JEPI and SIXH are both covered call ETFs tracking the same benchmark, but with different approaches. JEPI offers a 8.20% yield, while SIXH provides a 1.77% yield. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
JPMorgan Equity Premium Income ETF
6.90
Overall Score
6 Meridian Hedged Equity-Income ETF
6.21
Overall Score
| Criteria | JEPI | SIXH |
|---|---|---|
| Overall Score | 6.90 6.21 | |
| Total Return (25%) | 5.05 5.42 | |
| Downside Protection (25%) | 8.27 10.00 | |
| Upside Participation (25%) | 6.00 4.39 | |
| Consistency (15%) | 8.12 5.95 | |
| Expense Ratio (5%) | 8.12 2.75 | |
| Liquidity (5%) | 8.89 4.63 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | JEPI | SIXH |
|---|---|---|
| Expense Ratio | 0.350% | 0.780% |
| Inception Date | May 20, 2020 | Oct 8, 2020 |
| Issuer | JPMorgan | 6 Meridian |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 4/5 stars |
Cut volatility by a third (10.0% vs 15.7%) and the 2022 loss to -3.5%, but captured only 60% of S&P 500 upside, so five-year return is half of SPY's.
Investor Profile:
JEPI is an actively managed JPMorgan fund that holds a low-volatility basket of about 142 large-cap U.S. stocks. It earns option income through equity-linked notes (ELNs) on the S&P 500, about 15% of the portfolio against a 20% regulatory cap. The ELNs are unsecured bank obligations spread across at least six issuers. It pays monthly and charges 0.35%.
Cut the worst drawdown to -10.1% (SPY -23.9%), but pays only 1.8% and captured 44% of S&P 500 upside.
Investor Profile:
SIXH is an actively managed Exchange Traded Concepts fund that provides exposure to U.S. equities, 52 positions, and sells call options against SPY. Its largest positions are SPY (5.1%) and Altria (5.0%). The hedged label and a 20% down capture indicate a protective component, but the fund page does not describe it [to confirm with 6 Meridian]. It pays monthly.
Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.
28 covered call ETFs, rescored every month on total return, downside protection and NAV stability. One email a month, no promotions.
We store your email to send the monthly ranking. Unsubscribe any time by replying to any email. We never share or sell it.