JEPI vs KLIP
JPMorgan Equity Premium Income ETF compared with KraneShares KWEB Covered Call Strategy ETF on yield, payout growth, payment schedule, cost and risk.
JEPI
JPMorgan Equity Premium Income ETF
TTM yield · Monthly
KLIP
KraneShares KWEB Covered Call Strategy ETF
TTM yield · Monthly
Quick take
- KLIP yields more today: 29.65% vs 8.06% (forward).
- JEPI has grown its payout faster: -4.1%/yr vs -35.9%/yr over the last 1 year.
- Both pay every month.
- Over the last year JEPI delivered the higher total return: +7.6% vs -8.9% (price change plus payouts).
- JEPI is cheaper to own: 0.35% vs 0.94% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPI | KLIP |
|---|---|---|
| Share price | $56.88 | $22.87 |
| TTM yield | 8.06% | 29.65% |
| Forward yield | 8.06% | 29.65% |
| Annual payout per share | $4.583 | $6.781 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 27, 2026 (est.) |
| Expense ratio | 0.35% | 0.94% |
| 1-year payout growth | -4.1% | -35.9% |
| 5-year payout CAGR | -0.1% | — |
| Consecutive years of increases | 1 year | 0 years |
| Payout consistency (last 12) | 92/100 | 87/100 |
| 1-year total return | +7.6% | -8.9% |
| 1-year price return | -0.5% | -29.7% |
| Size (market cap / AUM) | 46.2B | 95.9M |
| Years paying | 6.2 | 3.6 |
| Sector / category | Derivative Income | Derivative Income |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| JEPI | KLIP | |
|---|---|---|
| Shares | 175.8 | 437.3 |
| Income per year | $806 | $2,965 |
| Income per month (avg) | $67 | $247 |
At forward yields, before taxes. Model JEPI · Model KLIP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| JEPI Oct 1, 2026 | Oct 15, 2026 | $0.3819 | Est. |
| JEPI Oct 31, 2026 | Nov 14, 2026 | $0.3819 | Est. |
| JEPI Nov 30, 2026 | Dec 14, 2026 | $0.3819 | Est. |
| KLIP Sep 27, 2026 | Oct 11, 2026 | $0.5651 | Est. |
| KLIP Oct 27, 2026 | Nov 10, 2026 | $0.5651 | Est. |
| KLIP Nov 26, 2026 | Dec 10, 2026 | $0.5651 | Est. |
Annual payouts per share
JEPIKLIP
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, JEPI or KLIP?
KLIP currently has the higher trailing yield: JEPI yields 8.06% and KLIP yields 29.65%. Yield changes daily with price, so check the live figures above.
How often do JEPI and KLIP pay?
JEPI pays every month and KLIP pays every month. JEPI's next ex-date is Oct 1, 2026 and KLIP's is Sep 27, 2026.
Which has grown its dividend faster, JEPI or KLIP?
JEPI has grown its payout faster: -4.1%/yr vs -35.9%/yr over the last 1 year.
Is JEPI or KLIP better for income?
It depends on what you are optimising for. JEPI and KLIP differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.