JEPI vs SMCY
JPMorgan Equity Premium Income ETF compared with YieldMax SMCI Option Income Str on yield, payout growth, payment schedule, cost and risk.
JEPI
JPMorgan Equity Premium Income ETF
TTM yield · Monthly
SMCY
YieldMax SMCI Option Income Str
TTM yield · Weekly
Quick take
- SMCY yields more today: 102.83% vs 8.06% (forward).
- JEPI pays every month; SMCY pays every week.
- Over the last year JEPI delivered the higher total return: +7.6% vs -13.0% (price change plus payouts).
- JEPI is cheaper to own: 0.35% vs 1.01% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPI | SMCY |
|---|---|---|
| Share price | $56.88 | $5.50 |
| TTM yield | 8.06% | 131.56% |
| Forward yield | 8.06% | 102.83% |
| Annual payout per share | $4.583 | $5.6559 |
| Payment frequency | Monthly | Weekly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 10, 2026 (est.) |
| Expense ratio | 0.35% | 1.01% |
| 1-year payout growth | -4.1% | — |
| 5-year payout CAGR | -0.1% | — |
| Consecutive years of increases | 1 year | 0 years |
| Payout consistency (last 12) | 92/100 | 85/100 |
| 1-year total return | +7.6% | -13.0% |
| 1-year price return | -0.5% | -62.4% |
| Size (market cap / AUM) | 46.2B | 151.2M |
| Years paying | 6.2 | 1.9 |
| 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 | SMCY | |
|---|---|---|
| Shares | 175.8 | 1,818.2 |
| Income per year | $806 | $10,283 |
| Income per month (avg) | $67 | $857 |
At forward yields, before taxes. Model JEPI · Model SMCY
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. |
| SMCY Sep 10, 2026 | Sep 24, 2026 | $0.1088 | Est. |
| SMCY Sep 17, 2026 | Oct 1, 2026 | $0.1088 | Est. |
| SMCY Sep 24, 2026 | Oct 8, 2026 | $0.1088 | Est. |
Annual payouts per share
JEPISMCY
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 SMCY?
SMCY currently has the higher trailing yield: JEPI yields 8.06% and SMCY yields 131.56%. Yield changes daily with price, so check the live figures above.
How often do JEPI and SMCY pay?
JEPI pays every month and SMCY pays every week. JEPI's next ex-date is Oct 1, 2026 and SMCY's is Sep 10, 2026.
Is JEPI or SMCY better for income?
It depends on what you are optimising for. JEPI and SMCY 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.