JEPI vs PGX

JPMorgan Equity Premium Income ETF vs Invesco Preferred ETF

Quick take
  • JEPI has the lower expense ratio at 0.35% vs 0.50% for PGX.
  • JEPI pays a higher dividend yield (8.11%).

Side-by-side metrics

MetricJEPIPGX
Expense ratio
Annual fee. Lower is better.
0.35%0.50%
Dividend yield
Trailing 12-month yield.
8.11%6.27%
AUM
Assets under management — bigger funds are typically more liquid.
$44.75B$3.86B
YTD return
2.87%-0.55%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.431.21
P/E ratio
26.88
Last price
$56.64$10.86
Inception
Issuer
JPMorganInvesco

JEPI top holdings

Top holdings · JEPI
ABBVAbbVie Inc1.73%
HWMHowmet Aerospace Inc1.69%
JNJJohnson & Johnson1.66%
ETNEaton Corp PLC1.63%
TTTrane Technologies PLC Class A1.61%
LRCXLam Research Corp1.56%
NVDANVIDIA Corp1.52%
AAPLApple Inc1.52%
ROSTRoss Stores Inc1.51%
GOOGLAlphabet Inc Class A1.51%
Sector breakdown · JEPI
Real Estate3.2%
Consumer Cyclical12.0%
Basic Materials2.0%
Consumer Defensive8.9%
Technology18.7%
Communication Services6.4%
Financial Services10.2%
Utilities5.6%
Industrials14.9%
Energy2.7%
Healthcare15.4%

PGX top holdings

Top holdings · PGX
JPMPCJPMorgan Chase & Co 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE1.80%
JPMPDJPMorgan Chase & Co Pfd1.57%
WFCPZWells Fargo & Co 4.75% PRF PERPETUAL USD 25 Series Z Class A1.45%
JPMPLJPMorgan Chase & Co PRF PERPETUAL USD - Ser LL 1/400th Int1.33%
JPMPMJPMorgan Chase & Co PRF PERPETUAL USD - Ser MM 1/400th1.32%
BACPBBank of America Corp 6% PRF PERPETUAL USD 25 - Ser GG 1/1000th int1.30%
TPCAT&T Inc 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C1.20%
BACPMBank of America Corp Pfd1.14%
JPMPKJPMorgan Chase & Co PRF PERPETUAL USD 25 - Ser JJ 1/400 int1.06%
COFPICapital One Financial Corp Series I1.06%
Sector breakdown · PGX
Utilities100.0%

About JEPI

JEPI (JPMorgan Equity Premium Income ETF) is Active equity income with covered-call overlay. Managed by JPMorgan, the fund carries $44.7B in assets under management, an expense ratio of 0.35%, a dividend yield of 8.11%. Its largest holding is AbbVie Inc (ABBV), which represents 1.7% of the portfolio. Real Estate is the fund's largest sector exposure at 3.2%.

About PGX

PGX (Invesco Preferred ETF) is US investment-grade preferred stocks. Managed by Invesco, the fund carries $3.9B in assets under management, an expense ratio of 0.50%, a dividend yield of 6.27%. Its largest holding is JPMorgan Chase & Co 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE (JPMPC), which represents 1.8% of the portfolio. Utilities is the fund's largest sector exposure at 100.0%.