JEPI vs SPXU

JPMorgan Equity Premium Income ETF vs ProShares UltraPro Short S&P500

Quick take
  • JEPI has the lower expense ratio at 0.35% vs 0.90% for SPXU.
  • JEPI pays a higher dividend yield (8.11%).

Side-by-side metrics

MetricJEPISPXU
Expense ratio
Annual fee. Lower is better.
0.35%0.90%
Dividend yield
Trailing 12-month yield.
8.11%6.85%
AUM
Assets under management — bigger funds are typically more liquid.
$44.75B$427M
YTD return
2.87%-23.50%
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.
0.43-2.75
P/E ratio
26.88
Last price
$56.64$36.42
Inception
Issuer
JPMorganProShares

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%

SPXU top holdings

Top holdings · SPXU
IQMMProShares GENIUS Money Market ETF78.53%

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 SPXU

SPXU (ProShares UltraPro Short S&P500) is 3x inverse daily performance of the S&P 500. Managed by ProShares, the fund carries $427M in assets under management, an expense ratio of 0.90%, a dividend yield of 6.85%. Its largest holding is ProShares GENIUS Money Market ETF (IQMM), which represents 78.5% of the portfolio.