What is the difference between JEPI, SPYI, and XYLD?

All overlay the S&P 500 for income. JEPI is active, SPYI is a NEOS high-income fund, XYLD is a systematic buy-write. Compare yield, fee, and total return.

Should I hold JEPI or JEPQ?

JEPI is S&P-like; JEPQ is Nasdaq-like. Many people hold both. Compare them in the Compare Dividend Returns tool.

Home ListsS&P 500 Income ETFs (JEPI, SPYI, XYLD)

S&P 500 Income ETFs (JEPI, SPYI, XYLD)

Covered-call and premium-income ETFs on the S&P 500 — JEPI, SPYI, XYLD, GPIX

Data updated 2026-10-24. Yields refresh on an hourly cache.

JEPI, SPYI, XYLD, GPIX. Compare JEPI vs JEPQ if you want S&P vs Nasdaq overlay.

Same idea as the Nasdaq income list, on the S&P 500. JEPI is active and usually the largest. SPYI and XYLD are the other two names people pair with it.

15 S&P 500 income ETFs · average trailing yield 9.68% (hourly cache).

Who this page is for

Best for

Comparing JEPI, SPYI, and XYLD as S&P 500 income overlays
Pairing a broad covered-call sleeve with a quality dividend ETF
Checking GPIX / XYLG as tax-aware or covered-call-growth variants

Not a fit for

Using this list as a substitute for an S&P 500 core without reading the call overwrite
Assuming JEPI’s popularity means it will out-yield SPYI every year
Mixing SPHD/SPYD (high-dividend equity) with buy-write products as if they were the same strategy

Risks specific to this yield range

Overwrite rate and strike selection change how much S&P upside you keep.
A higher trailing yield usually means more capped upside or more NAV noise.
Equity-risk remains: a 20% S&P drawdown still hurts these funds.
SPHD and SPYD on this roster are high-dividend index funds, not covered-call clones of JEPI.

Analysis

JEPI is the active S&P-like premium-income fund people search first. SPYI is the NEOS high-income counterpart. XYLD is the systematic Global X buy-write. Those three are the citation cluster.

GPIX and XYLG sit between “max yield” and “keep more upside.” DIVO and KNG add stock-picking or dividend-growth overlays. Read the strategy before sorting by yield.

Nasdaq income (JEPQ, QQQI, QYLD) is the sibling page. Many readers hold one S&P overlay and one Nasdaq overlay. Compare JEPI vs JEPQ instead of stacking four overwrite funds blindly.

Largest names on this roster

Yield and AUM from our quote data. Issuer, expense ratio, and payment frequency are not on the stock payload yet — open each scorecard for full detail.

JEPI

JPMorgan Equity Premium Income ETF

8.03% yield

$45.7B AUM

SPYI

Neos S&P 500(R) High Income ETF

13.01% yield

$10.5B AUM

XYLD

Global X - S&P 500 Covered Call ETF

11.27% yield

$3.4B AUM