JEPI vs DIVO
Two equity-income-via-options funds with different intensities — broad ELN income versus selective covered calls plus dividends. Here’s how JEPI and DIVO compare for dividend investors — with a calculator for each so you can model the income yourself.
JEPI
JPMorgan Equity Premium Income ETF
- Type
- Covered-call income ETF
- Issuer
- JPMorgan
- Pays
- monthly
JEPI holds a defensive basket of U.S. stocks and sells equity-linked notes to generate options premium, paying a high monthly distribution. Its yield is well above the broad market, but much of the return comes from income rather than price appreciation.
JEPI dividend calculatorDIVO
Amplify CWP Enhanced Dividend Income ETF
- Type
- Covered-call income ETF
- Issuer
- Amplify
- Pays
- monthly
DIVO is an actively managed fund that holds high-quality dividend payers and writes covered calls tactically on individual positions, paying monthly. It aims for a blend of dividend income, option income, and some growth.
DIVO dividend calculatorJEPI vs DIVO dividend, side by side
Current dividend figures for JEPI and DIVO as of Jul 10, 2026. Yields and payouts change — verify the latest numbers with your broker before investing.
How JEPI and DIVO differ
JEPI — JEPI holds a defensive basket of U.S. stocks and sells equity-linked notes to generate options premium, paying a high monthly distribution. Its yield is well above the broad market, but much of the return comes from income rather than price appreciation.
DIVO — DIVO is an actively managed fund that holds high-quality dividend payers and writes covered calls tactically on individual positions, paying monthly. It aims for a blend of dividend income, option income, and some growth.
In practice the choice comes down to your goal. JEPI suits an investor who wants maximum current monthly income and accepts capped price growth, while DIVO suits one who wants maximum current monthly income and accepts capped price growth. The two are not mutually exclusive — plenty of portfolios hold a growth-oriented fund and an income-oriented one together. What matters is matching each to its job and not judging a fund on its headline yield alone.
Rather than compare a single snapshot yield (which moves daily), open each calculator and enter current figures: the JEPI calculator and the DIVO calculator. To compare long-term compounding head to head, run the same contributions through the dividend reinvestment calculator with each fund’s assumptions.
JEPI vs DIVO FAQ
- What's the main difference between JEPI and DIVO?
- JEPI is a covered-call income etf from JPMorgan; DIVO is a covered-call income etf from Amplify. Two equity-income-via-options funds with different intensities — broad ELN income versus selective covered calls plus dividends.
- Does JEPI or DIVO pay more dividends?
- As of Jul 10, 2026, JEPI yields about 8.07% and DIVO about 6.42%, so JEPI currently pays the higher yield. JEPI pays monthly (varies); DIVO pays monthly (varies). Yields move daily, so verify current figures and use the calculators below to model the income yourself. Covered-call income funds carry a much higher headline yield but little price growth, while dividend-growth and broad-market funds start lower and aim to grow the payout.
- Which is better, JEPI or DIVO?
- Neither is universally better — they suit different goals. JEPI fits an investor who wants maximum current monthly income and accepts capped price growth; DIVO fits one who wants maximum current monthly income and accepts capped price growth. Match the fund to your objective, time horizon, and tax situation, and consider a licensed advisor.
- Can I hold both JEPI and DIVO?
- Many investors do, to blend current income with growth. Just be aware of overlap — if both hold similar large-cap US stocks, you may be less diversified than the two tickers suggest.