# JEPI's 4.42% Gain Lags FYEE's 12.4% Run

> JEPI's 4.42% gain trails Fidelity's FYEE ETF at 12.4% in 2026.
- Title: JEPI's 4.42% Gain Lags FYEE's 12.4% Run · 24/7 Wall St.
- Summary: JEPI's 4.42% gain trails Fidelity's FYEE ETF at 12.4% in 2026. JEPI's 4.42% year-to-date return lags Fidelity's FYEE ETF's 12.4% gain for investors seeking…
- Keywords: je pi, fyee, fidelity, etf, income, market, 2026, covered call, dividend, fidelity yield enhanced equity etf, fidelity high dividend etf, JEPI's
- Source: 24/7 Wall St. — https://247wallst.com/investing/etf/2026/09/22/jepis-4-42-gain-looks-modest-next-to-fyees-12-4-run-in-2026
- Author: Ryne Mauck
- Published: 2026-09-22T21:35:52+00:00
- Read time: 1 min
- Topics: je pi, fyee, fidelity, etf, income, market, 2026, covered call, dividend, fidelity yield enhanced equity etf, fidelity high dividend etf
## JEPI's 2026 Performance
JEPI delivered steady income and muted volatility as promised in 2026.
## JEPI's 4.42% Year-to-Date Return
JEPI shares rose 4.42% year-to-date with $0.37142 per share payment.
## FYEE's 12.4% Year-to-Date Gain
FYEE gained 12.4% year-to-date with $2.111 per share distributions.
## JEPI vs FYEE Value Comparison
A $100,000 JEPI position is worth $110,888 versus FYEE's $120,304.
## FYEE's Strategy Advantage
FYEE uses a smaller option overlay to capture more market upside while funding competitive distributions.
## Investor Options for Switching
Investors can redirect contributions to FYEE or swap within an IRA to avoid capital gains tax.
## Why FYEE Outperformed
FYEE's lighter option overlay let more market rallies through to shareholders while funding competitive distributions.
## Key takeaway

JEPI's 4.42% year-to-date return lags Fidelity's FYEE ETF's 12.4% gain for investors seeking income with market upside.