# NEOS S&P Income Fund Beats JEPI in Year-End Returns

> NEOS S&P Income Fund outperformed JEPI by 5.71 percentage points in the past year, but its short track record raises concerns for retirees.
- Title: NEOS S&P Income Fund Beats JEPI in Year-End Returns | Shortify
- Summary: NEOS S&P Income Fund outperformed JEPI by 5.71 percentage points in the past year, but its short track record raises concerns for retirees. NEOS S&P Income…
- Keywords: neos sp income fund, je pi, s&p 500, etf, retirees, income fund, s&p 500 high income etf, jpmorgan equity premium income etf, NEOS, Income, Fund, Beats
- Source: 24/7 Wall St. — https://247wallst.com/investing/etf/2026/10/22/forget-jepi-neoss-sp-income-fund-returned-14-46-over-the-past-year-against-jepis-8-75
- Author: Ryne Mauck
- Published: 2026-10-23T00:33:19+00:00
- Read time: 1 min
- Topics: neos sp income fund, je pi, s&p 500, etf, retirees, income fund, s&p 500 high income etf, jpmorgan equity premium income etf
## NEOS S&P Income Fund Returns
NEOS S&P 500 High Income ETF returned 14.46% over the past year, outperforming JEPI's 8.75% by 5.71 percentage points.

> neos sp income fund returned 14.46% over the past year against je pi's 8.75%
## JEPI's Performance
JEPI, the JPMorgan Equity Premium Income ETF, returned 8.75% over the past year with a focus on monthly payouts and low volatility.

> jpmorgan equity premium income etf returned 8.75% over the past year
## Short Track Record
SPYI has a short track record starting August 30, 2022, making long-term comparisons impossible with JEPI.

> price history for it begins on august 30, 2022
## Performance Comparison
SPYI led year-to-date by 4.93 percentage points but lagged in the past month, showing inconsistent results.

> year to date, spy i is up 11.4% against je pi's 6.47%
## Fund Strategies
JEPI combines stock dividends with option premiums for low volatility, while SPYI targets high monthly income through s&p 500 stocks.

> je pi combines selling options with investing in u.s. large cap stocks
## Retirees' Considerations
Retirees using either fund as a paycheck must weigh short-term gains against long-term market cycles.

> for a je pi holder, that means spy i's edge rests on a short window
## Investor Advice
Switching from JEPI to SPYI requires careful analysis, especially within tax-sheltered accounts to avoid capital gains.

> investors who can accept a track record that starts in august 2022 in exchange for spy i's stronger past year results
## Key takeaway

NEOS S&P Income Fund returned 14.46% over the past year versus JEPI's 8.75%, but its recent performance may not hold through a full market cycle.