From 24/7 Wall St. · Ryne Mauck · · 1m 20s
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.
In brief
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 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. Originally reported by 24/7 Wall…
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”
The short version
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.
