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HDV vs. JEPI – A Comprehensive Comparison

Discover a comparison of HDV vs. JEPI to determine which is best for you! Use the table below to compare their key characteristics.

Last Updated: 1/15/2024

HDV vs. JEPI Key Characteristics

MetricsHDVJEPI
1-Year Annual Return1.77%9.88%
5-Year Annual Return7.92%0
Expense Ratio0.08%0.35%
Dividend Yield3.77%7.04%
Number of Holdings76131

Overview of HDV

HDV, the iShares Core High Dividend ETF, is an exchange-traded fund managed by BlackRock. This ETF aims to track the investment results of the Morningstar Dividend Yield Focus Index, which is composed of relatively high dividend paying U.S. equities. The primary objective of HDV is to provide investors with exposure to established U.S. companies that have a history of paying high dividends. The ETF is focused on companies that not only pay high dividends but are also financially healthy and have sustainable business models.

Overview of JEPI

The JPMorgan Equity Premium Income ETF, identified by the ticker symbol JEPI, is an exchange-traded fund managed by J.P. Morgan Asset Management. JEPI is designed to provide investors with a combination of consistent income and capital appreciation, primarily by investing in high-quality, large-cap U.S. equities and utilizing an options strategy. JEPI’s approach combines a selection of equities from the S&P 500 Index with an options strategy, which includes writing (selling) index options. It is important for investors to understand that the dividends received from JEPI are not qualified, making them taxable at your regular income tax rate.

Performance Comparison of HDV vs. JEPI

The total return performance including dividends is crucial to consider when analyzing different investment funds. 

As of 1/15/2024, HDV has a one year annualized return of 1.77%, while JEPI has a five year annualized return of 9.88%. 

HDV vs. JEPI Dividend Yield

Both HDV and JEPI pay dividends to their shareholders from the earnings of their underlying stocks. The dividend yield is a measure of how much a company pays in dividends relative to its share price.

As of 1/15/2024 the dividend yield of HDV is 3.77%, while the dividend yield of  JEPI is 7.04%. 

HDV vs. JEPI Expense Ratios

The expense ratio is a measure of how much an ETF charges its investors for managing the fund. It is expressed as a percentage of the fund’s assets per year.

The expense ratio is one of the most important factors to consider when choosing an ETF because it directly affects your returns over time. The lower the expense ratio, the more money you get to keep from your investment.

As of 1/15/2024 HDV has an expense ratio of 0.08%, while JEPI has an expense ratio of 0.35%. 

HDV vs. JEPI Holdings

A fund’s holdings are the basket of individual securities that it owns and tracks. It is crucial for investors to analyze a fund’s holdings because they are effectively what you are investing in by purchasing the fund. 

As of 1/15/2024 HDV holds 76 securities, while JEPI holds 131. 

Mutual Funds vs. ETFs

When comparing investment funds, you may be confused about the difference between an ETF and a mutual fund. Keep in mind, an index fund is a specific type of mutual fund. ETFs are tradeable during the stock market hours, while mutual funds only update once per day.

etf vs mutual fund

Mutual funds are pooled investment vehicles that are managed by a fund company or an investment advisor. They issue and redeem shares directly to investors at the end of each trading day based on their net asset value (NAV). Investors can buy and sell mutual fund shares through the fund company or a broker.

ETFs are also pooled investment vehicles that are managed by a fund company or an investment advisor. However, they trade like stocks on an exchange throughout the trading day at market prices that may differ from their NAV. Investors can buy and sell ETF shares through a broker.

Some of the advantages and disadvantages of mutual funds vs ETFs are:

  • Mutual funds may offer more convenience and flexibility for investors who want to invest a fixed amount of money or set up automatic investments or withdrawals.
  • Mutual funds may require a larger minimum investment.
  • ETFs may incur bid-ask spreads and premiums or discounts to their NAV, which can affect their trading efficiency and performance.
  • Mutual funds may be less tax-efficient than ETFs, as they may distribute more capital gains to their shareholders due to their redemption mechanism.
  • ETFs may be more tax-efficient than mutual funds, as they may avoid realizing capital gains through their creation and redemption mechanism.

HDV vs. JEPI – Bottom Line

Ultimately, both HDV and JEPI are solid investment choices. The choice between the two ultimately depends on the exposure you want and the amount of risk you are willing to take. 

Hopefully, the information in this article helps you decide which is better for your portfolio. To continue your research, check out our other fund comparison articles as well!

Comparing ETFs With TradingView

When comparing ETFs, it is crucial that you are comparing the total return to include dividend payments. TradingView allows you to compare several stocks and ETFs at once on a single chart adjusted for dividends.

You can simply sign up for a free TradingView account and type the stock ticker you want to compare.

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Next, click the plus sign next to the ticker at the top left of the chart to add symbols to compare.

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Finally, ensure you click the ‘ADJ’ at the bottom to adjust the returns for dividends!

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As you can see in the TradingView chart below, you can compare multiple funds and ETFs on a single chart, making your research much easier. Feel free to compare any ETFs you’d like using the widget. Alternatively, sign up for a free TradingView account and use the main website for a better experience.

The Best Brokers For Investing

Whether you want to invest in HDV or JEPI, you will need to sign up with a reputable brokerage account. There are many options available, but here are our top picks for investors:

1- Robinhood

Robinhood is a popular choice for investors who want a modern and simple way to invest in the stock market. Benefits of investing on Robinhood include:

  • Auto invest daily, weekly, or monthly into your favorite ETFs
  • Invest as little as $1 a day with fractional shares and auto-deposit
  • Fun and simple app to track your investments
  • Commission-free stock and option trading
  • You can usually get a free stock when you use my Robinhood referral code

2- tastytrade

tastytrade is an excellent brokerage for both investors and active traders. tastytrade offers some of the best commissions around for options and futures trading, plus stock trading is free. Benefits of investing using tastytrade include:

  • Invest as little as $1 with fractional shares
  • Commission-free stock trading
  • Competitive options and futures trading prices

Consider using my referral link to sign up for tastytrade, and you may receive some type of bonus.

3- Schwab

Schwab recently acquired TD Ameritrade along with the thinkorswim platform, making it an excellent brokerage for investors and active traders. thinkorswim is an amazing trading platform, and Schwab is a well-known financial institution perfect for investing. Benefits of using Schwab include:

  • Access the thinkorswim trading platform
  • Commission-free stock trading
  • Fractional share availability

Disclousure: This post contains affiliate or referral links to TradingView, Robinhood, and tastytrade I may be compensated for you if use them.

The Best Investing Books

As you continue researching HDV and JEPI, you will learn there is no “perfect” investment. However, knowledge is power, and you can learn more about investing by reading books written by the best investors who ever lived. Here are some excellent investing books you should check out to help guide you through your investment journey:

Other ETF Comparisons


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