HOOY vs JEPI: Performance, Holdings, Fees & Risk
HOOY and JEPI are ETFs, but they can differ materially in exposure, yield, fees and risk. HOOY is YieldMax HOOD Option Income Strategy ETF, while JEPI is JPMorgan Equity Premium Income ETF. JEPI is broader by holdings count, with 136 positions versus 14 for HOOY. JEPI has the lower expense ratio. Current AlgovestIQ evidence has JEPI ahead on AIQ Score, 67 versus 26.
What is the main difference between HOOY and JEPI?
JEPI holds 136 positions to HOOY's 14.
| Metric | HOOY | JEPI |
|---|---|---|
| Fund | ||
| Expense ratio | 0.99% | 0.35% |
| Holdings | 14 | 136 |
| Distribution yieldTrailing 12 months | 116.93% | 7.96% |
| Average volume | 140,299 | 4,434,583 |
| Performance | ||
| 1Y return | -64.1% | +1.5% |
| YTD return | -49% | +0.2% |
| Risk | ||
| Annualized volatility | 60.5% | 8.4% |
| Max drawdown (1Y) | -66.8% | -7.7% |
| Beta | 2.71 | 0.42 |
| Sharpe ratio | -1.45 | -0.32 |
| Sortino ratio | -2.19 | -0.47 |
| AlgovestIQ | ||
| AIQ Score | 26/100 | 67/100 |
| AIQ Edge Score | 1/10 | 10/10 |
| Momentum | 24/100 | 79/100 |
| Risk Resilience | 9/100 | 74/100 |
AlgovestIQ AIQ Comparison
YieldMax HOOD Option Income Strategy ETF vs JPMorgan Equity Premium Income ETF
JEPI leads
JEPI leads by 41 AIQ points, primarily on Risk Resilience and Momentum, and the lead has widened from 22 points over 30 sessions.
Stable: 3 of 3 evidence groups support JEPI, its lead is widening, and its current signal state is conflicted.
YieldMax HOOD Option Income Strategy ETF
JPMorgan Equity Premium Income ETF
The Algovestiq AIQ Score currently favors JEPI over HOOY, 67 versus 26 as of Oct 21, 2026. JEPI's advantage is driven primarily by stronger risk resilience and momentum. JEPI also shows the stronger technical structure relative to its 50-day moving average. 3 of 3 covered evidence groups favor JEPI today, and the comparison is rated Stable on stability: the leader is throwing conflicting signals. JEPI lead: Strengthening — the AIQ differential moved from 22 to 41 points over 30 sessions.
Compare YieldMax HOOD Option Income Strategy ETF and JPMorgan Equity Premium Income ETF across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.
HOOY vs JEPI: which fits what
Each row is settled by a single measure. Where the gap is too small to matter it reads Similar, and no row decides the comparison as a whole.
| If you want | HOOY | JEPI | Fits |
|---|---|---|---|
| Lower costExpense ratio | 0.99% | 0.35% | JEPI |
| Broader diversificationNumber of holdings | 14 | 136 | JEPI |
| Higher incomeTrailing 12-month distribution yield | 116.93% | 7.96% | HOOY |
| Smaller drawdownsMax drawdown, 1 year | -66.8% | -7.7% | JEPI |
| Lower volatilityAnnualized volatility, 1 year | 60.5% | 8.4% | JEPI |
Similar means the gap is within 0.01 percentage points of expense ratio, 25% more holdings, 3 points of top-10 weight, 0.2 points of yield, 2 points of drawdown or 1 point of volatility. Past drawdowns and volatility describe the funds’ history, not their future.
Performance over time
Total return with distributions reinvested, from daily closes for both ETFs.
Total return comparison
Growth of $10,000, distributions reinvested
Split-adjusted closes; each distribution is reinvested at the close on its ex-dividend date. Taxes and trading costs are not modeled.
Compare HOOY and JEPI against another ticker
Open a multi-ticker workspace without changing this focused pair page.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Risk Resilience9 vs 74JEPI +65
- Momentum24 vs 79JEPI +55
- Quality37 vs 68JEPI +31
3 of 3 evidence groups favor JEPI. JEPI’s edge is concentrated in risk resilience and momentum.
What changed since the last close
Latest scored session 2026-10-20, compared against the prior scored session 2026-10-19.
No factor moved materially.
New signals
- 52-Week Low Proximity — bearish, risk, long horizon (1.9%)
Largest factor move: Momentum +13
New signals
- Keltner Channel Breakout — bullish, volatility, short horizon
- RSI Overbought — bearish, momentum, short horizon
JEPI's lead widened by 4 AIQ points in the latest session.
Deeper signal detail for each name lives on its own signals page — HOOY and JEPI both carry a full feed there.
Fund facts, side by side
Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.
| Measure | HOOY | JEPI | Why it matters |
|---|---|---|---|
| Expense ratio | 0.99% | 0.35% | Lower is better — it compounds against you every year you hold. |
| Holdings | 14 | 136 | More holdings means broader diversification, not better returns. |
| Average volume | 140,299 | 4,434,583 | Liquidity — matters most if you trade size. |
| Annualized volatility | 60.5% | 8.4% | Lower is a steadier ride for the same exposure. |
| Max drawdown (1Y) | -66.8% | -7.7% | The worst peak-to-trough loss over the past year. |
| Sharpe ratio | -1.45 | -0.32 | Return per unit of risk. Higher is better. |
| Beta | 2.71 | 0.42 | Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio. |
HOOY vs JEPI: five-year payout growth
JEPI grew its split-adjusted payout at 7.88% a year over 2020-2025. HOOY began paying distributions in 2025, so it has no 2020-2025 growth rate to compare. JEPI: The payout jumped 52.9% in 2022, a single step rather than steady compounding - often an index or mandate change.
| Dividend metric | HOOY | JEPI |
|---|---|---|
| 2025 annual payout | $39.305 | $4.720 |
| Peer rank | not ranked | #1 of 3 |
Split-adjusted annual distributions, 2020–2025. Research as of Sep 19, 2026. Yield and expense ratio above are current values, not part of this window.
AIQ Agreement Matrix
3 of 3 covered evidence groups favor JEPI. A wide gap backed by one group is a weaker case than a narrow gap backed by five.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | JEPI | 26 vs 67 |
| Fundamentals | Not covered | Not covered |
| Valuation | Not covered | Not covered |
| Technicals | JEPI | Price vs 50-day -10.6% vs 0.6%; vs 200-day -23.7% vs 0.3% |
| Risk Resilience | JEPI | Risk Resilience 9 vs 74 |
| Analyst expectations | Not covered | Not covered |
✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of HOOY and JEPI and are excluded from the count.
AIQ Decision Stability
The conclusion rests on a wide gap and broad agreement. It is unlikely to turn on a single session.
- The AIQ gap is wide at 41 points. (supports the conclusion holding)
- 3 of 3 covered evidence groups point the same way. (supports the conclusion holding)
- The leader's advantage has been widening. (supports the conclusion holding)
- The leader is throwing conflicting signals. (argues the conclusion is provisional)
Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on JEPI.
How the comparison changed
45 daily snapshots · Sep 6 – Oct 20JEPI lead: Strengthening — the AIQ differential moved from 22 to 41 points over 30 sessions.
- Today
- JEPI +41
- 26 vs 67
- 7 sessions ago
- JEPI +36
- 25 vs 61
- 30 sessions ago
- JEPI +22
- 34 vs 56
- 90 sessions ago
- Not covered
The lead has not changed hands in this window.
AIQ Signal Divergence
Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.
1 bullish / 5 bearish / 2 neutral, conflicted
Only HOOY
- ATR Expansion - Breakout Mode — neutral, volatility, short horizon (5.29%)
- Keltner Channel Breakdown — bearish, volatility, short horizon
- RSI Oversold - Potential Bounce — bullish, momentum, short horizon
- 52-Week Low Proximity — bearish, risk, long horizon (1.9%)
- Downtrend Structure Active — bearish, trend, long horizon
- MACD Bearish Crossover — bearish, momentum, short horizon
2 bullish / 2 bearish / 2 neutral, conflicted
Only JEPI
- ATR Contraction - Coiling — neutral, volatility, short horizon (0.57%)
- Keltner Channel Breakout — bullish, volatility, short horizon
- RSI Overbought — bearish, momentum, short horizon
- MACD Bullish Crossover — bullish, momentum, short horizon
Both carry 2 more signals that do not separate them: Bollinger Band Squeeze, Death Cross Active.
JEPI leads the comparison while carrying a conflicted signal state, which is one reason the stability rating is not higher.
Price vs model alignment
Whether the latest session's price move confirms what the model did over the same session, or contradicts it.
Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price +3.47%, AIQ 0 points).
Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price -0.02%, AIQ +4 points).
What would flip this result
A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.
- 1HOOY closes the Risk Resilience gap — currently 65 points behind, the largest single contributor to JEPI's edge.
- 2HOOY's Death Cross Active resolves — a bearish trend rule currently active against it.
- 3JEPI's conflicting signal state resolves bearish — it currently carries 2 bullish and 2 bearish rules at once.
- 4A regime shift changes factor weighting — Quality and Value carry the heaviest weights in the composite, so a rotation toward either would move the result most.
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Performance
JEPI leads 6 of 6 windows| Metric | HOOY | JEPI |
|---|---|---|
| 1 week (5 sessions) | -10.3% | 0.8% |
| 1 month (20 sessions) | -22% | 1.1% |
| 3 months (63 sessions) | -21.5% | 1.3% |
| 6 months (126 sessions) | -28.3% | -0.2% |
| Year to date | -49% | 0.2% |
| 1 year (252 sessions) | -64.1% | 1.5% |
Technicals
JEPI has the stronger structure| Metric | HOOY | JEPI |
|---|---|---|
| RSI (14) | 25.6 | 74.6 |
| ADX (14) | 19.8 | 20.4 |
| Price vs 50-day | -10.6% | 0.6% |
| Price vs 200-day | -23.7% | 0.3% |
| Volatility (1M, annualized) | 38.1% | 5.4% |
Risk
JEPI is the more resilient| Metric | HOOY | JEPI |
|---|---|---|
| Beta | 2.71 | 0.42 |
| Sharpe ratio | -1.45 | -0.32 |
| Sortino ratio | -2.19 | -0.47 |
| Max drawdown | -66.8% | -7.7% |
| Current drawdown | -66.3% | -4.2% |
| Annualized volatility | 60.5% | 8.4% |
| Value at risk (95%) | -6.4% | -0.9% |
Straight answers
Short answers to the questions fund investors ask about this pair, from the figures above.
What is the difference between HOOY and JEPI?
JEPI holds 136 positions to HOOY's 14.
Which ETF is more diversified, HOOY or JEPI?
JEPI holds more positions: 136 versus 14 for HOOY.
Which has the lower expense ratio?
JEPI has the lower expense ratio, 0.35% a year against 0.99% for HOOY.
Which ETF has the higher distribution yield?
HOOY, with a trailing 12-month distribution yield of 116.93% against 7.96% for JEPI.
Which ETF has been more volatile?
HOOY has been more volatile over the past year, at 60.5% annualized against 8.4% for JEPI.
Which ETF has had the smaller drawdown?
JEPI fell less from peak to trough over the past year: -7.7% against -66.8% for HOOY.
Compare HOOY and JEPI with others
Continue your research
This page answers which of the two. These answer the questions on either side of it.
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality, Value, Momentum and Risk, each carrying a fixed weight. Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.