Why might JEPI lag in strong bull markets?

Covered-call strategies can trade some upside for option premium income. In sharp rallies, a plain equity dividend ETF may compound faster — history on this chart can illustrate that pattern, without predicting the future.

How is the SCHD vs JEPI chart calculated?

Each ETF starts at $10,000 using historical daily closes. Stock splits adjust share count. With DRIP on, dividends buy additional shares on ex-dividend days. Ending value, total return, and annual return are derived from that path.

Is this investment advice?

No. Results are historical illustrations only and do not predict future performance or constitute personalized investment, tax, or financial advice.

SCHD vs JEPI historical returns (dividends reinvested)

$10,000 starting capital · DRIP on · history from 2020-05-21 to 2026-10-13

SCHD is a dividend-growth equity ETF; JEPI uses an equity covered-call approach aimed at high current income. Comparing them shows how different income strategies can produce very different wealth paths for the same $10,000.

SCHDUSD

SCHWAB U.S. DIVIDEND EQUITY ETF

From 2020-05-21 to 2026-10-13

10,000→24,855

Total return +148.55% · Annual return +15.3%

JEPIUSD

JPMORGAN EQUITY PREMIUM INCOME ETF

From 2020-05-21 to 2026-10-13

10,000→19,619

Total return +96.19% · Annual return +11.11%

Portfolio value

2020-05-21→2026-10-13

Loading chart…

SCHD
JEPI

Frequently asked questions

Why might JEPI lag in strong bull markets?: Covered-call strategies can trade some upside for option premium income. In sharp rallies, a plain equity dividend ETF may compound faster — history on this chart can illustrate that pattern, without predicting the future.
How is the SCHD vs JEPI chart calculated?: Each ETF starts at $10,000 using historical daily closes. Stock splits adjust share count. With DRIP on, dividends buy additional shares on ex-dividend days. Ending value, total return, and annual return are derived from that path.
Is this investment advice?: No. Results are historical illustrations only and do not predict future performance or constitute personalized investment, tax, or financial advice.

Related ETF comparisons

$10,000 backtest with optional dividend reinvestment.

Historical illustration only — not investment advice. Back to the ETF return calculator.

SCHD vs JEPI historical returns (dividends reinvested)

$10,000 starting capital · DRIP on · history from 2020-05-21 to 2026-10-13

SCHDUSD

SCHWAB U.S. DIVIDEND EQUITY ETF

From 2020-05-21 to 2026-10-13

10,000→24,855

Total return +148.55% · Annual return +15.3%

JEPIUSD

JPMORGAN EQUITY PREMIUM INCOME ETF

From 2020-05-21 to 2026-10-13

10,000→19,619

Total return +96.19% · Annual return +11.11%

Portfolio value

2020-05-21→2026-10-13

Loading chart…

SCHD
JEPI

Frequently asked questions

Why might JEPI lag in strong bull markets?: Covered-call strategies can trade some upside for option premium income. In sharp rallies, a plain equity dividend ETF may compound faster — history on this chart can illustrate that pattern, without predicting the future.
How is the SCHD vs JEPI chart calculated?: Each ETF starts at $10,000 using historical daily closes. Stock splits adjust share count. With DRIP on, dividends buy additional shares on ex-dividend days. Ending value, total return, and annual return are derived from that path.
Is this investment advice?: No. Results are historical illustrations only and do not predict future performance or constitute personalized investment, tax, or financial advice.

Related ETF comparisons

$10,000 backtest with optional dividend reinvestment.

Historical illustration only — not investment advice. Back to the ETF return calculator.