Computed head-to-head · 6 dimensions
JEPI vs YMAG
JPMorgan Equity Premium Income ETF versus YieldMax Magnificent 7 Fund of Option Income ETFs — yield, safety, growth trend, cost, scale, and tax treatment.
JEPI wins 3–1 on our six-dimension comparison, but YMAG can still be the better fit depending on your priorities — see each dimension below.
JEPI or YMAG — which is better?
JEPI wins this comparison 3–1 across 6 dimensions. JEPI yields 8.16% — lower than YMAG's 41.09% — and carries a 5.4/10 dividend safety score (Mixed) vs 4.7/10 for YMAG (Weak). JEPI wins 3–1 on our six-dimension comparison, but YMAG can still be the better fit depending on your priorities — see each dimension below.
On yield alone, YMAG generates 41.09% vs 8.16% — a 32.93% difference that translates to $32,930 more per year on a $100,000 investment. On dividend safety, JEPI scores 5.4/10 (Mixed) vs 4.7/10 (Weak) for YMAG — investors prioritizing income reliability should weight that gap alongside the yield difference.
Scorecard at a glance
| Dimension | JEPI | YMAG | Winner |
|---|---|---|---|
| Yield | 8.16% | 41.09% | YMAG wins |
| Dividend safety | 5.4/10 | 4.7/10 | JEPI wins |
| Growth trend | — | — | Tie |
| Expense ratio | 35.00% | 134.00% | JEPI wins |
| Scale | $45.3B | $293M | JEPI wins |
| Tax efficiency | Ordinary income | Ordinary income | Tie |
| Overall | 3 wins | 1 wins | JEPI wins |
Dimension by dimension
YMAG wins on yield (41.09% vs 8.16%)
On a $10,000 investment that's about $3293 more in annual dividend income before taxes — though higher yield often comes with higher risk.
YMAG's higher yield (41.09%) looks attractive but investors should weigh whether the extra income compensates for any additional risk versus JEPI's 8.16% — especially if the higher yield is driven by covered calls or a falling share price.
JEPI wins on safety (5.4/10 vs 4.7/10)
Our score combines yield zone, payout ratio, trend vs 5-year average, instrument type, and size. JEPI scores better on the weighted average of those factors.
JEPI (5.4/10) scores 0.7 points higher than YMAG (4.7/10). A higher safety score means lower historical indicators of dividend cut risk — payout ratio, yield zone, and trend all factor in.
Yield-trend comparison unavailable
One or both tickers are missing 5-year average yield data.
JEPI is cheaper (35.00% vs 134.00%)
On a $10,000 position the lower expense ratio saves about $9900/year — small annually but compounds significantly over 20+ years.
On $10,000 invested, JEPI's lower expense ratio saves roughly $99/year in fees versus YMAG. Over 20 years that compounds to a meaningful drag — expense ratios are one of the few costs investors fully control.
JEPI is 154.3× larger by AUM
Larger funds tend to have tighter spreads, deeper liquidity, and lower closure risk.
Both have similar tax-treatment concerns
Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.
JEPI uses a covered-call or options strategy that typically generates ordinary income taxed at your full marginal rate. YMAG's dividends may qualify for the 0–20% qualified dividend rate. In a taxable account, YMAG keeps more of your income after taxes.
Full breakdown per ticker: are JEPI dividends qualified and are YMAG dividends qualified — each with the after-tax income at every federal bracket.
How we compare these
Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.
This is educational, not investment advice. Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked
JEPI or YMAG — which is better?
JEPI is better on our scoring, winning 3–1 across six dimensions: yield, dividend safety, growth, cost, scale, and tax treatment. JEPI wins 3–1 on our six-dimension comparison, but YMAG can still be the better fit depending on your priorities — see each dimension below.
Which is better for income, JEPI or YMAG?
JEPI wins 3–1 on our six-dimension comparison, but YMAG can still be the better fit depending on your priorities — see each dimension below.
JEPI vs YMAG: which has a higher dividend yield?
JEPI yields 8.16% and YMAG yields 41.09%. On a $10,000 investment that's about $3293 more in annual dividend income before taxes — though higher yield often comes with higher risk.
Is JEPI or YMAG a safer dividend in 2026?
JEPI scores 5.4/10 (Mixed) on the Infnits dividend safety scale. YMAG scores 4.7/10 (Weak). JEPI is the safer pick on our scoring model.
Which has better dividend growth, JEPI or YMAG?
One or both tickers are missing 5-year average yield data.
JEPI vs YMAG: which is more tax-efficient?
Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.
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Compare both against your actual holdings
Put JEPI and YMAG into the free analyzer with the rest of your portfolio. You'll see what each one contributes to your annual income, your weighted safety score, and whether adding JEPI diversifies you or just duplicates what you hold. No account, no download.