USEPvsJEPIETF Comparison
ETF 1
USEP
Innovator U.S. Equity Ultra Buffer ETF - September
This fund is part of
Options Strategies
-0.88%
VS
Innovator U.S. Equity Ultra Buffer ETF - September (USEP) and JPMorgan Equity Premium Income ETF (JEPI) belong to the same industry segment: Options Strategies. USEP is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.35% for JEPI. USEP is up 6.94% year-to-date (YTD) with +$2M in YTD flows. JEPI performs worse with 5.88% YTD performance, and +$4.34B in YTD flows. Run a side-by-side ETF comparison of USEP and JEPI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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USEP vs JEPI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | USEP JEPI | +0.92%+2.64% | +1.17%+2.03% | +6.94%+5.88% | +9.16%+9.34% | +42.10%+34.17% | +49.22%+43.90% |
| Flows | USEP JEPI | +$66M-$199M | +$82M+$239M | +$2M+$4.34B | -$7M+$4.78B | +$102M+$14.55B | +$113M+$41.54B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | USEP JEPI | +4.42%+6.46% | +5.16%+8.11% | +6.96%+10.09% | +7.78%+11.15% |
| Max drawdown | USEP JEPI | -1.29%-3.20% | -4.07%-6.70% | -9.79%-13.24% | -12.08%-13.83% |
| Max drawdown duration | USEP JEPI | 18d52d | 44d156d | 110d180d | 521d420d |
Trading data
USEP | JEPI | |
Last sale 10/16/2026 at 1:30 PM | $42.05 | $57.04 |
| Previous close 10/15/2026 | $42.29 | $57.16 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
USEP | JEPI | |
|---|---|---|
| Last price | $42.05 | $57.04 |
| 1D performance | -0.57% | -0.21% |
| AuM | $236.50 M | $45.74 B |
| E/R | 0.79% | 0.35% |
Characteristics
USEP | JEPI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Innovator | J.P. Morgan Asset Management |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 3, 2019 | May 20, 2020 |
| ESG | No | No |
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Exposure
Countries
USEP
Data will be available soon
JEPI
Data will be available soon
Sectors
USEP
Data will be available soon
JEPI
Data will be available soon
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Diversification
USEP
Data will be available soon
JEPI
Data will be available soon
Top 15 holdings
Data as of January 1, 1970
USEP
Data will be available soon
JEPI
Data will be available soon
Frequently asked questions about USEP and JEPI
How have the USEP and JEPI ETFs performed in 2026?
As of October 16, 2026, USEP is up 6.94% year-to-date (YTD), while JEPI has returned 5.88%. That puts USEP better performer ahead so far this year.
Which ETF is attracting more investor money: USEP or JEPI?
Year-to-date, the USEP ETF saw +$2M in flows, compared to +$4.34B for JEPI.
Which ETF is more volatile: USEP or JEPI?
Over the past year, USEP had a volatility of 5.16%, while JEPI experienced 8.11%.
Which ETF is bigger: USEP or JEPI?
As of October 16, 2026, USEP holds $236.50 M in assets under management (AUM), while JEPI manages $45.74 B.
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JEPI
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