JPMO vs TSPY
YieldMax JPM Option Income Strategy ETF vs TappAlpha S&P 500 Growth & Daily Income ETF
Which is better, JPMO or TSPY?
JPMO has been ahead.
TSPY has a lower expense ratio. JPMO led over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JPMO | TSPY |
|---|---|---|
| Expense Ratio | 1.19% | 0.71%Best |
| AUM | $57M | $366M |
| Dividend Yield | 33.55% | 15.20% |
| Holdings | 17 | 3 |
| YTD Price Return | - | -0.94% |
| 1Y Price Return | - | +0.68% |
| Volatility (annualized) | - | 13.0% |
| Max Drawdown | - | -21.4% |
| Fund Family | YieldMax ETF | TappAlpha |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 11, 2023 | Aug 14, 2024 |
Not shown on this pair: 3Y Price Return (annualized), 5Y Price Return (annualized), $10,000 over the window, Top 10 Weight.
Returns are price returns and exclude distributions, because our data feed carries no adjusted close for JPMO. We have no price series for JPMO, so there is nothing to compare it against. JPMO yields 33.55% and TSPY 15.20% on top.
JPMO vs TSPY Performance
YieldMax JPM Option Income Strategy ETF (JPMO) is an ETF from YieldMax ETF and TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is an ETF from TappAlpha.
Fees and Cost Over Time
JPMO charges 1.19% per year while TSPY charges 0.71%. On a $10,000 position that is $119 vs $71 annually, a gap of $48 per year that compounds over a long holding period. On income, JPMO currently yields 33.55% against 15.20% for TSPY.
Holdings Overlap
We hold position weights for 5 holdings in JPMO and 2 in TSPY, totalling 51.8% and 99.8% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
The two holdings books were reported 398 days apart, JPMO as of Aug 29, 2025 and TSPY as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 5 positions we hold weights for in JPMO and 2 in TSPY, against full books of 17 and 3.
Top Shared Holdings
| Stock | Weight in JPMO | Weight in TSPY | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 0.32% | 0.29% | 0.03% |
You are not choosing between two funds in isolation.
Whichever of JPMO and TSPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JPMO or TSPY?
JPMO has an expense ratio of 1.19% while TSPY charges 0.71%. TSPY is the cheaper option, by $48 a year on a $10,000 investment.
Which pays a higher dividend, JPMO or TSPY?
JPMO yields 33.55% while TSPY yields 15.20%, so JPMO currently pays the higher dividend yield.
Is TSPY better than JPMO?
TSPY has a lower expense ratio. JPMO led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.