- ISIN
- US46641Q3323
- CUSIP
- 46641Q332
- Issuer
- JPMorgan
- Inception Date
- May 20, 2020
- Region
- North America (U.S.)
- Category
- Dividend, Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $44B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
JEPI Performance Chart
JPMorgan Equity Premium Income ETF (JEPI) is up 0.4% since the beginning of the year. JEPI is currently trading at $56 per share. Investors who bought $1,000 worth of JEPI shares 5 years ago would now be looking at an investment worth $1,422.
Loading charts...
Returns By Period
JPMorgan Equity Premium Income ETF (JEPI) has returned 0.35% so far this year and 7.36% over the past 12 months.
JPMorgan Equity Premium Income ETF
- 1D
- -0.34%
- 1M
- -0.09%
- YTD
- 0.35%
- 6M
- 0.76%
- 1Y
- 7.36%
- 3Y*
- 9.00%
- 5Y*
- 7.30%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- -0.21%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 23.05%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
JEPI Monthly Returns History
Based on dividend-adjusted daily data since May 21, 2020, JEPI's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, an investment would double in approximately 6.5 years.
Historically, 65% of months were positive and 35% were negative. The best month was Oct 2022 with a return of +7.5%, while the worst month was Sep 2022 at -6.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, JEPI closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +7.2%, while the worst single day was Apr 4, 2025 at -5.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.31% | 2.86% | -4.79% | 2.36% | -1.93% | -0.24% | 0.35% | ||||||
| 2025 | 2.50% | 1.31% | -3.29% | -2.01% | 1.79% | 2.34% | 0.05% | 1.83% | 0.56% | 0.25% | 2.43% | 0.22% | 8.09% |
| 2024 | 1.78% | 2.35% | 2.10% | -2.76% | 2.21% | 0.37% | 2.01% | 2.87% | 1.85% | -0.72% | 4.31% | -4.14% | 12.57% |
| 2023 | 1.80% | -2.25% | 2.29% | 2.30% | -1.74% | 3.12% | 1.65% | 0.00% | -3.06% | -1.08% | 4.69% | 2.00% | 9.83% |
| 2022 | -3.48% | -1.23% | 3.37% | -3.67% | -0.07% | -3.65% | 4.74% | -2.94% | -6.35% | 7.53% | 5.22% | -1.96% | -3.49% |
| 2021 | -1.60% | 0.68% | 6.35% | 2.59% | 1.76% | 1.60% | 2.57% | 1.74% | -4.15% | 4.58% | -1.69% | 5.75% | 21.52% |
Benchmark Metrics
JPMorgan Equity Premium Income ETF has an annualized alpha of 1.76%, beta of 0.55, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since May 22, 2020.
- This ETF participated in 61.19% of S&P 500 Index downside but only 56.03% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.55 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.76%
- Beta
- 0.55
- R²
- 0.75
- Upside Capture
- 56.03%
- Downside Capture
- 61.19%
Expense Ratio
JEPI has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
JEPI ranks 29 for risk / return — below 29% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for JPMorgan Equity Premium Income ETF (JEPI) and compare them to S&P 500 Index.
| JEPI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.36 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.18 | 2.69 | -1.50 |
| Martin ratioReturn relative to average drawdown | 3.74 | 12.34 | -8.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
JPMorgan Equity Premium Income ETF provided a 8.26% dividend yield over the last twelve months, with an annual payout of $4.58 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $4.58 | $4.72 | $4.22 | $4.62 | $6.36 | $4.16 | $3.23 |
Dividend yield | 8.26% | 8.25% | 7.33% | 8.40% | 11.68% | 6.59% | 5.79% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan Equity Premium Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.34 | $0.35 | $0.42 | $0.45 | $0.39 | $1.95 | ||||||
| 2025 | $0.00 | $0.33 | $0.33 | $0.41 | $0.49 | $0.54 | $0.40 | $0.36 | $0.37 | $0.36 | $0.35 | $0.80 | $4.72 |
| 2024 | $0.00 | $0.30 | $0.30 | $0.35 | $0.33 | $0.36 | $0.33 | $0.29 | $0.40 | $0.39 | $0.38 | $0.80 | $4.22 |
| 2023 | $0.00 | $0.44 | $0.41 | $0.45 | $0.42 | $0.37 | $0.36 | $0.29 | $0.34 | $0.36 | $0.36 | $0.82 | $4.62 |
| 2022 | $0.00 | $0.38 | $0.46 | $0.59 | $0.47 | $0.52 | $0.62 | $0.50 | $0.56 | $0.48 | $0.61 | $1.18 | $6.36 |
| 2021 | $0.00 | $0.26 | $0.32 | $0.35 | $0.37 | $0.31 | $0.40 | $0.26 | $0.34 | $0.34 | $0.37 | $0.84 | $4.16 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan Equity Premium Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JPMorgan Equity Premium Income ETF was 13.71%, occurring on Sep 30, 2022. Recovery took 177 trading sessions.
The current JPMorgan Equity Premium Income ETF drawdown is 4.64%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -13.71%Sep 2022 | 5mo 12d | 8mo 18d | 1y 1moApr 2022 - Jun 2023 |
2025 selloff2025 | -13.26%Apr 2025 | 1mo 16d | 4mo 16d | 6mo 2dFeb 2025 - Aug 2025 |
Bear market2022 | -7.11%Feb 2022 | 1mo 21d | 1mo 14d | 3mo 5dJan 2022 - Apr 2022 |
2023 pullback2023 | -6.71%Oct 2023 | 1mo 12d | 1mo 5d | 2mo 17dSep 2023 - Dec 2023 |
2026 pullback2026 | -6.68%Mar 2026 | 25d | — | 3mo 8dMar 2026 - now |
Drawdown Indicators
| JEPI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.71% | -56.78% | +43.07% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -9.10% | +2.42% |
Max Drawdown (3Y)Largest decline over 3 years | -13.26% | -18.90% | +5.64% |
Max Drawdown (5Y)Largest decline over 5 years | -13.71% | -25.43% | +11.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -4.64% | -2.97% | -1.67% |
Average DrawdownAverage peak-to-trough decline | -2.12% | -10.72% | +8.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 1.97% | +0.14% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with JEPI
Add JPMorgan Equity Premium Income ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with JEPI