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JPMorgan Equity Premium Income ETF (JEPI)

ETF · Currency in USD · Last updated May 27, 2023

JPMorgan Equity Premium Income ETF (JEPI) is an actively managed exchange-traded fund (ETF) that aims to provide investors with high current income and the potential for capital appreciation. The fund invests in a diversified portfolio of stocks that are selected based on their potential to generate income through monthly dividends and other distributions.

JEPI focuses on high-quality, blue-chip companies with a history of stable earnings and dividends. The fund typically invests in large and mid-cap stocks across various sectors, including financials, healthcare, consumer staples, and technology.

JEPI is managed by JPMorgan Asset Management, one of the largest asset managers in the world. The fund has an expense ratio of 0.35%, higher than many passively managed ETFs.

ETF Info

ISINUS46641Q3323
CUSIP46641Q332
IssuerJPMorgan Chase
Inception DateMay 20, 2020
RegionNorth America (U.S.)
CategoryLarge Cap Blend Equities, Actively Managed, Dividend
Index TrackedNo Index (Active)
ETF Home Pageam.jpmorgan.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

The JPMorgan Equity Premium Income ETF has a high expense ratio of 0.35%, indicating higher-than-average management fees.


0.35%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in JPMorgan Equity Premium Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-4.00%-2.00%0.00%2.00%4.00%6.00%December2023FebruaryMarchAprilMay
1.62%
6.09%
JEPI (JPMorgan Equity Premium Income ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with JEPI

Return

JPMorgan Equity Premium Income ETF had a return of 2.55% year-to-date (YTD) and 3.57% in the last 12 months. Over the past 10 years, JPMorgan Equity Premium Income ETF had an annualized return of 12.52%, while the S&P 500 benchmark had an annualized return of 12.51%, indicating that JPMorgan Equity Premium Income ETF performed slightly bigger than the benchmark.


PeriodReturnBenchmark
1 month-1.55%1.70%
Year-To-Date2.55%9.53%
6 months0.99%4.45%
1 year3.57%1.14%
5 years (annualized)12.52%12.51%
10 years (annualized)12.52%12.51%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.80%-2.25%2.29%3.09%
20227.53%5.22%-1.96%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income ETF (JEPI) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
JEPI
JPMorgan Equity Premium Income ETF
0.46
^GSPC
S&P 500
0.27

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current JPMorgan Equity Premium Income ETF Sharpe ratio is 0.46. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.50December2023FebruaryMarchAprilMay
0.46
0.27
JEPI (JPMorgan Equity Premium Income ETF)
Benchmark (^GSPC)

Dividend History

JPMorgan Equity Premium Income ETF granted a 14.94% dividend yield in the last twelve months. The annual payout for that period amounted to $8.09 per share.


PeriodTTM202220212020
Dividend$8.09$6.36$4.16$3.23

Dividend yield

14.94%12.05%7.61%7.18%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.44$0.41$0.45
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
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
2020$0.49$0.29$0.45$0.43$0.52$1.04

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%December2023FebruaryMarchAprilMay
-2.27%
-12.32%
JEPI (JPMorgan Equity Premium Income ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the JPMorgan Equity Premium Income ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the JPMorgan Equity Premium Income ETF is 13.71%, recorded on Sep 30, 2022. It took 144 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.71%Apr 21, 2022113Sep 30, 2022144Apr 28, 2023257
-7.11%Jan 3, 202236Feb 23, 202232Apr 8, 202268
-4.52%Sep 3, 202119Sep 30, 202118Oct 26, 202137
-4.15%Oct 13, 202014Oct 30, 20203Nov 4, 202017
-3.58%Sep 3, 202014Sep 23, 202010Oct 7, 202024

Volatility Chart

The current JPMorgan Equity Premium Income ETF volatility is 2.46%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%December2023FebruaryMarchAprilMay
2.46%
3.82%
JEPI (JPMorgan Equity Premium Income ETF)
Benchmark (^GSPC)