AAPI.L vs. JEPE.L
AAPI.L (IncomeShares Apple (AAPL) Options ETP GBP) and JEPE.L (JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist)) are both Derivative Income funds. Both are actively managed. At a 0.37 correlation, their price movements are largely independent. AAPI.L charges 0.55%/yr vs 0.35%/yr for JEPE.L.
Performance
AAPI.L vs. JEPE.L - Performance Comparison
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Different Trading Currencies
AAPI.L is traded in GBp, while JEPE.L is traded in EUR. To make them comparable, the JEPE.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
AAPI.L
- 1D
- -0.34%
- 1M
- 9.04%
- YTD
- 4.07%
- 6M
- 1.51%
- 1Y
- 19.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JEPE.L
- 1D
- 0.32%
- 1M
- 3.34%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AAPI.L vs. JEPE.L - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
AAPI.L IncomeShares Apple (AAPL) Options ETP GBP | 12.24% |
JEPE.L JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist) | -0.78% |
Correlation
The correlation between AAPI.L and JEPE.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 23, 2026 | 0.37 |
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Return for Risk
AAPI.L vs. JEPE.L — Risk / Return Rank
AAPI.L
JEPE.L
AAPI.L vs. JEPE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares Apple (AAPL) Options ETP GBP (AAPI.L) and JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist) (JEPE.L). 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.
| AAPI.L | JEPE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.19 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | — | — |
| Martin ratioReturn relative to average drawdown | 2.36 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAPI.L | JEPE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | -0.17 | +0.40 |
Drawdowns
AAPI.L vs. JEPE.L - Drawdown Comparison
The maximum AAPI.L drawdown since its inception was -31.31%, which is greater than JEPE.L's maximum drawdown of -9.52%. Use the drawdown chart below to compare losses from any high point for AAPI.L and JEPE.L.
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Drawdown Indicators
| AAPI.L | JEPE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.31% | -9.52% | -21.79% |
Max Drawdown (1Y)Largest decline over 1 year | -18.90% | — | — |
Current DrawdownCurrent decline from peak | -10.13% | -0.97% | -9.16% |
Average DrawdownAverage peak-to-trough decline | -14.68% | -3.89% | -10.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.29% | — | — |
Volatility
AAPI.L vs. JEPE.L - Volatility Comparison
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Volatility by Period
| AAPI.L | JEPE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.51% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 14.01% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.85% | 15.30% | +4.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.79% | 15.30% | +8.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.79% | 15.30% | +8.49% |
AAPI.L vs. JEPE.L - Expense Ratio Comparison
AAPI.L has a 0.55% expense ratio, which is higher than JEPE.L's 0.35% expense ratio.
Dividends
AAPI.L vs. JEPE.L - Dividend Comparison
AAPI.L's dividend yield for the trailing twelve months is around 11.05%, more than JEPE.L's 2.30% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AAPI.L IncomeShares Apple (AAPL) Options ETP GBP | 11.05% | 11.04% | 1.04% |
JEPE.L JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist) | 2.30% | 0.00% | 0.00% |
Frequently Asked Questions
AAPI.L and JEPE.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEPE.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEPE.L is cheaper with a 0.35% expense ratio, compared with 0.55% for AAPI.L.
They also come from different issuers: Leverage Shares and JPMorgan. Their fees differ too: 0.55% for AAPI.L and 0.35% for JEPE.L.
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