BBUS vs. JEPI

Last updated Jun 4, 2026

BBUS (JP Morgan Betabuilders U.S. Equity ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both exchange-traded funds - BBUS is a Large Cap Growth Equities fund tracking the Morningstar US Target Market Exposure Index, while JEPI is a Dividend fund actively managed by JPMorgan. BBUS is passively managed, while JEPI is actively managed. Over the past 5 years, BBUS returned 13.43%/yr vs 7.26%/yr for JEPI. A 0.78 correlation means they provide meaningful diversification when combined. BBUS charges 0.02%/yr vs 0.35%/yr for JEPI.

Performance

BBUS vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JP Morgan Betabuilders U.S. Equity ETF (BBUS) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBUS achieves a 10.60% return, which is significantly higher than JEPI's 0.15% return.

BBUS

• 1D: -0.74%
• 1M: 5.12%
• YTD: 10.60%
• 6M: 10.47%
• 1Y: 27.47%
• 3Y*: 22.46%
• 5Y*: 13.43%
• 10Y*: —

JEPI

• 1D: 0.14%
• 1M: -1.54%
• YTD: 0.15%
• 6M: 0.47%
• 1Y: 7.70%
• 3Y*: 8.88%
• 5Y*: 7.26%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBUS vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BBUS JP Morgan Betabuilders U.S. Equity ETF	10.60%	17.77%	24.89%	27.20%	-19.46%	27.13%	30.54%
JEPI JPMorgan Equity Premium Income ETF	0.15%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.61%

Correlation

The correlation between BBUS and JEPI is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (All Time) Calculated using the full available price history since May 22, 2020	0.78

The correlation between BBUS and JEPI shifts across timeframes, from 0.61 (1 year) to 0.78 (all time), reflecting how their relationship changes across market environments.

BBUS vs. JEPI - Sectors Allocation Comparison

Sectors	BBUS	JEPI
Technology	37.1%	19.1%
Financial Services	10.8%	9.8%
Communication Services	10.8%	6.9%
Consumer Cyclical	9.4%	11.7%
Healthcare	8.1%	14.1%
Industrials	7.2%	13.8%
Consumer Defensive	4.5%	9.6%
Energy	3.2%	3.5%
Utilities	2.6%	6.2%
Real Estate	1.7%	3.5%
Basic Materials	1.2%	1.9%

Return for Risk

BBUS vs. JEPI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBUS

BBUS Risk / Return Rank: 68
BBUS Sharpe Ratio Rank: 70
BBUS Sortino Ratio Rank: 68
BBUS Omega Ratio Rank: 68
BBUS Calmar Ratio Rank: 60
BBUS Martin Ratio Rank: 72

JEPI

JEPI Risk / Return Rank: 26
JEPI Sharpe Ratio Rank: 27
JEPI Sortino Ratio Rank: 26
JEPI Omega Ratio Rank: 26
JEPI Calmar Ratio Rank: 24
JEPI Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBUS vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JP Morgan Betabuilders U.S. Equity ETF (BBUS) and JPMorgan Equity Premium Income ETF (JEPI). 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.

	BBUS	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	2.33	0.99	+1.34
Sortino ratio: Return per unit of downside risk	3.18	1.47	+1.71
Omega ratio: Gain probability vs. loss probability	1.42	1.18	+0.24
Calmar ratio: Return relative to maximum drawdown	3.00	1.16	+1.84
Martin ratio: Return relative to average drawdown	13.76	3.73	+10.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBUS vs. JEPI - Sharpe Ratio Comparison

The current BBUS Sharpe Ratio is 2.33, which is higher than the JEPI Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of BBUS and JEPI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBUS	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	0.99	+1.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.66	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	1.01	-0.17

Drawdowns

BBUS vs. JEPI - Drawdown Comparison

The maximum BBUS drawdown since its inception was -35.35%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for BBUS and JEPI.

Drawdown Indicators

	BBUS	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-35.35%	-13.71%	-21.64%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-6.68%	-2.53%
Max Drawdown (3Y) Largest decline over 3 years	-19.01%	-13.26%	-5.75%
Max Drawdown (5Y) Largest decline over 5 years	-25.46%	-13.71%	-11.75%
Current Drawdown Current decline from peak	-0.74%	-4.83%	+4.09%
Average Drawdown Average peak-to-trough decline	-5.46%	-2.12%	-3.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	2.07%	-0.07%

Volatility

BBUS vs. JEPI - Volatility Comparison

JP Morgan Betabuilders U.S. Equity ETF (BBUS) has a higher volatility of 2.88% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.35%. This indicates that BBUS's price experiences larger fluctuations and is considered to be riskier than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBUS	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	1.35%	+1.53%
Volatility (6M) Calculated over the trailing 6-month period	8.96%	6.07%	+2.89%
Volatility (1Y) Calculated over the trailing 1-year period	11.87%	7.85%	+4.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.03%	11.06%	+5.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.59%	10.80%	+8.79%

BBUS vs. JEPI - Expense Ratio Comparison

BBUS has a 0.02% expense ratio, which is lower than JEPI's 0.35% expense ratio.

Dividends

BBUS vs. JEPI - Dividend Comparison

BBUS's dividend yield for the trailing twelve months is around 0.98%, less than JEPI's 8.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBUS JP Morgan Betabuilders U.S. Equity ETF	0.98%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%
JEPI JPMorgan Equity Premium Income ETF	8.27%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%	0.00%

Frequently Asked Questions

Can I hold both BBUS and JEPI in my portfolio?

BBUS and JEPI have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBUS or JEPI?

BBUS has higher volatility (2.88%) compared to JEPI (1.35%). In terms of maximum drawdown, BBUS dropped -35.35% vs JEPI's -13.71%.

Which ETF is better, BBUS or JEPI?

On 5-year performance, BBUS leads with 13.43% vs 7.26% for JEPI. On fees, BBUS is cheaper at 0.02% per year. On volatility, JEPI has been the lower-risk option at 1.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBUS or JEPI?

Over the 5-year period, BBUS has performed better with a 13.43% return vs 7.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBUS or JEPI?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.35% for JEPI.

Which ETF pays a higher dividend yield, BBUS or JEPI?

JEPI has the higher dividend yield at 8.27%, compared with 0.98% for BBUS.

What is the main difference between BBUS and JEPI?

BBUS is categorized as Large Cap Growth Equities, while JEPI is Dividend. Their fees differ too: 0.02% for BBUS and 0.35% for JEPI.

Which has better risk-adjusted returns?

BBUS currently has the higher Sharpe Ratio (2.33 vs 0.99), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.