BIGY vs. JEPI

Last updated Jun 4, 2026

BIGY ( YieldMax Target 12™ Big 50 Option Income ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both exchange-traded funds - BIGY is a Derivative Income fund actively managed by YieldMax, while JEPI is a Dividend fund actively managed by JPMorgan. Both are actively managed. Over the past year, BIGY returned 25.59% vs 7.70% for JEPI. A 0.59 correlation means they provide meaningful diversification when combined. BIGY charges 0.99%/yr vs 0.35%/yr for JEPI.

Performance

BIGY vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Target 12™ Big 50 Option Income ETF (BIGY) 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, BIGY achieves a 6.66% return, which is significantly higher than JEPI's 0.15% return.

BIGY

• 1D: -0.54%
• 1M: 4.24%
• YTD: 6.66%
• 6M: 6.71%
• 1Y: 25.59%
• 3Y*: —
• 5Y*: —
• 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)

BIGY vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BIGY YieldMax Target 12™ Big 50 Option Income ETF	6.66%	19.14%	0.22%
JEPI JPMorgan Equity Premium Income ETF	0.15%	8.09%	-2.67%

Correlation

The correlation between BIGY and JEPI is 0.52, 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	0.52
Correlation (All Time) Calculated using the full available price history since Nov 22, 2024	0.59

The correlation between BIGY and JEPI has been stable across timeframes, ranging from 0.52 to 0.59 - a consistent structural relationship.

BIGY vs. JEPI - Sectors Allocation Comparison

Sectors	BIGY	JEPI
Technology	34.5%	19.1%
Communication Services	12.1%	6.9%
Financial Services	11.8%	9.8%
Consumer Defensive	11.4%	9.6%
Healthcare	10.8%	14.1%
Consumer Cyclical	10.2%	11.7%
Energy	4.5%	3.5%
Industrials	4.4%	13.8%
Basic Materials	-	1.9%
Real Estate	-	3.5%
Utilities	-	6.2%

Return for Risk

BIGY vs. JEPI — Risk / Return Rank

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

BIGY

BIGY Risk / Return Rank: 69
BIGY Sharpe Ratio Rank: 73
BIGY Sortino Ratio Rank: 71
BIGY Omega Ratio Rank: 73
BIGY Calmar Ratio Rank: 61
BIGY Martin Ratio Rank: 65

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.

BIGY vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Target 12™ Big 50 Option Income ETF (BIGY) 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.

	BIGY	JEPI	Difference
Sharpe ratio Return per unit of total volatility	2.41	0.99	+1.43
Sortino ratio Return per unit of downside risk	3.30	1.47	+1.83
Omega ratio Gain probability vs. loss probability	1.44	1.18	+0.26
Calmar ratio Return relative to maximum drawdown	3.08	1.16	+1.92
Martin ratio Return relative to average drawdown	12.09	3.73	+8.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BIGY vs. JEPI - Sharpe Ratio Comparison

The current BIGY Sharpe Ratio is 2.41, which is higher than the JEPI Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of BIGY 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

	BIGY	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.41	0.99	+1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	1.01	+0.03

Drawdowns

BIGY vs. JEPI - Drawdown Comparison

The maximum BIGY drawdown since its inception was -18.93%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for BIGY and JEPI.

Drawdown Indicators

	BIGY	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-18.93%	-13.71%	-5.22%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	-6.68%	-1.66%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.71%	—
Current Drawdown Current decline from peak	-0.54%	-4.83%	+4.29%
Average Drawdown Average peak-to-trough decline	-2.56%	-2.12%	-0.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.12%	2.07%	+0.05%

Volatility

BIGY vs. JEPI - Volatility Comparison

YieldMax Target 12™ Big 50 Option Income ETF (BIGY) has a higher volatility of 2.38% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.35%. This indicates that BIGY'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

	BIGY	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.38%	1.35%	+1.03%
Volatility (6M) Calculated over the trailing 6-month period	7.72%	6.07%	+1.65%
Volatility (1Y) Calculated over the trailing 1-year period	10.67%	7.85%	+2.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.78%	11.06%	+5.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.78%	10.80%	+5.98%

BIGY vs. JEPI - Expense Ratio Comparison

BIGY has a 0.99% expense ratio, which is higher than JEPI's 0.35% expense ratio.

Dividends

BIGY vs. JEPI - Dividend Comparison

BIGY's dividend yield for the trailing twelve months is around 12.60%, more than JEPI's 8.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BIGY YieldMax Target 12™ Big 50 Option Income ETF	12.60%	12.49%	0.00%	0.00%	0.00%	0.00%	0.00%
JEPI JPMorgan Equity Premium Income ETF	8.27%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%

Frequently Asked Questions

Can I hold both BIGY and JEPI in my portfolio?

BIGY and JEPI have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BIGY or JEPI?

BIGY has higher volatility (2.38%) compared to JEPI (1.35%). In terms of maximum drawdown, BIGY dropped -18.93% vs JEPI's -13.71%.

Which ETF is better, BIGY or JEPI?

On 1-year performance, BIGY leads with 25.59% vs 7.70% for JEPI. On fees, JEPI is cheaper at 0.35% 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, BIGY or JEPI?

Over the 1-year period, BIGY has performed better with a 25.59% return vs 7.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BIGY or JEPI?

JEPI is cheaper with a 0.35% expense ratio, compared with 0.99% for BIGY.

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

BIGY has the higher dividend yield at 12.60%, compared with 8.27% for JEPI.

What is the main difference between BIGY and JEPI?

BIGY is categorized as Derivative Income, while JEPI is Dividend. They also come from different issuers: YieldMax and JPMorgan. Their fees differ too: 0.99% for BIGY and 0.35% for JEPI.

Which has better risk-adjusted returns?

BIGY currently has the higher Sharpe Ratio (2.41 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.