BSTZ vs. JEPI

Last updated Jul 14, 2026

BSTZ (BlackRock Science and Technology Term Trust) is a stock, while JEPI (JPMorgan Equity Premium Income ETF) is Dividend fund actively managed by JPMorgan. Over the past 5 years, BSTZ returned 3.42%/yr vs 7.38%/yr for JEPI. At a 0.46 correlation, their price movements are largely independent.

Performance

BSTZ vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Science and Technology Term Trust (BSTZ) 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, BSTZ achieves a 33.75% return, which is significantly higher than JEPI's 3.30% return.

BSTZ

• 1D: -1.36%
• 1M: -4.93%
• 6M: 33.34%
• YTD: 33.75%
• 1Y: 57.56%
• 3Y*: 29.17%
• 5Y*: 3.42%
• 10Y*: —

JEPI

• 1D: 0.00%
• 1M: 1.98%
• 6M: 1.42%
• YTD: 3.30%
• 1Y: 8.32%
• 3Y*: 9.14%
• 5Y*: 7.38%
• 10Y*: —

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

BSTZ vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BSTZ BlackRock Science and Technology Term Trust	33.75%	25.06%	37.49%	18.72%	-55.34%	12.71%	79.25%
JEPI JPMorgan Equity Premium Income ETF	3.30%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.39%

Correlation

The correlation between BSTZ and JEPI is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.46

Over the past year, the correlation between BSTZ and JEPI has dropped to 0.21 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.

Return for Risk

BSTZ vs. JEPI — Risk / Return Rank

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

BSTZ

BSTZ Risk / Return Rank: 93
BSTZ Sharpe Ratio Rank: 93
BSTZ Sortino Ratio Rank: 89
BSTZ Omega Ratio Rank: 90
BSTZ Calmar Ratio Rank: 95
BSTZ Martin Ratio Rank: 96

JEPI

JEPI Risk / Return Rank: 34
JEPI Sharpe Ratio Rank: 36
JEPI Sortino Ratio Rank: 36
JEPI Omega Ratio Rank: 35
JEPI Calmar Ratio Rank: 31
JEPI Martin Ratio Rank: 31

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.

BSTZ vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Science and Technology Term Trust (BSTZ) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BSTZ	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	2.20	1.04	+1.16
Sortino ratio: Return per unit of downside risk	2.76	1.55	+1.21
Omega ratio: Gain probability vs. loss probability	1.37	1.19	+0.17
Calmar ratio: Return relative to maximum drawdown	5.66	1.25	+4.41
Martin ratio: Return relative to average drawdown	16.21	3.57	+12.64

BSTZ vs. JEPI - Sharpe Ratio Comparison

The current BSTZ Sharpe Ratio is 2.20, which is higher than the JEPI Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of BSTZ 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.

Drawdowns

BSTZ vs. JEPI - Drawdown Comparison

The maximum BSTZ drawdown since its inception was -60.51%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for BSTZ and JEPI.

Drawdown Indicators

	BSTZ	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-60.51%	-13.71%	-46.80%
Max Drawdown (1Y) Largest decline over 1 year	-10.23%	-6.68%	-3.55%
Max Drawdown (3Y) Largest decline over 3 years	-25.31%	-13.26%	-12.05%
Max Drawdown (5Y) Largest decline over 5 years	-60.51%	-13.71%	-46.80%
Current Drawdown Current decline from peak	-8.24%	-1.84%	-6.40%
Average Drawdown Average peak-to-trough decline	-27.23%	-2.13%	-25.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	2.34%	+1.22%

Volatility

BSTZ vs. JEPI - Volatility Comparison

BlackRock Science and Technology Term Trust (BSTZ) has a higher volatility of 12.52% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.10%. This indicates that BSTZ'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

	BSTZ	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.52%	2.10%	+10.42%
Volatility (6M) Calculated over the trailing 6-month period	22.97%	6.31%	+16.66%
Volatility (1Y) Calculated over the trailing 1-year period	26.32%	8.03%	+18.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.07%	11.09%	+16.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.39%	10.75%	+19.64%

Dividends

BSTZ vs. JEPI - Dividend Comparison

BSTZ's dividend yield for the trailing twelve months is around 8.49%, more than JEPI's 8.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BSTZ BlackRock Science and Technology Term Trust	8.49%	12.46%	9.75%	10.90%	14.73%	5.14%	3.42%	2.44%
JEPI JPMorgan Equity Premium Income ETF	8.05%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%	0.00%

Frequently Asked Questions

Can I hold both BSTZ and JEPI in my portfolio?

BSTZ and JEPI have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSTZ or JEPI?

BSTZ has higher volatility (12.52%) compared to JEPI (2.10%). In terms of maximum drawdown, BSTZ dropped -60.51% vs JEPI's -13.71%.

Which has better risk-adjusted returns?

BSTZ currently has the higher Sharpe Ratio (2.20 vs 1.04), 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.