CGCP vs. JEPI

Last updated Jun 9, 2026

CGCP (Capital Group Core Plus Income ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both exchange-traded funds - CGCP is a Intermediate Core-Plus Bond fund actively managed by Capital Group, while JEPI is a Dividend fund actively managed by JPMorgan. Both are actively managed. Over the past 3 years, CGCP returned 5.00%/yr vs 8.80%/yr for JEPI. At a 0.30 correlation, their price movements are largely independent. CGCP charges 0.34%/yr vs 0.35%/yr for JEPI.

Performance

CGCP vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Core Plus Income ETF (CGCP) 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, CGCP achieves a 0.02% return, which is significantly lower than JEPI's 0.04% return.

CGCP

• 1D: -0.05%
• 1M: -0.63%
• YTD: 0.02%
• 6M: 0.54%
• 1Y: 5.60%
• 3Y*: 5.00%
• 5Y*: —
• 10Y*: —

JEPI

• 1D: -0.31%
• 1M: -0.40%
• YTD: 0.04%
• 6M: 0.91%
• 1Y: 7.03%
• 3Y*: 8.80%
• 5Y*: 7.28%
• 10Y*: —

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

CGCP vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CGCP Capital Group Core Plus Income ETF	0.02%	7.35%	2.95%	7.17%	-9.78%
JEPI JPMorgan Equity Premium Income ETF	0.04%	8.09%	12.57%	9.83%	3.26%

Correlation

The correlation between CGCP and JEPI is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Feb 25, 2022	0.30

CGCP vs. JEPI - Sectors Allocation Comparison

Sectors	CGCP	JEPI
Real Estate	97.3%	3.5%
Energy	2.8%	3.5%
Basic Materials	-	1.9%
Communication Services	-	6.9%
Consumer Cyclical	-	11.7%
Consumer Defensive	-	9.6%
Financial Services	-	9.8%
Healthcare	-	14.1%
Industrials	-	13.8%
Technology	-	19.1%
Utilities	-	6.2%

Return for Risk

CGCP vs. JEPI — Risk / Return Rank

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

CGCP

CGCP Risk / Return Rank: 49
CGCP Sharpe Ratio Rank: 49
CGCP Sortino Ratio Rank: 52
CGCP Omega Ratio Rank: 48
CGCP Calmar Ratio Rank: 48
CGCP Martin Ratio Rank: 47

JEPI

JEPI Risk / Return Rank: 26
JEPI Sharpe Ratio Rank: 27
JEPI Sortino Ratio Rank: 27
JEPI Omega Ratio Rank: 27
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.

CGCP vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Plus Income ETF (CGCP) 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.

	CGCP	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	1.55	0.90	+0.65
Sortino ratio: Return per unit of downside risk	2.29	1.35	+0.94
Omega ratio: Gain probability vs. loss probability	1.28	1.17	+0.11
Calmar ratio: Return relative to maximum drawdown	2.17	1.06	+1.12
Martin ratio: Return relative to average drawdown	7.06	3.31	+3.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGCP vs. JEPI - Sharpe Ratio Comparison

The current CGCP Sharpe Ratio is 1.55, which is higher than the JEPI Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of CGCP 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

	CGCP	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	0.90	+0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	1.01	-0.76

Drawdowns

CGCP vs. JEPI - Drawdown Comparison

The maximum CGCP drawdown since its inception was -15.06%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for CGCP and JEPI.

Drawdown Indicators

	CGCP	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-15.06%	-13.71%	-1.35%
Max Drawdown (1Y) Largest decline over 1 year	-2.59%	-6.68%	+4.09%
Max Drawdown (3Y) Largest decline over 3 years	-5.37%	-13.26%	+7.89%
Max Drawdown (5Y) Largest decline over 5 years	—	-13.71%	—
Current Drawdown Current decline from peak	-1.47%	-4.93%	+3.46%
Average Drawdown Average peak-to-trough decline	-4.92%	-2.12%	-2.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.80%	2.13%	-1.33%

Volatility

CGCP vs. JEPI - Volatility Comparison

The current volatility for Capital Group Core Plus Income ETF (CGCP) is 1.28%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 1.48%. This indicates that CGCP experiences smaller price fluctuations and is considered to be less risky than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGCP	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.28%	1.48%	-0.20%
Volatility (6M) Calculated over the trailing 6-month period	2.75%	6.09%	-3.34%
Volatility (1Y) Calculated over the trailing 1-year period	3.64%	7.89%	-4.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.35%	11.06%	-4.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.35%	10.79%	-4.44%

CGCP vs. JEPI - Expense Ratio Comparison

CGCP has a 0.34% expense ratio, which is lower than JEPI's 0.35% expense ratio.

Dividends

CGCP vs. JEPI - Dividend Comparison

CGCP's dividend yield for the trailing twelve months is around 5.17%, less than JEPI's 8.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
CGCP Capital Group Core Plus Income ETF	5.17%	5.10%	5.17%	4.98%	2.96%	0.00%	0.00%
JEPI JPMorgan Equity Premium Income ETF	8.28%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%

Frequently Asked Questions

Can I hold both CGCP and JEPI in my portfolio?

CGCP and JEPI have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGCP or JEPI?

JEPI has higher volatility (1.48%) compared to CGCP (1.28%). In terms of maximum drawdown, CGCP dropped -15.06% vs JEPI's -13.71%.

Which ETF is better, CGCP or JEPI?

On 3-year performance, JEPI leads with 8.80% vs 5.00% for CGCP. On fees, CGCP is cheaper at 0.34% per year. On volatility, CGCP has been the lower-risk option at 1.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGCP or JEPI?

Over the 3-year period, JEPI has performed better with a 8.80% return vs 5.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGCP or JEPI?

CGCP is cheaper with a 0.34% expense ratio, compared with 0.35% for JEPI.

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

JEPI has the higher dividend yield at 8.28%, compared with 5.17% for CGCP.

What is the main difference between CGCP and JEPI?

CGCP is categorized as Intermediate Core-Plus Bond, while JEPI is Dividend. They also come from different issuers: Capital Group and JPMorgan. Their fees differ too: 0.34% for CGCP and 0.35% for JEPI.

Which has better risk-adjusted returns?

CGCP currently has the higher Sharpe Ratio (1.55 vs 0.90), 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.