DIV vs. JEPI

Last updated Jun 23, 2026

DIV (Global X SuperDividend U.S. ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both exchange-traded funds - DIV is a Mid Cap Value Equities fund tracking the Indxx SuperDividend® U.S. Low Volatility Index, while JEPI is a Dividend fund actively managed by JPMorgan. DIV is passively managed, while JEPI is actively managed. Over the past 5 years, DIV returned 5.27%/yr vs 7.51%/yr for JEPI. A 0.66 correlation means they provide meaningful diversification when combined. DIV charges 0.45%/yr vs 0.35%/yr for JEPI.

Performance

DIV vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X SuperDividend U.S. ETF (DIV) 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, DIV achieves a 11.37% return, which is significantly higher than JEPI's 1.34% return.

DIV

• 1D: 0.37%
• 1M: -3.42%
• YTD: 11.37%
• 6M: 11.46%
• 1Y: 13.92%
• 3Y*: 12.17%
• 5Y*: 5.27%
• 10Y*: 3.96%

JEPI

• 1D: -0.05%
• 1M: 0.23%
• YTD: 1.34%
• 6M: 1.18%
• 1Y: 8.97%
• 3Y*: 9.13%
• 5Y*: 7.51%
• 10Y*: —

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

DIV vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DIV Global X SuperDividend U.S. ETF	11.37%	3.10%	11.27%	-1.73%	-3.92%	30.60%	19.71%
JEPI JPMorgan Equity Premium Income ETF	1.34%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.39%

Correlation

The correlation between DIV and JEPI is 0.55, 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	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.66

The correlation between DIV and JEPI shifts across timeframes, from 0.55 (1 year) to 0.69 (5 years), reflecting how their relationship changes across market environments.

DIV vs. JEPI - Sectors Allocation Comparison

Sectors	DIV	JEPI
Energy	23.2%	2.5%
Real Estate	20.1%	2.7%
Industrials	11.9%	9.7%
Utilities	11.7%	4.7%
Consumer Defensive	10.8%	7.8%
Communication Services	6.5%	6.3%
Basic Materials	4.3%	1.7%
Financial Services	3.8%	7.2%
Consumer Cyclical	3.7%	10.0%
Healthcare	3.4%	11.6%
Technology	-	15.3%

Return for Risk

DIV vs. JEPI — Risk / Return Rank

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

DIV

DIV Risk / Return Rank: 42
DIV Sharpe Ratio Rank: 38
DIV Sortino Ratio Rank: 38
DIV Omega Ratio Rank: 35
DIV Calmar Ratio Rank: 56
DIV Martin Ratio Rank: 45

JEPI

JEPI Risk / Return Rank: 30
JEPI Sharpe Ratio Rank: 32
JEPI Sortino Ratio Rank: 32
JEPI Omega Ratio Rank: 31
JEPI Calmar Ratio Rank: 28
JEPI Martin Ratio Rank: 30

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.

DIV vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X SuperDividend U.S. ETF (DIV) 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.

	DIV	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.12	+0.21
Sortino ratio: Return per unit of downside risk	1.91	1.66	+0.25
Omega ratio: Gain probability vs. loss probability	1.23	1.21	+0.02
Calmar ratio: Return relative to maximum drawdown	2.67	1.35	+1.33
Martin ratio: Return relative to average drawdown	7.27	4.00	+3.26

DIV vs. JEPI - Sharpe Ratio Comparison

The current DIV Sharpe Ratio is 1.33, which is comparable to the JEPI Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of DIV 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

DIV vs. JEPI - Drawdown Comparison

The maximum DIV drawdown since its inception was -52.74%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for DIV and JEPI.

Drawdown Indicators

	DIV	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-52.74%	-13.71%	-39.03%
Max Drawdown (1Y) Largest decline over 1 year	-5.23%	-6.68%	+1.45%
Max Drawdown (3Y) Largest decline over 3 years	-12.33%	-13.26%	+0.93%
Max Drawdown (5Y) Largest decline over 5 years	-21.14%	-13.71%	-7.43%
Max Drawdown (10Y) Largest decline over 10 years	-52.74%	—	—
Current Drawdown Current decline from peak	-3.42%	-3.69%	+0.27%
Average Drawdown Average peak-to-trough decline	-7.01%	-2.13%	-4.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	2.24%	-0.32%

Volatility

DIV vs. JEPI - Volatility Comparison

Global X SuperDividend U.S. ETF (DIV) has a higher volatility of 3.13% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.35%. This indicates that DIV'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

	DIV	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.13%	2.35%	+0.78%
Volatility (6M) Calculated over the trailing 6-month period	7.35%	6.28%	+1.07%
Volatility (1Y) Calculated over the trailing 1-year period	10.52%	8.04%	+2.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.67%	11.08%	+2.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.00%	10.79%	+7.21%

DIV vs. JEPI - Expense Ratio Comparison

DIV has a 0.45% expense ratio, which is higher than JEPI's 0.35% expense ratio.

Dividends

DIV vs. JEPI - Dividend Comparison

DIV's dividend yield for the trailing twelve months is around 6.89%, less than JEPI's 8.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIV Global X SuperDividend U.S. ETF	6.89%	7.30%	5.74%	7.13%	6.62%	5.24%	8.01%	7.65%	7.08%	5.92%	6.78%	8.44%
JEPI JPMorgan Equity Premium Income ETF	8.17%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIV and JEPI in my portfolio?

DIV and JEPI have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIV or JEPI?

DIV has higher volatility (3.13%) compared to JEPI (2.35%). In terms of maximum drawdown, DIV dropped -52.74% vs JEPI's -13.71%.

Which ETF is better, DIV or JEPI?

On 5-year performance, JEPI leads with 7.51% vs 5.27% for DIV. On fees, JEPI is cheaper at 0.35% per year. On volatility, JEPI has been the lower-risk option at 2.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIV or JEPI?

Over the 5-year period, JEPI has performed better with a 7.51% return vs 5.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIV or JEPI?

JEPI is cheaper with a 0.35% expense ratio, compared with 0.45% for DIV.

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

JEPI has the higher dividend yield at 8.17%, compared with 6.89% for DIV.

What is the main difference between DIV and JEPI?

DIV is categorized as Mid Cap Value Equities, while JEPI is Dividend. They also come from different issuers: Global X and JPMorgan. Their fees differ too: 0.45% for DIV and 0.35% for JEPI.

Which has better risk-adjusted returns?

DIV currently has the higher Sharpe Ratio (1.33 vs 1.12), 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.