EQTIX vs. JEPI

Last updated Jun 23, 2026

EQTIX (Shelton Equity Income Fund) and JEPI (JPMorgan Equity Premium Income ETF) are both funds - EQTIX is a Derivative Income fund managed by Shelton Capital Management, while JEPI is a Dividend fund actively managed by JPMorgan. Over the past 5 years, EQTIX returned 9.62%/yr vs 7.51%/yr for JEPI. Their correlation of 0.82 suggests significant overlap in exposure. EQTIX charges 0.72%/yr vs 0.35%/yr for JEPI.

Performance

EQTIX vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shelton Equity Income Fund (EQTIX) 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, EQTIX achieves a 8.58% return, which is significantly higher than JEPI's 1.34% return.

EQTIX

• 1D: 0.71%
• 1M: 1.49%
• YTD: 8.58%
• 6M: 8.20%
• 1Y: 18.32%
• 3Y*: 14.12%
• 5Y*: 9.62%
• 10Y*: 9.72%

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)

EQTIX vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
EQTIX Shelton Equity Income Fund	8.58%	8.84%	17.18%	17.17%	-10.28%	23.76%	17.94%
JEPI JPMorgan Equity Premium Income ETF	1.34%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.39%

Correlation

The correlation between EQTIX and JEPI is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.82

The correlation between EQTIX and JEPI shifts across timeframes, from 0.71 (1 year) to 0.83 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

EQTIX vs. JEPI — Risk / Return Rank

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

EQTIX

EQTIX Risk / Return Rank: 47
EQTIX Sharpe Ratio Rank: 44
EQTIX Sortino Ratio Rank: 41
EQTIX Omega Ratio Rank: 42
EQTIX Calmar Ratio Rank: 50
EQTIX Martin Ratio Rank: 60

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.

EQTIX vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shelton Equity Income Fund (EQTIX) 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.

	EQTIX	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	1.80	1.12	+0.67
Sortino ratio: Return per unit of downside risk	2.48	1.66	+0.81
Omega ratio: Gain probability vs. loss probability	1.32	1.21	+0.12
Calmar ratio: Return relative to maximum drawdown	2.59	1.35	+1.24
Martin ratio: Return relative to average drawdown	11.18	4.00	+7.18

EQTIX vs. JEPI - Sharpe Ratio Comparison

The current EQTIX Sharpe Ratio is 1.80, which is higher than the JEPI Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of EQTIX 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

EQTIX vs. JEPI - Drawdown Comparison

The maximum EQTIX drawdown since its inception was -53.77%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for EQTIX and JEPI.

Drawdown Indicators

	EQTIX	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-53.77%	-13.71%	-40.06%
Max Drawdown (1Y) Largest decline over 1 year	-7.10%	-6.68%	-0.42%
Max Drawdown (3Y) Largest decline over 3 years	-17.03%	-13.26%	-3.77%
Max Drawdown (5Y) Largest decline over 5 years	-19.03%	-13.71%	-5.32%
Max Drawdown (10Y) Largest decline over 10 years	-29.85%	—	—
Current Drawdown Current decline from peak	-0.97%	-3.69%	+2.72%
Average Drawdown Average peak-to-trough decline	-7.16%	-2.13%	-5.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	2.24%	-0.60%

Volatility

EQTIX vs. JEPI - Volatility Comparison

Shelton Equity Income Fund (EQTIX) has a higher volatility of 4.26% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.35%. This indicates that EQTIX'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

	EQTIX	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	2.35%	+1.91%
Volatility (6M) Calculated over the trailing 6-month period	8.42%	6.28%	+2.14%
Volatility (1Y) Calculated over the trailing 1-year period	10.24%	8.04%	+2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.20%	11.08%	+2.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.34%	10.79%	+3.55%

EQTIX vs. JEPI - Expense Ratio Comparison

EQTIX has a 0.72% expense ratio, which is higher than JEPI's 0.35% expense ratio.

Dividends

EQTIX vs. JEPI - Dividend Comparison

EQTIX's dividend yield for the trailing twelve months is around 8.45%, more than JEPI's 8.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQTIX Shelton Equity Income Fund	8.45%	7.62%	9.51%	9.25%	9.83%	11.98%	24.62%	4.89%	23.96%	14.65%	16.02%	3.33%
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 EQTIX and JEPI in my portfolio?

EQTIX and JEPI have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EQTIX or JEPI?

EQTIX has higher volatility (4.26%) compared to JEPI (2.35%). In terms of maximum drawdown, EQTIX dropped -53.77% vs JEPI's -13.71%.

Which has better risk-adjusted returns?

EQTIX currently has the higher Sharpe Ratio (1.80 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.