EVT.AX vs. JEPI

Last updated Jun 5, 2026

EVT.AX (EVT Limited) is a stock, while JEPI (JPMorgan Equity Premium Income ETF) is Dividend fund actively managed by JPMorgan. Over the past 5 years, EVT.AX returned 0.16%/yr vs 9.34%/yr for JEPI. At a 0.03 correlation, their price movements are largely independent.

Performance

EVT.AX vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in EVT Limited (EVT.AX) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EVT.AX is traded in AUD, while JEPI is traded in USD. To make them comparable, the JEPI values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EVT.AX achieves a -4.39% return, which is significantly higher than JEPI's -4.98% return.

EVT.AX

• 1D: -0.92%
• 1M: 0.08%
• YTD: -4.39%
• 6M: -15.49%
• 1Y: -24.53%
• 3Y*: 2.40%
• 5Y*: 0.16%
• 10Y*: 0.37%

JEPI

• 1D: 0.88%
• 1M: 1.68%
• YTD: -4.98%
• 6M: -5.07%
• 1Y: -0.46%
• 3Y*: 7.02%
• 5Y*: 9.34%
• 10Y*: —

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

EVT.AX vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
EVT.AX EVT Limited	-4.39%	13.42%	-3.91%	-1.22%	-13.19%	55.74%	23.73%
JEPI JPMorgan Equity Premium Income ETF	-4.98%	0.24%	23.90%	9.91%	2.89%	28.65%	1.14%

Correlation

The correlation between EVT.AX and JEPI is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since May 22, 2020	0.03

Return for Risk

EVT.AX vs. JEPI — Risk / Return Rank

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

EVT.AX

EVT.AX Risk / Return Rank: 12
EVT.AX Sharpe Ratio Rank: 7
EVT.AX Sortino Ratio Rank: 11
EVT.AX Omega Ratio Rank: 9
EVT.AX Calmar Ratio Rank: 16
EVT.AX Martin Ratio Rank: 19

JEPI

JEPI Risk / Return Rank: 27
JEPI Sharpe Ratio Rank: 29
JEPI Sortino Ratio Rank: 28
JEPI Omega Ratio Rank: 28
JEPI Calmar Ratio Rank: 25
JEPI Martin Ratio Rank: 27

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.

EVT.AX vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EVT Limited (EVT.AX) 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.

	EVT.AX	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	-0.87	-0.05	-0.82
Sortino ratio: Return per unit of downside risk	-1.06	-0.01	-1.05
Omega ratio: Gain probability vs. loss probability	0.84	1.00	-0.15
Calmar ratio: Return relative to maximum drawdown	-0.70	-0.05	-0.66
Martin ratio: Return relative to average drawdown	-1.09	-0.12	-0.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EVT.AX vs. JEPI - Sharpe Ratio Comparison

The current EVT.AX Sharpe Ratio is -0.87, which is lower than the JEPI Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of EVT.AX 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

	EVT.AX	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.87	-0.05	-0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.83	-0.83
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.86	-0.50

Drawdowns

EVT.AX vs. JEPI - Drawdown Comparison

The maximum EVT.AX drawdown since its inception was -75.44%, which is greater than JEPI's maximum drawdown of -12.98%. Use the drawdown chart below to compare losses from any high point for EVT.AX and JEPI.

Drawdown Indicators

	EVT.AX	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-75.44%	-12.98%	-62.46%
Max Drawdown (1Y) Largest decline over 1 year	-34.15%	-9.63%	-24.52%
Max Drawdown (3Y) Largest decline over 3 years	-34.15%	-12.98%	-21.17%
Max Drawdown (5Y) Largest decline over 5 years	-37.06%	-12.98%	-24.08%
Max Drawdown (10Y) Largest decline over 10 years	-57.50%	—	—
Current Drawdown Current decline from peak	-31.25%	-7.93%	-23.32%
Average Drawdown Average peak-to-trough decline	-20.73%	-2.75%	-17.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.19%	3.94%	+18.25%

Volatility

EVT.AX vs. JEPI - Volatility Comparison

EVT Limited (EVT.AX) has a higher volatility of 10.07% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.82%. This indicates that EVT.AX'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

	EVT.AX	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.07%	2.82%	+7.25%
Volatility (6M) Calculated over the trailing 6-month period	17.97%	6.97%	+11.00%
Volatility (1Y) Calculated over the trailing 1-year period	27.61%	8.84%	+18.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.48%	11.27%	+16.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.87%	11.16%	+17.71%

Dividends

EVT.AX vs. JEPI - Dividend Comparison

EVT.AX's dividend yield for the trailing twelve months is around 3.38%, less than JEPI's 8.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVT.AX EVT Limited	3.38%	3.03%	2.99%	2.78%	0.94%	0.00%	2.21%	3.82%	3.82%	3.84%	3.70%	3.22%
JEPI JPMorgan Equity Premium Income ETF	8.26%	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 EVT.AX and JEPI in my portfolio?

EVT.AX and JEPI have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.