FID vs. JEPI

Last updated Aug 4, 2026

FID (First Trust S&P International Dividend Aristocrats ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both exchange-traded funds - FID is a Foreign Large Cap Equities fund tracking the S&P International Dividend Aristocrats Index, while JEPI is a Dividend fund actively managed by JPMorgan. FID is passively managed, while JEPI is actively managed. Over the past 5 years, FID returned 9.02%/yr vs 7.50%/yr for JEPI. Their 0.55 correlation means they have sometimes moved together and sometimes differently. FID charges 0.60%/yr vs 0.35%/yr for JEPI.

Performance

FID vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust S&P International Dividend Aristocrats ETF (FID) 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, FID achieves a 11.85% return, which is significantly higher than JEPI's 5.04% return.

FID

• 1D: -0.13%
• 1M: 4.60%
• 6M: 7.03%
• YTD: 11.85%
• 1Y: 22.20%
• 3Y*: 18.43%
• 5Y*: 9.02%
• 10Y*: —
• ALL TIME*: 7.73%

JEPI

• 1D: 0.50%
• 1M: 1.78%
• 6M: 2.32%
• YTD: 5.04%
• 1Y: 11.72%
• 3Y*: 9.69%
• 5Y*: 7.50%
• 10Y*: —
• ALL TIME*: 11.36%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FID First Trust S&P International Dividend Aristocrats ETF	$249.39K	$252.43K	$349.18K
JEPI JPMorgan Equity Premium Income ETF	$264.83M	$261.34M	$294.89M

FID vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FID First Trust S&P International Dividend Aristocrats ETF	11.85%	32.07%	5.42%	9.92%	-9.69%	12.90%	25.52%
JEPI JPMorgan Equity Premium Income ETF	5.04%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.39%

Correlation

The correlation between FID and JEPI is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.53
Correlation (3Y) Balances recent behavior with more history.	0.53
Correlation (5Y) Shows whether the relationship held over a longer period.	0.54
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.55

The correlation between FID and JEPI has been stable across timeframes, ranging from 0.53 to 0.55 - a consistent structural relationship.

FID vs. JEPI - Sectors Allocation Comparison

Sectors	FID	JEPI
Financial Services	20.5%	8.9%
Utilities	16.9%	4.9%
Industrials	12.8%	11.2%
Communication Services	10.7%	6.1%
Real Estate	9.4%	2.6%
Energy	7.9%	2.6%
Technology	6.2%	15.4%
Basic Materials	4.6%	1.6%
Consumer Cyclical	4.0%	9.8%
Consumer Defensive	3.7%	7.7%
Healthcare	3.5%	12.9%

Return for Risk

FID vs. JEPI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FID

FID Risk / Return Rank: 80
FID Sharpe Ratio Rank: 88
FID Sortino Ratio Rank: 88
FID Omega Ratio Rank: 87
FID Calmar Ratio Rank: 69
FID Martin Ratio Rank: 67

JEPI

JEPI Risk / Return Rank: 56
JEPI Sharpe Ratio Rank: 61
JEPI Sortino Ratio Rank: 63
JEPI Omega Ratio Rank: 62
JEPI Calmar Ratio Rank: 48
JEPI Martin Ratio Rank: 44

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FID vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust S&P International Dividend Aristocrats ETF (FID) 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.

	FID	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	2.20	1.46	+0.74
Sortino ratio: Return per unit of downside risk	3.08	2.14	+0.94
Omega ratio: Gain probability vs. loss probability	1.39	1.27	+0.13
Calmar ratio: Return relative to maximum drawdown	2.50	1.76	+0.74
Martin ratio: Return relative to average drawdown	8.44	4.99	+3.45

FID vs. JEPI - Sharpe Ratio Comparison

The current FID Sharpe Ratio is 2.20, which is higher than the JEPI Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of FID 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

FID vs. JEPI - Drawdown Comparison

The maximum FID drawdown since its inception was -39.79%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for FID and JEPI.

Drawdown Indicators

	FID	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-39.79%	-13.71%	-26.08%
Max Drawdown (1Y) Largest decline over 1 year	-8.93%	-6.68%	-2.25%
Max Drawdown (3Y) Largest decline over 3 years	-9.61%	-13.26%	+3.65%
Max Drawdown (5Y) Largest decline over 5 years	-29.13%	-13.71%	-15.42%
Current Drawdown Current decline from peak	-0.86%	-0.18%	-0.68%
Average Drawdown Average peak-to-trough decline	-8.33%	-2.13%	-6.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	2.35%	+0.29%

Volatility

FID vs. JEPI - Volatility Comparison

First Trust S&P International Dividend Aristocrats ETF (FID) has a higher volatility of 2.46% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.21%. This indicates that FID'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

	FID	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.46%	2.21%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	8.49%	6.39%	+2.10%
Volatility (1Y) Calculated over the trailing 1-year period	10.16%	8.10%	+2.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.02%	11.11%	+5.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.82%	10.73%	+8.09%

FID vs. JEPI - Expense Ratio Comparison

FID has a 0.60% expense ratio, which is higher than JEPI's 0.35% expense ratio.

Dividends

FID vs. JEPI - Dividend Comparison

FID's dividend yield for the trailing twelve months is around 4.05%, less than JEPI's 7.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FID First Trust S&P International Dividend Aristocrats ETF	4.05%	4.30%	4.31%	4.19%	4.22%	3.76%	3.91%	3.70%	1.74%
JEPI JPMorgan Equity Premium Income ETF	7.99%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FID and JEPI in my portfolio?

FID and JEPI have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FID or JEPI?

FID has higher volatility (2.46%) compared to JEPI (2.21%). In terms of maximum drawdown, FID dropped -39.79% vs JEPI's -13.71%.

Which ETF is better, FID or JEPI?

On 5-year performance, FID leads with 9.02% vs 7.50% for JEPI. On fees, JEPI is cheaper at 0.35% per year. On volatility, JEPI has been the lower-risk option at 2.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FID or JEPI?

Over the 5-year period, FID has performed better with a 9.02% return vs 7.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FID or JEPI?

JEPI is cheaper with a 0.35% expense ratio, compared with 0.60% for FID.

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

JEPI has the higher dividend yield at 7.99%, compared with 4.05% for FID.

What is the main difference between FID and JEPI?

FID is categorized as Foreign Large Cap Equities, while JEPI is Dividend. They also come from different issuers: First Trust and JPMorgan. Their fees differ too: 0.60% for FID and 0.35% for JEPI.

Which has better risk-adjusted returns?

FID currently has the higher Sharpe Ratio (2.20 vs 1.46), 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.