FVI.TO vs. JEPI

Last updated Jun 4, 2026

FVI.TO (Fortuna Silver Mines Inc.) is a stock, while JEPI (JPMorgan Equity Premium Income ETF) is Dividend fund actively managed by JPMorgan. Over the past 5 years, FVI.TO returned 9.70%/yr vs 10.32%/yr for JEPI. At a correlation of -0.02, they often move in opposite directions.

Performance

FVI.TO vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fortuna Silver Mines Inc. (FVI.TO) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FVI.TO is traded in CAD, while JEPI is traded in USD. To make them comparable, the JEPI values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FVI.TO achieves a -2.68% return, which is significantly lower than JEPI's 1.43% return.

FVI.TO

• 1D: -3.75%
• 1M: 4.47%
• YTD: -2.68%
• 6M: -1.80%
• 1Y: 42.90%
• 3Y*: 41.00%
• 5Y*: 9.70%
• 10Y*: 4.98%

JEPI

• 1D: 0.56%
• 1M: 0.43%
• YTD: 1.43%
• 6M: 0.08%
• 1Y: 9.09%
• 3Y*: 10.15%
• 5Y*: 10.32%
• 10Y*: —

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

FVI.TO vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FVI.TO Fortuna Silver Mines Inc.	-2.68%	117.99%	20.98%	0.20%	3.04%	-52.77%	74.92%
JEPI JPMorgan Equity Premium Income ETF	1.43%	3.13%	22.24%	7.41%	3.39%	20.42%	8.44%

Correlation

The correlation between FVI.TO and JEPI is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	-0.02
Correlation (All Time) Calculated using the full available price history since May 22, 2020	-0.02

The correlation between FVI.TO and JEPI shifts across timeframes, from -0.02 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FVI.TO vs. JEPI — Risk / Return Rank

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

FVI.TO

FVI.TO Risk / Return Rank: 63
FVI.TO Sharpe Ratio Rank: 65
FVI.TO Sortino Ratio Rank: 61
FVI.TO Omega Ratio Rank: 61
FVI.TO Calmar Ratio Rank: 64
FVI.TO Martin Ratio Rank: 65

JEPI

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

FVI.TO vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortuna Silver Mines Inc. (FVI.TO) 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.

	FVI.TO	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	0.76	1.08	-0.32
Sortino ratio: Return per unit of downside risk	1.32	1.56	-0.25
Omega ratio: Gain probability vs. loss probability	1.17	1.20	-0.03
Calmar ratio: Return relative to maximum drawdown	1.17	1.75	-0.57
Martin ratio: Return relative to average drawdown	2.88	5.07	-2.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FVI.TO vs. JEPI - Sharpe Ratio Comparison

The current FVI.TO Sharpe Ratio is 0.76, which is comparable to the JEPI Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of FVI.TO 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

	FVI.TO	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	1.08	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.18	1.02	-0.84
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	1.09	-1.07

Drawdowns

FVI.TO vs. JEPI - Drawdown Comparison

The maximum FVI.TO drawdown since its inception was -96.00%, which is greater than JEPI's maximum drawdown of -14.00%. Use the drawdown chart below to compare losses from any high point for FVI.TO and JEPI.

Drawdown Indicators

	FVI.TO	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-96.00%	-14.00%	-82.00%
Max Drawdown (1Y) Largest decline over 1 year	-36.70%	-5.23%	-31.47%
Max Drawdown (3Y) Largest decline over 3 years	-36.70%	-14.00%	-22.70%
Max Drawdown (5Y) Largest decline over 5 years	-65.54%	-14.00%	-51.54%
Max Drawdown (10Y) Largest decline over 10 years	-79.07%	—	—
Current Drawdown Current decline from peak	-29.77%	-3.03%	-26.74%
Average Drawdown Average peak-to-trough decline	-54.65%	-2.19%	-52.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.94%	1.80%	+13.14%

Volatility

FVI.TO vs. JEPI - Volatility Comparison

Fortuna Silver Mines Inc. (FVI.TO) has a higher volatility of 15.86% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.69%. This indicates that FVI.TO'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

	FVI.TO	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.86%	1.69%	+14.17%
Volatility (6M) Calculated over the trailing 6-month period	42.89%	6.59%	+36.30%
Volatility (1Y) Calculated over the trailing 1-year period	56.41%	8.44%	+47.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.12%	10.16%	+44.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.34%	9.97%	+47.37%

Dividends

FVI.TO vs. JEPI - Dividend Comparison

FVI.TO has not paid dividends to shareholders, while JEPI's dividend yield for the trailing twelve months is around 8.27%.

Position	TTM	2025	2024	2023	2022	2021	2020
FVI.TO Fortuna Silver Mines Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JEPI JPMorgan Equity Premium Income ETF	8.27%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%

Frequently Asked Questions

Can I hold both FVI.TO and JEPI in my portfolio?

FVI.TO and JEPI have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.