GSSQX vs. JEPIX

Last updated Jul 11, 2026

GSSQX (Goldman Sachs U.S. Equity Insights Fund) and JEPIX (JPMorgan Equity Premium Income Fund Class I) are both mutual funds - GSSQX is a Large Cap Blend Equities fund managed by Goldman Sachs, while JEPIX is a Derivative Income fund actively managed by JPMorgan. Over the past 5 years, GSSQX returned 15.08%/yr vs 7.20%/yr for JEPIX. A 0.75 correlation means they provide meaningful diversification when combined. GSSQX charges 0.92%/yr vs 0.59%/yr for JEPIX.

Performance

GSSQX vs. JEPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs U.S. Equity Insights Fund (GSSQX) and JPMorgan Equity Premium Income Fund Class I (JEPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSSQX achieves a 8.00% return, which is significantly higher than JEPIX's 2.85% return.

GSSQX

• 1D: 0.93%
• 1M: 1.73%
• 6M: 5.92%
• YTD: 8.00%
• 1Y: 19.57%
• 3Y*: 26.95%
• 5Y*: 15.08%
• 10Y*: 15.79%

JEPIX

• 1D: 0.21%
• 1M: 1.79%
• 6M: 1.22%
• YTD: 2.85%
• 1Y: 8.05%
• 3Y*: 9.16%
• 5Y*: 7.20%
• 10Y*: —

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

GSSQX vs. JEPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GSSQX Goldman Sachs U.S. Equity Insights Fund	8.00%	15.15%	51.06%	23.14%	-19.63%	28.81%	17.81%	25.41%	-16.04%
JEPIX JPMorgan Equity Premium Income Fund Class I	2.85%	7.82%	12.43%	9.68%	-3.81%	19.36%	6.02%	16.44%	-9.93%

Correlation

The correlation between GSSQX and JEPIX is 0.56, 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	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Sep 4, 2018	0.75

The correlation between GSSQX and JEPIX shifts across timeframes, from 0.56 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GSSQX vs. JEPIX — Risk / Return Rank

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

GSSQX

GSSQX Risk / Return Rank: 45
GSSQX Sharpe Ratio Rank: 48
GSSQX Sortino Ratio Rank: 46
GSSQX Omega Ratio Rank: 48
GSSQX Calmar Ratio Rank: 38
GSSQX Martin Ratio Rank: 46

JEPIX

JEPIX Risk / Return Rank: 18
JEPIX Sharpe Ratio Rank: 18
JEPIX Sortino Ratio Rank: 20
JEPIX Omega Ratio Rank: 19
JEPIX Calmar Ratio Rank: 16
JEPIX Martin Ratio Rank: 16

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.

GSSQX vs. JEPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs U.S. Equity Insights Fund (GSSQX) and JPMorgan Equity Premium Income Fund Class I (JEPIX). 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.

	GSSQX	JEPIX	Difference
Sharpe ratio: Return per unit of total volatility	1.56	0.89	+0.66
Sortino ratio: Return per unit of downside risk	2.18	1.40	+0.79
Omega ratio: Gain probability vs. loss probability	1.29	1.17	+0.12
Calmar ratio: Return relative to maximum drawdown	1.85	1.05	+0.80
Martin ratio: Return relative to average drawdown	7.73	3.05	+4.68

GSSQX vs. JEPIX - Sharpe Ratio Comparison

The current GSSQX Sharpe Ratio is 1.56, which is higher than the JEPIX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of GSSQX and JEPIX, 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

GSSQX vs. JEPIX - Drawdown Comparison

The maximum GSSQX drawdown since its inception was -55.61%, which is greater than JEPIX's maximum drawdown of -32.63%. Use the drawdown chart below to compare losses from any high point for GSSQX and JEPIX.

Drawdown Indicators

	GSSQX	JEPIX	Difference
Max Drawdown Largest peak-to-trough decline	-55.61%	-32.63%	-22.98%
Max Drawdown (1Y) Largest decline over 1 year	-10.59%	-7.41%	-3.18%
Max Drawdown (3Y) Largest decline over 3 years	-30.23%	-13.42%	-16.81%
Max Drawdown (5Y) Largest decline over 5 years	-30.23%	-13.67%	-16.56%
Max Drawdown (10Y) Largest decline over 10 years	-34.47%	—	—
Current Drawdown Current decline from peak	-0.53%	-2.33%	+1.80%
Average Drawdown Average peak-to-trough decline	-9.79%	-3.21%	-6.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.52%	2.55%	-0.03%

Volatility

GSSQX vs. JEPIX - Volatility Comparison

Goldman Sachs U.S. Equity Insights Fund (GSSQX) has a higher volatility of 4.02% compared to JPMorgan Equity Premium Income Fund Class I (JEPIX) at 2.61%. This indicates that GSSQX's price experiences larger fluctuations and is considered to be riskier than JEPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSSQX	JEPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.02%	2.61%	+1.41%
Volatility (6M) Calculated over the trailing 6-month period	9.93%	7.05%	+2.88%
Volatility (1Y) Calculated over the trailing 1-year period	12.57%	8.70%	+3.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.07%	11.48%	+12.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.84%	14.69%	+7.15%

GSSQX vs. JEPIX - Expense Ratio Comparison

GSSQX has a 0.92% expense ratio, which is higher than JEPIX's 0.59% expense ratio.

Dividends

GSSQX vs. JEPIX - Dividend Comparison

GSSQX's dividend yield for the trailing twelve months is around 11.63%, more than JEPIX's 7.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSSQX Goldman Sachs U.S. Equity Insights Fund	11.63%	12.56%	31.49%	2.52%	0.73%	26.89%	4.31%	1.37%	4.35%	10.37%	4.05%	4.01%
JEPIX JPMorgan Equity Premium Income Fund Class I	7.98%	8.12%	7.20%	8.42%	12.24%	6.15%	11.59%	3.91%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSSQX and JEPIX in my portfolio?

GSSQX and JEPIX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GSSQX or JEPIX?

GSSQX has higher volatility (4.02%) compared to JEPIX (2.61%). In terms of maximum drawdown, GSSQX dropped -55.61% vs JEPIX's -32.63%.

Which has better risk-adjusted returns?

GSSQX currently has the higher Sharpe Ratio (1.56 vs 0.89), 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.