GTO vs. JEPI
Compare and contrast key facts about Invesco Total Return Bond ETF (GTO) and JPMorgan Equity Premium Income ETF (JEPI).
GTO and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GTO is an actively managed fund by Invesco. It was launched on Feb 10, 2016. JEPI is an actively managed fund by JPMorgan. It was launched on May 20, 2020.
Performance
GTO vs. JEPI - Performance Comparison
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GTO vs. JEPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GTO Invesco Total Return Bond ETF | -0.10% | 7.17% | 2.63% | 5.95% | -14.77% | -0.38% | 7.32% |
JEPI JPMorgan Equity Premium Income ETF | 0.20% | 8.09% | 12.57% | 9.83% | -3.49% | 21.52% | 18.61% |
Returns By Period
In the year-to-date period, GTO achieves a -0.10% return, which is significantly lower than JEPI's 0.20% return.
GTO
- 1D
- 0.30%
- 1M
- -1.96%
- YTD
- -0.10%
- 6M
- 0.92%
- 1Y
- 4.65%
- 3Y*
- 4.30%
- 5Y*
- 0.16%
- 10Y*
- 3.02%
JEPI
- 1D
- 1.85%
- 1M
- -4.79%
- YTD
- 0.20%
- 6M
- 3.11%
- 1Y
- 7.84%
- 3Y*
- 9.57%
- 5Y*
- 8.26%
- 10Y*
- —
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GTO vs. JEPI - Expense Ratio Comparison
Both GTO and JEPI have an expense ratio of 0.35%.
Return for Risk
GTO vs. JEPI — Risk / Return Rank
GTO
JEPI
GTO vs. JEPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Total Return Bond ETF (GTO) 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.
| GTO | JEPI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 0.60 | +0.56 |
Sortino ratioReturn per unit of downside risk | 1.58 | 0.93 | +0.65 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.15 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.68 | 0.85 | +0.83 |
Martin ratioReturn relative to average drawdown | 5.09 | 4.15 | +0.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GTO | JEPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 0.60 | +0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.75 | -0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 1.03 | -0.52 |
Correlation
The correlation between GTO and JEPI is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
GTO vs. JEPI - Dividend Comparison
GTO's dividend yield for the trailing twelve months is around 4.78%, less than JEPI's 8.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
GTO Invesco Total Return Bond ETF | 4.78% | 4.70% | 4.42% | 4.05% | 3.47% | 1.93% | 4.04% | 2.97% | 5.25% | 2.81% | 2.57% |
JEPI JPMorgan Equity Premium Income ETF | 8.40% | 8.25% | 7.33% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GTO vs. JEPI - Drawdown Comparison
The maximum GTO drawdown since its inception was -20.61%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for GTO and JEPI.
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Drawdown Indicators
| GTO | JEPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.61% | -13.71% | -6.90% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | -10.28% | +7.34% |
Max Drawdown (5Y)Largest decline over 5 years | -20.61% | -13.71% | -6.90% |
Max Drawdown (10Y)Largest decline over 10 years | -20.61% | — | — |
Current DrawdownCurrent decline from peak | -2.39% | -4.79% | +2.40% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -2.07% | -2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 2.10% | -1.13% |
Volatility
GTO vs. JEPI - Volatility Comparison
The current volatility for Invesco Total Return Bond ETF (GTO) is 1.58%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 3.95%. This indicates that GTO experiences smaller price fluctuations and is considered to be less risky than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GTO | JEPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 3.95% | -2.37% |
Volatility (6M)Calculated over the trailing 6-month period | 2.32% | 6.36% | -4.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.04% | 13.26% | -9.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.69% | 11.06% | -5.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.57% | 10.89% | -5.32% |