PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IPRV.L vs. JEPI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IPRV.L vs. JEPI

Last updated Jun 5, 2026

IPRV.L (iShares Listed Private Equity UCITS ETF USD (Dist)) and JEPI (JPMorgan Equity Premium Income ETF) are both exchange-traded funds - IPRV.L is a Financials Equities fund tracking the S&P Listed Private Equity Index, while JEPI is a Dividend fund actively managed by JPMorgan. IPRV.L is passively managed, while JEPI is actively managed. Over the past 5 years, IPRV.L returned 6.33%/yr vs 8.41%/yr for JEPI. At a 0.30 correlation, their price movements are largely independent. IPRV.L charges 0.75%/yr vs 0.35%/yr for JEPI.

Performance

IPRV.L vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Listed Private Equity UCITS ETF USD (Dist) (IPRV.L) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

IPRV.L is traded in GBp, while JEPI is traded in USD. To make them comparable, the JEPI values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IPRV.L achieves a -12.08% return, which is significantly lower than JEPI's 0.52% return.

IPRV.L

1D
2.62%
1M
-2.90%
YTD
-12.08%
6M
-10.54%
1Y
-7.71%
3Y*
10.33%
5Y*
6.33%
10Y*
12.65%

JEPI

1D
0.00%
1M
-0.37%
YTD
0.52%
6M
-0.22%
1Y
8.67%
3Y*
6.11%
5Y*
8.41%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IPRV.L vs. JEPI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
IPRV.L
iShares Listed Private Equity UCITS ETF USD (Dist)		-12.08%-4.65%26.96%32.91%-19.32%45.11%23.14%
JEPI
JPMorgan Equity Premium Income ETF		1.10%0.39%14.54%4.34%7.99%22.67%6.13%

Correlation

The correlation between IPRV.L and JEPI is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.32

Correlation (3Y)
Calculated over the trailing 3-year period

0.31

Correlation (5Y)
Calculated over the trailing 5-year period

0.27

Correlation (All Time)
Calculated using the full available price history since May 22, 2020

0.30

IPRV.L vs. JEPI - Sectors Allocation Comparison

Sectors
IPRV.L
JEPI

Financial Services

99.0%
9.8%

Industrials

0.7%
13.8%

Consumer Cyclical

0.3%
11.7%

Technology

0.1%
19.1%

Healthcare

0.0%
14.1%

Consumer Defensive

0.0%
9.6%

Basic Materials

-

1.9%

Communication Services

-

6.9%

Energy

-

3.5%

Real Estate

-

3.5%

Utilities

-

6.2%

Financial Services

IPRV.L
99.0%
JEPI
9.8%

Industrials

IPRV.L
0.7%
JEPI
13.8%

Consumer Cyclical

IPRV.L
0.3%
JEPI
11.7%

Technology

IPRV.L
0.1%
JEPI
19.1%

Healthcare

IPRV.L
0.0%
JEPI
14.1%

Consumer Defensive

IPRV.L
0.0%
JEPI
9.6%

Basic Materials

IPRV.L

-

JEPI
1.9%

Communication Services

IPRV.L

-

JEPI
6.9%

Energy

IPRV.L

-

JEPI
3.5%

Real Estate

IPRV.L

-

JEPI
3.5%

Utilities

IPRV.L

-

JEPI
6.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Listed Private Equity UCITS ETF USD (Dist)

JPMorgan Equity Premium Income ETF

Often compared with IPRV.L:
IPRV.L vs. SPYIPRV.L vs. QQQ3.LIPRV.L vs. IWMO.LIPRV.L vs. BRK-BIPRV.L vs. BXIPRV.L vs. SWDA.LIPRV.L vs. HMWO.L
Often compared with JEPI:
JEPI vs. JEPQJEPI vs. SCHDJEPI vs. SPYJEPI vs. QYLDJEPI vs. SPYIJEPI vs. QQQIJEPI vs. VOO

Return for Risk

IPRV.L vs. JEPI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IPRV.L
IPRV.L Risk / Return Rank: 66
Overall Rank
IPRV.L Sharpe Ratio Rank: 55
Sharpe Ratio Rank
IPRV.L Sortino Ratio Rank: 55
Sortino Ratio Rank
IPRV.L Omega Ratio Rank: 55
Omega Ratio Rank
IPRV.L Calmar Ratio Rank: 66
Calmar Ratio Rank
IPRV.L Martin Ratio Rank: 66
Martin Ratio Rank
JEPI
JEPI Risk / Return Rank: 2929
Overall Rank
JEPI Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
JEPI Sortino Ratio Rank: 3030
Sortino Ratio Rank
JEPI Omega Ratio Rank: 3030
Omega Ratio Rank
JEPI Calmar Ratio Rank: 2727
Calmar Ratio Rank
JEPI Martin Ratio Rank: 2828
Martin Ratio Rank
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.

IPRV.L vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Listed Private Equity UCITS ETF USD (Dist) (IPRV.L) 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.

IPRV.LJEPIDifference
Sharpe ratioReturn per unit of total volatility
-0.41
1.01

-1.42

Sortino ratioReturn per unit of downside risk
-0.45
1.43

-1.88

Omega ratioGain probability vs. loss probability

0.95

1.18

-0.23

Calmar ratioReturn relative to maximum drawdown

-0.33

1.47

-1.80

Martin ratioReturn relative to average drawdown

-0.69

4.04

-4.74

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IPRV.L vs. JEPI - Sharpe Ratio Comparison

The current IPRV.L Sharpe Ratio is -0.41, which is lower than the JEPI Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of IPRV.L 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.

Loading charts...

Sharpe Ratios by Period

IPRV.LJEPIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.41

1.01

-1.42

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.32

0.73

-0.41

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.62

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.16

0.81

-0.64

Drawdowns

IPRV.L vs. JEPI - Drawdown Comparison

The maximum IPRV.L drawdown since its inception was -74.08%, which is greater than JEPI's maximum drawdown of -16.54%. Use the drawdown chart below to compare losses from any high point for IPRV.L and JEPI.

Loading charts...

Drawdown Indicators

IPRV.LJEPIDifference

Max Drawdown

Largest peak-to-trough decline

-74.08%

-16.54%

-57.54%

Max Drawdown (1Y)

Largest decline over 1 year

-23.47%

-5.91%

-17.56%

Max Drawdown (3Y)

Largest decline over 3 years

-27.90%

-16.54%

-11.36%

Max Drawdown (5Y)

Largest decline over 5 years

-27.90%

-16.54%

-11.36%

Max Drawdown (10Y)

Largest decline over 10 years

-44.53%

—

—

Current Drawdown

Current decline from peak

-22.45%

-4.72%

-17.73%

Average Drawdown

Average peak-to-trough decline

-11.64%

-2.69%

-8.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.08%

2.15%

+8.93%

Volatility

IPRV.L vs. JEPI - Volatility Comparison

iShares Listed Private Equity UCITS ETF USD (Dist) (IPRV.L) has a higher volatility of 5.75% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.26%. This indicates that IPRV.L'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.

Loading charts...

Volatility by Period

IPRV.LJEPIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.75%

2.26%

+3.49%

Volatility (6M)

Calculated over the trailing 6-month period

15.11%

6.49%

+8.62%

Volatility (1Y)

Calculated over the trailing 1-year period

18.90%

8.63%

+10.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.52%

11.57%

+7.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.36%

11.40%

+8.96%

IPRV.L vs. JEPI - Expense Ratio Comparison

IPRV.L has a 0.75% expense ratio, which is higher than JEPI's 0.35% expense ratio.

Dividends

IPRV.L vs. JEPI - Dividend Comparison

IPRV.L's dividend yield for the trailing twelve months is around 5.23%, less than JEPI's 8.23% yield.

PositionTTM20252024202320222021202020192018201720162015
IPRV.L
iShares Listed Private Equity UCITS ETF USD (Dist)		5.23%3.98%3.81%4.27%5.26%3.42%4.85%4.28%6.46%6.70%5.33%8.21%
JEPI
JPMorgan Equity Premium Income ETF		8.23%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

IPRV.L and JEPI have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, JEPI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

JEPI is cheaper with a 0.35% expense ratio, compared with 0.75% for IPRV.L.

IPRV.L is categorized as Financials Equities, while JEPI is Dividend. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.75% for IPRV.L and 0.35% for JEPI.

Portfolio Optimizer

Find the right allocation for IPRV.L and JEPI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer