ISEM.L vs. JEIP.L

Last updated Jun 4, 2026

ISEM.L (IncomeShares Semiconductors Leaders ETP) and JEIP.L (JPM US Equity Premium Income Active UCITS ETF USD Dist) are both Derivative Income funds. ISEM.L is passively managed, while JEIP.L is actively managed. At a correlation of -0.15, they often move in opposite directions. ISEM.L charges 0.45%/yr vs 0.35%/yr for JEIP.L.

Performance

ISEM.L vs. JEIP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in IncomeShares Semiconductors Leaders ETP (ISEM.L) and JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ISEM.L

• 1D: 2.92%
• 1M: 29.69%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEIP.L

• 1D: 0.67%
• 1M: -0.45%
• YTD: 0.09%
• 6M: 0.12%
• 1Y: 9.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ISEM.L vs. JEIP.L - Yearly Performance Comparison

	2026 (YTD)
ISEM.L IncomeShares Semiconductors Leaders ETP	57.70%
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist	-0.03%

Correlation

The correlation between ISEM.L and JEIP.L is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 27, 2026	-0.15

Return for Risk

ISEM.L vs. JEIP.L — Risk / Return Rank

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

JEIP.L

JEIP.L Risk / Return Rank: 30
JEIP.L Sharpe Ratio Rank: 30
JEIP.L Sortino Ratio Rank: 29
JEIP.L Omega Ratio Rank: 28
JEIP.L Calmar Ratio Rank: 31
JEIP.L Martin Ratio Rank: 30

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.

ISEM.L vs. JEIP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Semiconductors Leaders ETP (ISEM.L) and JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.L). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ISEM.L	JEIP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	31.14	0.09	+31.05

Drawdowns

ISEM.L vs. JEIP.L - Drawdown Comparison

The maximum ISEM.L drawdown since its inception was -6.35%, smaller than the maximum JEIP.L drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for ISEM.L and JEIP.L.

Drawdown Indicators

	ISEM.L	JEIP.L	Difference
Max Drawdown Largest peak-to-trough decline	-6.35%	-15.73%	+9.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.18%	—
Current Drawdown Current decline from peak	0.00%	-4.59%	+4.59%
Average Drawdown Average peak-to-trough decline	-0.96%	-5.25%	+4.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.11%	—

Volatility

Volatility by Period

	ISEM.L	JEIP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.89%	8.40%	+32.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.89%	11.23%	+29.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.89%	11.23%	+29.66%

ISEM.L vs. JEIP.L - Expense Ratio Comparison

ISEM.L has a 0.45% expense ratio, which is higher than JEIP.L's 0.35% expense ratio.

Dividends

ISEM.L vs. JEIP.L - Dividend Comparison

ISEM.L's dividend yield for the trailing twelve months is around 13.84%, more than JEIP.L's 8.33% yield.

Position	TTM	2025	2024
ISEM.L IncomeShares Semiconductors Leaders ETP	13.84%	0.00%	0.00%
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist	8.33%	7.18%	0.61%

Frequently Asked Questions

Can I hold both ISEM.L and JEIP.L in my portfolio?

ISEM.L and JEIP.L have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ISEM.L or JEIP.L?

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

Which ETF is cheaper, ISEM.L or JEIP.L?

JEIP.L is cheaper with a 0.35% expense ratio, compared with 0.45% for ISEM.L.

What is the main difference between ISEM.L and JEIP.L?

They also come from different issuers: IncomeShares and JPMorgan. Their fees differ too: 0.45% for ISEM.L and 0.35% for JEIP.L.