ISEM.L vs. JEQP.L

Last updated Jun 5, 2026

ISEM.L (IncomeShares Semiconductors Leaders ETP) and JEQP.L (JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP) are both exchange-traded funds - ISEM.L is a Derivative Income fund tracking the LS Semiconductors Leaders Income Strategy, while JEQP.L is a Nasdaq-100 fund actively managed by JPMorgan. ISEM.L is passively managed, while JEQP.L is actively managed. At a 0.29 correlation, their price movements are largely independent. ISEM.L charges 0.45%/yr vs 0.35%/yr for JEQP.L.

Performance

ISEM.L vs. JEQP.L - Performance Comparison

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

Returns By Period

ISEM.L

• 1D: -1.88%
• 1M: 20.31%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEQP.L

• 1D: -0.35%
• 1M: 4.24%
• YTD: 8.97%
• 6M: 8.46%
• 1Y: 29.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)
ISEM.L IncomeShares Semiconductors Leaders ETP	54.74%
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP	11.58%

Correlation

The correlation between ISEM.L and JEQP.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 27, 2026	0.29

Return for Risk

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

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

JEQP.L

JEQP.L Risk / Return Rank: 84
JEQP.L Sharpe Ratio Rank: 82
JEQP.L Sortino Ratio Rank: 80
JEQP.L Omega Ratio Rank: 83
JEQP.L Calmar Ratio Rank: 89
JEQP.L Martin Ratio Rank: 89

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. JEQP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Semiconductors Leaders ETP (ISEM.L) and JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.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	JEQP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	25.95	0.94	+25.02

Drawdowns

ISEM.L vs. JEQP.L - Drawdown Comparison

The maximum ISEM.L drawdown since its inception was -6.35%, smaller than the maximum JEQP.L drawdown of -22.00%. Use the drawdown chart below to compare losses from any high point for ISEM.L and JEQP.L.

Drawdown Indicators

	ISEM.L	JEQP.L	Difference
Max Drawdown Largest peak-to-trough decline	-6.35%	-22.00%	+15.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.64%	—
Current Drawdown Current decline from peak	-1.88%	-0.35%	-1.53%
Average Drawdown Average peak-to-trough decline	-0.98%	-4.92%	+3.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.51%	—

Volatility

Volatility by Period

	ISEM.L	JEQP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	41.02%	11.20%	+29.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.02%	14.88%	+26.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.02%	14.88%	+26.14%

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

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

Dividends

ISEM.L vs. JEQP.L - Dividend Comparison

ISEM.L's dividend yield for the trailing twelve months is around 14.10%, more than JEQP.L's 10.21% yield.

Position	TTM	2025	2024
ISEM.L IncomeShares Semiconductors Leaders ETP	14.10%	0.00%	0.00%
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP	10.21%	10.04%	0.73%

Frequently Asked Questions

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

ISEM.L and JEQP.L have a correlation of 0.29, 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 JEQP.L?

On fees, JEQP.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 JEQP.L?

JEQP.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 JEQP.L?

ISEM.L is categorized as Derivative Income, while JEQP.L is Nasdaq-100. They also come from different issuers: IncomeShares and JPMorgan. Their fees differ too: 0.45% for ISEM.L and 0.35% for JEQP.L.