JADE vs. JEPI

Last updated Jun 4, 2026

JADE (JPMorgan Active Developing Markets Equity ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both exchange-traded funds - JADE is a Emerging Markets Diversified fund actively managed by JPMorgan, while JEPI is a Dividend fund actively managed by JPMorgan. Both are actively managed. Over the past year, JADE returned 59.71% vs 7.70% for JEPI. At a 0.43 correlation, their price movements are largely independent. JADE charges 0.65%/yr vs 0.35%/yr for JEPI.

Performance

JADE vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Active Developing Markets Equity ETF (JADE) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JADE achieves a 28.34% return, which is significantly higher than JEPI's 0.15% return.

JADE

• 1D: -1.18%
• 1M: 8.60%
• YTD: 28.34%
• 6M: 31.12%
• 1Y: 59.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPI

• 1D: 0.14%
• 1M: -1.54%
• YTD: 0.15%
• 6M: 0.47%
• 1Y: 7.70%
• 3Y*: 8.88%
• 5Y*: 7.26%
• 10Y*: —

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

JADE vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JADE JPMorgan Active Developing Markets Equity ETF	28.34%	38.50%	-2.30%
JEPI JPMorgan Equity Premium Income ETF	0.15%	8.09%	5.44%

Correlation

The correlation between JADE and JEPI is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (All Time) Calculated using the full available price history since May 20, 2024	0.43

JADE vs. JEPI - Sectors Allocation Comparison

Sectors	JADE	JEPI
Technology	37.1%	19.1%
Financial Services	22.3%	9.8%
Consumer Cyclical	11.4%	11.7%
Industrials	7.8%	13.8%
Communication Services	7.2%	6.9%
Energy	4.7%	3.5%
Basic Materials	3.6%	1.9%
Consumer Defensive	2.3%	9.6%
Utilities	2.1%	6.2%
Real Estate	0.9%	3.5%
Healthcare	0.6%	14.1%

Return for Risk

JADE vs. JEPI — Risk / Return Rank

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

JADE

JADE Risk / Return Rank: 88
JADE Sharpe Ratio Rank: 90
JADE Sortino Ratio Rank: 87
JADE Omega Ratio Rank: 89
JADE Calmar Ratio Rank: 85
JADE Martin Ratio Rank: 88

JEPI

JEPI Risk / Return Rank: 26
JEPI Sharpe Ratio Rank: 27
JEPI Sortino Ratio Rank: 26
JEPI Omega Ratio Rank: 26
JEPI Calmar Ratio Rank: 24
JEPI Martin Ratio Rank: 26

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.

JADE vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Developing Markets Equity ETF (JADE) 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.

	JADE	JEPI	Difference
Sharpe ratio Return per unit of total volatility	3.12	0.99	+2.13
Sortino ratio Return per unit of downside risk	3.95	1.47	+2.48
Omega ratio Gain probability vs. loss probability	1.57	1.18	+0.38
Calmar ratio Return relative to maximum drawdown	4.69	1.16	+3.53
Martin ratio Return relative to average drawdown	19.53	3.73	+15.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JADE vs. JEPI - Sharpe Ratio Comparison

The current JADE Sharpe Ratio is 3.12, which is higher than the JEPI Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of JADE 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.

Sharpe Ratios by Period

	JADE	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.12	0.99	+2.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.62	1.01	+0.61

Drawdowns

JADE vs. JEPI - Drawdown Comparison

The maximum JADE drawdown since its inception was -16.71%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for JADE and JEPI.

Drawdown Indicators

	JADE	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-16.71%	-13.71%	-3.00%
Max Drawdown (1Y) Largest decline over 1 year	-12.80%	-6.68%	-6.12%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.71%	—
Current Drawdown Current decline from peak	-1.18%	-4.83%	+3.65%
Average Drawdown Average peak-to-trough decline	-3.22%	-2.12%	-1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	2.07%	+1.00%

Volatility

JADE vs. JEPI - Volatility Comparison

JPMorgan Active Developing Markets Equity ETF (JADE) has a higher volatility of 8.13% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.35%. This indicates that JADE'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.

Volatility by Period

	JADE	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.13%	1.35%	+6.78%
Volatility (6M) Calculated over the trailing 6-month period	16.48%	6.07%	+10.41%
Volatility (1Y) Calculated over the trailing 1-year period	19.25%	7.85%	+11.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.39%	11.06%	+8.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.39%	10.80%	+8.59%

JADE vs. JEPI - Expense Ratio Comparison

JADE has a 0.65% expense ratio, which is higher than JEPI's 0.35% expense ratio.

Dividends

JADE vs. JEPI - Dividend Comparison

JADE's dividend yield for the trailing twelve months is around 1.78%, less than JEPI's 8.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
JADE JPMorgan Active Developing Markets Equity ETF	1.78%	2.29%	1.49%	0.00%	0.00%	0.00%	0.00%
JEPI JPMorgan Equity Premium Income ETF	8.27%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%

Frequently Asked Questions

Can I hold both JADE and JEPI in my portfolio?

JADE and JEPI have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JADE or JEPI?

JADE has higher volatility (8.13%) compared to JEPI (1.35%). In terms of maximum drawdown, JADE dropped -16.71% vs JEPI's -13.71%.

Which ETF is better, JADE or JEPI?

On 1-year performance, JADE leads with 59.71% vs 7.70% for JEPI. On fees, JEPI is cheaper at 0.35% per year. On volatility, JEPI has been the lower-risk option at 1.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JADE or JEPI?

Over the 1-year period, JADE has performed better with a 59.71% return vs 7.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JADE or JEPI?

JEPI is cheaper with a 0.35% expense ratio, compared with 0.65% for JADE.

Which ETF pays a higher dividend yield, JADE or JEPI?

JEPI has the higher dividend yield at 8.27%, compared with 1.78% for JADE.

What is the main difference between JADE and JEPI?

JADE is categorized as Emerging Markets Diversified, while JEPI is Dividend. Their fees differ too: 0.65% for JADE and 0.35% for JEPI.

Which has better risk-adjusted returns?

JADE currently has the higher Sharpe Ratio (3.12 vs 0.99), 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.