JDIV vs. JPIE

Last updated Jun 26, 2026

JDIV (JPMorgan Dividend Leaders ETF) and JPIE (JPMorgan Income ETF) are both exchange-traded funds - JDIV is a Global Equities fund actively managed by JPMorgan, while JPIE is a Multisector Bonds fund actively managed by JPMorgan. Both are actively managed. Over the past year, JDIV returned 11.89% vs 5.37% for JPIE. At a 0.41 correlation, their price movements are largely independent. JDIV charges 0.47%/yr vs 0.40%/yr for JPIE.

Performance

JDIV vs. JPIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Dividend Leaders ETF (JDIV) and JPMorgan Income ETF (JPIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JDIV achieves a 4.70% return, which is significantly higher than JPIE's 1.76% return.

JDIV

• 1D: 0.42%
• 1M: -0.82%
• YTD: 4.70%
• 6M: 4.24%
• 1Y: 11.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPIE

• 1D: 0.11%
• 1M: 0.57%
• YTD: 1.76%
• 6M: 1.83%
• 1Y: 5.37%
• 3Y*: 6.67%
• 5Y*: —
• 10Y*: —

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

JDIV vs. JPIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JDIV JPMorgan Dividend Leaders ETF	4.70%	18.98%	-5.07%
JPIE JPMorgan Income ETF	1.76%	7.39%	0.33%

Correlation

The correlation between JDIV and JPIE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (All Time) Calculated using the full available price history since Sep 26, 2024	0.41

Return for Risk

JDIV vs. JPIE — Risk / Return Rank

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

JDIV

JDIV Risk / Return Rank: 30
JDIV Sharpe Ratio Rank: 29
JDIV Sortino Ratio Rank: 28
JDIV Omega Ratio Rank: 28
JDIV Calmar Ratio Rank: 28
JDIV Martin Ratio Rank: 36

JPIE

JPIE Risk / Return Rank: 94
JPIE Sharpe Ratio Rank: 95
JPIE Sortino Ratio Rank: 96
JPIE Omega Ratio Rank: 96
JPIE Calmar Ratio Rank: 89
JPIE Martin Ratio Rank: 94

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.

JDIV vs. JPIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Dividend Leaders ETF (JDIV) and JPMorgan Income ETF (JPIE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JDIV	JPIE	Difference
Sharpe ratio: Return per unit of total volatility	0.98	3.35	-2.37
Sortino ratio: Return per unit of downside risk	1.44	5.17	-3.73
Omega ratio: Gain probability vs. loss probability	1.18	1.75	-0.56
Calmar ratio: Return relative to maximum drawdown	1.29	4.70	-3.41
Martin ratio: Return relative to average drawdown	5.04	22.87	-17.83

JDIV vs. JPIE - Sharpe Ratio Comparison

The current JDIV Sharpe Ratio is 0.98, which is lower than the JPIE Sharpe Ratio of 3.35. The chart below compares the historical Sharpe Ratios of JDIV and JPIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JDIV vs. JPIE - Drawdown Comparison

The maximum JDIV drawdown since its inception was -13.34%, which is greater than JPIE's maximum drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for JDIV and JPIE.

Drawdown Indicators

	JDIV	JPIE	Difference
Max Drawdown Largest peak-to-trough decline	-13.34%	-9.96%	-3.38%
Max Drawdown (1Y) Largest decline over 1 year	-9.28%	-1.15%	-8.13%
Max Drawdown (3Y) Largest decline over 3 years	—	-2.40%	—
Current Drawdown Current decline from peak	-1.84%	-0.07%	-1.77%
Average Drawdown Average peak-to-trough decline	-1.99%	-2.07%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	0.24%	+2.13%

Volatility

JDIV vs. JPIE - Volatility Comparison

JPMorgan Dividend Leaders ETF (JDIV) has a higher volatility of 4.43% compared to JPMorgan Income ETF (JPIE) at 0.58%. This indicates that JDIV's price experiences larger fluctuations and is considered to be riskier than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDIV	JPIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.43%	0.58%	+3.85%
Volatility (6M) Calculated over the trailing 6-month period	10.16%	1.35%	+8.81%
Volatility (1Y) Calculated over the trailing 1-year period	12.15%	1.61%	+10.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.20%	3.51%	+10.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.20%	3.51%	+10.69%

JDIV vs. JPIE - Expense Ratio Comparison

JDIV has a 0.47% expense ratio, which is higher than JPIE's 0.40% expense ratio.

Dividends

JDIV vs. JPIE - Dividend Comparison

JDIV's dividend yield for the trailing twelve months is around 2.14%, less than JPIE's 5.60% yield.

Position	TTM	2025	2024	2023	2022	2021
JDIV JPMorgan Dividend Leaders ETF	2.14%	2.15%	0.36%	0.00%	0.00%	0.00%
JPIE JPMorgan Income ETF	5.60%	5.65%	6.11%	5.70%	4.49%	0.63%

Frequently Asked Questions

Can I hold both JDIV and JPIE in my portfolio?

JDIV and JPIE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JDIV or JPIE?

JDIV has higher volatility (4.43%) compared to JPIE (0.58%). In terms of maximum drawdown, JDIV dropped -13.34% vs JPIE's -9.96%.

Which ETF is better, JDIV or JPIE?

On 1-year performance, JDIV leads with 11.89% vs 5.37% for JPIE. On fees, JPIE is cheaper at 0.40% per year. On volatility, JPIE has been the lower-risk option at 0.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JDIV or JPIE?

Over the 1-year period, JDIV has performed better with a 11.89% return vs 5.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JDIV or JPIE?

JPIE is cheaper with a 0.40% expense ratio, compared with 0.47% for JDIV.

Which ETF pays a higher dividend yield, JDIV or JPIE?

JPIE has the higher dividend yield at 5.60%, compared with 2.14% for JDIV.

What is the main difference between JDIV and JPIE?

JDIV is categorized as Global Equities, while JPIE is Multisector Bonds. Their fees differ too: 0.47% for JDIV and 0.40% for JPIE.

Which has better risk-adjusted returns?

JPIE currently has the higher Sharpe Ratio (3.35 vs 0.98), 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.