JEGA.L vs. MAGD.L

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc) (JEGA.L) and IncomeShares Magnificent 7 Options ETP (MAGD.L).

JEGA.L and MAGD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JEGA.L is an actively managed fund by JPMorgan. It was launched on Nov 30, 2023. MAGD.L is an actively managed fund by Leverage Shares. It was launched on Jun 27, 2025.

Performance

JEGA.L vs. MAGD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc) (JEGA.L) and IncomeShares Magnificent 7 Options ETP (MAGD.L). The values are adjusted to include any dividend payments, if applicable.

JEGA.L vs. MAGD.L - Yearly Performance Comparison

	2026 (YTD)	2025
JEGA.L JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc)	0.91%	3.85%
MAGD.L IncomeShares Magnificent 7 Options ETP	-19.75%	10.94%

Returns By Period

In the year-to-date period, JEGA.L achieves a 0.91% return, which is significantly higher than MAGD.L's -19.75% return.

JEGA.L

• 1D: 1.28%
• 1M: -3.84%
• YTD: 0.91%
• 6M: 2.79%
• 1Y: 4.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGD.L

• 1D: -0.82%
• 1M: -5.00%
• YTD: -19.75%
• 6M: -19.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEGA.L vs. MAGD.L - Expense Ratio Comparison

JEGA.L has a 0.35% expense ratio, which is lower than MAGD.L's 0.45% expense ratio.

MAGD.L

IncomeShares Magnificent 7 Options ETP

JEGA.L

JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc)

Return for Risk

JEGA.L vs. MAGD.L — Risk / Return Rank

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

JEGA.L

JEGA.L Risk / Return Rank: 22
JEGA.L Sharpe Ratio Rank: 21
JEGA.L Sortino Ratio Rank: 19
JEGA.L Omega Ratio Rank: 21
JEGA.L Calmar Ratio Rank: 22
JEGA.L Martin Ratio Rank: 25

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.

JEGA.L vs. MAGD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc) (JEGA.L) and IncomeShares Magnificent 7 Options ETP (MAGD.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.

	JEGA.L	MAGD.L	Difference
Sharpe ratio Return per unit of total volatility	0.37	—	—
Sortino ratio Return per unit of downside risk	0.55	—	—
Omega ratio Gain probability vs. loss probability	1.09	—	—
Calmar ratio Return relative to maximum drawdown	0.55	—	—
Martin ratio Return relative to average drawdown	2.19	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JEGA.L	MAGD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.02	-0.70	+1.73

Correlation

The correlation between JEGA.L and MAGD.L is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

JEGA.L vs. MAGD.L - Dividend Comparison

JEGA.L has not paid dividends to shareholders, while MAGD.L's dividend yield for the trailing twelve months is around 0.25%.

	TTM	2025
JEGA.L JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc)	0.00%	0.00%
MAGD.L IncomeShares Magnificent 7 Options ETP	0.25%	0.07%

Drawdowns

JEGA.L vs. MAGD.L - Drawdown Comparison

The maximum JEGA.L drawdown since its inception was -7.93%, smaller than the maximum MAGD.L drawdown of -27.28%. Use the drawdown chart below to compare losses from any high point for JEGA.L and MAGD.L.

Drawdown Indicators

	JEGA.L	MAGD.L	Difference
Max Drawdown Largest peak-to-trough decline	-7.93%	-27.28%	+19.35%
Max Drawdown (1Y) Largest decline over 1 year	-7.92%	—	—
Current Drawdown Current decline from peak	-4.46%	-26.11%	+21.65%
Average Drawdown Average peak-to-trough decline	-1.21%	-8.36%	+7.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	—	—

Volatility

Volatility by Period

	JEGA.L	MAGD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.22%	20.09%	-8.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.56%	20.09%	-10.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.56%	20.09%	-10.53%