JEGP.L vs. JHYP.L
JEGP.L (JPM Global Equity Premium Income Active UCITS ETF - USD Dist) and JHYP.L (JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist)) are both exchange-traded funds - JEGP.L is a Global Equity Income fund actively managed by JPMorgan, while JHYP.L is a High Yield Bonds fund tracking the ICE BofA Gbl HY Constnd TR HGBP. JEGP.L is actively managed, while JHYP.L is passively managed. Over the past year, JEGP.L returned 2.35% vs 8.43% for JHYP.L. At a 0.05 correlation, their price movements are largely independent. Both charge a 0.35% expense ratio.
Performance
JEGP.L vs. JHYP.L - Performance Comparison
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Different Trading Currencies
JEGP.L is traded in GBp, while JHYP.L is traded in GBP. To make them comparable, the JHYP.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JEGP.L achieves a -1.87% return, which is significantly lower than JHYP.L's 2.14% return.
JEGP.L
- 1D
- 0.49%
- 1M
- 0.98%
- YTD
- -1.87%
- 6M
- -1.08%
- 1Y
- 2.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JHYP.L
- 1D
- 0.13%
- 1M
- 0.65%
- YTD
- 2.14%
- 6M
- 2.89%
- 1Y
- 8.43%
- 3Y*
- 8.74%
- 5Y*
- 3.69%
- 10Y*
- —
JEGP.L vs. JHYP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JEGP.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist | -1.87% | 4.70% | 9.52% | 0.47% |
JHYP.L JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist) | 2.14% | 9.26% | 7.69% | 2.53% |
Correlation
The correlation between JEGP.L and JHYP.L is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023 | 0.05 |
The correlation between JEGP.L and JHYP.L shifts across timeframes, from -0.07 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JEGP.L vs. JHYP.L — Risk / Return Rank
JEGP.L
JHYP.L
JEGP.L vs. JHYP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.L) and JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist) (JHYP.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.
| JEGP.L | JHYP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.77 | ||
| Sortino ratioReturn per unit of downside risk | -2.80 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.38 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 3.41 | -3.15 |
| Martin ratioReturn relative to average drawdown | 0.75 | 14.15 | -13.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JEGP.L | JHYP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.28 | 2.05 | -1.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.66 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.01 | -0.46 |
Drawdowns
JEGP.L vs. JHYP.L - Drawdown Comparison
The maximum JEGP.L drawdown since its inception was -9.25%, smaller than the maximum JHYP.L drawdown of -15.44%. Use the drawdown chart below to compare losses from any high point for JEGP.L and JHYP.L.
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Drawdown Indicators
| JEGP.L | JHYP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.25% | -15.44% | +6.19% |
Max Drawdown (1Y)Largest decline over 1 year | -9.25% | -2.46% | -6.79% |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.44% | — |
Current DrawdownCurrent decline from peak | -7.31% | -0.03% | -7.28% |
Average DrawdownAverage peak-to-trough decline | -2.69% | -3.22% | +0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 0.59% | +2.55% |
Volatility
JEGP.L vs. JHYP.L - Volatility Comparison
JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEGP.L) has a higher volatility of 2.79% compared to JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist) (JHYP.L) at 1.06%. This indicates that JEGP.L's price experiences larger fluctuations and is considered to be riskier than JHYP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEGP.L | JHYP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 1.06% | +1.73% |
Volatility (6M)Calculated over the trailing 6-month period | 6.65% | 2.73% | +3.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.46% | 4.10% | +4.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.29% | 5.62% | +3.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.29% | 5.68% | +3.61% |
JEGP.L vs. JHYP.L - Expense Ratio Comparison
Both JEGP.L and JHYP.L have an expense ratio of 0.35%.
Dividends
JEGP.L vs. JHYP.L - Dividend Comparison
JEGP.L's dividend yield for the trailing twelve months is around 8.82%, more than JHYP.L's 5.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
JEGP.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist | 8.82% | 8.01% | 6.39% | 0.00% | 0.00% | 0.00% | 0.00% |
JHYP.L JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist) | 5.97% | 6.58% | 5.96% | 8.55% | 5.62% | 4.37% | 0.69% |
Frequently Asked Questions
JEGP.L and JHYP.L have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
JEGP.L and JHYP.L have the same expense ratio: 0.35% per year.
JEGP.L is categorized as Global Equity Income, while JHYP.L is High Yield Bonds.
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