JEIP.DE vs. FUSD.L

Last updated Jun 5, 2026

JEIP.DE (JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist)) and FUSD.L (Fidelity US Quality Income ETF Inc) are both exchange-traded funds - JEIP.DE is a Derivative Income fund actively managed by JPMorgan, while FUSD.L is a Large Cap Blend Equities fund tracking the Fidelity US Quality Income Index NR. JEIP.DE is actively managed, while FUSD.L is passively managed. Over the past year, JEIP.DE returned 6.67% vs 21.63% for FUSD.L. A 0.64 correlation means they provide meaningful diversification when combined. JEIP.DE charges 0.35%/yr vs 0.25%/yr for FUSD.L.

Performance

JEIP.DE vs. FUSD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist) (JEIP.DE) and Fidelity US Quality Income ETF Inc (FUSD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JEIP.DE is traded in EUR, while FUSD.L is traded in USD. To make them comparable, the FUSD.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, JEIP.DE achieves a 1.23% return, which is significantly lower than FUSD.L's 9.20% return.

JEIP.DE

• 1D: 0.31%
• 1M: -0.31%
• YTD: 1.23%
• 6M: 1.31%
• 1Y: 6.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FUSD.L

• 1D: -0.14%
• 1M: 4.23%
• YTD: 9.20%
• 6M: 9.25%
• 1Y: 21.63%
• 3Y*: 14.88%
• 5Y*: 12.79%
• 10Y*: —

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

JEIP.DE vs. FUSD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JEIP.DE JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist)	1.23%	-4.10%	-3.58%
FUSD.L Fidelity US Quality Income ETF Inc	9.20%	2.63%	5.18%

Correlation

The correlation between JEIP.DE and FUSD.L is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (All Time) Calculated using the full available price history since Nov 5, 2024	0.64

The correlation between JEIP.DE and FUSD.L has been stable across timeframes, ranging from 0.60 to 0.64 - a consistent structural relationship.

Return for Risk

JEIP.DE vs. FUSD.L — Risk / Return Rank

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

JEIP.DE

JEIP.DE Risk / Return Rank: 25
JEIP.DE Sharpe Ratio Rank: 24
JEIP.DE Sortino Ratio Rank: 23
JEIP.DE Omega Ratio Rank: 23
JEIP.DE Calmar Ratio Rank: 29
JEIP.DE Martin Ratio Rank: 27

FUSD.L

FUSD.L Risk / Return Rank: 71
FUSD.L Sharpe Ratio Rank: 71
FUSD.L Sortino Ratio Rank: 80
FUSD.L Omega Ratio Rank: 71
FUSD.L Calmar Ratio Rank: 61
FUSD.L Martin Ratio Rank: 71

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.

JEIP.DE vs. FUSD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist) (JEIP.DE) and Fidelity US Quality Income ETF Inc (FUSD.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.

	JEIP.DE	FUSD.L	Difference
Sharpe ratio: Return per unit of total volatility	0.81	1.95	-1.14
Sortino ratio: Return per unit of downside risk	1.21	2.79	-1.59
Omega ratio: Gain probability vs. loss probability	1.14	1.37	-0.22
Calmar ratio: Return relative to maximum drawdown	1.36	4.06	-2.70
Martin ratio: Return relative to average drawdown	3.69	14.95	-11.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JEIP.DE vs. FUSD.L - Sharpe Ratio Comparison

The current JEIP.DE Sharpe Ratio is 0.81, which is lower than the FUSD.L Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of JEIP.DE and FUSD.L, 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

	JEIP.DE	FUSD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	1.95	-1.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	0.78	-1.10

Drawdowns

JEIP.DE vs. FUSD.L - Drawdown Comparison

The maximum JEIP.DE drawdown since its inception was -19.56%, smaller than the maximum FUSD.L drawdown of -35.16%. Use the drawdown chart below to compare losses from any high point for JEIP.DE and FUSD.L.

Drawdown Indicators

	JEIP.DE	FUSD.L	Difference
Max Drawdown Largest peak-to-trough decline	-19.56%	-35.16%	+15.60%
Max Drawdown (1Y) Largest decline over 1 year	-4.88%	-5.30%	+0.42%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.73%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.73%	—
Current Drawdown Current decline from peak	-7.15%	-0.14%	-7.01%
Average Drawdown Average peak-to-trough decline	-8.26%	-4.39%	-3.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	1.44%	+0.36%

Volatility

JEIP.DE vs. FUSD.L - Volatility Comparison

The current volatility for JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist) (JEIP.DE) is 2.47%, while Fidelity US Quality Income ETF Inc (FUSD.L) has a volatility of 2.85%. This indicates that JEIP.DE experiences smaller price fluctuations and is considered to be less risky than FUSD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEIP.DE	FUSD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.47%	2.85%	-0.38%
Volatility (6M) Calculated over the trailing 6-month period	5.52%	7.77%	-2.25%
Volatility (1Y) Calculated over the trailing 1-year period	8.16%	11.02%	-2.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.09%	14.65%	-1.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.09%	16.12%	-3.03%

JEIP.DE vs. FUSD.L - Expense Ratio Comparison

JEIP.DE has a 0.35% expense ratio, which is higher than FUSD.L's 0.25% expense ratio.

Dividends

JEIP.DE vs. FUSD.L - Dividend Comparison

JEIP.DE's dividend yield for the trailing twelve months is around 8.31%, more than FUSD.L's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FUSD.L Fidelity US Quality Income ETF Inc	1.42%	1.47%	1.85%	2.10%	2.31%	2.30%	2.30%	1.95%	2.19%	1.24%
JEIP.DE JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist)	8.31%	7.31%	0.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JEIP.DE and FUSD.L in my portfolio?

JEIP.DE and FUSD.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JEIP.DE or FUSD.L?

On fees, FUSD.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEIP.DE or FUSD.L?

FUSD.L is cheaper with a 0.25% expense ratio, compared with 0.35% for JEIP.DE.

What is the main difference between JEIP.DE and FUSD.L?

JEIP.DE is categorized as Derivative Income, while FUSD.L is Large Cap Blend Equities. They also come from different issuers: JPMorgan and Fidelity. Their fees differ too: 0.35% for JEIP.DE and 0.25% for FUSD.L.