JEIP.L vs. JMBP.L
JEIP.L (JPM US Equity Premium Income Active UCITS ETF USD Dist) and JMBP.L (JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF GBP Hedged (dist)) are both exchange-traded funds - JEIP.L is a Derivative Income fund actively managed by JPMorgan, while JMBP.L is a Emerging Markets Bonds fund tracking the JP Morgan Emerging Markets Risk-Aware Bond (GBP Hedged). JEIP.L is actively managed, while JMBP.L is passively managed. Over the past year, JEIP.L returned 9.32% vs 10.82% for JMBP.L. At a 0.12 correlation, their price movements are largely independent. JEIP.L charges 0.35%/yr vs 0.39%/yr for JMBP.L.
Performance
JEIP.L vs. JMBP.L - Performance Comparison
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Different Trading Currencies
JEIP.L is traded in GBp, while JMBP.L is traded in GBP. To make them comparable, the JMBP.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JEIP.L achieves a 0.23% return, which is significantly lower than JMBP.L's 1.62% return.
JEIP.L
- 1D
- 0.14%
- 1M
- -0.02%
- YTD
- 0.23%
- 6M
- 0.29%
- 1Y
- 9.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JMBP.L
- 1D
- 0.24%
- 1M
- 1.00%
- YTD
- 1.62%
- 6M
- 1.99%
- 1Y
- 10.82%
- 3Y*
- 7.54%
- 5Y*
- 0.77%
- 10Y*
- —
JEIP.L vs. JMBP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist | 0.23% | 0.86% | 0.59% |
JMBP.L JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF GBP Hedged (dist) | 1.62% | 13.12% | -0.31% |
Correlation
The correlation between JEIP.L and JMBP.L is 0.06, 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 | 0.06 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2024 | 0.12 |
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Return for Risk
JEIP.L vs. JMBP.L — Risk / Return Rank
JEIP.L
JMBP.L
JEIP.L vs. JMBP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.L) and JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF GBP Hedged (dist) (JMBP.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.L | JMBP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.39 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 2.38 | -0.88 |
| Martin ratioReturn relative to average drawdown | 4.37 | 10.19 | -5.82 |
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
| JEIP.L | JMBP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.99 | -0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.11 | -0.01 |
Drawdowns
JEIP.L vs. JMBP.L - Drawdown Comparison
The maximum JEIP.L drawdown since its inception was -15.73%, smaller than the maximum JMBP.L drawdown of -27.19%. Use the drawdown chart below to compare losses from any high point for JEIP.L and JMBP.L.
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Drawdown Indicators
| JEIP.L | JMBP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.73% | -27.19% | +11.46% |
Max Drawdown (1Y)Largest decline over 1 year | -6.18% | -4.52% | -1.66% |
Max Drawdown (3Y)Largest decline over 3 years | — | -7.61% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.88% | — |
Current DrawdownCurrent decline from peak | -4.46% | -0.08% | -4.38% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -9.99% | +4.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 1.06% | +1.07% |
Volatility
JEIP.L vs. JMBP.L - Volatility Comparison
JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.L) has a higher volatility of 2.64% compared to JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF GBP Hedged (dist) (JMBP.L) at 1.96%. This indicates that JEIP.L's price experiences larger fluctuations and is considered to be riskier than JMBP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEIP.L | JMBP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.64% | 1.96% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 6.23% | 4.53% | +1.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.39% | 5.44% | +2.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.22% | 8.49% | +2.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.22% | 10.58% | +0.64% |
JEIP.L vs. JMBP.L - Expense Ratio Comparison
JEIP.L has a 0.35% expense ratio, which is lower than JMBP.L's 0.39% expense ratio.
Dividends
JEIP.L vs. JMBP.L - Dividend Comparison
JEIP.L's dividend yield for the trailing twelve months is around 8.32%, more than JMBP.L's 5.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist | 8.32% | 7.18% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% |
JMBP.L JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF GBP Hedged (dist) | 5.75% | 5.61% | 5.83% | 5.24% | 5.16% | 3.70% | 4.42% |
Frequently Asked Questions
JEIP.L and JMBP.L have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEIP.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEIP.L is cheaper with a 0.35% expense ratio, compared with 0.39% for JMBP.L.
JEIP.L is categorized as Derivative Income, while JMBP.L is Emerging Markets Bonds. Their fees differ too: 0.35% for JEIP.L and 0.39% for JMBP.L.
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