JEPAX vs. JEPIX
Compare and contrast key facts about JPMorgan Equity Premium Income Fund Class A (JEPAX) and JPMorgan Equity Premium Income Fund Class I (JEPIX).
JEPAX is managed by JPMorgan. It was launched on Aug 31, 2018. JEPIX is managed by JPMorgan Chase. It was launched on Aug 31, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JEPAX or JEPIX.
Key characteristics
| JEPAX | JEPIX | |
|---|---|---|
| YTD Return | 15.95% | 16.13% |
| 1Y Return | 19.65% | 19.94% |
| 3Y Return (Ann) | 7.83% | 8.10% |
| 5Y Return (Ann) | 9.67% | 9.95% |
| Sharpe Ratio | 2.75 | 2.80 |
| Sortino Ratio | 3.97 | 4.05 |
| Omega Ratio | 1.56 | 1.58 |
| Calmar Ratio | 5.00 | 5.11 |
| Martin Ratio | 18.20 | 18.83 |
| Ulcer Index | 1.08% | 1.06% |
| Daily Std Dev | 7.16% | 7.14% |
| Max Drawdown | -32.68% | -32.63% |
| Current Drawdown | -0.13% | -0.13% |
Correlation
The correlation between JEPAX and JEPIX is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JEPAX vs. JEPIX - Performance Comparison
The year-to-date returns for both investments are quite close, with JEPAX having a 15.95% return and JEPIX slightly higher at 16.13%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JEPAX vs. JEPIX - Expense Ratio Comparison
JEPAX has a 0.85% expense ratio, which is higher than JEPIX's 0.63% expense ratio.
Risk-Adjusted Performance
JEPAX vs. JEPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income Fund Class A (JEPAX) and JPMorgan Equity Premium Income Fund Class I (JEPIX). 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.
Dividends
JEPAX vs. JEPIX - Dividend Comparison
JEPAX's dividend yield for the trailing twelve months is around 6.66%, less than JEPIX's 6.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
JEPAX JPMorgan Equity Premium Income Fund Class A | 6.66% | 8.19% | 11.97% | 7.36% | 11.35% | 7.51% |
JEPIX JPMorgan Equity Premium Income Fund Class I | 6.89% | 8.43% | 12.24% | 7.58% | 11.59% | 7.71% |
Drawdowns
JEPAX vs. JEPIX - Drawdown Comparison
The maximum JEPAX drawdown since its inception was -32.68%, roughly equal to the maximum JEPIX drawdown of -32.63%. Use the drawdown chart below to compare losses from any high point for JEPAX and JEPIX. For additional features, visit the drawdowns tool.
Volatility
JEPAX vs. JEPIX - Volatility Comparison
JPMorgan Equity Premium Income Fund Class A (JEPAX) and JPMorgan Equity Premium Income Fund Class I (JEPIX) have volatilities of 1.80% and 1.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.