JEPE.L vs. AMDI.L

Last updated Jun 5, 2026

JEPE.L (JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist)) and AMDI.L (IncomeShares AMD Options ETP) are both Derivative Income funds. Both are actively managed. At a 0.37 correlation, their price movements are largely independent. JEPE.L charges 0.35%/yr vs 0.55%/yr for AMDI.L.

Performance

JEPE.L vs. AMDI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist) (JEPE.L) and IncomeShares AMD Options ETP (AMDI.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

JEPE.L

• 1D: 0.20%
• 1M: 1.48%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDI.L

• 1D: -0.98%
• 1M: 16.48%
• YTD: 37.56%
• 6M: 34.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEPE.L vs. AMDI.L - Yearly Performance Comparison

	2026 (YTD)
JEPE.L JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist)	0.25%
AMDI.L IncomeShares AMD Options ETP	70.00%

Correlation

The correlation between JEPE.L and AMDI.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 23, 2026	0.37

Return for Risk

JEPE.L vs. AMDI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist) (JEPE.L) and IncomeShares AMD Options ETP (AMDI.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	JEPE.L	AMDI.L	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	1.09	-1.04

Drawdowns

JEPE.L vs. AMDI.L - Drawdown Comparison

The maximum JEPE.L drawdown since its inception was -8.60%, smaller than the maximum AMDI.L drawdown of -45.90%. Use the drawdown chart below to compare losses from any high point for JEPE.L and AMDI.L.

Drawdown Indicators

	JEPE.L	AMDI.L	Difference
Max Drawdown Largest peak-to-trough decline	-8.60%	-45.90%	+37.30%
Current Drawdown Current decline from peak	-0.46%	-7.82%	+7.36%
Average Drawdown Average peak-to-trough decline	-3.04%	-19.66%	+16.62%

Volatility

Volatility by Period

	JEPE.L	AMDI.L	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.04%	55.89%	-40.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.04%	55.89%	-40.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.04%	55.89%	-40.85%

JEPE.L vs. AMDI.L - Expense Ratio Comparison

JEPE.L has a 0.35% expense ratio, which is lower than AMDI.L's 0.55% expense ratio.

Dividends

JEPE.L vs. AMDI.L - Dividend Comparison

JEPE.L's dividend yield for the trailing twelve months is around 2.30%, more than AMDI.L's 0.34% yield.

Position	TTM	2025
AMDI.L IncomeShares AMD Options ETP	0.34%	0.09%
JEPE.L JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist)	2.30%	0.00%

Frequently Asked Questions

Can I hold both JEPE.L and AMDI.L in my portfolio?

JEPE.L and AMDI.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JEPE.L or AMDI.L?

On fees, JEPE.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEPE.L or AMDI.L?

JEPE.L is cheaper with a 0.35% expense ratio, compared with 0.55% for AMDI.L.

What is the main difference between JEPE.L and AMDI.L?

They also come from different issuers: JPMorgan and Leverage Shares. Their fees differ too: 0.35% for JEPE.L and 0.55% for AMDI.L.