JEPG.L vs. JEPI

Last updated Jun 5, 2026

JEPG.L (JPM Global Equity Premium Income Active UCITS ETF - USD Dist) and JEPI (JPMorgan Equity Premium Income ETF) are both exchange-traded funds - JEPG.L is a Global Equities fund actively managed by JPMorgan, while JEPI is a Dividend fund actively managed by JPMorgan. Both are actively managed. Over the past year, JEPG.L returned 1.21% vs 7.86% for JEPI. At a 0.30 correlation, their price movements are largely independent. Both charge a 0.35% expense ratio.

Performance

JEPG.L vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.L) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEPG.L achieves a -2.64% return, which is significantly lower than JEPI's 0.35% return.

JEPG.L

• 1D: 0.03%
• 1M: -1.49%
• YTD: -2.64%
• 6M: -1.72%
• 1Y: 1.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPI

• 1D: -0.34%
• 1M: -1.01%
• YTD: 0.35%
• 6M: 0.76%
• 1Y: 7.86%
• 3Y*: 9.00%
• 5Y*: 7.30%
• 10Y*: —

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

JEPG.L vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JEPG.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist	-2.64%	12.39%	7.83%	1.63%
JEPI JPMorgan Equity Premium Income ETF	0.35%	8.09%	12.57%	1.80%

Correlation

The correlation between JEPG.L and JEPI is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023	0.30

JEPG.L vs. JEPI - Sectors Allocation Comparison

Sectors	JEPG.L	JEPI
Technology	21.1%	19.1%
Financial Services	13.6%	9.8%
Healthcare	13.4%	14.1%
Communication Services	11.3%	6.9%
Consumer Defensive	10.2%	9.6%
Utilities	8.3%	6.2%
Industrials	6.7%	13.8%
Consumer Cyclical	5.9%	11.7%
Basic Materials	4.7%	1.9%
Real Estate	2.2%	3.5%
Energy	1.6%	3.5%

Return for Risk

JEPG.L vs. JEPI — Risk / Return Rank

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

JEPG.L

JEPG.L Risk / Return Rank: 10
JEPG.L Sharpe Ratio Rank: 10
JEPG.L Sortino Ratio Rank: 10
JEPG.L Omega Ratio Rank: 9
JEPG.L Calmar Ratio Rank: 10
JEPG.L Martin Ratio Rank: 10

JEPI

JEPI Risk / Return Rank: 27
JEPI Sharpe Ratio Rank: 29
JEPI Sortino Ratio Rank: 28
JEPI Omega Ratio Rank: 28
JEPI Calmar Ratio Rank: 25
JEPI Martin Ratio Rank: 27

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.

JEPG.L vs. JEPI - 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 (JEPG.L) and JPMorgan Equity Premium Income ETF (JEPI). 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.

	JEPG.L	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	0.08	1.00	-0.92
Sortino ratio: Return per unit of downside risk	0.18	1.49	-1.32
Omega ratio: Gain probability vs. loss probability	1.02	1.18	-0.16
Calmar ratio: Return relative to maximum drawdown	0.09	1.18	-1.09
Martin ratio: Return relative to average drawdown	0.23	3.74	-3.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JEPG.L vs. JEPI - Sharpe Ratio Comparison

The current JEPG.L Sharpe Ratio is 0.08, which is lower than the JEPI Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of JEPG.L and JEPI, 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

	JEPG.L	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	1.00	-0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	1.01	-0.32

Drawdowns

JEPG.L vs. JEPI - Drawdown Comparison

The maximum JEPG.L drawdown since its inception was -8.41%, smaller than the maximum JEPI drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for JEPG.L and JEPI.

Drawdown Indicators

	JEPG.L	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-8.41%	-13.71%	+5.30%
Max Drawdown (1Y) Largest decline over 1 year	-8.41%	-6.68%	-1.73%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.71%	—
Current Drawdown Current decline from peak	-7.98%	-4.64%	-3.34%
Average Drawdown Average peak-to-trough decline	-1.70%	-2.12%	+0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	2.11%	+1.09%

Volatility

JEPG.L vs. JEPI - Volatility Comparison

JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.L) has a higher volatility of 2.69% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.49%. This indicates that JEPG.L's price experiences larger fluctuations and is considered to be riskier than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEPG.L	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.69%	1.49%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	6.64%	6.08%	+0.56%
Volatility (1Y) Calculated over the trailing 1-year period	9.19%	7.88%	+1.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.97%	11.05%	-0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.97%	10.79%	+0.18%

JEPG.L vs. JEPI - Expense Ratio Comparison

Both JEPG.L and JEPI have an expense ratio of 0.35%.

Dividends

JEPG.L vs. JEPI - Dividend Comparison

JEPG.L's dividend yield for the trailing twelve months is around 8.88%, more than JEPI's 8.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
JEPG.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist	8.88%	7.86%	6.50%	0.00%	0.00%	0.00%	0.00%
JEPI JPMorgan Equity Premium Income ETF	8.26%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%

Frequently Asked Questions

Can I hold both JEPG.L and JEPI in my portfolio?

JEPG.L and JEPI have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JEPG.L or JEPI?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEPG.L or JEPI?

JEPG.L and JEPI have the same expense ratio: 0.35% per year.

What is the main difference between JEPG.L and JEPI?

JEPG.L is categorized as Global Equities, while JEPI is Dividend.