JEPI vs. DGRE

Last updated Aug 5, 2026

JEPI (JPMorgan Equity Premium Income ETF) and DGRE (WisdomTree Emerging Markets Quality Dividend Growth Fund) are both exchange-traded funds - JEPI is a Dividend fund actively managed by JPMorgan, while DGRE is a Quality Factor fund actively managed by WisdomTree. Both are actively managed. Over the past 5 years, JEPI returned 7.44%/yr vs 8.78%/yr for DGRE. Their 0.42 correlation means their historical movements had little consistent relationship. JEPI charges 0.35%/yr vs 0.32%/yr for DGRE.

Performance

JEPI vs. DGRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Premium Income ETF (JEPI) and WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEPI achieves a 5.04% return, which is significantly lower than DGRE's 27.72% return.

JEPI

• 1D: 0.00%
• 1M: 1.78%
• 6M: 2.60%
• YTD: 5.04%
• 1Y: 10.49%
• 3Y*: 9.69%
• 5Y*: 7.44%
• 10Y*: —
• ALL TIME*: 11.36%

DGRE

• 1D: 2.73%
• 1M: 0.66%
• 6M: 16.75%
• YTD: 27.72%
• 1Y: 46.96%
• 3Y*: 22.00%
• 5Y*: 8.78%
• 10Y*: 8.33%
• ALL TIME*: 6.13%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund	$223.97K	$439.36K	$483.26K
JEPI JPMorgan Equity Premium Income ETF	$281.46M	$266.57M	$294.72M

JEPI vs. DGRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
JEPI JPMorgan Equity Premium Income ETF	5.04%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.39%
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund	27.72%	27.47%	3.63%	18.46%	-21.86%	2.55%	35.90%

Correlation

The correlation between JEPI and DGRE is 0.36, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.36
Correlation (3Y) Balances recent behavior with more history.	0.42
Correlation (5Y) Shows whether the relationship held over a longer period.	0.42
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.42

JEPI vs. DGRE - Sectors Allocation Comparison

Sectors	JEPI	DGRE
Technology	15.4%	38.6%
Healthcare	12.9%	2.6%
Industrials	11.2%	8.0%
Consumer Cyclical	9.8%	2.6%
Financial Services	8.9%	11.8%
Consumer Defensive	7.7%	2.3%
Communication Services	6.1%	0.8%
Utilities	4.9%	0.9%
Real Estate	2.6%	0.3%
Energy	2.6%	1.1%
Basic Materials	1.6%	4.4%

Return for Risk

JEPI vs. DGRE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JEPI

JEPI Risk / Return Rank: 44
JEPI Sharpe Ratio Rank: 47
JEPI Sortino Ratio Rank: 48
JEPI Omega Ratio Rank: 46
JEPI Calmar Ratio Rank: 40
JEPI Martin Ratio Rank: 39

DGRE

DGRE Risk / Return Rank: 76
DGRE Sharpe Ratio Rank: 75
DGRE Sortino Ratio Rank: 69
DGRE Omega Ratio Rank: 75
DGRE Calmar Ratio Rank: 83
DGRE Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JEPI vs. DGRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income ETF (JEPI) and WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JEPI	DGRE	Difference
Sharpe ratio: Return per unit of total volatility	1.31	1.93	-0.62
Sortino ratio: Return per unit of downside risk	1.93	2.54	-0.61
Omega ratio: Gain probability vs. loss probability	1.24	1.35	-0.11
Calmar ratio: Return relative to maximum drawdown	1.58	3.45	-1.87
Martin ratio: Return relative to average drawdown	4.47	10.77	-6.31

JEPI vs. DGRE - Sharpe Ratio Comparison

The current JEPI Sharpe Ratio is 1.31, which is lower than the DGRE Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of JEPI and DGRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JEPI vs. DGRE - Drawdown Comparison

The maximum JEPI drawdown since its inception was -13.71%, smaller than the maximum DGRE drawdown of -36.95%. Use the drawdown chart below to compare losses from any high point for JEPI and DGRE.

Drawdown Indicators

	JEPI	DGRE	Difference
Max Drawdown Largest peak-to-trough decline	-13.71%	-36.95%	+23.24%
Max Drawdown (1Y) Largest decline over 1 year	-6.68%	-13.68%	+7.00%
Max Drawdown (3Y) Largest decline over 3 years	-13.26%	-20.65%	+7.39%
Max Drawdown (5Y) Largest decline over 5 years	-13.71%	-33.43%	+19.72%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.95%	—
Current Drawdown Current decline from peak	-0.18%	-5.58%	+5.40%
Average Drawdown Average peak-to-trough decline	-2.13%	-11.93%	+9.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	4.37%	-2.02%

Volatility

JEPI vs. DGRE - Volatility Comparison

The current volatility for JPMorgan Equity Premium Income ETF (JEPI) is 2.21%, while WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) has a volatility of 9.09%. This indicates that JEPI experiences smaller price fluctuations and is considered to be less risky than DGRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEPI	DGRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.21%	9.09%	-6.88%
Volatility (6M) Calculated over the trailing 6-month period	6.38%	22.72%	-16.34%
Volatility (1Y) Calculated over the trailing 1-year period	8.08%	24.39%	-16.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.11%	19.12%	-8.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.73%	20.00%	-9.27%

JEPI vs. DGRE - Expense Ratio Comparison

JEPI has a 0.35% expense ratio, which is higher than DGRE's 0.32% expense ratio.

Dividends

JEPI vs. DGRE - Dividend Comparison

JEPI's dividend yield for the trailing twelve months is around 7.99%, more than DGRE's 1.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund	1.30%	1.65%	1.90%	2.22%	4.38%	2.56%	2.11%	2.32%	2.71%	3.12%	3.18%	3.01%
JEPI JPMorgan Equity Premium Income ETF	7.99%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JEPI and DGRE in my portfolio?

JEPI and DGRE 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 is riskier, JEPI or DGRE?

DGRE has higher volatility (9.09%) compared to JEPI (2.21%). In terms of maximum drawdown, JEPI dropped -13.71% vs DGRE's -36.95%.

Which ETF is better, JEPI or DGRE?

On 5-year performance, DGRE leads with 8.78% vs 7.44% for JEPI. On fees, DGRE is cheaper at 0.32% per year. On volatility, JEPI has been the lower-risk option at 2.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JEPI or DGRE?

Over the 5-year period, DGRE has performed better with a 8.78% return vs 7.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JEPI or DGRE?

DGRE is cheaper with a 0.32% expense ratio, compared with 0.35% for JEPI.

Which ETF pays a higher dividend yield, JEPI or DGRE?

JEPI has the higher dividend yield at 7.99%, compared with 1.30% for DGRE.

What is the main difference between JEPI and DGRE?

JEPI is categorized as Dividend, while DGRE is Quality Factor. They also come from different issuers: JPMorgan and WisdomTree. Their fees differ too: 0.35% for JEPI and 0.32% for DGRE.

Which has better risk-adjusted returns?

DGRE currently has the higher Sharpe Ratio (1.93 vs 1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.