JEPI vs. HXT.TO

Last updated Jun 9, 2026

JEPI (JPMorgan Equity Premium Income ETF) and HXT.TO (Global X S&P/TSX 60 Corporate Class ETF) are both exchange-traded funds - JEPI is a Dividend fund actively managed by JPMorgan, while HXT.TO is a Canada Equities fund tracking the S&P/TSX 60 Index. JEPI is actively managed, while HXT.TO is passively managed. Over the past 5 years, JEPI returned 7.28%/yr vs 11.20%/yr for HXT.TO. A 0.57 correlation means they provide meaningful diversification when combined. JEPI charges 0.35%/yr vs 0.07%/yr for HXT.TO.

Performance

JEPI vs. HXT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Premium Income ETF (JEPI) and Global X S&P/TSX 60 Corporate Class ETF (HXT.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JEPI is traded in USD, while HXT.TO is traded in CAD. To make them comparable, the HXT.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, JEPI achieves a 0.04% return, which is significantly lower than HXT.TO's 7.56% return.

JEPI

• 1D: -0.31%
• 1M: -0.40%
• YTD: 0.04%
• 6M: 0.91%
• 1Y: 7.03%
• 3Y*: 8.80%
• 5Y*: 7.28%
• 10Y*: —

HXT.TO

• 1D: -0.21%
• 1M: 0.18%
• YTD: 7.56%
• 6M: 10.70%
• 1Y: 28.39%
• 3Y*: 20.80%
• 5Y*: 11.20%
• 10Y*: 11.82%

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

JEPI vs. HXT.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
JEPI JPMorgan Equity Premium Income ETF	0.04%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.39%
HXT.TO Global X S&P/TSX 60 Corporate Class ETF	7.56%	34.90%	11.50%	14.75%	-11.86%	28.17%	27.34%

Correlation

The correlation between JEPI and HXT.TO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.57

The correlation between JEPI and HXT.TO has been stable across timeframes, ranging from 0.52 to 0.60 - a consistent structural relationship.

JEPI vs. HXT.TO - Sectors Allocation Comparison

Sectors	JEPI	HXT.TO
Technology	19.1%	12.0%
Healthcare	14.1%	-
Industrials	13.8%	8.9%
Consumer Cyclical	11.7%	3.9%
Financial Services	9.8%	37.3%
Consumer Defensive	9.6%	3.6%
Communication Services	6.9%	2.4%
Utilities	6.2%	2.9%
Real Estate	3.5%	0.5%
Energy	3.5%	15.9%
Basic Materials	1.9%	12.6%

Return for Risk

JEPI vs. HXT.TO — Risk / Return Rank

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

JEPI

JEPI Risk / Return Rank: 26
JEPI Sharpe Ratio Rank: 27
JEPI Sortino Ratio Rank: 27
JEPI Omega Ratio Rank: 27
JEPI Calmar Ratio Rank: 24
JEPI Martin Ratio Rank: 26

HXT.TO

HXT.TO Risk / Return Rank: 86
HXT.TO Sharpe Ratio Rank: 87
HXT.TO Sortino Ratio Rank: 86
HXT.TO Omega Ratio Rank: 85
HXT.TO Calmar Ratio Rank: 83
HXT.TO Martin Ratio Rank: 90

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.

JEPI vs. HXT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income ETF (JEPI) and Global X S&P/TSX 60 Corporate Class ETF (HXT.TO). 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.

	JEPI	HXT.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.90	2.24	-1.35
Sortino ratio: Return per unit of downside risk	1.35	3.03	-1.68
Omega ratio: Gain probability vs. loss probability	1.17	1.40	-0.23
Calmar ratio: Return relative to maximum drawdown	1.06	3.50	-2.44
Martin ratio: Return relative to average drawdown	3.31	15.10	-11.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JEPI vs. HXT.TO - Sharpe Ratio Comparison

The current JEPI Sharpe Ratio is 0.90, which is lower than the HXT.TO Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of JEPI and HXT.TO, 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

	JEPI	HXT.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	2.24	-1.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.78	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.14	+0.87

Drawdowns

JEPI vs. HXT.TO - Drawdown Comparison

The maximum JEPI drawdown since its inception was -13.71%, smaller than the maximum HXT.TO drawdown of -67.62%. Use the drawdown chart below to compare losses from any high point for JEPI and HXT.TO.

Drawdown Indicators

	JEPI	HXT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-13.71%	-67.62%	+53.91%
Max Drawdown (1Y) Largest decline over 1 year	-6.68%	-8.16%	+1.48%
Max Drawdown (3Y) Largest decline over 3 years	-13.26%	-12.43%	-0.83%
Max Drawdown (5Y) Largest decline over 5 years	-13.71%	-24.08%	+10.37%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.00%	—
Current Drawdown Current decline from peak	-4.93%	-2.07%	-2.86%
Average Drawdown Average peak-to-trough decline	-2.12%	-31.09%	+28.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	1.89%	+0.24%

Volatility

JEPI vs. HXT.TO - Volatility Comparison

The current volatility for JPMorgan Equity Premium Income ETF (JEPI) is 1.48%, while Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) has a volatility of 3.83%. This indicates that JEPI experiences smaller price fluctuations and is considered to be less risky than HXT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEPI	HXT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.48%	3.83%	-2.35%
Volatility (6M) Calculated over the trailing 6-month period	6.09%	9.95%	-3.86%
Volatility (1Y) Calculated over the trailing 1-year period	7.89%	12.73%	-4.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.06%	14.47%	-3.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.79%	16.59%	-5.80%

JEPI vs. HXT.TO - Expense Ratio Comparison

JEPI has a 0.35% expense ratio, which is higher than HXT.TO's 0.07% expense ratio.

Dividends

JEPI vs. HXT.TO - Dividend Comparison

JEPI's dividend yield for the trailing twelve months is around 8.28%, while HXT.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
HXT.TO Global X S&P/TSX 60 Corporate Class ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JEPI JPMorgan Equity Premium Income ETF	8.28%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%

Frequently Asked Questions

Can I hold both JEPI and HXT.TO in my portfolio?

JEPI and HXT.TO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JEPI or HXT.TO?

On fees, HXT.TO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEPI or HXT.TO?

HXT.TO is cheaper with a 0.07% expense ratio, compared with 0.35% for JEPI.

What is the main difference between JEPI and HXT.TO?

JEPI is categorized as Dividend, while HXT.TO is Canada Equities. They also come from different issuers: JPMorgan and Global X. Their fees differ too: 0.35% for JEPI and 0.07% for HXT.TO.