JEPI vs. JEPIX
Compare and contrast key facts about JPMorgan Equity Premium Income ETF (JEPI) and JPMorgan Equity Premium Income Fund Class I (JEPIX).
JEPI is an actively managed fund by JPMorgan Chase. It was launched on May 20, 2020. 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: JEPI or JEPIX.
Performance
JEPI vs. JEPIX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with JEPI having a 14.85% return and JEPIX slightly lower at 14.81%.
JEPI
14.85%
0.36%
7.81%
17.75%
N/A
N/A
JEPIX
14.81%
0.28%
7.68%
17.52%
9.68%
N/A
Key characteristics
| JEPI | JEPIX | |
|---|---|---|
| Sharpe Ratio | 2.57 | 2.44 |
| Sortino Ratio | 3.57 | 3.52 |
| Omega Ratio | 1.51 | 1.49 |
| Calmar Ratio | 4.69 | 4.49 |
| Martin Ratio | 18.13 | 16.33 |
| Ulcer Index | 1.00% | 1.07% |
| Daily Std Dev | 7.05% | 7.16% |
| Max Drawdown | -13.71% | -32.63% |
| Current Drawdown | -1.00% | -1.27% |
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JEPI vs. JEPIX - Expense Ratio Comparison
JEPI has a 0.35% expense ratio, which is lower than JEPIX's 0.63% expense ratio.
Correlation
The correlation between JEPI and JEPIX is 0.92, 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.
Risk-Adjusted Performance
JEPI vs. JEPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income ETF (JEPI) 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
JEPI vs. JEPIX - Dividend Comparison
JEPI's dividend yield for the trailing twelve months is around 7.12%, more than JEPIX's 6.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
JEPI JPMorgan Equity Premium Income ETF | 7.12% | 8.40% | 11.67% | 6.59% | 5.79% | 0.00% |
JEPIX JPMorgan Equity Premium Income Fund Class I | 6.97% | 8.43% | 12.24% | 7.58% | 11.59% | 7.71% |
Drawdowns
JEPI vs. JEPIX - Drawdown Comparison
The maximum JEPI drawdown since its inception was -13.71%, smaller than the maximum JEPIX drawdown of -32.63%. Use the drawdown chart below to compare losses from any high point for JEPI and JEPIX. For additional features, visit the drawdowns tool.
Volatility
JEPI vs. JEPIX - Volatility Comparison
JPMorgan Equity Premium Income ETF (JEPI) has a higher volatility of 2.14% compared to JPMorgan Equity Premium Income Fund Class I (JEPIX) at 2.01%. This indicates that JEPI's price experiences larger fluctuations and is considered to be riskier than JEPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.