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.
Key characteristics
| JEPI | JEPIX | |
|---|---|---|
| YTD Return | 3.02% | 3.34% |
| 1Y Return | 9.64% | 9.57% |
| 3Y Return (Ann) | 7.37% | 7.13% |
| Sharpe Ratio | 1.34 | 1.24 |
| Daily Std Dev | 7.36% | 7.69% |
| Max Drawdown | -13.71% | -32.63% |
| Current Drawdown | -3.15% | -3.41% |
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.
Performance
JEPI vs. JEPIX - Performance Comparison
In the year-to-date period, JEPI achieves a 3.02% return, which is significantly lower than JEPIX's 3.34% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JEPI vs. JEPIX - Expense Ratio Comparison
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 7.66%, more than JEPIX's 7.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
JEPI JPMorgan Equity Premium Income ETF | 7.66% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% |
JEPIX JPMorgan Equity Premium Income Fund Class I | 7.55% | 8.43% | 12.24% | 7.57% | 11.57% | 7.70% |
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) and JPMorgan Equity Premium Income Fund Class I (JEPIX) have volatilities of 2.26% and 2.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.