JEPIX vs. JPHY

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan Equity Premium Income Fund Class I (JEPIX) and JPMorgan High Yield Research Enhanced ETF (JPHY).

JEPIX is managed by JPMorgan. It was launched on Aug 31, 2018. JPHY is an actively managed fund by JPMorgan. It was launched on Sep 14, 2016.

Performance

JEPIX vs. JPHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Premium Income Fund Class I (JEPIX) and JPMorgan High Yield Research Enhanced ETF (JPHY). The values are adjusted to include any dividend payments, if applicable.

JEPIX vs. JPHY - Yearly Performance Comparison

	2026 (YTD)	2025
JEPIX JPMorgan Equity Premium Income Fund Class I	-0.51%	6.95%
JPHY JPMorgan High Yield Research Enhanced ETF	0.38%	4.00%

Returns By Period

In the year-to-date period, JEPIX achieves a -0.51% return, which is significantly lower than JPHY's 0.38% return.

JEPIX

• 1D: 1.89%
• 1M: -5.27%
• YTD: -0.51%
• 6M: 2.16%
• 1Y: 6.88%
• 3Y*: 9.18%
• 5Y*: 7.91%
• 10Y*: —

JPHY

• 1D: 0.22%
• 1M: -0.10%
• YTD: 0.38%
• 6M: 1.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEPIX vs. JPHY - Expense Ratio Comparison

JEPIX has a 0.63% expense ratio, which is higher than JPHY's 0.24% expense ratio.

JEPIX

JPMorgan Equity Premium Income Fund Class I

JPHY

JPMorgan High Yield Research Enhanced ETF

Return for Risk

JEPIX vs. JPHY — Risk / Return Rank

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

JEPIX

JEPIX Risk / Return Rank: 24
JEPIX Sharpe Ratio Rank: 18
JEPIX Sortino Ratio Rank: 17
JEPIX Omega Ratio Rank: 21
JEPIX Calmar Ratio Rank: 27
JEPIX Martin Ratio Rank: 34

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.

JEPIX vs. JPHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income Fund Class I (JEPIX) and JPMorgan High Yield Research Enhanced ETF (JPHY). 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.

	JEPIX	JPHY	Difference
Sharpe ratio Return per unit of total volatility	0.51	—	—
Sortino ratio Return per unit of downside risk	0.82	—	—
Omega ratio Gain probability vs. loss probability	1.13	—	—
Calmar ratio Return relative to maximum drawdown	0.82	—	—
Martin ratio Return relative to average drawdown	3.77	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JEPIX	JPHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	1.87	-1.39

Correlation

The correlation between JEPIX and JPHY is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

JEPIX vs. JPHY - Dividend Comparison

JEPIX's dividend yield for the trailing twelve months is around 7.55%, more than JPHY's 4.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
JEPIX JPMorgan Equity Premium Income Fund Class I	7.55%	8.12%	7.20%	8.42%	12.24%	6.15%	11.59%	3.91%
JPHY JPMorgan High Yield Research Enhanced ETF	4.91%	3.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

JEPIX vs. JPHY - Drawdown Comparison

The maximum JEPIX drawdown since its inception was -32.63%, which is greater than JPHY's maximum drawdown of -1.65%. Use the drawdown chart below to compare losses from any high point for JEPIX and JPHY.

Drawdown Indicators

	JEPIX	JPHY	Difference
Max Drawdown Largest peak-to-trough decline	-32.63%	-1.65%	-30.98%
Max Drawdown (1Y) Largest decline over 1 year	-10.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.67%	—	—
Current Drawdown Current decline from peak	-5.53%	-0.43%	-5.10%
Average Drawdown Average peak-to-trough decline	-3.19%	-0.23%	-2.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.27%	—	—

Volatility

Volatility by Period

	JEPIX	JPHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.80%	3.09%	+10.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.41%	3.09%	+8.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.85%	3.09%	+11.76%