JEPIX vs. SPY
Compare and contrast key facts about JPMorgan Equity Premium Income Fund Class I (JEPIX) and SPDR S&P 500 ETF (SPY).
JEPIX is managed by JPMorgan Chase. It was launched on Aug 31, 2018. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JEPIX or SPY.
Performance
JEPIX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, JEPIX achieves a 14.65% return, which is significantly lower than SPY's 25.36% return.
JEPIX
14.65%
-0.40%
7.61%
17.63%
9.67%
N/A
SPY
25.36%
0.98%
11.79%
31.70%
15.55%
13.07%
Key characteristics
| JEPIX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.46 | 2.69 |
| Sortino Ratio | 3.54 | 3.59 |
| Omega Ratio | 1.50 | 1.50 |
| Calmar Ratio | 4.52 | 3.89 |
| Martin Ratio | 16.47 | 17.53 |
| Ulcer Index | 1.07% | 1.87% |
| Daily Std Dev | 7.16% | 12.15% |
| Max Drawdown | -32.63% | -55.19% |
| Current Drawdown | -1.40% | -1.41% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JEPIX vs. SPY - Expense Ratio Comparison
JEPIX has a 0.63% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between JEPIX and SPY is 0.75, 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
JEPIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income Fund Class I (JEPIX) and SPDR S&P 500 ETF (SPY). 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
JEPIX vs. SPY - Dividend Comparison
JEPIX's dividend yield for the trailing twelve months is around 6.98%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEPIX JPMorgan Equity Premium Income Fund Class I | 6.98% | 8.43% | 12.24% | 7.58% | 11.59% | 7.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
JEPIX vs. SPY - Drawdown Comparison
The maximum JEPIX drawdown since its inception was -32.63%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JEPIX and SPY. For additional features, visit the drawdowns tool.
Volatility
JEPIX vs. SPY - Volatility Comparison
The current volatility for JPMorgan Equity Premium Income Fund Class I (JEPIX) is 2.01%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.09%. This indicates that JEPIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.