JEQP.L vs. EOI

Last updated Jun 5, 2026

JEQP.L (JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP) and EOI (Eaton Vance Enhanced Equity Income Fund) are both funds - JEQP.L is a Nasdaq-100 fund actively managed by JPMorgan, while EOI is a Large Cap Blend Equities fund managed by Eaton Vance. Over the past year, JEQP.L returned 29.63% vs 7.28% for EOI. At a 0.48 correlation, their price movements are largely independent. JEQP.L charges 0.35%/yr vs 0.01%/yr for EOI.

Performance

JEQP.L vs. EOI - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.L) and Eaton Vance Enhanced Equity Income Fund (EOI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JEQP.L is traded in GBp, while EOI is traded in USD. To make them comparable, the EOI values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, JEQP.L achieves a 8.97% return, which is significantly higher than EOI's -1.07% return.

JEQP.L

• 1D: -0.35%
• 1M: 4.24%
• YTD: 8.97%
• 6M: 8.46%
• 1Y: 29.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EOI

• 1D: -1.45%
• 1M: -0.14%
• YTD: -1.07%
• 6M: 2.96%
• 1Y: 7.28%
• 3Y*: 13.79%
• 5Y*: 11.09%
• 10Y*: 13.18%

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

JEQP.L vs. EOI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP	8.97%	6.58%	5.67%
EOI Eaton Vance Enhanced Equity Income Fund	-1.07%	-0.43%	6.64%

Correlation

The correlation between JEQP.L and EOI is 0.55, 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	0.55
Correlation (All Time) Calculated using the full available price history since Nov 7, 2024	0.48

The correlation between JEQP.L and EOI has been stable across timeframes, ranging from 0.48 to 0.55 - a consistent structural relationship.

Return for Risk

JEQP.L vs. EOI — Risk / Return Rank

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

JEQP.L

JEQP.L Risk / Return Rank: 84
JEQP.L Sharpe Ratio Rank: 82
JEQP.L Sortino Ratio Rank: 80
JEQP.L Omega Ratio Rank: 83
JEQP.L Calmar Ratio Rank: 89
JEQP.L Martin Ratio Rank: 89

EOI

EOI Risk / Return Rank: 6
EOI Sharpe Ratio Rank: 6
EOI Sortino Ratio Rank: 6
EOI Omega Ratio Rank: 6
EOI Calmar Ratio Rank: 6
EOI Martin Ratio Rank: 6

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.

JEQP.L vs. EOI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.L) and Eaton Vance Enhanced Equity Income Fund (EOI). 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.

	JEQP.L	EOI	Difference
Sharpe ratio: Return per unit of total volatility	2.63	0.56	+2.08
Sortino ratio: Return per unit of downside risk	3.53	0.83	+2.70
Omega ratio: Gain probability vs. loss probability	1.50	1.11	+0.39
Calmar ratio: Return relative to maximum drawdown	5.23	0.64	+4.59
Martin ratio: Return relative to average drawdown	19.59	2.14	+17.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JEQP.L vs. EOI - Sharpe Ratio Comparison

The current JEQP.L Sharpe Ratio is 2.63, which is higher than the EOI Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of JEQP.L and EOI, 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

	JEQP.L	EOI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.63	0.56	+2.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.62	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.51	+0.43

Drawdowns

JEQP.L vs. EOI - Drawdown Comparison

The maximum JEQP.L drawdown since its inception was -22.00%, smaller than the maximum EOI drawdown of -38.75%. Use the drawdown chart below to compare losses from any high point for JEQP.L and EOI.

Drawdown Indicators

	JEQP.L	EOI	Difference
Max Drawdown Largest peak-to-trough decline	-22.00%	-38.75%	+16.75%
Max Drawdown (1Y) Largest decline over 1 year	-5.64%	-11.42%	+5.78%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.03%	—
Current Drawdown Current decline from peak	-0.35%	-5.64%	+5.29%
Average Drawdown Average peak-to-trough decline	-4.92%	-6.42%	+1.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	3.42%	-1.91%

Volatility

JEQP.L vs. EOI - Volatility Comparison

The current volatility for JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.L) is 1.57%, while Eaton Vance Enhanced Equity Income Fund (EOI) has a volatility of 3.21%. This indicates that JEQP.L experiences smaller price fluctuations and is considered to be less risky than EOI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEQP.L	EOI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.57%	3.21%	-1.64%
Volatility (6M) Calculated over the trailing 6-month period	7.83%	10.23%	-2.40%
Volatility (1Y) Calculated over the trailing 1-year period	11.20%	13.20%	-2.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.88%	17.96%	-3.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.88%	20.06%	-5.18%

JEQP.L vs. EOI - Expense Ratio Comparison

JEQP.L has a 0.35% expense ratio, which is higher than EOI's 0.01% expense ratio.

Dividends

JEQP.L vs. EOI - Dividend Comparison

JEQP.L's dividend yield for the trailing twelve months is around 10.21%, more than EOI's 8.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EOI Eaton Vance Enhanced Equity Income Fund	8.24%	7.81%	7.38%	7.93%	8.80%	5.83%	6.66%	6.78%	8.01%	7.15%	8.36%	7.73%
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP	10.21%	10.04%	0.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JEQP.L and EOI in my portfolio?

JEQP.L and EOI have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.