JGPI.DE vs. XYLD

Last updated Jun 5, 2026

JGPI.DE (JPMorgan Global Equity Premium Income UCITS ETF) and XYLD (Global X S&P 500 Covered Call ETF) are both exchange-traded funds - JGPI.DE is a Large Cap Blend Equities fund actively managed by JPMorgan, while XYLD is a Derivative Income fund tracking the Cboe S&P 500 BuyWrite Index. JGPI.DE is actively managed, while XYLD is passively managed. Over the past year, JGPI.DE returned -0.98% vs 15.85% for XYLD. At a 0.28 correlation, their price movements are largely independent. JGPI.DE charges 0.35%/yr vs 0.60%/yr for XYLD.

Performance

JGPI.DE vs. XYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan Global Equity Premium Income UCITS ETF (JGPI.DE) and Global X S&P 500 Covered Call ETF (XYLD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JGPI.DE is traded in EUR, while XYLD is traded in USD. To make them comparable, the XYLD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, JGPI.DE achieves a -1.21% return, which is significantly lower than XYLD's 6.34% return.

JGPI.DE

• 1D: -0.25%
• 1M: 0.10%
• YTD: -1.21%
• 6M: -1.08%
• 1Y: -0.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XYLD

• 1D: 0.03%
• 1M: 2.55%
• YTD: 6.34%
• 6M: 6.82%
• 1Y: 15.85%
• 3Y*: 8.33%
• 5Y*: 8.76%
• 10Y*: 8.00%

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

JGPI.DE vs. XYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JGPI.DE JPMorgan Global Equity Premium Income UCITS ETF	-1.21%	-0.60%	14.79%	-1.17%
XYLD Global X S&P 500 Covered Call ETF	6.34%	-4.80%	27.38%	-0.59%

Correlation

The correlation between JGPI.DE and XYLD is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since Dec 8, 2023	0.28

Return for Risk

JGPI.DE vs. XYLD — Risk / Return Rank

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

JGPI.DE

JGPI.DE Risk / Return Rank: 8
JGPI.DE Sharpe Ratio Rank: 8
JGPI.DE Sortino Ratio Rank: 7
JGPI.DE Omega Ratio Rank: 7
JGPI.DE Calmar Ratio Rank: 8
JGPI.DE Martin Ratio Rank: 7

XYLD

XYLD Risk / Return Rank: 84
XYLD Sharpe Ratio Rank: 84
XYLD Sortino Ratio Rank: 87
XYLD Omega Ratio Rank: 93
XYLD Calmar Ratio Rank: 69
XYLD Martin Ratio Rank: 86

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.

JGPI.DE vs. XYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Equity Premium Income UCITS ETF (JGPI.DE) and Global X S&P 500 Covered Call ETF (XYLD). 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.

	JGPI.DE	XYLD	Difference
Sharpe ratio: Return per unit of total volatility	-0.12	1.89	-2.01
Sortino ratio: Return per unit of downside risk	-0.12	2.58	-2.69
Omega ratio: Gain probability vs. loss probability	0.99	1.37	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.12	4.09	-4.21
Martin ratio: Return relative to average drawdown	-0.32	12.88	-13.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JGPI.DE vs. XYLD - Sharpe Ratio Comparison

The current JGPI.DE Sharpe Ratio is -0.12, which is lower than the XYLD Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of JGPI.DE and XYLD, 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

	JGPI.DE	XYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.12	1.89	-2.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.59	-0.13

Drawdowns

JGPI.DE vs. XYLD - Drawdown Comparison

The maximum JGPI.DE drawdown since its inception was -12.10%, smaller than the maximum XYLD drawdown of -33.01%. Use the drawdown chart below to compare losses from any high point for JGPI.DE and XYLD.

Drawdown Indicators

	JGPI.DE	XYLD	Difference
Max Drawdown Largest peak-to-trough decline	-12.10%	-33.01%	+20.91%
Max Drawdown (1Y) Largest decline over 1 year	-8.18%	-3.89%	-4.29%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.24%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.24%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.01%	—
Current Drawdown Current decline from peak	-8.94%	-1.85%	-7.09%
Average Drawdown Average peak-to-trough decline	-4.41%	-5.53%	+1.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.05%	1.23%	+1.82%

Volatility

JGPI.DE vs. XYLD - Volatility Comparison

JPMorgan Global Equity Premium Income UCITS ETF (JGPI.DE) has a higher volatility of 2.53% compared to Global X S&P 500 Covered Call ETF (XYLD) at 0.91%. This indicates that JGPI.DE's price experiences larger fluctuations and is considered to be riskier than XYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JGPI.DE	XYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.53%	0.91%	+1.62%
Volatility (6M) Calculated over the trailing 6-month period	5.35%	5.86%	-0.51%
Volatility (1Y) Calculated over the trailing 1-year period	7.92%	8.44%	-0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.59%	12.47%	-2.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.59%	15.67%	-6.08%

JGPI.DE vs. XYLD - Expense Ratio Comparison

JGPI.DE has a 0.35% expense ratio, which is lower than XYLD's 0.60% expense ratio.

Dividends

JGPI.DE vs. XYLD - Dividend Comparison

JGPI.DE's dividend yield for the trailing twelve months is around 8.85%, less than XYLD's 10.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JGPI.DE JPMorgan Global Equity Premium Income UCITS ETF	8.85%	8.18%	6.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XYLD Global X S&P 500 Covered Call ETF	10.50%	10.51%	11.54%	10.51%	13.43%	9.07%	7.93%	5.76%	7.12%	5.18%	3.23%	4.65%

Frequently Asked Questions

Can I hold both JGPI.DE and XYLD in my portfolio?

JGPI.DE and XYLD have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JGPI.DE or XYLD?

On fees, JGPI.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JGPI.DE or XYLD?

JGPI.DE is cheaper with a 0.35% expense ratio, compared with 0.60% for XYLD.

What is the main difference between JGPI.DE and XYLD?

JGPI.DE is categorized as Large Cap Blend Equities, while XYLD is Derivative Income. They also come from different issuers: JPMorgan and Global X. Their fees differ too: 0.35% for JGPI.DE and 0.60% for XYLD.