JHYP.L vs. JEPG.L
JHYP.L (JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist)) and JEPG.L (JPM Global Equity Premium Income Active UCITS ETF - USD Dist) are both exchange-traded funds - JHYP.L is a High Yield Bonds fund tracking the ICE BofA Gbl HY Constnd TR HGBP, while JEPG.L is a Global Equities fund actively managed by JPMorgan. JHYP.L is passively managed, while JEPG.L is actively managed. Over the past year, JHYP.L returned 8.24% vs 1.71% for JEPG.L. At a 0.11 correlation, their price movements are largely independent. Both charge a 0.35% expense ratio.
Performance
JHYP.L vs. JEPG.L - Performance Comparison
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Different Trading Currencies
JHYP.L is traded in GBP, while JEPG.L is traded in USD. To make them comparable, the JEPG.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, JHYP.L achieves a 2.14% return, which is significantly higher than JEPG.L's -2.25% return.
JHYP.L
- 1D
- 0.13%
- 1M
- 0.30%
- YTD
- 2.14%
- 6M
- 2.85%
- 1Y
- 8.24%
- 3Y*
- 8.74%
- 5Y*
- 3.69%
- 10Y*
- —
JEPG.L
- 1D
- 0.03%
- 1M
- -0.47%
- YTD
- -2.25%
- 6M
- -2.72%
- 1Y
- 1.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JHYP.L vs. JEPG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JHYP.L JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist) | 2.14% | 9.26% | 7.69% | 2.53% |
JEPG.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist | -2.28% | 4.39% | 9.72% | 0.25% |
Correlation
The correlation between JHYP.L and JEPG.L is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023 | 0.11 |
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Return for Risk
JHYP.L vs. JEPG.L — Risk / Return Rank
JHYP.L
JEPG.L
JHYP.L vs. JEPG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist) (JHYP.L) and JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.L). 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.
| JHYP.L | JEPG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +2.95 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.04 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | 0.19 | +3.21 |
| Martin ratioReturn relative to average drawdown | 14.15 | 0.54 | +13.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JHYP.L | JEPG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 0.17 | +1.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 0.42 | +0.59 |
Drawdowns
JHYP.L vs. JEPG.L - Drawdown Comparison
The maximum JHYP.L drawdown since its inception was -15.44%, which is greater than JEPG.L's maximum drawdown of -8.78%. Use the drawdown chart below to compare losses from any high point for JHYP.L and JEPG.L.
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Drawdown Indicators
| JHYP.L | JEPG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.44% | -8.78% | -6.66% |
Max Drawdown (1Y)Largest decline over 1 year | -2.46% | -8.78% | +6.32% |
Max Drawdown (3Y)Largest decline over 3 years | -4.58% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -15.44% | — | — |
Current DrawdownCurrent decline from peak | -0.03% | -7.54% | +7.51% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -2.79% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.59% | 3.14% | -2.55% |
Volatility
JHYP.L vs. JEPG.L - Volatility Comparison
The current volatility for JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist) (JHYP.L) is 1.06%, while JPM Global Equity Premium Income Active UCITS ETF - USD Dist (JEPG.L) has a volatility of 2.91%. This indicates that JHYP.L experiences smaller price fluctuations and is considered to be less risky than JEPG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHYP.L | JEPG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 2.91% | -1.85% |
Volatility (6M)Calculated over the trailing 6-month period | 2.73% | 7.32% | -4.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.10% | 10.24% | -6.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.62% | 11.34% | -5.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.68% | 11.34% | -5.66% |
JHYP.L vs. JEPG.L - Expense Ratio Comparison
Both JHYP.L and JEPG.L have an expense ratio of 0.35%.
Dividends
JHYP.L vs. JEPG.L - Dividend Comparison
JHYP.L's dividend yield for the trailing twelve months is around 5.97%, less than JEPG.L's 8.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
JEPG.L JPM Global Equity Premium Income Active UCITS ETF - USD Dist | 8.88% | 7.86% | 6.50% | 0.00% | 0.00% | 0.00% | 0.00% |
JHYP.L JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF - GBP Hedged (dist) | 5.97% | 6.58% | 5.96% | 8.55% | 5.62% | 4.37% | 0.69% |
Frequently Asked Questions
JHYP.L and JEPG.L have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
JHYP.L and JEPG.L have the same expense ratio: 0.35% per year.
JHYP.L is categorized as High Yield Bonds, while JEPG.L is Global Equities.
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