JIRE vs. JEPI
Compare and contrast key facts about JPMorgan International Research Enhanced Equity ETF (JIRE) and JPMorgan Equity Premium Income ETF (JEPI).
JIRE and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JIRE is an actively managed fund by JPMorgan. It was launched on Oct 28, 1992. JEPI is an actively managed fund by JPMorgan Chase. It was launched on May 20, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JIRE or JEPI.
Key characteristics
| JIRE | JEPI | |
|---|---|---|
| YTD Return | 6.76% | 15.91% |
| 1Y Return | 17.40% | 21.29% |
| Sharpe Ratio | 1.35 | 2.91 |
| Sortino Ratio | 1.94 | 4.06 |
| Omega Ratio | 1.24 | 1.59 |
| Calmar Ratio | 2.36 | 5.33 |
| Martin Ratio | 7.29 | 20.85 |
| Ulcer Index | 2.47% | 0.99% |
| Daily Std Dev | 13.32% | 7.08% |
| Max Drawdown | -16.11% | -13.71% |
| Current Drawdown | -6.67% | 0.00% |
Correlation
The correlation between JIRE and JEPI is 0.67, 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.
Performance
JIRE vs. JEPI - Performance Comparison
In the year-to-date period, JIRE achieves a 6.76% return, which is significantly lower than JEPI's 15.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JIRE vs. JEPI - Expense Ratio Comparison
JIRE has a 0.24% expense ratio, which is lower than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
JIRE vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Research Enhanced Equity ETF (JIRE) and JPMorgan Equity Premium Income ETF (JEPI). 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
JIRE vs. JEPI - Dividend Comparison
JIRE's dividend yield for the trailing twelve months is around 2.56%, less than JEPI's 7.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
JIRE JPMorgan International Research Enhanced Equity ETF | 2.56% | 2.74% | 2.62% | 0.00% | 0.00% |
JEPI JPMorgan Equity Premium Income ETF | 7.06% | 8.40% | 11.67% | 6.59% | 5.79% |
Drawdowns
JIRE vs. JEPI - Drawdown Comparison
The maximum JIRE drawdown since its inception was -16.11%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for JIRE and JEPI. For additional features, visit the drawdowns tool.
Volatility
JIRE vs. JEPI - Volatility Comparison
JPMorgan International Research Enhanced Equity ETF (JIRE) has a higher volatility of 4.36% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.04%. This indicates that JIRE's price experiences larger fluctuations and is considered to be riskier than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.