JPBM.DE vs. JEQP.DE

Last updated Jun 5, 2026

JPBM.DE (JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist)) and JEQP.DE (JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)) are both exchange-traded funds - JPBM.DE is a Emerging Markets Bonds fund tracking the JPM EMBI Global Diversified TR USD, while JEQP.DE is a Nasdaq-100 fund actively managed by JPMorgan. JPBM.DE is passively managed, while JEQP.DE is actively managed. Over the past year, JPBM.DE returned 8.68% vs 23.89% for JEQP.DE. A 0.54 correlation means they provide meaningful diversification when combined. JPBM.DE charges 0.39%/yr vs 0.35%/yr for JEQP.DE.

Performance

JPBM.DE vs. JEQP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist) (JPBM.DE) and JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEQP.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPBM.DE achieves a 2.71% return, which is significantly lower than JEQP.DE's 8.94% return.

JPBM.DE

• 1D: 0.15%
• 1M: 1.60%
• YTD: 2.71%
• 6M: 1.92%
• 1Y: 8.68%
• 3Y*: 4.41%
• 5Y*: 1.97%
• 10Y*: —

JEQP.DE

• 1D: -0.38%
• 1M: 3.80%
• YTD: 8.94%
• 6M: 8.34%
• 1Y: 23.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPBM.DE vs. JEQP.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JPBM.DE JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist)	2.71%	0.17%	2.87%
JEQP.DE JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)	8.94%	0.68%	2.17%

Correlation

The correlation between JPBM.DE and JEQP.DE is 0.52, 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	0.52
Correlation (All Time) Calculated using the full available price history since Nov 5, 2024	0.54

The correlation between JPBM.DE and JEQP.DE has been stable across timeframes, ranging from 0.52 to 0.54 - a consistent structural relationship.

Return for Risk

JPBM.DE vs. JEQP.DE — Risk / Return Rank

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

JPBM.DE

JPBM.DE Risk / Return Rank: 45
JPBM.DE Sharpe Ratio Rank: 42
JPBM.DE Sortino Ratio Rank: 41
JPBM.DE Omega Ratio Rank: 42
JPBM.DE Calmar Ratio Rank: 54
JPBM.DE Martin Ratio Rank: 46

JEQP.DE

JEQP.DE Risk / Return Rank: 67
JEQP.DE Sharpe Ratio Rank: 60
JEQP.DE Sortino Ratio Rank: 59
JEQP.DE Omega Ratio Rank: 61
JEQP.DE Calmar Ratio Rank: 80
JEQP.DE Martin Ratio Rank: 75

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.

JPBM.DE vs. JEQP.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist) (JPBM.DE) and JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEQP.DE). 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.

	JPBM.DE	JEQP.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.99	-0.56
Sortino ratio: Return per unit of downside risk	2.05	2.74	-0.68
Omega ratio: Gain probability vs. loss probability	1.26	1.37	-0.11
Calmar ratio: Return relative to maximum drawdown	2.66	4.09	-1.42
Martin ratio: Return relative to average drawdown	7.31	14.09	-6.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPBM.DE vs. JEQP.DE - Sharpe Ratio Comparison

The current JPBM.DE Sharpe Ratio is 1.43, which is comparable to the JEQP.DE Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of JPBM.DE and JEQP.DE, 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

	JPBM.DE	JEQP.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	1.99	-0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.45	-0.15

Drawdowns

JPBM.DE vs. JEQP.DE - Drawdown Comparison

The maximum JPBM.DE drawdown since its inception was -25.97%, which is greater than JEQP.DE's maximum drawdown of -24.10%. Use the drawdown chart below to compare losses from any high point for JPBM.DE and JEQP.DE.

Drawdown Indicators

	JPBM.DE	JEQP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-25.97%	-24.10%	-1.87%
Max Drawdown (1Y) Largest decline over 1 year	-3.12%	-5.85%	+2.73%
Max Drawdown (3Y) Largest decline over 3 years	-12.56%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-14.31%	—	—
Current Drawdown Current decline from peak	-2.60%	-0.38%	-2.22%
Average Drawdown Average peak-to-trough decline	-8.34%	-6.27%	-2.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.14%	1.70%	-0.56%

Volatility

JPBM.DE vs. JEQP.DE - Volatility Comparison

The current volatility for JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist) (JPBM.DE) is 1.12%, while JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEQP.DE) has a volatility of 1.57%. This indicates that JPBM.DE experiences smaller price fluctuations and is considered to be less risky than JEQP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPBM.DE	JEQP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.12%	1.57%	-0.45%
Volatility (6M) Calculated over the trailing 6-month period	3.98%	8.52%	-4.54%
Volatility (1Y) Calculated over the trailing 1-year period	5.81%	12.02%	-6.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.51%	16.60%	-8.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.71%	16.60%	-6.89%

JPBM.DE vs. JEQP.DE - Expense Ratio Comparison

JPBM.DE has a 0.39% expense ratio, which is higher than JEQP.DE's 0.35% expense ratio.

Dividends

JPBM.DE vs. JEQP.DE - Dividend Comparison

JPBM.DE's dividend yield for the trailing twelve months is around 5.09%, less than JEQP.DE's 8.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JEQP.DE JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)	8.74%	9.22%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JPBM.DE JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF - USD (Dist)	5.09%	5.54%	5.26%	5.00%	5.33%	3.35%	3.87%	3.92%	2.69%

Frequently Asked Questions

Can I hold both JPBM.DE and JEQP.DE in my portfolio?

JPBM.DE and JEQP.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPBM.DE or JEQP.DE?

On fees, JEQP.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, JPBM.DE or JEQP.DE?

JEQP.DE is cheaper with a 0.35% expense ratio, compared with 0.39% for JPBM.DE.

What is the main difference between JPBM.DE and JEQP.DE?

JPBM.DE is categorized as Emerging Markets Bonds, while JEQP.DE is Nasdaq-100. Their fees differ too: 0.39% for JPBM.DE and 0.35% for JEQP.DE.