JPIN vs. JEPI

Last updated Jun 4, 2026

JPIN (J.P. Morgan Diversified Return International Equity ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both exchange-traded funds - JPIN is a Foreign Large Cap Equities fund tracking the JPMorgan Diversified Factor International Equity Index, while JEPI is a Dividend fund actively managed by JPMorgan. JPIN is passively managed, while JEPI is actively managed. Over the past 5 years, JPIN returned 7.89%/yr vs 7.26%/yr for JEPI. A 0.63 correlation means they provide meaningful diversification when combined. JPIN charges 0.37%/yr vs 0.35%/yr for JEPI.

Performance

JPIN vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in J.P. Morgan Diversified Return International Equity ETF (JPIN) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPIN achieves a 9.44% return, which is significantly higher than JEPI's 0.15% return.

JPIN

• 1D: -0.74%
• 1M: 2.05%
• YTD: 9.44%
• 6M: 11.10%
• 1Y: 23.67%
• 3Y*: 17.85%
• 5Y*: 7.89%
• 10Y*: 7.75%

JEPI

• 1D: 0.14%
• 1M: -1.54%
• YTD: 0.15%
• 6M: 0.47%
• 1Y: 7.70%
• 3Y*: 8.88%
• 5Y*: 7.26%
• 10Y*: —

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

JPIN vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
JPIN J.P. Morgan Diversified Return International Equity ETF	9.44%	33.27%	2.66%	17.45%	-14.14%	6.79%	27.16%
JEPI JPMorgan Equity Premium Income ETF	0.15%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.61%

Correlation

The correlation between JPIN and JEPI is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since May 22, 2020	0.63

The correlation between JPIN and JEPI has been stable across timeframes, ranging from 0.60 to 0.63 - a consistent structural relationship.

JPIN vs. JEPI - Sectors Allocation Comparison

Sectors	JPIN	JEPI
Industrials	14.4%	13.8%
Consumer Defensive	11.1%	9.6%
Healthcare	9.1%	14.1%
Utilities	9.1%	6.2%
Financial Services	9.0%	9.8%
Basic Materials	8.7%	1.9%
Communication Services	8.7%	6.9%
Real Estate	8.5%	3.5%
Consumer Cyclical	8.5%	11.7%
Technology	6.9%	19.1%
Energy	6.2%	3.5%

Return for Risk

JPIN vs. JEPI — Risk / Return Rank

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

JPIN

JPIN Risk / Return Rank: 49
JPIN Sharpe Ratio Rank: 50
JPIN Sortino Ratio Rank: 50
JPIN Omega Ratio Rank: 49
JPIN Calmar Ratio Rank: 46
JPIN Martin Ratio Rank: 49

JEPI

JEPI Risk / Return Rank: 26
JEPI Sharpe Ratio Rank: 27
JEPI Sortino Ratio Rank: 26
JEPI Omega Ratio Rank: 26
JEPI Calmar Ratio Rank: 24
JEPI Martin Ratio Rank: 26

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.

JPIN vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for J.P. Morgan Diversified Return International Equity ETF (JPIN) 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.

	JPIN	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	1.75	0.99	+0.76
Sortino ratio: Return per unit of downside risk	2.45	1.47	+0.98
Omega ratio: Gain probability vs. loss probability	1.31	1.18	+0.13
Calmar ratio: Return relative to maximum drawdown	2.28	1.16	+1.13
Martin ratio: Return relative to average drawdown	8.07	3.73	+4.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPIN vs. JEPI - Sharpe Ratio Comparison

The current JPIN Sharpe Ratio is 1.75, which is higher than the JEPI Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of JPIN and JEPI, 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

	JPIN	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	0.99	+0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.66	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	1.01	-0.57

Drawdowns

JPIN vs. JEPI - Drawdown Comparison

The maximum JPIN drawdown since its inception was -36.69%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for JPIN and JEPI.

Drawdown Indicators

	JPIN	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-36.69%	-13.71%	-22.98%
Max Drawdown (1Y) Largest decline over 1 year	-10.41%	-6.68%	-3.73%
Max Drawdown (3Y) Largest decline over 3 years	-12.32%	-13.26%	+0.94%
Max Drawdown (5Y) Largest decline over 5 years	-29.61%	-13.71%	-15.90%
Max Drawdown (10Y) Largest decline over 10 years	-36.69%	—	—
Current Drawdown Current decline from peak	-3.12%	-4.83%	+1.71%
Average Drawdown Average peak-to-trough decline	-7.02%	-2.12%	-4.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	2.07%	+0.87%

Volatility

JPIN vs. JEPI - Volatility Comparison

J.P. Morgan Diversified Return International Equity ETF (JPIN) has a higher volatility of 4.53% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.35%. This indicates that JPIN'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.

Volatility by Period

	JPIN	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	1.35%	+3.18%
Volatility (6M) Calculated over the trailing 6-month period	11.36%	6.07%	+5.29%
Volatility (1Y) Calculated over the trailing 1-year period	13.62%	7.85%	+5.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.54%	11.06%	+3.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.01%	10.80%	+5.21%

JPIN vs. JEPI - Expense Ratio Comparison

JPIN has a 0.37% expense ratio, which is higher than JEPI's 0.35% expense ratio.

Dividends

JPIN vs. JEPI - Dividend Comparison

JPIN's dividend yield for the trailing twelve months is around 4.11%, less than JEPI's 8.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JEPI JPMorgan Equity Premium Income ETF	8.27%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%	0.00%	0.00%	0.00%	0.00%	0.00%
JPIN J.P. Morgan Diversified Return International Equity ETF	4.11%	4.50%	4.20%	6.22%	3.06%	5.03%	2.45%	3.30%	2.72%	2.12%	1.67%	2.18%

Frequently Asked Questions

Can I hold both JPIN and JEPI in my portfolio?

JPIN and JEPI have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPIN or JEPI?

JPIN has higher volatility (4.53%) compared to JEPI (1.35%). In terms of maximum drawdown, JPIN dropped -36.69% vs JEPI's -13.71%.

Which ETF is better, JPIN or JEPI?

On 5-year performance, JPIN leads with 7.89% vs 7.26% for JEPI. On fees, JEPI is cheaper at 0.35% per year. On volatility, JEPI has been the lower-risk option at 1.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPIN or JEPI?

Over the 5-year period, JPIN has performed better with a 7.89% return vs 7.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPIN or JEPI?

JEPI is cheaper with a 0.35% expense ratio, compared with 0.37% for JPIN.

Which ETF pays a higher dividend yield, JPIN or JEPI?

JEPI has the higher dividend yield at 8.27%, compared with 4.11% for JPIN.

What is the main difference between JPIN and JEPI?

JPIN is categorized as Foreign Large Cap Equities, while JEPI is Dividend. Their fees differ too: 0.37% for JPIN and 0.35% for JEPI.

Which has better risk-adjusted returns?

JPIN currently has the higher Sharpe Ratio (1.75 vs 0.99), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.