JPMB.L vs. JEPQ.L
JPMB.L (JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (dist)) and JEPQ.L (JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)) are both exchange-traded funds - JPMB.L is a Global Bonds fund tracking the JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (dist), while JEPQ.L is a Nasdaq-100 fund actively managed by JPMorgan. JPMB.L is passively managed, while JEPQ.L is actively managed. Over the past year, JPMB.L returned 9.61% vs 22.59% for JEPQ.L. At a 0.45 correlation, their price movements are largely independent. JPMB.L charges 0.39%/yr vs 0.35%/yr for JEPQ.L.
Performance
JPMB.L vs. JEPQ.L - Performance Comparison
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Returns By Period
In the year-to-date period, JPMB.L achieves a 1.73% return, which is significantly lower than JEPQ.L's 8.88% return.
JPMB.L
- 1D
- 0.11%
- 1M
- -0.58%
- 6M
- 2.01%
- YTD
- 1.73%
- 1Y
- 9.61%
- 3Y*
- 7.36%
- 5Y*
- 1.32%
- 10Y*
- —
JEPQ.L
- 1D
- -0.51%
- 1M
- -0.66%
- 6M
- 8.88%
- YTD
- 8.88%
- 1Y
- 22.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPMB.L vs. JEPQ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JPMB.L JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (dist) | 1.73% | 13.29% | -1.25% |
JEPQ.L JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) | 8.88% | 14.79% | 4.48% |
Correlation
The correlation between JPMB.L and JEPQ.L is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024 | 0.45 |
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Return for Risk
JPMB.L vs. JEPQ.L — Risk / Return Rank
JPMB.L
JEPQ.L
JPMB.L vs. JEPQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (dist) (JPMB.L) and JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEPQ.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JPMB.L | JEPQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.33 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 2.72 | -0.55 |
| Martin ratioReturn relative to average drawdown | 9.45 | 11.26 | -1.82 |
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Drawdowns
JPMB.L vs. JEPQ.L - Drawdown Comparison
The maximum JPMB.L drawdown since its inception was -26.70%, which is greater than JEPQ.L's maximum drawdown of -20.08%. Use the drawdown chart below to compare losses from any high point for JPMB.L and JEPQ.L.
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Drawdown Indicators
| JPMB.L | JEPQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.70% | -20.08% | -6.62% |
Max Drawdown (1Y)Largest decline over 1 year | -4.51% | -8.31% | +3.80% |
Max Drawdown (3Y)Largest decline over 3 years | -7.27% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.95% | — | — |
Current DrawdownCurrent decline from peak | -0.71% | -1.48% | +0.77% |
Average DrawdownAverage peak-to-trough decline | -6.95% | -2.68% | -4.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 2.01% | -0.97% |
Volatility
JPMB.L vs. JEPQ.L - Volatility Comparison
The current volatility for JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (dist) (JPMB.L) is 1.01%, while JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEPQ.L) has a volatility of 4.79%. This indicates that JPMB.L experiences smaller price fluctuations and is considered to be less risky than JEPQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPMB.L | JEPQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 4.79% | -3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 4.55% | 10.26% | -5.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.41% | 13.13% | -7.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.48% | 16.29% | -7.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.61% | 16.29% | -6.68% |
JPMB.L vs. JEPQ.L - Expense Ratio Comparison
JPMB.L has a 0.39% expense ratio, which is higher than JEPQ.L's 0.35% expense ratio.
Dividends
JPMB.L vs. JEPQ.L - Dividend Comparison
JPMB.L's dividend yield for the trailing twelve months is around 5.89%, less than JEPQ.L's 10.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
JEPQ.L JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) | 10.11% | 10.06% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPMB.L JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (dist) | 5.89% | 5.98% | 5.84% | 5.31% | 5.49% | 4.13% | 4.08% | 4.41% | 4.13% |
Frequently Asked Questions
JPMB.L and JEPQ.L have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEPQ.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEPQ.L is cheaper with a 0.35% expense ratio, compared with 0.39% for JPMB.L.
JPMB.L is categorized as Global Bonds, while JEPQ.L is Nasdaq-100. Their fees differ too: 0.39% for JPMB.L and 0.35% for JEPQ.L.
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