JPUS vs. JEPI
Compare and contrast key facts about JPMorgan Diversified Return US Equity ETF (JPUS) and JPMorgan Equity Premium Income ETF (JEPI).
JPUS and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPUS is a passively managed fund by JPMorgan Chase that tracks the performance of the JPMorgan Diversified Factor US Equity Index. It was launched on Sep 29, 2015. 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: JPUS or JEPI.
Key characteristics
| JPUS | JEPI | |
|---|---|---|
| YTD Return | 19.50% | 15.89% |
| 1Y Return | 28.31% | 19.32% |
| 3Y Return (Ann) | 7.61% | 8.31% |
| Sharpe Ratio | 2.92 | 2.89 |
| Sortino Ratio | 4.18 | 4.02 |
| Omega Ratio | 1.52 | 1.58 |
| Calmar Ratio | 4.79 | 5.23 |
| Martin Ratio | 18.22 | 20.45 |
| Ulcer Index | 1.73% | 0.99% |
| Daily Std Dev | 10.79% | 7.00% |
| Max Drawdown | -38.69% | -13.71% |
| Current Drawdown | -0.87% | -0.10% |
Correlation
The correlation between JPUS and JEPI is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JPUS vs. JEPI - Performance Comparison
In the year-to-date period, JPUS achieves a 19.50% return, which is significantly higher than JEPI's 15.89% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JPUS vs. JEPI - Expense Ratio Comparison
JPUS has a 0.18% expense ratio, which is lower than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
JPUS vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Diversified Return US Equity ETF (JPUS) 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
JPUS vs. JEPI - Dividend Comparison
JPUS's dividend yield for the trailing twelve months is around 1.98%, less than JEPI's 7.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPUS JPMorgan Diversified Return US Equity ETF | 1.98% | 2.26% | 2.35% | 1.67% | 1.94% | 2.09% | 2.16% | 1.25% | 0.78% | 0.48% |
JEPI JPMorgan Equity Premium Income ETF | 7.06% | 8.40% | 11.67% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JPUS vs. JEPI - Drawdown Comparison
The maximum JPUS drawdown since its inception was -38.69%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for JPUS and JEPI. For additional features, visit the drawdowns tool.
Volatility
JPUS vs. JEPI - Volatility Comparison
JPMorgan Diversified Return US Equity ETF (JPUS) has a higher volatility of 3.20% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.95%. This indicates that JPUS'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.