JPVA.DE vs. JEIP.DE

Last updated Jun 5, 2026

JPVA.DE (JPMorgan US Value Active UCITS ETF USD (Acc)) and JEIP.DE (JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist)) are both exchange-traded funds - JPVA.DE is a Large Cap Value Equities fund actively managed by JPMorgan, while JEIP.DE is a Derivative Income fund actively managed by JPMorgan. Both are actively managed. Over the past year, JPVA.DE returned 23.55% vs 7.13% for JEIP.DE. A 0.69 correlation means they provide meaningful diversification when combined. JPVA.DE charges 0.50%/yr vs 0.35%/yr for JEIP.DE.

Performance

JPVA.DE vs. JEIP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan US Value Active UCITS ETF USD (Acc) (JPVA.DE) and JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist) (JEIP.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPVA.DE achieves a 9.76% return, which is significantly higher than JEIP.DE's 1.23% return.

JPVA.DE

• 1D: 0.75%
• 1M: 2.96%
• YTD: 9.76%
• 6M: 9.73%
• 1Y: 23.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEIP.DE

• 1D: 0.31%
• 1M: 0.36%
• YTD: 1.23%
• 6M: 1.05%
• 1Y: 7.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPVA.DE vs. JEIP.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JPVA.DE JPMorgan US Value Active UCITS ETF USD (Acc)	9.76%	1.79%	3.87%
JEIP.DE JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist)	1.23%	-4.10%	-3.58%

Correlation

The correlation between JPVA.DE and JEIP.DE is 0.66, 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	0.66
Correlation (All Time) Calculated using the full available price history since Nov 5, 2024	0.69

The correlation between JPVA.DE and JEIP.DE has been stable across timeframes, ranging from 0.66 to 0.69 - a consistent structural relationship.

Return for Risk

JPVA.DE vs. JEIP.DE — Risk / Return Rank

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

JPVA.DE

JPVA.DE Risk / Return Rank: 70
JPVA.DE Sharpe Ratio Rank: 63
JPVA.DE Sortino Ratio Rank: 63
JPVA.DE Omega Ratio Rank: 63
JPVA.DE Calmar Ratio Rank: 85
JPVA.DE Martin Ratio Rank: 77

JEIP.DE

JEIP.DE Risk / Return Rank: 25
JEIP.DE Sharpe Ratio Rank: 24
JEIP.DE Sortino Ratio Rank: 23
JEIP.DE Omega Ratio Rank: 23
JEIP.DE Calmar Ratio Rank: 29
JEIP.DE Martin Ratio Rank: 27

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.

JPVA.DE vs. JEIP.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan US Value Active UCITS ETF USD (Acc) (JPVA.DE) and JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist) (JEIP.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.

	JPVA.DE	JEIP.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.06	0.81	+1.25
Sortino ratio: Return per unit of downside risk	2.87	1.21	+1.66
Omega ratio: Gain probability vs. loss probability	1.37	1.14	+0.23
Calmar ratio: Return relative to maximum drawdown	4.58	1.36	+3.22
Martin ratio: Return relative to average drawdown	14.35	3.69	+10.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPVA.DE vs. JEIP.DE - Sharpe Ratio Comparison

The current JPVA.DE Sharpe Ratio is 2.06, which is higher than the JEIP.DE Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of JPVA.DE and JEIP.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

	JPVA.DE	JEIP.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	0.81	+1.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	-0.31	+1.27

Drawdowns

JPVA.DE vs. JEIP.DE - Drawdown Comparison

The maximum JPVA.DE drawdown since its inception was -21.80%, which is greater than JEIP.DE's maximum drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for JPVA.DE and JEIP.DE.

Drawdown Indicators

	JPVA.DE	JEIP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-21.80%	-19.56%	-2.24%
Max Drawdown (1Y) Largest decline over 1 year	-5.03%	-4.88%	-0.15%
Current Drawdown Current decline from peak	0.00%	-7.15%	+7.15%
Average Drawdown Average peak-to-trough decline	-5.34%	-8.26%	+2.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	1.80%	-0.19%

Volatility

JPVA.DE vs. JEIP.DE - Volatility Comparison

The current volatility for JPMorgan US Value Active UCITS ETF USD (Acc) (JPVA.DE) is 2.22%, while JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist) (JEIP.DE) has a volatility of 2.47%. This indicates that JPVA.DE experiences smaller price fluctuations and is considered to be less risky than JEIP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPVA.DE	JEIP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.22%	2.47%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	7.25%	5.52%	+1.73%
Volatility (1Y) Calculated over the trailing 1-year period	11.18%	8.16%	+3.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.96%	13.09%	+0.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.96%	13.09%	+0.87%

JPVA.DE vs. JEIP.DE - Expense Ratio Comparison

JPVA.DE has a 0.50% expense ratio, which is higher than JEIP.DE's 0.35% expense ratio.

Dividends

JPVA.DE vs. JEIP.DE - Dividend Comparison

JPVA.DE has not paid dividends to shareholders, while JEIP.DE's dividend yield for the trailing twelve months is around 8.31%.

Position	TTM	2025	2024
JEIP.DE JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist)	8.31%	7.31%	0.61%
JPVA.DE JPMorgan US Value Active UCITS ETF USD (Acc)	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JPVA.DE and JEIP.DE in my portfolio?

JPVA.DE and JEIP.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPVA.DE or JEIP.DE?

On fees, JEIP.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, JPVA.DE or JEIP.DE?

JEIP.DE is cheaper with a 0.35% expense ratio, compared with 0.50% for JPVA.DE.

What is the main difference between JPVA.DE and JEIP.DE?

JPVA.DE is categorized as Large Cap Value Equities, while JEIP.DE is Derivative Income. Their fees differ too: 0.50% for JPVA.DE and 0.35% for JEIP.DE.