LVHI vs. JEPI

Last updated Aug 4, 2026

LVHI (Franklin International Low Volatility High Dividend Index ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both Dividend funds. LVHI is passively managed, while JEPI is actively managed. Over the past 5 years, LVHI returned 16.64%/yr vs 7.50%/yr for JEPI. Their 0.61 correlation means they have sometimes moved together and sometimes differently. LVHI charges 0.40%/yr vs 0.35%/yr for JEPI.

Performance

LVHI vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin International Low Volatility High Dividend Index ETF (LVHI) 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, LVHI achieves a 18.07% return, which is significantly higher than JEPI's 5.04% return.

LVHI

• 1D: -0.19%
• 1M: 3.87%
• 6M: 12.27%
• YTD: 18.07%
• 1Y: 35.95%
• 3Y*: 22.77%
• 5Y*: 16.64%
• 10Y*: 11.79%
• ALL TIME*: 11.64%

JEPI

• 1D: 0.50%
• 1M: 1.78%
• 6M: 2.32%
• YTD: 5.04%
• 1Y: 11.72%
• 3Y*: 9.69%
• 5Y*: 7.50%
• 10Y*: —
• ALL TIME*: 11.36%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JEPI JPMorgan Equity Premium Income ETF	$264.83M	$261.34M	$294.89M
LVHI Franklin International Low Volatility High Dividend Index ETF	$35.67M	$30.40M	$26.81M

LVHI vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LVHI Franklin International Low Volatility High Dividend Index ETF	18.07%	27.12%	14.81%	17.45%	3.84%	18.19%	15.52%
JEPI JPMorgan Equity Premium Income ETF	5.04%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.39%

Correlation

The correlation between LVHI and JEPI is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.55
Correlation (3Y) Balances recent behavior with more history.	0.58
Correlation (5Y) Shows whether the relationship held over a longer period.	0.62
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.61

The correlation between LVHI and JEPI has been stable across timeframes, ranging from 0.55 to 0.62 - a consistent structural relationship.

LVHI vs. JEPI - Sectors Allocation Comparison

Sectors	LVHI	JEPI
Financial Services	25.1%	8.9%
Energy	14.0%	2.6%
Industrials	13.3%	11.2%
Consumer Defensive	10.4%	7.7%
Utilities	10.4%	4.9%
Healthcare	7.2%	12.9%
Basic Materials	6.3%	1.6%
Communication Services	6.1%	6.1%
Consumer Cyclical	5.0%	9.8%
Real Estate	2.2%	2.6%
Technology	0.1%	15.4%

Return for Risk

LVHI vs. JEPI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LVHI

LVHI Risk / Return Rank: 97
LVHI Sharpe Ratio Rank: 98
LVHI Sortino Ratio Rank: 97
LVHI Omega Ratio Rank: 97
LVHI Calmar Ratio Rank: 96
LVHI Martin Ratio Rank: 96

JEPI

JEPI Risk / Return Rank: 56
JEPI Sharpe Ratio Rank: 61
JEPI Sortino Ratio Rank: 63
JEPI Omega Ratio Rank: 62
JEPI Calmar Ratio Rank: 48
JEPI Martin Ratio Rank: 44

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LVHI vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin International Low Volatility High Dividend Index ETF (LVHI) 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.

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.

	LVHI	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	3.87	1.46	+2.41
Sortino ratio: Return per unit of downside risk	5.30	2.14	+3.16
Omega ratio: Gain probability vs. loss probability	1.75	1.27	+0.48
Calmar ratio: Return relative to maximum drawdown	5.94	1.76	+4.18
Martin ratio: Return relative to average drawdown	24.81	4.99	+19.82

LVHI vs. JEPI - Sharpe Ratio Comparison

The current LVHI Sharpe Ratio is 3.87, which is higher than the JEPI Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of LVHI 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.

Drawdowns

LVHI vs. JEPI - Drawdown Comparison

The maximum LVHI drawdown since its inception was -32.31%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for LVHI and JEPI.

Drawdown Indicators

	LVHI	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-32.31%	-13.71%	-18.60%
Max Drawdown (1Y) Largest decline over 1 year	-6.08%	-6.68%	+0.60%
Max Drawdown (3Y) Largest decline over 3 years	-11.99%	-13.26%	+1.27%
Max Drawdown (5Y) Largest decline over 5 years	-11.99%	-13.71%	+1.72%
Max Drawdown (10Y) Largest decline over 10 years	-32.31%	—	—
Current Drawdown Current decline from peak	-0.88%	-0.18%	-0.70%
Average Drawdown Average peak-to-trough decline	-3.47%	-2.13%	-1.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.45%	2.35%	-0.90%

Volatility

LVHI vs. JEPI - Volatility Comparison

The current volatility for Franklin International Low Volatility High Dividend Index ETF (LVHI) is 2.09%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 2.21%. This indicates that LVHI experiences smaller price fluctuations and is considered to be less risky than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LVHI	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.09%	2.21%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	7.58%	6.39%	+1.19%
Volatility (1Y) Calculated over the trailing 1-year period	9.35%	8.10%	+1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.06%	11.11%	-0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.70%	10.73%	+2.97%

LVHI vs. JEPI - Expense Ratio Comparison

LVHI has a 0.40% expense ratio, which is higher than JEPI's 0.35% expense ratio.

Dividends

LVHI vs. JEPI - Dividend Comparison

LVHI's dividend yield for the trailing twelve months is around 4.52%, less than JEPI's 7.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
JEPI JPMorgan Equity Premium Income ETF	7.99%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%	0.00%	0.00%	0.00%	0.00%
LVHI Franklin International Low Volatility High Dividend Index ETF	4.52%	4.92%	3.98%	8.12%	7.74%	4.13%	3.97%	6.67%	10.67%	3.38%	2.02%

Frequently Asked Questions

Can I hold both LVHI and JEPI in my portfolio?

LVHI and JEPI have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LVHI or JEPI?

JEPI has higher volatility (2.21%) compared to LVHI (2.09%). In terms of maximum drawdown, LVHI dropped -32.31% vs JEPI's -13.71%.

Which ETF is better, LVHI or JEPI?

On 5-year performance, LVHI leads with 16.64% vs 7.50% for JEPI. On fees, JEPI is cheaper at 0.35% per year. On volatility, LVHI has been the lower-risk option at 2.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LVHI or JEPI?

Over the 5-year period, LVHI has performed better with a 16.64% return vs 7.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LVHI or JEPI?

JEPI is cheaper with a 0.35% expense ratio, compared with 0.40% for LVHI.

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

JEPI has the higher dividend yield at 7.99%, compared with 4.52% for LVHI.

What is the main difference between LVHI and JEPI?

They also come from different issuers: Franklin Templeton and JPMorgan. Their fees differ too: 0.40% for LVHI and 0.35% for JEPI.

Which has better risk-adjusted returns?

LVHI currently has the higher Sharpe Ratio (3.87 vs 1.46), 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.