LYQ3.DE vs. JEIP.L

Last updated Jun 5, 2026

LYQ3.DE (Amundi Euro Government Bond 3-5Y UCITS ETF Acc) and JEIP.L (JPM US Equity Premium Income Active UCITS ETF USD Dist) are both exchange-traded funds - LYQ3.DE is a European Government Bonds fund tracking the Bloomberg Euro Treasury 50bn 3-5 Year Bond, while JEIP.L is a Derivative Income fund actively managed by JPMorgan. LYQ3.DE is passively managed, while JEIP.L is actively managed. Over the past year, LYQ3.DE returned 0.63% vs 6.44% for JEIP.L. At a 0.06 correlation, their price movements are largely independent. LYQ3.DE charges 0.17%/yr vs 0.35%/yr for JEIP.L.

Performance

LYQ3.DE vs. JEIP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Euro Government Bond 3-5Y UCITS ETF Acc (LYQ3.DE) and JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LYQ3.DE is traded in EUR, while JEIP.L is traded in GBp. To make them comparable, the JEIP.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, LYQ3.DE achieves a -0.32% return, which is significantly lower than JEIP.L's 1.14% return.

LYQ3.DE

• 1D: 0.05%
• 1M: -0.07%
• YTD: -0.32%
• 6M: -0.08%
• 1Y: 0.63%
• 3Y*: 2.71%
• 5Y*: -0.36%
• 10Y*: -0.05%

JEIP.L

• 1D: 0.07%
• 1M: 0.26%
• YTD: 1.14%
• 6M: 1.15%
• 1Y: 6.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LYQ3.DE vs. JEIP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LYQ3.DE Amundi Euro Government Bond 3-5Y UCITS ETF Acc	-0.32%	2.66%	0.66%
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist	1.14%	-4.40%	1.28%

Correlation

The correlation between LYQ3.DE and JEIP.L is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (All Time) Calculated using the full available price history since Nov 7, 2024	0.06

Return for Risk

LYQ3.DE vs. JEIP.L — Risk / Return Rank

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

LYQ3.DE

LYQ3.DE Risk / Return Rank: 11
LYQ3.DE Sharpe Ratio Rank: 11
LYQ3.DE Sortino Ratio Rank: 10
LYQ3.DE Omega Ratio Rank: 10
LYQ3.DE Calmar Ratio Rank: 11
LYQ3.DE Martin Ratio Rank: 11

JEIP.L

JEIP.L Risk / Return Rank: 30
JEIP.L Sharpe Ratio Rank: 31
JEIP.L Sortino Ratio Rank: 30
JEIP.L Omega Ratio Rank: 29
JEIP.L Calmar Ratio Rank: 31
JEIP.L Martin Ratio Rank: 31

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.

LYQ3.DE vs. JEIP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Government Bond 3-5Y UCITS ETF Acc (LYQ3.DE) and JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.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.

	LYQ3.DE	JEIP.L	Difference
Sharpe ratio: Return per unit of total volatility	0.15	0.76	-0.61
Sortino ratio: Return per unit of downside risk	0.22	1.10	-0.87
Omega ratio: Gain probability vs. loss probability	1.03	1.14	-0.11
Calmar ratio: Return relative to maximum drawdown	0.15	1.17	-1.02
Martin ratio: Return relative to average drawdown	0.43	3.29	-2.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LYQ3.DE vs. JEIP.L - Sharpe Ratio Comparison

The current LYQ3.DE Sharpe Ratio is 0.15, which is lower than the JEIP.L Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of LYQ3.DE and JEIP.L, 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

	LYQ3.DE	JEIP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	0.76	-0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	-0.11	+0.78

Drawdowns

LYQ3.DE vs. JEIP.L - Drawdown Comparison

The maximum LYQ3.DE drawdown since its inception was -12.43%, smaller than the maximum JEIP.L drawdown of -17.68%. Use the drawdown chart below to compare losses from any high point for LYQ3.DE and JEIP.L.

Drawdown Indicators

	LYQ3.DE	JEIP.L	Difference
Max Drawdown Largest peak-to-trough decline	-12.43%	-17.68%	+5.25%
Max Drawdown (1Y) Largest decline over 1 year	-2.38%	-5.50%	+3.12%
Max Drawdown (3Y) Largest decline over 3 years	-2.38%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.02%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-12.43%	—	—
Current Drawdown Current decline from peak	-2.86%	-6.28%	+3.42%
Average Drawdown Average peak-to-trough decline	-2.20%	-7.34%	+5.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.85%	1.97%	-1.12%

Volatility

LYQ3.DE vs. JEIP.L - Volatility Comparison

The current volatility for Amundi Euro Government Bond 3-5Y UCITS ETF Acc (LYQ3.DE) is 0.99%, while JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.L) has a volatility of 2.38%. This indicates that LYQ3.DE experiences smaller price fluctuations and is considered to be less risky than JEIP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LYQ3.DE	JEIP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.99%	2.38%	-1.39%
Volatility (6M) Calculated over the trailing 6-month period	2.23%	6.05%	-3.82%
Volatility (1Y) Calculated over the trailing 1-year period	2.51%	8.49%	-5.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.56%	12.16%	-8.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.80%	12.16%	-9.36%

LYQ3.DE vs. JEIP.L - Expense Ratio Comparison

LYQ3.DE has a 0.17% expense ratio, which is lower than JEIP.L's 0.35% expense ratio.

Dividends

LYQ3.DE vs. JEIP.L - Dividend Comparison

LYQ3.DE has not paid dividends to shareholders, while JEIP.L's dividend yield for the trailing twelve months is around 8.32%.

Position	TTM	2025	2024
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist	8.32%	7.18%	0.61%
LYQ3.DE Amundi Euro Government Bond 3-5Y UCITS ETF Acc	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LYQ3.DE and JEIP.L in my portfolio?

LYQ3.DE and JEIP.L have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LYQ3.DE or JEIP.L?

On fees, LYQ3.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LYQ3.DE or JEIP.L?

LYQ3.DE is cheaper with a 0.17% expense ratio, compared with 0.35% for JEIP.L.

What is the main difference between LYQ3.DE and JEIP.L?

LYQ3.DE is categorized as European Government Bonds, while JEIP.L is Derivative Income. They also come from different issuers: Amundi and JPMorgan. Their fees differ too: 0.17% for LYQ3.DE and 0.35% for JEIP.L.