MAGD.L vs. JEQP.L

Last updated Apr 2, 2026

Compare and contrast key facts about IncomeShares Magnificent 7 Options ETP (MAGD.L) and JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.L).

MAGD.L and JEQP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MAGD.L is an actively managed fund by Leverage Shares. It was launched on Jun 27, 2025. JEQP.L is an actively managed fund by JPMorgan. It was launched on Oct 29, 2024.

Performance

MAGD.L vs. JEQP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares Magnificent 7 Options ETP (MAGD.L) and JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.L). The values are adjusted to include any dividend payments, if applicable.

MAGD.L vs. JEQP.L - Yearly Performance Comparison

	2026 (YTD)	2025
MAGD.L IncomeShares Magnificent 7 Options ETP	-19.75%	10.94%
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP	-2.29%	13.92%

Different Trading Currencies

MAGD.L is traded in USD, while JEQP.L is traded in GBp. To make them comparable, the JEQP.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, MAGD.L achieves a -19.75% return, which is significantly lower than JEQP.L's -2.29% return.

MAGD.L

• 1D: -0.82%
• 1M: -5.00%
• YTD: -19.75%
• 6M: -19.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEQP.L

• 1D: 2.74%
• 1M: -2.26%
• YTD: -2.29%
• 6M: 2.84%
• 1Y: 20.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAGD.L vs. JEQP.L - Expense Ratio Comparison

MAGD.L has a 0.45% expense ratio, which is higher than JEQP.L's 0.35% expense ratio.

MAGD.L

IncomeShares Magnificent 7 Options ETP

JEQP.L

JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP

Return for Risk

MAGD.L vs. JEQP.L — Risk / Return Rank

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

JEQP.L

JEQP.L Risk / Return Rank: 72
JEQP.L Sharpe Ratio Rank: 62
JEQP.L Sortino Ratio Rank: 62
JEQP.L Omega Ratio Rank: 61
JEQP.L Calmar Ratio Rank: 88
JEQP.L Martin Ratio Rank: 85

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.

MAGD.L vs. JEQP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Magnificent 7 Options ETP (MAGD.L) and JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MAGD.L	JEQP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.70	0.66	-1.36

Correlation

The correlation between MAGD.L and JEQP.L is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MAGD.L vs. JEQP.L - Dividend Comparison

MAGD.L's dividend yield for the trailing twelve months is around 0.25%, less than JEQP.L's 11.04% yield.

	TTM	2025	2024
MAGD.L IncomeShares Magnificent 7 Options ETP	0.25%	0.07%	0.00%
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP	11.04%	10.25%	0.73%

Drawdowns

MAGD.L vs. JEQP.L - Drawdown Comparison

The maximum MAGD.L drawdown since its inception was -27.28%, which is greater than JEQP.L's maximum drawdown of -20.32%. Use the drawdown chart below to compare losses from any high point for MAGD.L and JEQP.L.

Drawdown Indicators

	MAGD.L	JEQP.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.28%	-21.99%	-5.29%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.99%	—
Current Drawdown Current decline from peak	-26.11%	-2.83%	-23.28%
Average Drawdown Average peak-to-trough decline	-8.36%	-5.46%	-2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.67%	—

Volatility

Volatility by Period

	MAGD.L	JEQP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.09%	16.32%	+3.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.09%	16.26%	+3.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.09%	16.26%	+3.83%