MJMT.DE vs. JEIP.L
MJMT.DE (Amundi MSCI Europe Momentum Factor UCITS ETF EUR) and JEIP.L (JPM US Equity Premium Income Active UCITS ETF USD Dist) are both exchange-traded funds - MJMT.DE is a Momentum fund tracking the MSCI Europe Momentum Index, while JEIP.L is a Derivative Income fund actively managed by JPMorgan. MJMT.DE is passively managed, while JEIP.L is actively managed. Over the past year, MJMT.DE returned 21.10% vs 7.81% for JEIP.L. At a 0.30 correlation, their price movements are largely independent. MJMT.DE charges 0.23%/yr vs 0.35%/yr for JEIP.L.
Performance
MJMT.DE vs. JEIP.L - Performance Comparison
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Different Trading Currencies
MJMT.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, MJMT.DE achieves a 9.28% return, which is significantly higher than JEIP.L's 1.98% return.
MJMT.DE
- 1D
- 1.82%
- 1M
- 2.83%
- YTD
- 9.28%
- 6M
- 12.67%
- 1Y
- 21.10%
- 3Y*
- 20.45%
- 5Y*
- 11.60%
- 10Y*
- 12.16%
JEIP.L
- 1D
- 0.17%
- 1M
- 2.13%
- YTD
- 1.98%
- 6M
- 2.32%
- 1Y
- 7.81%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MJMT.DE vs. JEIP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MJMT.DE Amundi MSCI Europe Momentum Factor UCITS ETF EUR | 9.28% | 27.24% | -0.11% |
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist | 1.98% | -4.40% | -20.22% |
Correlation
The correlation between MJMT.DE and JEIP.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024 | 0.30 |
The correlation between MJMT.DE and JEIP.L shifts across timeframes, from 0.19 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MJMT.DE vs. JEIP.L — Risk / Return Rank
MJMT.DE
JEIP.L
MJMT.DE vs. JEIP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Europe Momentum Factor UCITS ETF EUR (MJMT.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.
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.
| MJMT.DE | JEIP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.16 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.41 | +0.40 |
| Martin ratioReturn relative to average drawdown | 6.92 | 3.92 | +3.00 |
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Drawdowns
MJMT.DE vs. JEIP.L - Drawdown Comparison
The maximum MJMT.DE drawdown since its inception was -31.35%, roughly equal to the maximum JEIP.L drawdown of -32.24%. Use the drawdown chart below to compare losses from any high point for MJMT.DE and JEIP.L.
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Drawdown Indicators
| MJMT.DE | JEIP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.35% | -32.24% | +0.89% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -5.50% | -6.06% |
Max Drawdown (3Y)Largest decline over 3 years | -15.62% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.84% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.35% | — | — |
Current DrawdownCurrent decline from peak | -0.21% | -22.22% | +22.01% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -23.42% | +18.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 1.99% | +1.05% |
Volatility
MJMT.DE vs. JEIP.L - Volatility Comparison
Amundi MSCI Europe Momentum Factor UCITS ETF EUR (MJMT.DE) has a higher volatility of 4.75% compared to JPM US Equity Premium Income Active UCITS ETF USD Dist (JEIP.L) at 1.95%. This indicates that MJMT.DE's price experiences larger fluctuations and is considered to be riskier than JEIP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MJMT.DE | JEIP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.75% | 1.95% | +2.80% |
Volatility (6M)Calculated over the trailing 6-month period | 14.65% | 6.07% | +8.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.11% | 8.53% | +8.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.36% | 20.21% | -3.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.37% | 20.21% | -3.84% |
MJMT.DE vs. JEIP.L - Expense Ratio Comparison
MJMT.DE has a 0.23% expense ratio, which is lower than JEIP.L's 0.35% expense ratio.
Dividends
MJMT.DE vs. JEIP.L - Dividend Comparison
MJMT.DE has not paid dividends to shareholders, while JEIP.L's dividend yield for the trailing twelve months is around 7.93%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JEIP.L JPM US Equity Premium Income Active UCITS ETF USD Dist | 7.93% | 7.18% | 0.61% |
MJMT.DE Amundi MSCI Europe Momentum Factor UCITS ETF EUR | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MJMT.DE and JEIP.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MJMT.DE is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MJMT.DE is cheaper with a 0.23% expense ratio, compared with 0.35% for JEIP.L.
MJMT.DE is categorized as Momentum, while JEIP.L is Derivative Income. They also come from different issuers: Amundi and JPMorgan. Their fees differ too: 0.23% for MJMT.DE and 0.35% for JEIP.L.
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