OIBFX vs. JEPAX

Last updated Apr 1, 2026

Compare and contrast key facts about JPMorgan Investor Balanced Fund (OIBFX) and JPMorgan Equity Premium Income Fund Class A (JEPAX).

OIBFX is managed by JPMorgan. It was launched on Dec 9, 1996. JEPAX is managed by JPMorgan. It was launched on Aug 31, 2018.

Performance

OIBFX vs. JEPAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Investor Balanced Fund (OIBFX) and JPMorgan Equity Premium Income Fund Class A (JEPAX). The values are adjusted to include any dividend payments, if applicable.

OIBFX vs. JEPAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
OIBFX JPMorgan Investor Balanced Fund	-2.94%	12.69%	9.25%	15.06%	-13.62%	10.92%	14.23%	8.95%
JEPAX JPMorgan Equity Premium Income Fund Class A	-2.40%	7.55%	12.07%	9.42%	-4.05%	19.13%	5.75%	7.45%

Returns By Period

In the year-to-date period, OIBFX achieves a -2.94% return, which is significantly lower than JEPAX's -2.40% return.

OIBFX

• 1D: 0.12%
• 1M: -5.26%
• YTD: -2.94%
• 6M: -1.41%
• 1Y: 9.14%
• 3Y*: 9.53%
• 5Y*: 5.10%
• 10Y*: 7.25%

JEPAX

• 1D: 0.07%
• 1M: -7.35%
• YTD: -2.40%
• 6M: 0.30%
• 1Y: 4.66%
• 3Y*: 8.21%
• 5Y*: 7.30%
• 10Y*: —

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

OIBFX vs. JEPAX - Expense Ratio Comparison

OIBFX has a 0.32% expense ratio, which is lower than JEPAX's 0.85% expense ratio.

JEPAX

JPMorgan Equity Premium Income Fund Class A

OIBFX

JPMorgan Investor Balanced Fund

Return for Risk

OIBFX vs. JEPAX — Risk / Return Rank

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

OIBFX

OIBFX Risk / Return Rank: 58
OIBFX Sharpe Ratio Rank: 59
OIBFX Sortino Ratio Rank: 58
OIBFX Omega Ratio Rank: 57
OIBFX Calmar Ratio Rank: 57
OIBFX Martin Ratio Rank: 60

JEPAX

JEPAX Risk / Return Rank: 19
JEPAX Sharpe Ratio Rank: 18
JEPAX Sortino Ratio Rank: 18
JEPAX Omega Ratio Rank: 21
JEPAX Calmar Ratio Rank: 16
JEPAX Martin Ratio Rank: 21

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.

OIBFX vs. JEPAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Investor Balanced Fund (OIBFX) and JPMorgan Equity Premium Income Fund Class A (JEPAX). 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.

	OIBFX	JEPAX	Difference
Sharpe ratio Return per unit of total volatility	1.07	0.46	+0.61
Sortino ratio Return per unit of downside risk	1.54	0.74	+0.79
Omega ratio Gain probability vs. loss probability	1.22	1.12	+0.11
Calmar ratio Return relative to maximum drawdown	1.35	0.46	+0.89
Martin ratio Return relative to average drawdown	5.78	2.14	+3.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OIBFX vs. JEPAX - Sharpe Ratio Comparison

The current OIBFX Sharpe Ratio is 1.07, which is higher than the JEPAX Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of OIBFX and JEPAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OIBFX	JEPAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	0.46	+0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.64	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.51	+0.22

Correlation

The correlation between OIBFX and JEPAX is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

OIBFX vs. JEPAX - Dividend Comparison

OIBFX's dividend yield for the trailing twelve months is around 5.76%, less than JEPAX's 7.45% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OIBFX JPMorgan Investor Balanced Fund	5.76%	6.10%	6.00%	3.51%	7.07%	4.40%	6.20%	6.72%	7.91%	6.95%	3.81%	5.21%
JEPAX JPMorgan Equity Premium Income Fund Class A	7.45%	7.88%	6.95%	8.19%	11.98%	5.96%	11.35%	5.61%	0.00%	0.00%	0.00%	0.00%

Drawdowns

OIBFX vs. JEPAX - Drawdown Comparison

The maximum OIBFX drawdown since its inception was -29.42%, smaller than the maximum JEPAX drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for OIBFX and JEPAX.

Drawdown Indicators

	OIBFX	JEPAX	Difference
Max Drawdown Largest peak-to-trough decline	-29.42%	-32.69%	+3.27%
Max Drawdown (1Y) Largest decline over 1 year	-6.40%	-10.43%	+4.03%
Max Drawdown (5Y) Largest decline over 5 years	-18.74%	-13.74%	-5.00%
Max Drawdown (10Y) Largest decline over 10 years	-21.08%	—	—
Current Drawdown Current decline from peak	-5.54%	-7.35%	+1.81%
Average Drawdown Average peak-to-trough decline	-3.50%	-3.05%	-0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.49%	2.23%	-0.74%

Volatility

OIBFX vs. JEPAX - Volatility Comparison

The current volatility for JPMorgan Investor Balanced Fund (OIBFX) is 2.89%, while JPMorgan Equity Premium Income Fund Class A (JEPAX) has a volatility of 3.45%. This indicates that OIBFX experiences smaller price fluctuations and is considered to be less risky than JEPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OIBFX	JEPAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	3.45%	-0.56%
Volatility (6M) Calculated over the trailing 6-month period	4.98%	6.50%	-1.52%
Volatility (1Y) Calculated over the trailing 1-year period	8.77%	13.68%	-4.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.86%	11.40%	-2.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.12%	15.02%	-5.90%