PSOPX vs. JEPIX

Last updated Apr 1, 2026

Compare and contrast key facts about JPMorgan Small Cap Value Fund (PSOPX) and JPMorgan Equity Premium Income Fund Class I (JEPIX).

PSOPX is managed by JPMorgan. It was launched on Jan 27, 1995. JEPIX is managed by JPMorgan. It was launched on Aug 31, 2018.

Performance

PSOPX vs. JEPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Small Cap Value Fund (PSOPX) and JPMorgan Equity Premium Income Fund Class I (JEPIX). The values are adjusted to include any dividend payments, if applicable.

PSOPX vs. JEPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PSOPX JPMorgan Small Cap Value Fund	1.06%	12.32%	15.20%	13.08%	-13.37%	32.44%	6.14%	19.14%	-20.53%
JEPIX JPMorgan Equity Premium Income Fund Class I	-2.35%	7.82%	12.43%	9.68%	-3.81%	19.36%	6.02%	16.44%	-9.93%

Returns By Period

In the year-to-date period, PSOPX achieves a 1.06% return, which is significantly higher than JEPIX's -2.35% return.

PSOPX

• 1D: -1.04%
• 1M: -7.58%
• YTD: 1.06%
• 6M: 6.15%
• 1Y: 22.53%
• 3Y*: 14.21%
• 5Y*: 6.76%
• 10Y*: 9.16%

JEPIX

• 1D: 0.15%
• 1M: -7.28%
• YTD: -2.35%
• 6M: 0.41%
• 1Y: 4.98%
• 3Y*: 8.50%
• 5Y*: 7.58%
• 10Y*: —

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

PSOPX vs. JEPIX - Expense Ratio Comparison

PSOPX has a 0.94% expense ratio, which is higher than JEPIX's 0.63% expense ratio.

PSOPX

JPMorgan Small Cap Value Fund

JEPIX

JPMorgan Equity Premium Income Fund Class I

Return for Risk

PSOPX vs. JEPIX — Risk / Return Rank

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

PSOPX

PSOPX Risk / Return Rank: 57
PSOPX Sharpe Ratio Rank: 56
PSOPX Sortino Ratio Rank: 59
PSOPX Omega Ratio Rank: 49
PSOPX Calmar Ratio Rank: 62
PSOPX Martin Ratio Rank: 58

JEPIX

JEPIX Risk / Return Rank: 20
JEPIX Sharpe Ratio Rank: 20
JEPIX Sortino Ratio Rank: 19
JEPIX Omega Ratio Rank: 23
JEPIX Calmar Ratio Rank: 17
JEPIX Martin Ratio Rank: 22

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.

PSOPX vs. JEPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Small Cap Value Fund (PSOPX) and JPMorgan Equity Premium Income Fund Class I (JEPIX). 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.

	PSOPX	JEPIX	Difference
Sharpe ratio Return per unit of total volatility	1.03	0.48	+0.55
Sortino ratio Return per unit of downside risk	1.53	0.78	+0.75
Omega ratio Gain probability vs. loss probability	1.20	1.12	+0.08
Calmar ratio Return relative to maximum drawdown	1.42	0.49	+0.94
Martin ratio Return relative to average drawdown	5.60	2.28	+3.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSOPX vs. JEPIX - Sharpe Ratio Comparison

The current PSOPX Sharpe Ratio is 1.03, which is higher than the JEPIX Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of PSOPX and JEPIX, 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

	PSOPX	JEPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	0.48	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.67	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.47	-0.03

Correlation

The correlation between PSOPX and JEPIX is 0.64, 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

PSOPX vs. JEPIX - Dividend Comparison

PSOPX's dividend yield for the trailing twelve months is around 9.18%, more than JEPIX's 7.69% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSOPX JPMorgan Small Cap Value Fund	9.18%	9.31%	12.79%	1.59%	9.50%	16.48%	0.74%	6.38%	16.22%	6.38%	0.73%	5.58%
JEPIX JPMorgan Equity Premium Income Fund Class I	7.69%	8.12%	7.20%	8.42%	12.24%	6.15%	11.59%	3.91%	0.00%	0.00%	0.00%	0.00%

Drawdowns

PSOPX vs. JEPIX - Drawdown Comparison

The maximum PSOPX drawdown since its inception was -60.75%, which is greater than JEPIX's maximum drawdown of -32.63%. Use the drawdown chart below to compare losses from any high point for PSOPX and JEPIX.

Drawdown Indicators

	PSOPX	JEPIX	Difference
Max Drawdown Largest peak-to-trough decline	-60.75%	-32.63%	-28.12%
Max Drawdown (1Y) Largest decline over 1 year	-14.00%	-10.49%	-3.51%
Max Drawdown (5Y) Largest decline over 5 years	-24.08%	-13.67%	-10.41%
Max Drawdown (10Y) Largest decline over 10 years	-46.52%	—	—
Current Drawdown Current decline from peak	-9.11%	-7.28%	-1.83%
Average Drawdown Average peak-to-trough decline	-10.32%	-3.19%	-7.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	2.24%	+1.32%

Volatility

PSOPX vs. JEPIX - Volatility Comparison

JPMorgan Small Cap Value Fund (PSOPX) has a higher volatility of 6.04% compared to JPMorgan Equity Premium Income Fund Class I (JEPIX) at 3.47%. This indicates that PSOPX's price experiences larger fluctuations and is considered to be riskier than JEPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSOPX	JEPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.04%	3.47%	+2.57%
Volatility (6M) Calculated over the trailing 6-month period	12.89%	6.47%	+6.42%
Volatility (1Y) Calculated over the trailing 1-year period	21.84%	13.70%	+8.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.49%	11.39%	+10.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.52%	14.84%	+8.68%