T vs. JEPI

Last updated Apr 2, 2026

Compare and contrast key facts about AT&T Inc. (T) and JPMorgan Equity Premium Income ETF (JEPI).

JEPI is an actively managed fund by JPMorgan. It was launched on May 20, 2020.

Performance

T vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AT&T Inc. (T) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

T vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
T AT&T Inc.	15.30%	13.97%	44.08%	-2.74%	5.76%	-8.09%	0.09%
JEPI JPMorgan Equity Premium Income ETF	0.46%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.61%

Returns By Period

In the year-to-date period, T achieves a 15.30% return, which is significantly higher than JEPI's 0.46% return.

T

• 1D: -2.35%
• 1M: 1.07%
• YTD: 15.30%
• 6M: 5.08%
• 1Y: 3.75%
• 3Y*: 20.19%
• 5Y*: 10.67%
• 10Y*: 5.61%

JEPI

• 1D: 0.27%
• 1M: -4.29%
• YTD: 0.46%
• 6M: 3.19%
• 1Y: 8.06%
• 3Y*: 9.67%
• 5Y*: 8.32%
• 10Y*: —

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

Return for Risk

T vs. JEPI — Risk / Return Rank

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

T

T Risk / Return Rank: 43
T Sharpe Ratio Rank: 47
T Sortino Ratio Rank: 38
T Omega Ratio Rank: 37
T Calmar Ratio Rank: 46
T Martin Ratio Rank: 47

JEPI

JEPI Risk / Return Rank: 34
JEPI Sharpe Ratio Rank: 31
JEPI Sortino Ratio Rank: 31
JEPI Omega Ratio Rank: 37
JEPI Calmar Ratio Rank: 31
JEPI Martin Ratio Rank: 40

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.

T vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and JPMorgan Equity Premium Income ETF (JEPI). 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.

	T	JEPI	Difference
Sharpe ratio Return per unit of total volatility	0.17	0.61	-0.44
Sortino ratio Return per unit of downside risk	0.38	0.95	-0.57
Omega ratio Gain probability vs. loss probability	1.05	1.16	-0.11
Calmar ratio Return relative to maximum drawdown	0.22	0.79	-0.57
Martin ratio Return relative to average drawdown	0.49	3.83	-3.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

T vs. JEPI - Sharpe Ratio Comparison

The current T Sharpe Ratio is 0.17, which is lower than the JEPI Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of T and JEPI, 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

	T	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.17	0.61	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.76	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	1.04	-0.64

Correlation

The correlation between T and JEPI is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

T vs. JEPI - Dividend Comparison

T's dividend yield for the trailing twelve months is around 3.92%, less than JEPI's 8.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
T AT&T Inc.	3.92%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%
JEPI JPMorgan Equity Premium Income ETF	8.46%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

T vs. JEPI - Drawdown Comparison

The maximum T drawdown since its inception was -64.15%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for T and JEPI.

Drawdown Indicators

	T	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-64.15%	-13.71%	-50.44%
Max Drawdown (1Y) Largest decline over 1 year	-20.60%	-10.28%	-10.32%
Max Drawdown (5Y) Largest decline over 5 years	-36.68%	-13.71%	-22.97%
Max Drawdown (10Y) Largest decline over 10 years	-42.35%	—	—
Current Drawdown Current decline from peak	-2.71%	-4.53%	+1.82%
Average Drawdown Average peak-to-trough decline	-15.74%	-2.07%	-13.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.06%	2.12%	+6.94%

Volatility

T vs. JEPI - Volatility Comparison

AT&T Inc. (T) has a higher volatility of 6.76% compared to JPMorgan Equity Premium Income ETF (JEPI) at 3.90%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	T	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.76%	3.90%	+2.86%
Volatility (6M) Calculated over the trailing 6-month period	16.58%	6.36%	+10.22%
Volatility (1Y) Calculated over the trailing 1-year period	22.51%	13.24%	+9.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.85%	11.06%	+12.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.49%	10.88%	+12.61%