UIQ4.DE vs. JEPI

Last updated Apr 2, 2026

Compare and contrast key facts about UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE) and JPMorgan Equity Premium Income ETF (JEPI).

UIQ4.DE and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UIQ4.DE is a passively managed fund by UBS that tracks the performance of the Euro Equity Defensive Put Write Index. It was launched on Jun 27, 2016. JEPI is an actively managed fund by JPMorgan. It was launched on May 20, 2020.

Performance

UIQ4.DE vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

UIQ4.DE vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025
UIQ4.DE UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc	0.12%	6.38%
JEPI JPMorgan Equity Premium Income ETF	2.01%	3.75%

Different Trading Currencies

UIQ4.DE is traded in EUR, while JEPI is traded in USD. To make them comparable, the JEPI values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, UIQ4.DE achieves a 0.12% return, which is significantly lower than JEPI's 2.01% return.

UIQ4.DE

• 1D: 1.19%
• 1M: -0.67%
• YTD: 0.12%
• 6M: 3.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPI

• 1D: 0.16%
• 1M: -3.28%
• YTD: 2.01%
• 6M: 4.65%
• 1Y: 0.82%
• 3Y*: 7.33%
• 5Y*: 8.71%
• 10Y*: —

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

UIQ4.DE vs. JEPI - Expense Ratio Comparison

UIQ4.DE has a 0.21% expense ratio, which is lower than JEPI's 0.35% expense ratio.

JEPI

JPMorgan Equity Premium Income ETF

UIQ4.DE

UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc

Return for Risk

UIQ4.DE vs. JEPI — Risk / Return Rank

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

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.

UIQ4.DE vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE) 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.

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

Sharpe Ratios by Period

	UIQ4.DE	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	0.86	+0.25

Correlation

The correlation between UIQ4.DE and JEPI is 0.29, 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

UIQ4.DE vs. JEPI - Dividend Comparison

UIQ4.DE has not paid dividends to shareholders, while JEPI's dividend yield for the trailing twelve months is around 8.46%.

	TTM	2025	2024	2023	2022	2021	2020
UIQ4.DE UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JEPI JPMorgan Equity Premium Income ETF	8.46%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%

Drawdowns

UIQ4.DE vs. JEPI - Drawdown Comparison

The maximum UIQ4.DE drawdown since its inception was -3.90%, smaller than the maximum JEPI drawdown of -19.13%. Use the drawdown chart below to compare losses from any high point for UIQ4.DE and JEPI.

Drawdown Indicators

	UIQ4.DE	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-3.90%	-13.71%	+9.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.28%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.71%	—
Current Drawdown Current decline from peak	-1.53%	-4.53%	+3.00%
Average Drawdown Average peak-to-trough decline	-0.88%	-2.07%	+1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.12%	—

Volatility

Volatility by Period

	UIQ4.DE	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.24%	15.76%	-8.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.24%	12.14%	-4.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.24%	11.94%	-4.70%