VTI vs. JEPI

Last updated Jun 6, 2026

VTI (Vanguard Total Stock Market ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both exchange-traded funds - VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index, while JEPI is a Dividend fund actively managed by JPMorgan. VTI is passively managed, while JEPI is actively managed. Over the past 5 years, VTI returned 12.19%/yr vs 7.30%/yr for JEPI. A 0.78 correlation means they provide meaningful diversification when combined. VTI charges 0.03%/yr vs 0.35%/yr for JEPI.

Performance

VTI vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Stock Market ETF (VTI) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTI achieves a 8.72% return, which is significantly higher than JEPI's 0.35% return.

VTI

• 1D: -2.68%
• 1M: 0.42%
• YTD: 8.72%
• 6M: 8.29%
• 1Y: 26.04%
• 3Y*: 21.08%
• 5Y*: 12.19%
• 10Y*: 14.71%

JEPI

• 1D: -0.34%
• 1M: -1.01%
• YTD: 0.35%
• 6M: 0.76%
• 1Y: 7.86%
• 3Y*: 9.00%
• 5Y*: 7.30%
• 10Y*: —

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

VTI vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VTI Vanguard Total Stock Market ETF	8.72%	17.10%	23.81%	26.05%	-19.52%	25.68%	32.44%
JEPI JPMorgan Equity Premium Income ETF	0.35%	8.09%	12.57%	9.83%	-3.49%	21.52%	18.61%

Correlation

The correlation between VTI and JEPI is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (All Time) Calculated using the full available price history since May 22, 2020	0.78

The correlation between VTI and JEPI shifts across timeframes, from 0.64 (1 year) to 0.78 (5 years), reflecting how their relationship changes across market environments.

VTI vs. JEPI - Sectors Allocation Comparison

Sectors	VTI	JEPI
Technology	33.5%	19.1%
Financial Services	12.0%	9.8%
Communication Services	10.3%	6.9%
Consumer Cyclical	10.0%	11.7%
Industrials	9.8%	13.8%
Healthcare	9.2%	14.1%
Consumer Defensive	4.7%	9.6%
Energy	3.7%	3.5%
Real Estate	2.4%	3.5%
Utilities	2.3%	6.2%
Basic Materials	2.0%	1.9%

Return for Risk

VTI vs. JEPI — Risk / Return Rank

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

VTI

VTI Risk / Return Rank: 64
VTI Sharpe Ratio Rank: 64
VTI Sortino Ratio Rank: 61
VTI Omega Ratio Rank: 63
VTI Calmar Ratio Rank: 60
VTI Martin Ratio Rank: 73

JEPI

JEPI Risk / Return Rank: 27
JEPI Sharpe Ratio Rank: 29
JEPI Sortino Ratio Rank: 28
JEPI Omega Ratio Rank: 28
JEPI Calmar Ratio Rank: 25
JEPI Martin Ratio Rank: 27

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.

VTI vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market ETF (VTI) 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.

	VTI	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	2.10	1.00	+1.10
Sortino ratio: Return per unit of downside risk	2.83	1.49	+1.34
Omega ratio: Gain probability vs. loss probability	1.38	1.18	+0.19
Calmar ratio: Return relative to maximum drawdown	2.93	1.18	+1.75
Martin ratio: Return relative to average drawdown	13.45	3.74	+9.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTI vs. JEPI - Sharpe Ratio Comparison

The current VTI Sharpe Ratio is 2.10, which is higher than the JEPI Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of VTI and JEPI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VTI	JEPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	1.00	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.66	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	1.01	-0.51

Drawdowns

VTI vs. JEPI - Drawdown Comparison

The maximum VTI drawdown since its inception was -55.45%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for VTI and JEPI.

Drawdown Indicators

	VTI	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-13.71%	-41.74%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-6.68%	-2.24%
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	-13.26%	-6.04%
Max Drawdown (5Y) Largest decline over 5 years	-25.36%	-13.71%	-11.65%
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	—	—
Current Drawdown Current decline from peak	-2.93%	-4.64%	+1.71%
Average Drawdown Average peak-to-trough decline	-8.02%	-2.12%	-5.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	2.11%	-0.17%

Volatility

VTI vs. JEPI - Volatility Comparison

Vanguard Total Stock Market ETF (VTI) has a higher volatility of 3.90% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.49%. This indicates that VTI'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

	VTI	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	1.49%	+2.41%
Volatility (6M) Calculated over the trailing 6-month period	9.55%	6.08%	+3.47%
Volatility (1Y) Calculated over the trailing 1-year period	12.48%	7.88%	+4.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.44%	11.05%	+6.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.32%	10.79%	+7.53%

VTI vs. JEPI - Expense Ratio Comparison

VTI has a 0.03% expense ratio, which is lower than JEPI's 0.35% expense ratio.

Dividends

VTI vs. JEPI - Dividend Comparison

VTI's dividend yield for the trailing twelve months is around 1.04%, less than JEPI's 8.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JEPI JPMorgan Equity Premium Income ETF	8.26%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.04%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both VTI and JEPI in my portfolio?

VTI and JEPI have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTI or JEPI?

VTI has higher volatility (3.90%) compared to JEPI (1.49%). In terms of maximum drawdown, VTI dropped -55.45% vs JEPI's -13.71%.

Which ETF is better, VTI or JEPI?

On 5-year performance, VTI leads with 12.19% vs 7.30% for JEPI. On fees, VTI is cheaper at 0.03% per year. On volatility, JEPI has been the lower-risk option at 1.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTI or JEPI?

Over the 5-year period, VTI has performed better with a 12.19% return vs 7.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTI or JEPI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.35% for JEPI.

Which ETF pays a higher dividend yield, VTI or JEPI?

JEPI has the higher dividend yield at 8.26%, compared with 1.04% for VTI.

What is the main difference between VTI and JEPI?

VTI is categorized as Large Cap Blend Equities, while JEPI is Dividend. They also come from different issuers: Vanguard and JPMorgan. Their fees differ too: 0.03% for VTI and 0.35% for JEPI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (2.10 vs 1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.