XUDV vs. JEPI

Last updated Jun 24, 2026

XUDV (Franklin U.S. Dividend Booster Index ETF) and JEPI (JPMorgan Equity Premium Income ETF) are both Dividend funds. XUDV is passively managed, while JEPI is actively managed. Over the past year, XUDV returned 30.71% vs 7.76% for JEPI. A 0.74 correlation means they provide meaningful diversification when combined. XUDV charges 0.09%/yr vs 0.35%/yr for JEPI.

Performance

XUDV vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin U.S. Dividend Booster Index ETF (XUDV) 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, XUDV achieves a 20.52% return, which is significantly higher than JEPI's 0.91% return.

XUDV

• 1D: -0.32%
• 1M: 1.06%
• YTD: 20.52%
• 6M: 19.58%
• 1Y: 30.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPI

• 1D: -0.43%
• 1M: -0.19%
• YTD: 0.91%
• 6M: 0.64%
• 1Y: 7.76%
• 3Y*: 8.98%
• 5Y*: 7.31%
• 10Y*: —

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

XUDV vs. JEPI - Yearly Performance Comparison

	2026 (YTD)	2025
XUDV Franklin U.S. Dividend Booster Index ETF	20.52%	8.52%
JEPI JPMorgan Equity Premium Income ETF	0.91%	5.63%

Correlation

The correlation between XUDV and JEPI is 0.68, 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	0.68
Correlation (All Time) Calculated using the full available price history since Jan 23, 2025	0.74

The correlation between XUDV and JEPI has been stable across timeframes, ranging from 0.68 to 0.74 - a consistent structural relationship.

XUDV vs. JEPI - Sectors Allocation Comparison

Sectors	XUDV	JEPI
Financial Services	23.5%	7.2%
Consumer Defensive	15.0%	7.8%
Technology	13.5%	15.3%
Industrials	12.0%	9.7%
Healthcare	7.9%	11.6%
Consumer Cyclical	7.7%	10.0%
Communication Services	7.0%	6.3%
Energy	6.3%	2.5%
Utilities	3.7%	4.7%
Basic Materials	1.3%	1.7%
Real Estate	-	2.7%

Return for Risk

XUDV vs. JEPI — Risk / Return Rank

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

XUDV

XUDV Risk / Return Rank: 84
XUDV Sharpe Ratio Rank: 84
XUDV Sortino Ratio Rank: 85
XUDV Omega Ratio Rank: 78
XUDV Calmar Ratio Rank: 89
XUDV Martin Ratio Rank: 85

JEPI

JEPI Risk / Return Rank: 27
JEPI Sharpe Ratio Rank: 28
JEPI Sortino Ratio Rank: 27
JEPI Omega Ratio Rank: 26
JEPI Calmar Ratio Rank: 25
JEPI Martin Ratio Rank: 26

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.

XUDV vs. JEPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Dividend Booster Index ETF (XUDV) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XUDV	JEPI	Difference
Sharpe ratio: Return per unit of total volatility	2.48	0.97	+1.50
Sortino ratio: Return per unit of downside risk	3.46	1.45	+2.01
Omega ratio: Gain probability vs. loss probability	1.42	1.18	+0.24
Calmar ratio: Return relative to maximum drawdown	4.87	1.17	+3.70
Martin ratio: Return relative to average drawdown	16.36	3.44	+12.92

XUDV vs. JEPI - Sharpe Ratio Comparison

The current XUDV Sharpe Ratio is 2.48, which is higher than the JEPI Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of XUDV 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.

Drawdowns

XUDV vs. JEPI - Drawdown Comparison

The maximum XUDV drawdown since its inception was -15.98%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for XUDV and JEPI.

Drawdown Indicators

	XUDV	JEPI	Difference
Max Drawdown Largest peak-to-trough decline	-15.98%	-13.71%	-2.27%
Max Drawdown (1Y) Largest decline over 1 year	-6.34%	-6.68%	+0.34%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.71%	—
Current Drawdown Current decline from peak	-1.80%	-4.11%	+2.31%
Average Drawdown Average peak-to-trough decline	-2.06%	-2.13%	+0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	2.26%	-0.38%

Volatility

XUDV vs. JEPI - Volatility Comparison

Franklin U.S. Dividend Booster Index ETF (XUDV) has a higher volatility of 4.47% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.38%. This indicates that XUDV'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

	XUDV	JEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.47%	2.38%	+2.09%
Volatility (6M) Calculated over the trailing 6-month period	8.82%	6.29%	+2.53%
Volatility (1Y) Calculated over the trailing 1-year period	12.47%	8.03%	+4.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.31%	11.08%	+5.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.31%	10.78%	+5.53%

XUDV vs. JEPI - Expense Ratio Comparison

XUDV has a 0.09% expense ratio, which is lower than JEPI's 0.35% expense ratio.

Dividends

XUDV vs. JEPI - Dividend Comparison

XUDV's dividend yield for the trailing twelve months is around 2.58%, less than JEPI's 8.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
JEPI JPMorgan Equity Premium Income ETF	8.21%	8.25%	7.33%	8.40%	11.68%	6.59%	5.79%
XUDV Franklin U.S. Dividend Booster Index ETF	2.58%	3.80%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XUDV and JEPI in my portfolio?

XUDV and JEPI have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XUDV or JEPI?

XUDV has higher volatility (4.47%) compared to JEPI (2.38%). In terms of maximum drawdown, XUDV dropped -15.98% vs JEPI's -13.71%.

Which ETF is better, XUDV or JEPI?

On 1-year performance, XUDV leads with 30.71% vs 7.76% for JEPI. On fees, XUDV is cheaper at 0.09% per year. On volatility, JEPI has been the lower-risk option at 2.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XUDV or JEPI?

Over the 1-year period, XUDV has performed better with a 30.71% return vs 7.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XUDV or JEPI?

XUDV is cheaper with a 0.09% expense ratio, compared with 0.35% for JEPI.

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

JEPI has the higher dividend yield at 8.21%, compared with 2.58% for XUDV.

What is the main difference between XUDV and JEPI?

They also come from different issuers: Franklin and JPMorgan. Their fees differ too: 0.09% for XUDV and 0.35% for JEPI.

Which has better risk-adjusted returns?

XUDV currently has the higher Sharpe Ratio (2.48 vs 0.97), 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.