JPMorgan Equity Premium Income ETF (JEPI)
JPMorgan Equity Premium Income ETF (JEPI) is an actively managed exchange-traded fund (ETF) that aims to provide investors with high current income and the potential for capital appreciation. The fund invests in a diversified portfolio of stocks that are selected based on their potential to generate income through monthly dividends and other distributions.
JEPI focuses on high-quality, blue-chip companies with a history of stable earnings and dividends. The fund typically invests in large and mid-cap stocks across various sectors, including financials, healthcare, consumer staples, and technology.
JEPI is managed by JPMorgan Asset Management, one of the largest asset managers in the world. The fund has an expense ratio of 0.35%, higher than many passively managed ETFs.
ETF Info
| ISIN | US46641Q3323 |
|---|---|
| CUSIP | 46641Q332 |
| Issuer | JPMorgan Chase |
| Inception Date | May 20, 2020 |
| Region | North America (U.S.) |
| Category | Actively Managed, Dividend, Derivative Income |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Home Page | am.jpmorgan.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
JEPI has a high expense ratio of 0.35%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in JPMorgan Equity Premium Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
JPMorgan Equity Premium Income ETF had a return of 6.77% year-to-date (YTD) and 12.89% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.77% | 11.18% |
| 1 month | 3.86% | 5.60% |
| 6 months | 9.79% | 17.48% |
| 1 year | 12.89% | 26.33% |
| 5 years (annualized) | N/A | 13.16% |
| 10 years (annualized) | N/A | 10.99% |
Monthly Returns
The table below presents the monthly returns of JEPI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.78% | 2.35% | 2.10% | -2.75% | 6.77% | ||||||||
| 2023 | 1.80% | -2.25% | 2.29% | 2.30% | -1.74% | 3.12% | 1.65% | 0.00% | -3.06% | -1.08% | 4.69% | 2.00% | 9.83% |
| 2022 | -3.48% | -1.23% | 3.37% | -3.67% | -0.07% | -3.66% | 4.74% | -2.94% | -6.35% | 7.53% | 5.22% | -1.96% | -3.49% |
| 2021 | -1.60% | 0.68% | 6.35% | 2.59% | 1.76% | 1.61% | 2.57% | 1.74% | -4.15% | 4.58% | -1.69% | 5.75% | 21.53% |
| 2020 | 2.52% | -0.50% | 5.51% | 2.38% | -0.76% | -1.43% | 7.26% | 2.60% | 18.61% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of JEPI is 74, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
JEPI (JPMorgan Equity Premium Income ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for JPMorgan Equity Premium Income ETF (JEPI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
JPMorgan Equity Premium Income ETF granted a 7.26% dividend yield in the last twelve months. The annual payout for that period amounted to $4.17 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $4.17 | $4.62 | $6.36 | $4.16 | $3.23 |
Dividend yield | 7.26% | 8.40% | 11.68% | 6.59% | 5.79% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan Equity Premium Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.30 | $0.30 | $0.35 | $0.33 | $1.27 | |||||||
| 2023 | $0.00 | $0.44 | $0.41 | $0.45 | $0.42 | $0.37 | $0.36 | $0.29 | $0.34 | $0.36 | $0.36 | $0.82 | $4.62 |
| 2022 | $0.00 | $0.38 | $0.46 | $0.59 | $0.47 | $0.52 | $0.62 | $0.50 | $0.56 | $0.48 | $0.61 | $1.18 | $6.36 |
| 2021 | $0.00 | $0.26 | $0.32 | $0.35 | $0.37 | $0.31 | $0.40 | $0.26 | $0.34 | $0.34 | $0.37 | $0.84 | $4.16 |
| 2020 | $0.49 | $0.29 | $0.45 | $0.43 | $0.52 | $1.04 | $3.23 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan Equity Premium Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JPMorgan Equity Premium Income ETF was 13.71%, occurring on Sep 30, 2022. Recovery took 177 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.71% | Apr 21, 2022 | 113 | Sep 30, 2022 | 177 | Jun 15, 2023 | 290 |
| -7.11% | Jan 3, 2022 | 36 | Feb 23, 2022 | 32 | Apr 8, 2022 | 68 |
| -6.71% | Sep 15, 2023 | 31 | Oct 27, 2023 | 24 | Dec 1, 2023 | 55 |
| -4.52% | Sep 3, 2021 | 19 | Sep 30, 2021 | 18 | Oct 26, 2021 | 37 |
| -4.15% | Oct 13, 2020 | 14 | Oct 30, 2020 | 3 | Nov 4, 2020 | 17 |
Volatility
Volatility Chart
The current JPMorgan Equity Premium Income ETF volatility is 1.90%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.