JPMorgan Equity Premium Income ETF
$57.39+0.18 (+0.31%)
- 0.35%
- $46.2B
- +9.6%
- 7.93%
- 4.4M sh
- low $55.10high $59.90
The ETF.net JEPI Grade
A
Score 83 out of 100
- 1 of 16
Score 83 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A87 out of 100Rank 2 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 7 of 14Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A77 out of 100Rank 2 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A80 out of 100Rank 2 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A94 out of 100Rank 1 of 16
Our read on JEPI
In short
AThe fund that made "covered call income" a household phrase. JEPI pairs an actively picked, lower-volatility slice of the S&P 500 with call premium collected through equity-linked notes, and pays it out monthly.
Stated mandate
Seeks current income and capital appreciation while pursuing most of the S&P 500's total-return exposure with lower volatility and incremental income.
Why people hold it
Worth knowing
JEPI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
JEPI$10,961
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | JEPI |
|---|---|
| Year to date | +6.8% |
| 1 month | +3.0% |
| 3 months | +2.1% |
| 1 year | +9.6% |
| 3 years | +11.5% |
| 5 years | +7.4% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JEPI |
|---|---|---|
| 2026 YTD | +6.8% | |
| 2025 | +8.1% | |
| 2024 | +12.6% | |
| 2023 | +9.8% | |
| 2022 | −3.5% | |
| 2021 | +21.5% | |
| 2020 | +18.6% |
JEPI in the news
JEPI Dividends
- 7.93%
- $4.56
- $0.34 per share
- Monthly
JEPI Risk
- 7.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.87
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −13.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.43
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
JEPI Cost
Overpaying vs SPIN, cheapest in S&P 500 Active Option Income
$1,967
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
JEPI 0.35%
$7,126
SPIN 0.25% Cheapest
$5,159
Cost over time
Year by year
| Year | JEPI | SPIN | Overpaying |
|---|---|---|---|
| 10 | $634 | $455 | $179 |
| 20 | $2,454 | $1,769 | $685 |
| 30 | $7,126 | $5,159 | $1,967 |
Other funds in S&P 500 Active Option Income
- AJOYTJPMorgan Equity and Options Total Return ETFExpense ratio 0.35%1 year return +13.0%
- AROCYJPMorgan Equity Premium Yield ETFExpense ratio 0.35%1 year return
- ADIVOAmplify CWP Enhanced Dividend Income ETFExpense ratio 0.56%1 year return +12.5%
- AHELOJPMorgan Hedged Equity Laddered Overlay ETFExpense ratio 0.50%1 year return +5.6%
- ASPINState Street US Equity Premium Income ETFExpense ratio 0.25%1 year return +6.7%
