ETF Analysis
JEPI ETF: Options-Income Strategy, Holdings, Fees and Risk
JEPI answer
JEPI, the JPMorgan Equity Premium Income ETF, holds a portfolio of large U.S. stocks and sells S&P 500 call options through equity-linked notes, turning option premium into monthly income. Its largest stock positions are MSFT (1.9%), AAPL (1.9%), AMZN (1.9%), META (1.9%), NVDA (1.8%). The expense ratio is 0.35% and the fund manages $46B. Selling calls caps part of the upside in strong markets in exchange for that income, so JEPI tends to lag the S&P 500 in sharp rallies.
- Expense ratio
- 0.35%
- Fund size
- $46B
- Holdings
- 136
- Largest holdings
- MSFT, AAPL, AMZN
- Beta
- 0.43
- Annual volatility
- 8.39%
JPMorgan Equity Premium Income ETF (JEPI) currently has an AIQ Score of 67/100, indicating a neutral setup. Momentum is the strongest factor at 79/100. Value is the weakest current factor at 51/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.
JEPI at a Glance
Crawlable current metrics from the latest market-close ETF snapshot.
| Metric | Current |
|---|---|
| Price | $57.35 |
| AIQ Score | 67/100 |
| Overall View | Neutral |
| Technical Analysis Consensus | Strong Buy |
| Fund Size | $46B |
| Expense Ratio | 0.35% |
| Holdings Count | 136 |
| NAV | $57.37 |
| Asset Class | US Equity |
| Primary Exposure | Cash & Others (17.31%) |
| Issuer | J.P. Morgan |
| Domicile | US |
| Inception Date | May 20, 2020 |
| Distribution Yield | 8.00% |
| Beta | 0.43 |
| Average Volume | 4.43M |
| 52-week range | $55.10-$59.90 |
| RSI 14 | 76.1 |
| 50-Day SMA | $57.01 |
| 200-Day SMA | $57.19 |
| Risk Score | 74/100 |
| Momentum Score | 79/100 |
| Value Exposure Score | 51/100 |
JEPI Long-Horizon ETF Performance
Trailing returns, growth of $10,000, drawdown history, and calendar-year returns from available daily closes.
| Period | Total return | Annualized | Max drawdown | Start date |
|---|---|---|---|---|
| 1Y | 0.33% | 0.33% | -7.67% | Oct 20, 2025 |
| 3Y | 8.88% | 2.88% | -15.93% | Oct 20, 2023 |
| 5Y | -7.54% | -1.56% | -20.01% | Oct 22, 2021 |
| 10Y | -7.54% | -1.56% | -20.01% | Oct 22, 2021 |
Growth of $10,000
Indexed to the first available close in this history window.
Drawdown History
Peak-to-trough decline from each prior high over the available window.
Calendar-Year Returns
Full-year returns where available, with the current calendar year shown as YTD.
JEPIJPMorgan Equity Premium Income ETF
Financial Services / Asset Management - Income
Leader
Sector Leader
Latest quote
- Momentum79
- Value51
- Quality68
- Risk resilience74
- Sentiment57
JEPI ETF Analysis Summary
JPMorgan Equity Premium Income ETF (JEPI) currently has an AIQ Score of 67/100, indicating a neutral setup. Momentum is the strongest factor at 79/100. Value is the weakest current factor at 51/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.
In a neutral regime, JEPI has AIQ Score of 67/100 with Momentum base of 79/100 and fading Value at 51/100. Wait for component alignment before adding exposure.
Momentum (79/100) leads while Value (51/100) lags. This cross-factor spread creates entry timing uncertainty.
Financial Services · -0.02% ETF move · JEPI classified in Asset Management - Income.
Current Evidence
AlgovestIQ Evidence Summary
Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.
Is JEPI Bullish or Bearish Right Now?
JEPI currently has a neutral overall setup. Momentum is the strongest factor at 79/100, while Value is weakest at 51/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.
- - Quality is supportive at 68/100.
- - Momentum is constructive at 79/100.
- - Risk Resilience is supportive at 74/100.
- - Price is +0.59% above its 50-day SMA.
- - Technical consensus has more buy votes than sell votes (35 vs 8).
- - No strong bearish evidence is available in the current snapshot.
Current Consensus
JEPI's Technical Analysis Consensus is currently Strong Buy, with 35 buy, 2 neutral, and 8 sell votes. JEPI's 14-day RSI is 76.1, which places the ETF in an overbought momentum range. JEPI's beta is 0.43, indicating lower market sensitivity than the broad market.
What Changed in JEPI?
The largest recent change in JEPI is Momentum moving up by 31.0 points over the available 7-day comparison window. Momentum remains the strongest visible factor.
What Would Change the JEPI Outlook?
The current neutral outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.
AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.
AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.
JEPI Decision Framework
Public evidence layers, setup checks, and risk context for JPMorgan Equity Premium Income ETF.
JPMorgan Equity Premium Income ETF (JEPI) ETF Analysis
JPMorgan Equity Premium Income ETF has an AIQ Score of 67/100 in a Neutral regime. Momentum is strongest at 79/100. Beta is 0.43, below market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.
| Evidence Layer | Public Evidence |
|---|---|
| Regime Context | JEPI is in a Neutral AIQ regime with score 67/100. |
| Signal Conflict | The primary conflict is that momentum leads at 79/100 while value lags at 51/100. |
| Factor Evidence | Momentum 79/100 · Value 51/100 · Quality 68/100 · Risk 74/100 · Sentiment 57/100 |
| Persistence | Current snapshot evidence is shown; historical persistence remains in AIQ Pro. |
Current Setup Checklist
Momentum is the strongest factor at 79/100.
Momentum is 79/100 and RSI (14) is 76.1.
JEPI is in a Neutral regime at 67/100.
Risk factor is 74/100 with beta 0.43 and annual volatility 8.39%.
Current conflict: momentum leads at 79/100 while value lags at 51/100.
JEPI Research Cluster
ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.
JEPI ETF Analytics
JEPI holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.
JEPI Technical Analysis
JEPI technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.
JEPI ETF Market Context
Track JEPI market context, news pressure, trend changes, income events, and current allocation evidence.
JEPI Distribution Analysis
JEPI distribution yield, annualized distributions, payment history, and income context.
JEPI ETF Data
JEPI available fund data, market metrics, technical readings, risk measures, and AIQ evidence.
JEPI Risk Analysis
JEPI volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.
JEPI ETF News
JEPI ETF news, market tone, recent headlines, and catalyst context.
JEPI vs Dividend ETF Peers
Current peer cohort: JEPI · JEPQ · SCHD · PG · VYM. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.
| Peer | AIQ | Value | Momentum | Risk | Sharpe | 1Y Volatility | Compare |
|---|---|---|---|---|---|---|---|
| JEPI Current ETF | 67/100 | 51/100 | 79/100 | 74/100 | -0.39 | 8.39% | Current |
| JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 56/100 | 45/100 | 40/100 | 80/100 | 0.03 | 15.14% | JEPI vs JEPQ |
| SCHD Schwab U.S. Dividend Equity ETF | 69/100 | 51/100 | 79/100 | 72/100 | 1.94 | 11.23% | JEPI vs SCHD |
| PG Procter & Gamble | 60/100 | 34/100 | 81/100 | 53/100 | 0.06 | 19.90% | JEPI vs PG |
| VYM Vanguard High Dividend Yield ETF | 67/100 | 52/100 | 80/100 | 81/100 | 0.99 | 10.10% | JEPI vs VYM |
Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 21, 2026.
Popular JEPI Comparisons
How JEPI scores against the names it is most often compared with.
About the AIQ Score
Methodology for the current ETF evidence.
The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.
View AIQ methodologyFactor Diagnostics
A compact bridge from the AIQ score to the evidence tabs.
Valuation exposure across the fund's holdings.
Quality context inferred from fund exposure and available evidence.
Trend, momentum, volume, and timing confirmation.
Resilience, volatility, beta, drawdown, and tail risk.
News and event pressure around the setup.
Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.
AIQ Component Profile
Compare the five component scores on one consistent 0–100 scale.
Review earnings timing, revisions, news pressure, and prior event reactions in one place.
Open catalystsNo quarterly financial rows in this snapshot.
Checked Oct 21, 2026
Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.
ETF Analytics Snapshot
Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.
ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.
Market Confirmation
Technicals are summarized first, with the indicator library behind it.
Risk Alignment
Higher resilience is stronger; exposure metrics stay separate.
Continue Researching JEPI
Open the detailed evidence pages and workflows behind the ETF overview read.
Premium Feature
Full AIQ Analysis
AIQ Intelligence
AIQ Pro for JEPI
Scenario Analysis
AIQ Scenario Builder
Portfolio Implication
Related Links
JEPI ETF FAQ
How does JEPI work?
JEPI holds large U.S. stocks and sells S&P 500 call options through equity-linked notes. The option premium funds most of its monthly distributions, at the cost of some upside when markets rally.
What is JEPI's expense ratio?
JEPI's expense ratio is 0.35% a year.
What are JEPI's top holdings?
JEPI's largest stock positions are MSFT (1.9%), AAPL (1.9%), AMZN (1.9%), META (1.9%), NVDA (1.8%).