Seeking current income, long term growth or a combination of both
EQUITY PREMIUM INCOME ETF
JEPI
- Provides broad exposure to stocks in the S&P 500 index
- World's largest actively managed ETF*
- 2023 ETF of the Year Award3
- 7.90% 30-day SEC Yield (subsidized and unsubsidized)
BLENDED APPROACH2
JEPI + JEPQ
- Seek to generate consistent monthly income through stock dividends and options
- 9.41% 30-day SEC Yield (subsidized and unsubsidized)
NASDAQ EQUITY PREMIUM INCOME ETF
JEPQ
- Provides exposure to stocks in the Nasdaq 100 Index which has higher allocations to growth-oriented sectors of the market
- Outperformed 94% of peers over latest one-year period based on return4
- 11.68% 30-day SEC Yield (subsidized and unsubsidized)
* Source: Morningstar. JEPI Based on 2023 Global Actively Managed ETF AUM as of 9/30/23.
JEPI + JEPQ: Why invest in both?
Broaden your exposure to growth
- Combining JEPI and JEPQ can help investors participate more fully in the U.S. equity markets
- With JEPI’s sector allocations capped at 17.5%, investors will always have a structural underweight to the S&P 500’s sectors
- A mix of 60% JEPI and 40% JEPQ can provide investors with S&P-like sector exposure, more closely aligning their exposure to tech with that of the S&P 500 Index
Source: Standard & Poor’s, J.P. Morgan Asset Management; data as of 9/30/23. The 40/60 JEPQ/JEPI illustration represents a hypothetical portfolio that is not offered by J.P. Morgan Asset Management. Sector allocations are subject to change at the discretion of the Investment Manager without notice.
JEPI Performance
The performance quoted is past performance and is not a guarantee of future results. Investment returns and principal value of an investment will fluctuate so that an investor s shares, when sold or redeemed, may be worth more or less than original cost. Current performance may be higher or lower than the performance data shown. For performance current to the most recent month-end please call 1-844-4JPM-ETF.
*Fund performance inception: 5/20/2020
A fund s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.
Prior to the implementation of a new management agreement on 11/1/19, performance for some periods may have reflected the waiver of all or a portion of the Funds advisory or administrative fees and/or reimbursement of other expenses by the adviser. Without these waivers or reimbursements, performance would have been lower.
Effective 12/9/19 the market price returns are calculated using the official closing price. Prior to 12/9/19 the market price returns were calculated using the midpoint between the highest bid and the lowest offering on the listing exchange as of the time that the Fund's NAV is calculated.
Currently, the yield is unaffected by a fee waiver.
ETFs have fees that reduce their performance: indexes do not. You cannot invest directly in an index.
JEPQ Performance
The performance quoted is past performance and is not a guarantee of future results. Investment returns and principal value of an investment will fluctuate so that an investor s shares, when sold or redeemed, may be worth more or less than original cost. Current performance may be higher or lower than the performance data shown. For performance current to the most recent month-end please call 1-844-4JPM-ETF.
Performance may reflect the waiver of a portion of the Funds advisory or administrative fees for certain periods since the inception date. If fees had not been waived, performance would have been less favorable.
*Fund performance inception: 5/3/2022
Nasdaq®, Nasdaq-100 Index®, Nasdaq 100® and NDX® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the Corporations") and are licensed for use by J.P. Morgan Investment Management Inc. JPMorgan Nasdaq Equity Premium Income ETF (the Fund") has not been passed on by the Corporations as to its legality or suitability. The Fund is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.
A fund s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.
Prior to the implementation of a new management agreement on 11/1/19, performance for some periods may have reflected the waiver of all or a portion of the Funds advisory or administrative fees and/or reimbursement of other expenses by the adviser. Without these waivers or reimbursements, performance would have been lower.
Effective 12/9/19 the market price returns are calculated using the official closing price. Prior to 12/9/19 the market price returns were calculated using the midpoint between the highest bid and the lowest offering on the listing exchange as of the time that the Fund's NAV is calculated.
ETFs have fees that reduce their performance: indexes do not. You cannot invest directly in an index.
Risk Summary
The price of equity securities may fluctuate rapidly or unpredictably due to factors affecting individual companies, as well as changes in economic or political conditions.
These price movements may result in loss of your investment. Investments in Equity-Linked Notes (ELNs) are subject to liquidity risk, which may make ELNs difficult to sell and value. Lack of liquidity may also cause the value of the ELN to decline. Since ELNs are in note form, they are subject to certain debt securities risks, such as credit or counterparty risk. Should the prices of the underlying instruments move in an unexpected manner, the Fund may not achieve the anticipated benefits of an investment in an ELN, and may realize losses, which could be significant and could include the Fund s entire principal investment.
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1The 12-Month Rolling Dividend Yield represents the sum of the dividend yield (non-annualized) for the 12 most recent regularly declared income dividends as well as any special income distributions in the intervening period. Dividend yield (non-annualized) is calculated by dividing the dividend per share by the net asset value per share as of the relevant ex-dividend date.
2Blended approach is a hypothetical combination of 2 separate ETFs - 60% JEPI and 40% JEPQ - and is shown for illustrative purposes only, not available in blended vehicle.
3Source: etf.com 2023 Awards. ETF of the Year. Following an open nominee process, the etf.com Awards Nominating Committee, made up of etf.com editorial staff, screened nominations eligibility (appropriate timing and category). The Committee ranked their top five, resulting in a final slate for each category. Winners among the finalists were selected by a majority vote of the etf.com Award panel of judges, a group of independent ETF experts from the ETF industry. Complete details may be found here: https://www.etf.com/awards.
4Source: Morningstar. Derivate income category as of 9.30.23 ranked 3 of 89 funds.
RISK SUMMARY: The price of equity securities may fluctuate rapidly or unpredictably due to factors affecting individual companies, as well as changes in economic or political conditions. These price movements may result in loss of your investment. Investments in Equity-Linked Notes (ELNs) are subject to liquidity risk, which may make ELNs difficult to sell and value. Lack of liquidity may also cause the value of the ELN to decline. Since ELNs are in note form, they are subject to certain debt securities risks, such as credit or counterparty risk. Should the prices of the underlying instruments move in an unexpected manner, the Fund may not achieve the anticipated benefits of an investment in an ELN, and may realize losses, which could be significant and could include the Fund's entire principal investment.