(JEPI) JPMorgan Equity Premium - Overview
Etf: Equity Securities, Call Options, ELNs, S&P 500
Dividends
| Dividend Yield | 8.93% |
| Yield on Cost 5y | 12.94% |
| Yield CAGR 5y | 3.20% |
| Payout Consistency | 93.7% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 8.01% |
| Relative Tail Risk | 7.12% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.39 |
| Alpha | -2.38 |
| Character TTM | |
|---|---|
| Beta | 0.631 |
| Beta Downside | 0.713 |
| Drawdowns 3y | |
|---|---|
| Max DD | 13.26% |
| CAGR/Max DD | 0.84 |
Description: JEPI JPMorgan Equity Premium January 29, 2026
The JPMorgan Equity Premium Income ETF (JEPI) pursues total return by combining an actively managed basket of U.S. large-cap equities with equity-linked notes that sell covered call options against the S&P 500 Total Return Index. This hybrid approach is intended to generate capital appreciation and regular income while dampening portfolio volatility relative to the broad U.S. large-cap market.
As of the most recent quarter (Q4 2025), JEPI reported a 12-month distribution yield of approximately 7.4 % and an expense ratio of 0.35 %. Assets under management stand near $32 billion, and the fund’s annualized return over the past 12 months was +9.2 % versus +12.5 % for the S&P 500, with a realized volatility of roughly 10 % compared with the index’s 15 %.
Key drivers of JEPI’s performance include (1) the level of S&P 500 implied volatility, which was around 18 points in January 2026, supporting higher option premium income; (2) the Federal Reserve’s policy rate, currently near 5.0 %, which influences both equity valuations and the attractiveness of option-selling strategies; and (3) sector weightings, where the fund remains overweight in consumer discretionary and technology-areas that have shown relative resilience in the current earnings-growth environment.
For a deeper, data-driven assessment of how JEPI’s risk-adjusted return profile stacks up against alternatives, you might explore the analytics platform ValueRay.
What is the price of JEPI shares?
Over the past week, the price has changed by +1.18%, over one month by +2.45%, over three months by +6.29% and over the past year by +8.72%.
Is JEPI a buy, sell or hold?
What are the forecasts/targets for the JEPI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 69.9 | 18.3% |
JEPI Fundamental Data Overview February 09, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 43.75b USD (43.75b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 43.75b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 43.75b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.24% (E(43.75b)/V(43.75b) * Re(8.24%) + (debt-free company))
Discount Rate = 8.24% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)