JEPI vs PSIL
JPMorgan Equity Premium Income ETF vs ADVISORSHARES PSYCHEDELICS ETF
Which is better, JEPI or PSIL?
Each has led over a different period.
JEPI has a lower expense ratio. JEPI led over 5Y and the full window, PSIL over 1Y and 3Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JEPI | PSIL |
|---|---|---|
| Expense Ratio | 0.35%Best | 1.00% |
| AUM | $45.7B | $44M |
| Dividend Yield | 8.16% | 7.45% |
| Holdings | 271 | 33 |
| YTD Return | +5.33% | +16.80%Best |
| 1Y Return | +8.29% | +9.75%Best |
| 3Y Return (annualized) | +10.19% | +14.39%Best |
| 5Y Return (annualized) | +7.54%Best | -23.59% |
| Volatility (annualized) | 9.9%Best | 49.1% |
| Max Drawdown | -13.7%Best | -92.7% |
| $10,000 over 5 years | $14,383Best | $2,605 |
| Fund Family | J.P. Morgan Asset Management | Advisor Shares |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 20, 2020 | Sep 15, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 16, 2021 to Oct 14, 2026 (5.1 years).
JEPI vs PSIL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.1 years both funds cover.
JEPI vs PSIL Performance
JPMorgan Equity Premium Income ETF (JEPI) is an ETF from J.P. Morgan Asset Management and ADVISORSHARES PSYCHEDELICS ETF (PSIL) is an ETF from Advisor Shares. Over the past year JEPI returned +8.29% while PSIL returned +9.75%. Year to date, JEPI is up 5.33% versus a gain of 16.80% for PSIL.
Over three years, JEPI compounded at +10.19% per year against +14.39% for PSIL; over five years the annualized figures are +7.54% and -23.59% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSIL has been the more volatile fund, with annualized monthly volatility of 49.1% compared with 9.9% for JEPI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.7% for JEPI and -92.7% for PSIL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.14. They move largely independently of each other.
Fees and Cost Over Time
JEPI charges 0.35% per year while PSIL charges 1.00%. On a $10,000 position that is $35 vs $100 annually, a gap of $65 per year that compounds over a long holding period. On income, JEPI currently yields 8.16% against 7.45% for PSIL.
Holdings Overlap
At least 13.7% of PSIL's money is in holdings JEPI also owns.
Stated as a floor: for JEPI, our book for it covers 86.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
PSIL and JEPI share little of their money.
3 positions in common, counted across the 121 positions we hold weights for in JEPI and 29 in PSIL, against full books of 271 and 33.
You are not choosing between two funds in isolation.
Whichever of JEPI and PSIL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JEPI or PSIL?
JEPI has an expense ratio of 0.35% while PSIL charges 1.00%. JEPI is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, JEPI or PSIL?
Over the past year JEPI returned +8.29% vs +9.75% for PSIL, so PSIL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JEPI or PSIL?
PSIL has been the more volatile fund at 49.1% annualized versus 9.9% for JEPI. Worst drawdown: JEPI -13.7% vs PSIL -92.7%.
Should I hold both JEPI and PSIL?
JEPI and PSIL have a monthly-return correlation of 0.14, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between JEPI and PSIL?
At least 13.7% of PSIL's money is in holdings JEPI also owns. Our book for JEPI is partial, so the real figure is this or higher. They hold 3 positions in common, counted across the 121 positions we hold weights for in JEPI and 29 in PSIL.
Which pays a higher dividend, JEPI or PSIL?
JEPI yields 8.16% while PSIL yields 7.45%, so JEPI currently pays the higher dividend yield.
Is PSIL better than JEPI?
JEPI has a lower expense ratio. JEPI led over 5Y and the full window, PSIL over 1Y and 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.