JEPI vs SIXA
JPMorgan Equity Premium Income ETF vs ETC 6 Meridian Mega Cap Equity ETF
Which is better, JEPI or SIXA?
SIXA has been ahead.
JEPI has a lower expense ratio. SIXA led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91.
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 | SIXA |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.47% |
| AUM | $45.7B | $540M |
| Dividend Yield | 8.16% | 1.96% |
| Holdings | 271 | 150 |
| YTD Return | +5.33% | +16.78%Best |
| 1Y Return | +8.29% | +19.27%Best |
| 3Y Return (annualized) | +10.19% | +21.22%Best |
| 5Y Return (annualized) | +7.54% | +12.90%Best |
| Volatility (annualized) | 9.9%Best | 12.6% |
| Max Drawdown | -13.7%Best | -18.4% |
| $10,000 over 5 years | $14,383 | $18,343Best |
| Fund Family | J.P. Morgan Asset Management | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 20, 2020 | May 11, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 21, 2020 to Oct 14, 2026 (6.4 years).
JEPI vs SIXA 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 6.4 years both funds cover.
JEPI vs SIXA Performance
JPMorgan Equity Premium Income ETF (JEPI) is an ETF from J.P. Morgan Asset Management and ETC 6 Meridian Mega Cap Equity ETF (SIXA) is an ETF from 6 Meridian ETF. Over the past year JEPI returned +8.29% while SIXA returned +19.27%. Year to date, JEPI is up 5.33% versus a gain of 16.78% for SIXA.
Over three years, JEPI compounded at +10.19% per year against +21.22% for SIXA; over five years the annualized figures are +7.54% and +12.90% respectively. Across the full 6-year window we track, SIXA has the edge at +15.69% annualized vs +9.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SIXA has been the more volatile fund, with annualized monthly volatility of 12.6% 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 -18.4% for SIXA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JEPI charges 0.35% per year while SIXA charges 0.47%. On a $10,000 position that is $35 vs $47 annually, a gap of $12 per year that compounds over a long holding period. On income, JEPI currently yields 8.16% against 1.96% for SIXA.
Holdings Overlap
At least 69.2% of SIXA'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.
The two portfolios partly overlap.
31 positions in common, counted across the 121 positions we hold weights for in JEPI and 50 in SIXA, against full books of 271 and 150.
Top Shared Holdings
| Stock | Weight in JEPI | Weight in SIXA | Difference |
|---|---|---|---|
| MOAltria Group Inc | 0.22% | 5.18% | 4.96% |
| LRCXLam Research Corp | 1.71% | 3.16% | 1.45% |
| PEPPepsico Inc. | 0.98% | 3.67% | 2.69% |
| TAT&T Inc. | 0.63% | 3.81% | 3.18% |
| BMYBristol-Myers Squibb Co. | 0.62% | 3.74% | 3.12% |
| JNJJohnson & Johnson - Common | 1.70% | 2.63% | 0.93% |
| MUMicron Technology, Inc. | 1.10% | 3.13% | 2.03% |
| PMPhilip Morris International Inc. | 1.44% | 2.69% | 1.25% |
| VZVerizon Communic | 0.38% | 3.73% | 3.35% |
| MDLZMondelez International Inc Com A Npv | 1.25% | 2.53% | 1.28% |
69.2% of SIXA is already inside JEPI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JEPI or SIXA?
JEPI has an expense ratio of 0.35% while SIXA charges 0.47%. JEPI is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, JEPI or SIXA?
Over the past year JEPI returned +8.29% vs +19.27% for SIXA, so SIXA leads on 1-year performance. Over the longest common window we track (6 years), JEPI annualized +9.97% vs +15.69% for SIXA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JEPI or SIXA?
SIXA has been the more volatile fund at 12.6% annualized versus 9.9% for JEPI. Worst drawdown: JEPI -13.7% vs SIXA -18.4%.
Should I hold both JEPI and SIXA?
JEPI and SIXA have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between JEPI and SIXA?
At least 69.2% of SIXA's money is in holdings JEPI also owns. Our book for JEPI is partial, so the real figure is this or higher. They hold 31 positions in common, counted across the 121 positions we hold weights for in JEPI and 50 in SIXA.
Which pays a higher dividend, JEPI or SIXA?
JEPI yields 8.16% while SIXA yields 1.96%, so JEPI currently pays the higher dividend yield.
Is SIXA better than JEPI?
JEPI has a lower expense ratio. SIXA led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.