JEPI vs SIXH
JPMorgan Equity Premium Income ETF vs ETC 6 Meridian Hedged Equity Index Option ETF
Which is better, JEPI or SIXH?
SIXH has been ahead.
JEPI has a lower expense ratio. SIXH led over 1Y, 3Y, 5Y and the full window.
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 | SIXH |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.73% |
| AUM | $45.7B | $605M |
| Dividend Yield | 8.16% | 1.78% |
| Holdings | 271 | 106 |
| YTD Return | +5.33% | +14.72%Best |
| 1Y Return | +8.29% | +17.59%Best |
| 3Y Return (annualized) | +10.19% | +13.16%Best |
| 5Y Return (annualized) | +7.54% | +9.95%Best |
| Volatility (annualized) | 9.9% | 9.1%Best |
| Max Drawdown | -13.7% | -11.7%Best |
| $10,000 over 5 years | $14,383 | $16,069Best |
| 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 SIXH 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 SIXH Performance
JPMorgan Equity Premium Income ETF (JEPI) is an ETF from J.P. Morgan Asset Management and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF. Over the past year JEPI returned +8.29% while SIXH returned +17.59%. Year to date, JEPI is up 5.33% versus a gain of 14.72% for SIXH.
Over three years, JEPI compounded at +10.19% per year against +13.16% for SIXH; over five years the annualized figures are +7.54% and +9.95% respectively. Across the full 6-year window we track, SIXH has the edge at +11.11% annualized vs +9.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JEPI has been the more volatile fund, with annualized monthly volatility of 9.9% compared with 9.1% for SIXH. 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 -11.7% for SIXH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JEPI charges 0.35% per year while SIXH charges 0.73%. On a $10,000 position that is $35 vs $73 annually, a gap of $38 per year that compounds over a long holding period. On income, JEPI currently yields 8.16% against 1.78% for SIXH.
Holdings Overlap
At least 65.9% of SIXH'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 52 in SIXH, against full books of 271 and 106.
Top Shared Holdings
| Stock | Weight in JEPI | Weight in SIXH | Difference |
|---|---|---|---|
| MOAltria Group Inc | 0.22% | 4.93% | 4.71% |
| LRCXLrcx Uw Equity | 1.71% | 3.01% | 1.30% |
| PEPPepsico Inc. | 0.98% | 3.50% | 2.52% |
| TAT&T Inc. | 0.63% | 3.63% | 3.00% |
| JNJJohnson & Johnson - Common | 1.70% | 2.50% | 0.80% |
| BMYBristol-Myers Squibb Co. | 0.62% | 3.56% | 2.94% |
| MUMicron Technology, Inc. | 1.10% | 2.97% | 1.87% |
| PMPhilip Morris International Inc. | 1.44% | 2.55% | 1.11% |
| VZVerizon Communic | 0.38% | 3.55% | 3.17% |
| MDLZMondelez International Inc Com A Npv | 1.25% | 2.41% | 1.16% |
65.9% of SIXH 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 SIXH?
JEPI has an expense ratio of 0.35% while SIXH charges 0.73%. JEPI is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, JEPI or SIXH?
Over the past year JEPI returned +8.29% vs +17.59% for SIXH, so SIXH leads on 1-year performance. Over the longest common window we track (6 years), JEPI annualized +9.97% vs +11.11% for SIXH. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JEPI or SIXH?
JEPI has been the more volatile fund at 9.9% annualized versus 9.1% for SIXH. Worst drawdown: JEPI -13.7% vs SIXH -11.7%.
Should I hold both JEPI and SIXH?
JEPI and SIXH have a monthly-return correlation of 0.77, 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 SIXH?
At least 65.9% of SIXH'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 52 in SIXH.
Which pays a higher dividend, JEPI or SIXH?
JEPI yields 8.16% while SIXH yields 1.78%, so JEPI currently pays the higher dividend yield.
Is SIXH better than JEPI?
JEPI has a lower expense ratio. SIXH led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.