JEPI vs MUB

Comparison between JPMORGAN EQUITY PREMIUM INCOME ETF (JEPI, ETF) and ISHARES NATIONAL MUNI BOND ETF (MUB, ETF).

5-Year PerformanceJEPI has outperformed MUB, delivering a return of +7.6% compared to +0.9%

JEPI vs MUB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JEPI(ETF)	MUB(ETF)
Net Assets	$46B	$44B
Expense Ratio	0.35%	0.05%
Max Drawdown	20.01%	14.39%
Sharpe Ratio	0.57	0.66
5Y Beta	0.59	0.05
P/E Ratio	26.78	N/A
Forward P/E	20.94	N/A
PEG Ratio	0.84	N/A
5Y Dividends CAGR	4.64%	9.25%
5Y EPS CAGR	17.56%	N/A
Debt to Equity	-35.90%	N/A
P/S Ratio	3.54	N/A
P/B Ratio	5.31	N/A

Net Assets

Winner

JEPI

$46B

MUB

$44B

Expense Ratio

JEPI

0.35%

Winner

MUB

0.05%

Max Drawdown

JEPI

20.01%

Winner

MUB

14.39%

Sharpe Ratio

JEPI

0.57

Winner

MUB

0.66

5Y Beta

JEPI

0.59

Winner

MUB

0.05

P/E Ratio

JEPI

26.78

MUB

N/A

Forward P/E

JEPI

20.94

MUB

N/A

PEG Ratio

JEPI

0.84

MUB

N/A

5Y Dividends CAGR

JEPI

4.64%

Winner

MUB

9.25%

5Y EPS CAGR

JEPI

17.56%

MUB

N/A

Debt to Equity

JEPI

-35.90%

MUB

N/A

P/S Ratio

JEPI

3.54

MUB

N/A

P/B Ratio

JEPI

5.31

MUB

N/A

JEPI vs MUB - Historical Returns

Returns include dividend reinvestment.

Period	JEPI	MUB
1 month	-2.57%	-0.07%
3 months	-3.68%	-0.70%
6 months	+2.48%	+1.09%
1 year	+8.46%	+5.43%
5 years(CAGR)	+7.63%	+0.89%
10 years(CAGR)	N/A	+1.92%
Max(CAGR)	+10.99%	+3.10%

JEPI

-2.57%

Winner

MUB

-0.07%

JEPI

-3.68%

Winner

MUB

-0.70%

Winner

JEPI

+2.48%

MUB

+1.09%

Winner

JEPI

+8.46%

MUB

+5.43%

5Y(CAGR)

Winner

JEPI

+7.63%

MUB

+0.89%

10Y(CAGR)

JEPI

N/A

MUB

+1.92%

Max(CAGR)

Winner

JEPI

+10.99%

MUB

+3.10%

JEPI vs MUB - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	JEPI	MUB
2026	+0.25%	+0.50%
2025	+8.18%	+3.65%
2024	+12.29%	+1.40%
2023	+9.85%	+5.17%
2022	-3.09%	-7.26%
2021	+22.85%	+1.08%
2020	+18.59%	+5.03%
2019	N/A	+7.08%
2018	N/A	+1.07%
2017	N/A	+4.82%
2016	N/A	+0.05%
2015	N/A	+3.17%
2014	N/A	+9.00%
2013	N/A	-4.44%
2012	N/A	+5.08%
2011	N/A	+12.54%
2010	N/A	-0.05%
2009	N/A	+7.11%
2008	N/A	+0.84%
2007	N/A	+1.76%

JEPI vs MUB Drawdown Comparison

The maximum drawdown for JEPI was -13.72%, occurring on Sep 30, 2022. Recovery took 291 trading sessions.

The maximum drawdown for MUB was -13.68%, occurring on Mar 19, 2020. Recovery took 100 trading sessions.

The current JEPI drawdown is -4.60%. The current MUB drawdown is -1.30%.

Rank	JEPI	MUB
#1	-13.72% Apr 20, 2022 - Jun 16, 2023	-13.68% Mar 9, 2020 - Jul 30, 2020
#2	-13.26% Feb 19, 2025 - Aug 22, 2025	-12.33% Sep 9, 2008 - Jan 8, 2009
#3	-7.11% Dec 31, 2021 - Apr 8, 2022	-11.89% Jul 19, 2021 - Dec 4, 2024
#4	-6.70% Sep 14, 2023 - Dec 1, 2023	-9.74% Nov 30, 2012 - Jul 21, 2014
#5	-6.68% Feb 27, 2026 - Mar 27, 2026	-8.86% Aug 25, 2010 - Jul 13, 2011
#6	-4.92% Nov 29, 2024 - Feb 19, 2025	-6.70% Jul 7, 2016 - Dec 21, 2018
#7	-4.52% Sep 2, 2021 - Oct 26, 2021	-5.67% Jan 17, 2008 - May 20, 2008
#8	-4.15% Oct 12, 2020 - Nov 5, 2020	-5.41% Feb 13, 2012 - Sep 28, 2012
#9	-3.86% Jul 31, 2024 - Aug 15, 2024	-4.80% Jan 12, 2009 - Apr 16, 2009
#10	-3.59% Mar 28, 2024 - May 15, 2024	-4.78% Dec 6, 2024 - Sep 10, 2025
#11	-3.58% Sep 2, 2020 - Oct 7, 2020	-3.79% May 20, 2008 - Sep 5, 2008
#12	-3.37% Jun 3, 2020 - Jul 6, 2020	-3.53% May 20, 2009 - Aug 19, 2009
#13	-3.23% Nov 16, 2021 - Dec 7, 2021	-3.16% Sep 30, 2009 - Apr 21, 2010
#14	-2.83% Jan 25, 2021 - Feb 18, 2021	-2.94% Jan 30, 2015 - Nov 23, 2015
#15	-2.57% Feb 18, 2021 - Mar 9, 2021	-2.79% Feb 26, 2026 - Mar 26, 2026

Correlation

Correlation between JEPI and MUB is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.51

-101

Dividend Comparison (2007 - 2026)

JEPI vs MUB dividend yield comparison.

Year	JEPI	MUB
2026	2.80%	1.07%
2025	8.25%	3.14%
2024	7.33%	3.01%
2023	8.40%	2.65%
2022	11.68%	2.11%
2021	6.59%	1.81%
2020	5.79%	2.11%
2019	0.00%	2.42%
2018	0.00%	2.46%
2017	0.00%	2.26%
2016	0.00%	2.21%
2015	0.00%	2.51%
2014	0.00%	2.73%
2013	0.00%	3.02%
2012	0.00%	2.89%
2011	0.00%	3.31%
2010	0.00%	3.80%
2009	0.00%	3.61%
2008	0.00%	3.54%
2007	0.00%	1.15%