JEPI vs VTEB

Comparison between JPMORGAN EQUITY PREMIUM INCOME ETF (JEPI, ETF) and VANGUARD TAX-EXEMPT BOND INDEX FUND ETF SHARES (VTEB, ETF).

5-Year PerformanceJEPI has outperformed VTEB, delivering a return of +7.4% compared to +0.9%

JEPI vs VTEB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JEPI(ETF)	VTEB(ETF)
Net Assets	$44B	$44B
Expense Ratio	0.35%	0.03%
Max Drawdown	20.01%	17.00%
Sharpe Ratio	0.69	0.80
5Y Beta	0.59	0.03
P/E Ratio	26.78	N/A
Forward P/E	21.20	N/A
PEG Ratio	0.84	N/A
5Y Dividends CAGR	4.64%	11.72%
5Y EPS CAGR	17.56%	N/A
Debt to Equity	-35.90%	N/A
P/S Ratio	3.63	N/A
P/B Ratio	5.24	N/A

Net Assets

JEPI

$44B

Winner

VTEB

$44B

Expense Ratio

JEPI

0.35%

Winner

VTEB

0.03%

Max Drawdown

JEPI

20.01%

Winner

VTEB

17.00%

Sharpe Ratio

JEPI

0.69

Winner

VTEB

0.80

5Y Beta

JEPI

0.59

Winner

VTEB

0.03

P/E Ratio

JEPI

26.78

VTEB

N/A

Forward P/E

JEPI

21.20

VTEB

N/A

PEG Ratio

JEPI

0.84

VTEB

N/A

5Y Dividends CAGR

JEPI

4.64%

Winner

VTEB

11.72%

5Y EPS CAGR

JEPI

17.56%

VTEB

N/A

Debt to Equity

JEPI

-35.90%

VTEB

N/A

P/S Ratio

JEPI

3.63

VTEB

N/A

P/B Ratio

JEPI

5.24

VTEB

N/A

JEPI vs VTEB - Historical Returns

Returns include dividend reinvestment.

Period	JEPI	VTEB
1 month	-2.10%	+0.52%
3 months	-3.22%	+0.03%
6 months	+3.27%	+1.49%
1 year	+9.22%	+6.27%
5 years(CAGR)	+7.43%	+0.88%
10 years(CAGR)	N/A	+2.09%
Max(CAGR)	+11.03%	+2.39%

JEPI

-2.10%

Winner

VTEB

+0.52%

JEPI

-3.22%

Winner

VTEB

+0.03%

Winner

JEPI

+3.27%

VTEB

+1.49%

Winner

JEPI

+9.22%

VTEB

+6.27%

5Y(CAGR)

Winner

JEPI

+7.43%

VTEB

+0.88%

10Y(CAGR)

JEPI

N/A

VTEB

+2.09%

Max(CAGR)

Winner

JEPI

+11.03%

VTEB

+2.39%

JEPI vs VTEB - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	JEPI	VTEB
2026	+0.30%	+0.90%
2025	+8.18%	+3.58%
2024	+12.29%	+1.63%
2023	+9.85%	+5.87%
2022	-3.09%	-7.95%
2021	+22.85%	+1.14%
2020	+18.59%	+5.08%
2019	N/A	+7.32%
2018	N/A	+1.20%
2017	N/A	+5.10%
2016	N/A	+0.06%
2015	N/A	+2.44%

JEPI vs VTEB Drawdown Comparison

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

The maximum drawdown for VTEB was -17.00%, occurring on Mar 19, 2020. Recovery took 100 trading sessions.

The current JEPI drawdown is -4.55%. The current VTEB drawdown is -0.91%.

Rank	JEPI	VTEB
#1	-13.72% Apr 20, 2022 - Jun 16, 2023	-17.00% Mar 9, 2020 - Jul 30, 2020
#2	-13.26% Feb 19, 2025 - Aug 22, 2025	-12.64% Jul 22, 2021 - Dec 4, 2024
#3	-7.11% Dec 31, 2021 - Apr 8, 2022	-5.82% Jul 5, 2016 - Aug 23, 2017
#4	-6.70% Sep 14, 2023 - Dec 1, 2023	-4.76% Dec 6, 2024 - Sep 11, 2025
#5	-6.68% Feb 27, 2026 - Mar 27, 2026	-2.71% Feb 27, 2026 - Mar 24, 2026
#6	-4.92% Nov 29, 2024 - Feb 19, 2025	-2.27% Dec 6, 2017 - Dec 7, 2018
#7	-4.52% Sep 2, 2021 - Oct 26, 2021	-2.04% Feb 10, 2021 - Jun 4, 2021
#8	-4.15% Oct 12, 2020 - Nov 5, 2020	-1.57% Aug 15, 2019 - Jan 3, 2020
#9	-3.86% Jul 31, 2024 - Aug 15, 2024	-1.40% Aug 10, 2020 - Nov 19, 2020
#10	-3.59% Mar 28, 2024 - May 15, 2024	-1.14% Sep 8, 2017 - Dec 6, 2017
#11	-3.58% Sep 2, 2020 - Oct 7, 2020	-0.95% Feb 11, 2016 - Apr 5, 2016
#12	-3.37% Jun 3, 2020 - Jul 6, 2020	-0.82% Aug 25, 2015 - Sep 24, 2015
#13	-3.23% Nov 16, 2021 - Dec 7, 2021	-0.63% Jun 16, 2016 - Jun 24, 2016
#14	-2.83% Jan 25, 2021 - Feb 18, 2021	-0.54% Oct 30, 2015 - Nov 20, 2015
#15	-2.57% Feb 18, 2021 - Mar 9, 2021	-0.52% Jun 10, 2021 - Jul 7, 2021

Correlation

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

0.51

-101

Dividend Comparison (2015 - 2026)

JEPI vs VTEB dividend yield comparison.

Year	JEPI	VTEB
2026	2.79%	1.14%
2025	8.25%	3.29%
2024	7.33%	3.14%
2023	8.40%	2.79%
2022	11.68%	2.09%
2021	6.59%	1.64%
2020	5.79%	1.99%
2019	0.00%	2.30%
2018	0.00%	2.25%
2017	0.00%	1.96%
2016	0.00%	1.66%
2015	0.00%	0.58%