JPIE vs CEF

Comparison between JPMORGAN INCOME ETF (JPIE, ETF) and Sprott Physical Gold and Silver Trust (CEF, ETF).

5-Year PerformanceCEF has outperformed JPIE, delivering a return of +17.9% compared to +3.5%

JPIE vs CEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JPIE(ETF)	CEF(ETF)
Net Assets	$9.10B	$9.20B
Expense Ratio	0.39%	N/A
Max Drawdown	13.36%	62.40%
Sharpe Ratio	1.33	1.03
5Y Beta	0.04	0.43
5Y Dividends CAGR	N/A	14.87%

Net Assets

JPIE

$9.10B

Winner

CEF

$9.20B

Expense Ratio

JPIE

0.39%

CEF

N/A

Max Drawdown

Winner

JPIE

13.36%

CEF

62.40%

Sharpe Ratio

Winner

JPIE

1.33

CEF

1.03

5Y Beta

Winner

JPIE

0.04

CEF

0.43

5Y Dividends CAGR

JPIE

N/A

CEF

14.87%

JPIE vs CEF - Historical Returns

Returns include dividend reinvestment.

Period	JPIE	CEF
1 month	+0.87%	-5.97%
3 months	+1.30%	-12.34%
6 months	+2.12%	+2.41%
1 year	+6.01%	+46.93%
5 years(CAGR)	+3.48%	+17.91%
10 years(CAGR)	N/A	+12.84%
Max(CAGR)	+3.48%	+9.25%

Winner

JPIE

+0.87%

CEF

-5.97%

Winner

JPIE

+1.30%

CEF

-12.34%

JPIE

+2.12%

Winner

CEF

+2.41%

JPIE

+6.01%

Winner

CEF

+46.93%

5Y(CAGR)

JPIE

+3.48%

Winner

CEF

+17.91%

10Y(CAGR)

JPIE

N/A

CEF

+12.84%

Max(CAGR)

JPIE

+3.48%

Winner

CEF

+9.25%

JPIE vs CEF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	JPIE	CEF
2026	+1.80%	-2.43%
2025	+7.34%	+88.94%
2024	+6.81%	+24.79%
2023	+6.88%	+6.39%
2022	-6.13%	+2.17%
2021	+0.30%	-10.63%
2020	N/A	+31.10%
2019	N/A	+16.81%
2018	N/A	-7.38%
2017	N/A	+15.51%
2016	N/A	+11.32%
2015	N/A	-14.32%
2014	N/A	-14.41%
2013	N/A	-38.47%
2012	N/A	+3.29%
2011	N/A	-4.95%
2010	N/A	+47.63%
2009	N/A	+26.29%
2008	N/A	+1.28%
2007	N/A	+17.23%
2006	N/A	+31.89%
2005	N/A	+27.03%
2004	N/A	+3.58%
2003	N/A	+13.38%
2002	N/A	+41.46%
2001	N/A	+4.76%
2000	N/A	-17.45%
1999	N/A	-4.27%

JPIE vs CEF Drawdown Comparison

The maximum drawdown for JPIE was -9.97%, occurring on Oct 20, 2022. Recovery took 496 trading sessions.

The maximum drawdown for CEF was -62.29%, occurring on Dec 15, 2015. Recovery took 3313 trading sessions.

The current CEF drawdown is -23.97%.

Rank	JPIE	CEF
#1	-9.97% Dec 30, 2021 - Dec 20, 2023	-62.29% Aug 22, 2011 - Oct 22, 2024
#2	-1.72% Apr 2, 2025 - Apr 25, 2025	-44.69% Mar 17, 2008 - Nov 25, 2009
#3	-1.22% Nov 8, 2021 - Dec 29, 2021	-35.89% Nov 3, 1999 - May 6, 2002
#4	-1.15% Feb 27, 2026 - Apr 14, 2026	-30.01% Jan 29, 2026 - Jun 10, 2026
#5	-1.13% Mar 28, 2024 - May 3, 2024	-25.32% Feb 4, 2003 - Jan 9, 2004
#6	-0.91% Oct 1, 2024 - Dec 4, 2024	-23.64% May 11, 2006 - Oct 26, 2007
#7	-0.83% Feb 1, 2024 - Mar 8, 2024	-21.75% Apr 1, 2004 - Dec 7, 2005
#8	-0.81% Dec 29, 2023 - Jan 12, 2024	-20.52% Apr 27, 2011 - Aug 18, 2011
#9	-0.69% Jan 12, 2024 - Jan 29, 2024	-19.76% May 24, 2002 - Jan 27, 2003
#10	-0.68% Dec 23, 2024 - Jan 17, 2025	-17.97% Dec 2, 2009 - Aug 27, 2010
#11	-0.60% May 8, 2026 - May 28, 2026	-12.88% Dec 31, 2010 - Feb 18, 2011
#12	-0.48% Dec 9, 2024 - Dec 23, 2024	-11.21% Oct 16, 2025 - Nov 28, 2025
#13	-0.46% May 15, 2024 - May 31, 2024	-10.73% Oct 29, 2024 - Feb 5, 2025
#14	-0.42% Mar 8, 2024 - Mar 22, 2024	-9.13% Feb 2, 2006 - Mar 2, 2006
#15	-0.37% Jan 21, 2025 - Jan 31, 2025	-8.01% Apr 19, 2006 - May 4, 2006

Correlation

Correlation between JPIE and CEF is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2000 - 2026)

JPIE vs CEF dividend yield comparison.

Year	JPIE	CEF
2026	2.27%	0.00%
2025	5.65%	0.00%
2024	6.11%	0.00%
2023	5.70%	0.00%
2022	4.49%	0.00%
2021	0.63%	0.00%
2018	0.00%	0.08%
2017	0.00%	0.07%
2016	0.00%	0.09%
2015	0.00%	0.10%
2014	0.00%	0.09%
2013	0.00%	0.08%
2011	0.00%	0.05%
2010	0.00%	0.05%
2009	0.00%	0.07%
2008	0.00%	0.09%
2007	0.00%	0.09%
2006	0.00%	0.11%
2005	0.00%	0.15%
2004	0.00%	0.18%
2003	0.00%	0.19%
2002	0.00%	0.21%
2001	0.00%	0.30%
2000	0.00%	0.31%