VTEB vs JEPI

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

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

VTEB vs JEPI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

VTEB

$44B

JEPI

$44B

Expense Ratio

Winner

VTEB

0.03%

JEPI

0.35%

Max Drawdown

Winner

VTEB

17.00%

JEPI

20.01%

Sharpe Ratio

Winner

VTEB

0.80

JEPI

0.69

5Y Beta

Winner

VTEB

0.03

JEPI

0.59

P/E Ratio

VTEB

N/A

JEPI

26.78

Forward P/E

VTEB

N/A

JEPI

21.20

PEG Ratio

VTEB

N/A

JEPI

0.84

5Y Dividends CAGR

Winner

VTEB

11.72%

JEPI

4.64%

5Y EPS CAGR

VTEB

N/A

JEPI

17.56%

Debt to Equity

VTEB

N/A

JEPI

-35.90%

P/S Ratio

VTEB

N/A

JEPI

3.63

P/B Ratio

VTEB

N/A

JEPI

5.24

VTEB vs JEPI - Historical Returns

Returns include dividend reinvestment.

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

Winner

VTEB

+0.52%

JEPI

-2.10%

Winner

VTEB

+0.03%

JEPI

-3.22%

VTEB

+1.49%

Winner

JEPI

+3.27%

VTEB

+6.27%

Winner

JEPI

+9.22%

5Y(CAGR)

VTEB

+0.88%

Winner

JEPI

+7.43%

10Y(CAGR)

VTEB

+2.09%

JEPI

N/A

Max(CAGR)

VTEB

+2.39%

Winner

JEPI

+11.03%

VTEB vs JEPI - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

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

VTEB vs JEPI Drawdown Comparison

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

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

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

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

Correlation

Correlation between VTEB and JEPI 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)

VTEB vs JEPI dividend yield comparison.

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