Jpmorgan Equity Premium Etf Profile
| JEPI Etf | USD 55.92 0.47 0.85% |
Performance6 of 100
| Odds Of DistressLess than 9
|
JPMorgan Equity is trading at 55.92 as of the 23rd of April 2024. This is a 0.85 percent increase since the beginning of the trading day. The etf's open price was 55.45. JPMorgan Equity has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for JPMorgan Equity Premium are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund seeks to provide the majority of the returns associated with its primary benchmark, the Standard Poors 500 Total Return Index , while exposing investors to less risk through lower volatility and still offering incremental income. Jpmorgan Equity is traded on NYSEARCA Exchange in the United States.. More on JPMorgan Equity Premium
Moving together with JPMorgan Etf
| 0.84 | XYLD | Global X SP | PairCorr |
| 0.91 | DIVO | Amplify CWP Enhanced | PairCorr |
| 0.9 | RYLD | Global X Russell | PairCorr |
| 0.92 | JEPQ | JPMorgan Nasdaq Equity | PairCorr |
| 0.87 | NUSI | Nationwide Nasdaq 100 | PairCorr |
| 0.93 | KNG | FT Cboe Vest Low Volatility | PairCorr |
JPMorgan Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. JPMorgan Equity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding JPMorgan Equity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Derivative Income, JPMorgan (View all Sectors) |
| Issuer | JPMorgan |
| Inception Date | 2020-05-19 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 32.44 Billion |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | J.P. Morgan Investment Management Inc. |
| Advisor | J.P. Morgan Investment Management Inc. |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | JPMorgan Distribution Services, Inc. |
| Portfolio Manager | Hamilton Reiner, Raffaele Zingone |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 307 |
| Market Maker | Susquehanna |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | 3.42 |
| Name | JPMorgan Equity Premium Income ETF |
| Currency Code | USD |
| Open Figi | BBG00TSG0RS0 |
| In Threey Volatility | 11.31 |
| 1y Volatility | 7.61 |
| 200 Day M A | 55.2172 |
| 50 Day M A | 56.7922 |
| Code | JEPI |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.58 |
| Type | ETF |
JPMorgan Equity Premium [JEPI] is traded in USA and was established 2020-05-20. The fund is listed under Derivative Income category and is part of JPMorgan family. The entity is thematically classified as Large Cap ETFs. JPMorgan Equity Premium currently have 12.56 B in assets under management (AUM). , while the total return for the last 3 years was 7.3%.
Check JPMorgan Equity Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on JPMorgan Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding JPMorgan Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as JPMorgan Equity Premium Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top JPMorgan Equity Premium Etf Constituents
| ABBV | AbbVie Inc | Stock | Health Care |
| ACN | Accenture plc | Stock | Information Technology |
| AMZN | Amazon Inc | Stock | Consumer Discretionary |
| DTE | DTE Energy | Stock | Utilities |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
| HON | Honeywell International | Stock | Industrials |
| INTU | Intuit Inc | Stock | Information Technology |
JPMorgan Equity Target Price Odds Analysis
Coming from a normal probability distribution, the odds of JPMorgan Equity jumping above the current price in 90 days from now is about 63.21%. The JPMorgan Equity Premium probability density function shows the probability of JPMorgan Equity etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days JPMorgan Equity has a beta of 0.2148. This indicates as returns on the market go up, JPMorgan Equity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JPMorgan Equity Premium will be expected to be much smaller as well. Additionally, jPMorgan Equity Premium has an alpha of 0.0117, implying that it can generate a 0.0117 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of JPMorgan Equity to move above the current price in 90 days from now is about 63.21 (This JPMorgan Equity Premium probability density function shows the probability of JPMorgan Etf to fall within a particular range of prices over 90 days) .
JPMorgan Equity Top Holders
| DGEZX | Destinations Equity Income | Mutual Fund | World Large-Stock Value |
| RLGCX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity |
| JNBZX | Jpmorgan Income Builder | Mutual Fund | Allocation--30% to 50% Equity |
| JNBSX | Jpmorgan Income Builder | Mutual Fund | Allocation--30% to 50% Equity |
| JNBAX | Jpmorgan Income Builder | Mutual Fund | Allocation--30% to 50% Equity |
| RLIIX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity |
| RLGAX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity |
JPMorgan Equity Premium Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. JPMorgan Equity market risk premium is the additional return an investor will receive from holding JPMorgan Equity long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in JPMorgan Equity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although JPMorgan Equity's alpha and beta are two of the key measurements used to evaluate JPMorgan Equity's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0521 | |||
| Jensen Alpha | 0.0117 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.10) |
JPMorgan Equity Against Markets
Picking the right benchmark for JPMorgan Equity etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in JPMorgan Equity etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for JPMorgan Equity is critical whether you are bullish or bearish towards JPMorgan Equity Premium at a given time. Please also check how JPMorgan Equity's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in JPMorgan Equity without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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How to buy JPMorgan Etf?
Before investing in JPMorgan Equity, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in JPMorgan Equity. To buy JPMorgan Equity etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of JPMorgan Equity. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase JPMorgan Equity etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located JPMorgan Equity Premium etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased JPMorgan Equity Premium etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as JPMorgan Equity Premium, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy JPMorgan Etf please use our How to Invest in JPMorgan Equity guide.
Already Invested in JPMorgan Equity Premium?
The danger of trading JPMorgan Equity Premium is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of JPMorgan Equity is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than JPMorgan Equity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile JPMorgan Equity Premium is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether JPMorgan Equity Premium offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of JPMorgan Equity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jpmorgan Equity Premium Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Jpmorgan Equity Premium Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Equity Premium. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of JPMorgan Equity Premium is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Equity's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Equity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Equity's market value can be influenced by many factors that don't directly affect JPMorgan Equity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.