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HDV vs JEPI: Performance & Backtest Comparison

HDV delivered the higher return - 12.48% CAGR vs 10.65% - over 2020-06-30 → 2026-06-30.

Growth comparison

Drawdown

Annual returns

HDVJEPI
NameiShares Core High Dividend ETFJPMorgan Equity Premium Income ETF
CAGR12.48%10.65%
Total return104.54%85.05%
Volatility13.86%10.23%
Max drawdown-14.55%Sep 2022-12.99%Sep 2022
Sharpe0.710.76
Sortino1.301.33
Best year19.45%21.50%
Worst year1.72%-3.51%
Final balance$20,454$18,505

Correlation of monthly returns: 0.83. Wondering if you need both? Check their fund overlap →

All figures are total returns: every dividend and distribution is reinvested on its ex-date, and prices are split-adjusted. See the methodology.

Which has performed better, HDV or JEPI?

Over 2020-06-30 to 2026-06-30, HDV performed better: 12.48% annualized versus 10.65% for JEPI, with dividends reinvested. Past performance does not guarantee future results.

How similar are HDV and JEPI?

Their monthly returns have a correlation of 0.83 over the common period. HDV is iShares Core High Dividend ETF; JEPI is JPMorgan Equity Premium Income ETF.

Which is riskier, HDV or JEPI?

Over the common period HDV had 13.86% annualized volatility and a -14.55% max drawdown, versus 10.23% and -12.99% for JEPI.