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JEPI vs SDY: Performance & Backtest Comparison

SDY delivered the higher return - 12.68% CAGR vs 6.12% - over 2020-06-30 → 2026-07-31.

Growth comparison

Drawdown

Annual returns

JEPISDY
NameJPMorgan Equity Premium Income ETFState Street SPDR S&P Dividend ETF
CAGR6.12%12.68%
Total return44.26%108.76%
Volatility10.42%14.60%
Max drawdown-18.27%Sep 2022-11.90%Oct 2023
Sharpe0.350.69
Sortino0.551.36
Best year15.68%26.40%
Worst year-12.27%0.77%
Final balance$14,426$20,876

Correlation of monthly returns: 0.88. 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, JEPI or SDY?

Over 2020-06-30 to 2026-07-31, SDY performed better: 12.68% annualized versus 6.12% for JEPI, with dividends reinvested. Past performance does not guarantee future results.

How similar are JEPI and SDY?

Their monthly returns have a correlation of 0.88 over the common period. JEPI is JPMorgan Equity Premium Income ETF; SDY is State Street SPDR S&P Dividend ETF.

Which is riskier, JEPI or SDY?

Over the common period JEPI had 10.42% annualized volatility and a -18.27% max drawdown, versus 14.60% and -11.90% for SDY.