JEPI vs USMV

JPMorgan Equity Premium Income ETF vs iShares MSCI USA Min Vol Factor ETF

Quick take
  • USMV has the lower expense ratio at 0.15% vs 0.35% for JEPI.
  • JEPI pays a higher dividend yield (8.11%).

Side-by-side metrics

MetricJEPIUSMV
Expense ratio
Annual fee. Lower is better.
0.35%0.15%
Dividend yield
Trailing 12-month yield.
8.11%1.50%
AUM
Assets under management — bigger funds are typically more liquid.
$44.75B$23.01B
YTD return
2.87%4.46%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.430.48
P/E ratio
26.8824.18
Last price
$56.63$97.60
Inception
Issuer
JPMorganiShares

JEPI top holdings

Top holdings · JEPI
ABBVAbbVie Inc1.73%
HWMHowmet Aerospace Inc1.69%
JNJJohnson & Johnson1.66%
ETNEaton Corp PLC1.63%
TTTrane Technologies PLC Class A1.61%
LRCXLam Research Corp1.56%
NVDANVIDIA Corp1.52%
AAPLApple Inc1.52%
ROSTRoss Stores Inc1.51%
GOOGLAlphabet Inc Class A1.51%
Sector breakdown · JEPI
Real Estate3.2%
Consumer Cyclical12.0%
Basic Materials2.0%
Consumer Defensive8.9%
Technology18.7%
Communication Services6.4%
Financial Services10.2%
Utilities5.6%
Industrials14.9%
Energy2.7%
Healthcare15.4%

USMV top holdings

Top holdings · USMV
APHAmphenol Corp Class A1.76%
JNJJohnson & Johnson1.55%
VRTXVertex Pharmaceuticals Inc1.54%
WELLWelltower Inc1.54%
CBChubb Ltd1.52%
CSCOCisco Systems Inc1.50%
SOSouthern Co1.48%
DUKDuke Energy Corp1.48%
BRK-BBerkshire Hathaway Inc Class B1.46%
WMWaste Management Inc1.38%
Sector breakdown · USMV
Real Estate2.6%
Consumer Cyclical5.8%
Basic Materials2.2%
Consumer Defensive9.3%
Technology33.0%
Communication Services5.7%
Financial Services11.8%
Utilities7.2%
Industrials6.4%
Energy2.6%
Healthcare13.4%

About JEPI

JEPI (JPMorgan Equity Premium Income ETF) is Active equity income with covered-call overlay. Managed by JPMorgan, the fund carries $44.7B in assets under management, an expense ratio of 0.35%, a dividend yield of 8.11%. Its largest holding is AbbVie Inc (ABBV), which represents 1.7% of the portfolio. Real Estate is the fund's largest sector exposure at 3.2%.

About USMV

USMV (iShares MSCI USA Min Vol Factor ETF) is US stocks selected for lower volatility. Managed by iShares, the fund carries $23.0B in assets under management, an expense ratio of 0.15%, a dividend yield of 1.50%. Its largest holding is Amphenol Corp Class A (APH), which represents 1.8% of the portfolio. Real Estate is the fund's largest sector exposure at 2.6%.