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Actively managed: it does not track an index — the declared benchmark is a yardstick for comparison
🇮🇹 Effective capital-gains rate: 26.00%details →

Europe Equity Premium Income Active UCITS ETFIndex, costs, backtest, listings and taxation

ISIN: IE00064TWYK9Ticker: JEPE (Borsa Italiana) · JEEP (Xetra) · JEPE (London SE) · JEPE (SIX)Issuer: JPMorgan
Issuer-declared data
Declared index
M7EU
TER
0.35%
Transaction costs
0.22% (issuer estimate, from the KID)
Management
Active management (from the KID)
Replication
Gestione attiva (dal KID)
Income policy
SFDR
Article 6 — does not promote specific ESG characteristics what does it mean?
Fund assets
119.7 mln EUR
Domicile
Ireland
Inception date
12 February 2026
Data as declared by JPMorgan in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

Europe Equity Premium Income Active UCITS ETF is an actively managed ETF: it does not track an index — the declared index (M7EU) is a comparison yardstick only. The declared annual cost (TER) is 0.35%, plus 0.22% in transaction costs estimated by the issuer in the KID. Income is distributed to investors. The fund has assets of about 120 million euro, was launched on 12 February 2026 and is domiciled in Ireland. In our registry 1 other ETFs declare the same index.

The fund’s objective — in the issuer’s words

Investment Objective: The objective of the Sub-Fund is to provide income and long-term capital growth.

Keep reading the KID section ▾

Investment Policy:The Sub-Fund pursues an actively-managed investment strategy. The Sub-Fund aims to (i) invest in a portfolio of equity securities comprising primarily of companies that are domiciled in, or carry out the main part of their economic activity in, a European country and (ii) sell equity call options and/or equity index call options, to generate an income through the associated dividends and options premiums. (i) Equity Portfolio The Sub-Fund aims to invest at least 67% of its assets (excluding assets held for ancillary liquidity purposes) in equity securities issued by companies, that are domiciled in, or carrying out the main part of their economic activity in, a European country. (ii) Equity Call Options/Equity Index Call Options The Investment Manager seeks additional income through employing a financial derivative instrument ("FDI") overlay strategy which will be implemented by systematically selling equity call options and/or equity index call options which will typically have exposure to indices comprised of Benchmark Securities. However, investors should also note that the losses from the sale of equity call options and/or equity index call options may also offset the Sub-Fund's profits from increases in the value of the equity portfolio. The Benchmark consists of large and mid-capitalisation stocks issued by issuers in developed market countries in Europe ("Benchmark Securities"). The Benchmark has been included as a point of reference against which the performance of the Sub-Fund may be measured and as it reflects the main investment universe for the Sub-Fund.

From the KID’s “Objectives” section · 4 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.35%: above the median of equity ETFs we track (0.22%).
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in Italian, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · EUR · from Feb 2026 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+7.1%
Annualised
+13.1%
Volatility (ann.)
11.6%
Max drawdown
-8.57%
-9%-4%+1%+6%+11%Feb 2026Apr 2026May 2026Jul 2026Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+7%Feb 2026Sept 2026
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-2%-4%-6%-8%-10%2026−8.57% · 20 Mar 2026
Max drawdown
-8.57%
peak → trough
Trough
20 Mar 2026
from the 27 Feb 2026 peak
Recovery time
63 days
recovery only: trough to break-even · ≈ 2 months
Underwater
84 days
decline + recovery: peak to break-even · ≈ 3 months · → recovered on 22 May 2026

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
28 Feb 202620 Mar 2026-8.57%22 May 202683
03 Jul 202608 Jul 2026-1.77%30 Jul 202627
25 Aug 202602 Sept 2026-1.39%ongoing9
13 Aug 202619 Aug 2026-0.90%25 Aug 202612
25 May 202601 Jun 2026-0.71%12 Jun 202618
Issuer-declared series with dividends reinvested: the total performance, comparable with accumulating funds. Switch it off to see the price (NAV) alone, which drops at every dividend payment.
Source: JPMorgan. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Risk indicators· EUR

Full history
Volatility (ann.)11.59%
Max drawdown-8.57%
Sharpe0.23
Sortino0.32
Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.25%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR, the fund's currency; the table follows the currency selected in the chart.

Portfolio holdings

Securities in portfolio
157
158 total lines: 1 cash & derivatives
Top-10 weight
21.4%

Top 10 holdings

ASML HOLDING NV /EUR/ · ASML
4.50%
HSBC HOLDINGS PLC /GBP/ · HSBA
2.13%
SIEMENS AG-REG /EUR/ · SIE
2.11%
ALLIANZ SE REGISTERED /EUR/ · ALV
2.01%
ASTRAZENECA PLC /GBP/ · AZN
1.87%
SHELL PLC-NEW /GBP/ · SHEL
1.81%
NESTLE SA-REG /CHF/ · NESN
1.78%
NOVARTIS AG-REG /CHF/ · NOVN
1.78%
ROCHE HOLDING AG /CHF/ · ROP
1.74%
BANCO SANTANDER SA /EUR/ · SAN
1.70%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgium: 1%BeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanadaSwitzerland: 11%ChileChinaIvory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermany: 13.8%DjiboutiDenmark: 3.2%Dominican RepublicAlgeriaEcuadorEgyptEritreaSpain: 4.8%EstoniaEthiopiaFinland: 0.8%FijiFalkland IslandsFrance: 14.3%GabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIreland: 1.2%IranIraqIcelandIsraelItaly: 3.1%JamaicaJordanJapanKazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourg: 0.5%LatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 10%Norway: 0.1%NepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSweden: 3.1%SwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of AmericaUzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United Kingdom22%
France14.3%
Germany13.8%
Switzerland11%
Eurozone10.7%
Netherlands10%
Spain4.8%
Download the full portfolio — Excel, 158 rows
Full portfolio declared by JPMorgan, as of 1 September 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Dividends

Latest dividend
0.1889 EUR
ex 13 Aug 2026 · paid 4 Sept 2026
Dividends since first payment (5 months)
1.13 EUR
less than 12 months of history: not a full year, not comparable

Calendar per share (EUR)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20260.240.340.230.130.19

Latest dividends

Per shareEx-dividend dateRecord datePayment
0.1889 EUR13 Aug 202614 Aug 20264 Sept 2026
0.1287 EUR9 Jul 202610 Jul 20267 Aug 2026
0.2288 EUR11 Jun 202612 Jun 20268 Jul 2026
0.336 EUR21 May 202622 May 20265 Jun 2026
0.2433 EUR9 Apr 202610 Apr 20268 May 2026
Per-share dividends as declared by the issuer, in EUR, since the first payment (9 Apr 2026). Past dividends are not indicative of future ones.

Share classes of the same fund

This page covers ISIN IE00064TWYK9 (share class JPM - EUR (dist)). The other classes belong to the same fund but may differ in currency, income policy or currency hedging.
Share classISINTickerIncomeCurrency
JPM - EUR (acc)IE0000BNORX6JEEAAccumulatingEUR
JPM - EUR (dist) · this pageIE00064TWYK9JEPEDistributingEUR
Share classes declared by the issuer in official product lists (same fund = same issuer and same declared name). A dash “—” = not declared — not a zero.

ETFs declaring the same index

FundTERIncomeFund size
JREE · JPMorganactive
0.24%Acc.3 mld EUR
2 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted by TER. A dash “—” = not declared by the issuer in the files we read — not a zero.

Italian taxation

Effective rate on capital gains
26.00%
White-list share
0.00%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)JEPE19 Feb 2026
Börse DüsseldorfJEEP19 Feb 2026
Börse FrankfurtJEEP19 Feb 2026
Börse HamburgJEEP2 Mar 2026
Börse HannoverJEEP8 May 2026
Börse München / gettexJEEP19 Feb 2026
Börse StuttgartJEEP23 Mar 2026
Tradegate ExchangeJEEP26 Feb 2026
Xetra (Deutsche Börse)JEEP19 Feb 2026
+ 16 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does Europe Equity Premium Income Active UCITS ETF track?
The issuer JPMorgan declares the benchmark: M7EU.
How much does JEPE cost?
The issuer-declared TER is 0.35% per year; the transaction costs estimated in the KID are 0.22%.
How is JEPE taxed in Italy?
On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of JEPE?
The fund size declared by JPMorgan is about 120 million euro.
When was JEPE launched?
The fund was launched on 12 February 2026: it has been trading for 205 days: the page fills up as the issuer publishes data.
Is JEPE actively or passively managed?
It is an ACTIVELY managed ETF: the manager picks the holdings, it does not replicate an index. The declared benchmark (M7EU) is a yardstick for comparison, not an index being tracked.
Does JEPE pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Distribution”).
Where does JEPE trade?
Per the official ESMA register it trades on 9 main exchanges, including Borsa Italiana (ETFplus) (JEPE), Börse Düsseldorf (JEEP), Börse Frankfurt (JEEP), Börse Hamburg (JEEP), Börse Hannover (JEEP), Börse München / gettex (JEEP).
What was JEPE's worst fall?
Over the available history (since 2026), the maximum drawdown was -8.57%, reached in March 2026. Past performance is not indicative of future results.
How many securities does JEPE hold?
The declared portfolio holds 157 securities (plus 1 cash & derivative lines); the top 10 positions weigh 21.4%.
Transparency note
The data in this sheet is declared by JPMorgan in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.