# US Equity Premium Income Active UCITS ETF USD (JEIP)

**Source:** https://fundology.uk/fund/jeip · ISIN IE000U5MJOZ6 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, JEIP (US Equity Premium Income Active UCITS ETF USD, ISIN IE000U5MJOZ6) closed at £18.34 on the London Stock Exchange. Its ongoing charge is 0.45% a year (about £45 on £10,000). Over the year to 30/09/2026 its total return was +9.1%, or +5.7% after UK CPIH inflation.

## Summary

US Equity Premium Income Active UCITS ETF USD is an exchange-traded fund (ETF) from JPMorgan, launched in 2024. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.45% a year — about £45 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

> **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started.

Latest close: **£18.34** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JEIP |
| ISIN | IE000U5MJOZ6 |
| Category | Leveraged & inverse |
| Type | ETF |
| Provider | JPMorgan |
| Income | Distributing |
| Ongoing charge | 0.45% a year (£45 per £10,000) |
| Fund size | £312m |
| Launched | 2024 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +9.08% | +5.65% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of US Equity Premium Income Active UCITS ETF USD in pounds (price only, income paid out not included): 2025 −6.2%; 2026 to 30/09/2026 −0.4%. Returns of US Equity Premium Income Active UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +1.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | -6.2% | -9.5% | Price |
| 2026 to 30/09/2026 | -0.4% | -3.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 8.33% | -6.16% |

## Largest fall

Volatility of US Equity Premium Income Active UCITS ETF USD in pounds, annualised from weekly returns to 30/09/2026: 8.3% over 1 year. Largest fall in the price of US Equity Premium Income Active UCITS ETF USD since November 2024, in pounds: −15.7% from 22/11/2024 to 18/04/2025. On 30/09/2026 the price of US Equity Premium Income Active UCITS ETF USD was 10.6% below its highest weekly close since November 2024 (22/11/2024), in pounds.

## Charges compared with similar funds

Ongoing charge of US Equity Premium Income Active UCITS ETF USD 0.45% a year, as of 01/10/2026: 186 of the 280 other leveraged and inverse products charge more, 1 the same and 93 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.45%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 30/09/2026):

| Holding | Weight |
|---|---|
| Cash and Cash Equivalent | 3.61% |
| NVIDIA | 3.22% |
| Apple | 2.96% |
| Microsoft | 2.91% |
| Amazon | 2.42% |
| Meta Platforms Inc- · Class A | 2.22% |
| Alphabet Inc- · Class A | 2.17% |
| Broadcom | 1.99% |
| Johnson & Johnson | 1.93% |
| Mastercard Inc - A | 1.86% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By sector

As published by JPMorgan, as of 30/09/2026.

| Sector | Weight |
|---|---|
| Information Technology | 20.4% |
| Health Care | 13.0% |
| Industrials | 12.9% |
| Financials | 12.1% |
| Consumer Discretionary | 11.2% |
| Communication Services | 8.2% |
| Consumer Staples | 8.1% |
| Utilities | 4.7% |
| Other sectors | 7.0% |

### By country

Added up from the holdings JPMorgan publishes, as of 30/09/2026.

| Country | Weight |
|---|---|
| United States | 93.1% |
| Ireland | 5.8% |
| Switzerland | 0.8% |
| Netherlands | 0.4% |
| Bermuda | 0.1% |
| Jersey | 0.0% |

### By type of asset

Added up from the holdings JPMorgan publishes, as of 30/09/2026.

| Type of asset | Weight |
|---|---|
| Equity | 96.7% |
| Cash and money market | 3.6% |

All 224 holdings: https://fundology.uk/fund/jeip/holdings

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.