Key characteristics
| JEPI | JEPQ | |
|---|---|---|
| YTD Return | 2.68% | 5.63% |
| 1Y Return | 11.29% | 35.69% |
| Sharpe Ratio | 1.47 | 3.23 |
| Daily Std Dev | 8.14% | 10.96% |
| Max Drawdown | -13.71% | -16.82% |
| Current Drawdown | -0.18% | -0.19% |
Correlation
0.73
-1.001.00
The correlation between JEPI and JEPQ is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
JEPI vs. JEPQ - Performance Comparison
In the year-to-date period, JEPI achieves a 2.68% return, which is significantly lower than JEPQ's 5.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
JEPI
JEPQ
Compare stocks, funds, or ETFs
JEPI vs. JEPQ - Dividend Comparison
JEPI's dividend yield for the trailing twelve months is around 7.97%, less than JEPQ's 9.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
JEPI JPMorgan Equity Premium Income ETF | 7.97% | 8.40% | 11.68% | 6.59% | 5.79% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.36% | 10.02% | 9.44% | 0.00% | 0.00% |
JEPI vs. JEPQ - Expense Ratio Comparison
Both JEPI and JEPQ have an expense ratio of 0.35%.
0.35%
0.00%2.15%
0.35%
0.00%2.15%
JEPI vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income ETF (JEPI) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
JEPI JPMorgan Equity Premium Income ETF | 1.47 | ||||
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 3.23 |
JEPI vs. JEPQ - Sharpe Ratio Comparison
The current JEPI Sharpe Ratio is 1.47, which is lower than the JEPQ Sharpe Ratio of 3.23. The chart below compares the 12-month rolling Sharpe Ratio of JEPI and JEPQ.
JEPI
JEPQ
JEPI vs. JEPQ - Drawdown Comparison
The maximum JEPI drawdown for the period was -6.71%, roughly equal to the maximum JEPQ drawdown of -6.60%. The drawdown chart below compares losses from any high point along the way for JEPI and JEPQ
JEPI
JEPQ
JEPI vs. JEPQ - Volatility Comparison
The current volatility for JPMorgan Equity Premium Income ETF (JEPI) is 1.80%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 2.31%. This indicates that JEPI experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
JEPI
JEPQ
