JEFF
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
DIA SPDR Dow Jones Industrial Average ETF | Large Cap Growth Equities | 2.60% |
FXAIX Fidelity 500 Index Fund | Large Cap Blend Equities | 3.70% |
JEPI JPMorgan Equity Premium Income ETF | Actively Managed, Dividend, Derivative Income | 9.60% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | Actively Managed, Dividend, Derivative Income | 17.30% |
JPST JPMorgan Ultra-Short Income ETF | Money Market, Actively Managed | 42.90% |
QQQ Invesco QQQ | Large Cap Blend Equities | 6.10% |
SPY SPDR S&P 500 ETF | Large Cap Growth Equities | 17.80% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in JEFF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is May 4, 2022, corresponding to the inception date of JEPQ
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
| JEFF | 7.69% | -1.09% | 5.79% | 12.91% | N/A | N/A |
| Portfolio components: | ||||||
JEPI JPMorgan Equity Premium Income ETF | 6.06% | -0.12% | 4.24% | 8.95% | N/A | N/A |
JPST JPMorgan Ultra-Short Income ETF | 3.23% | 0.55% | 2.78% | 6.12% | 2.59% | N/A |
DIA SPDR Dow Jones Industrial Average ETF | 6.99% | 2.16% | 5.74% | 15.32% | 10.15% | 11.29% |
SPY SPDR S&P 500 ETF | 13.99% | -1.30% | 11.16% | 20.65% | 14.08% | 12.54% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 10.06% | -4.70% | 6.11% | 18.20% | N/A | N/A |
QQQ Invesco QQQ | 12.23% | -4.60% | 8.45% | 22.52% | 19.44% | 17.83% |
FXAIX Fidelity 500 Index Fund | 14.07% | -1.36% | 11.16% | 20.79% | 14.16% | 12.70% |
Monthly Returns
The table below presents the monthly returns of JEFF, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.40% | 2.64% | 1.69% | -1.92% | 2.80% | 1.98% | 7.69% | ||||||
| 2023 | 3.53% | -0.93% | 3.06% | 1.28% | 1.15% | 2.86% | 1.93% | -0.31% | -2.19% | -0.66% | 4.92% | 2.51% | 18.28% |
| 2022 | -2.16% | -3.89% | 4.85% | -2.42% | -5.05% | 3.85% | 3.38% | -3.05% | -4.92% |
Expense Ratio
JEFF has an expense ratio of 0.20%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of JEFF is 85, placing it in the top 15% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. 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 | Martin ratio | |
|---|---|---|---|---|---|
JEPI JPMorgan Equity Premium Income ETF | 1.20 | 1.70 | 1.21 | 1.30 | 5.04 |
JPST JPMorgan Ultra-Short Income ETF | 12.77 | 36.94 | 8.42 | 77.63 | 515.16 |
DIA SPDR Dow Jones Industrial Average ETF | 1.49 | 2.15 | 1.26 | 1.73 | 5.27 |
SPY SPDR S&P 500 ETF | 1.73 | 2.42 | 1.30 | 1.99 | 6.79 |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 1.56 | 2.08 | 1.30 | 2.74 | 9.65 |
QQQ Invesco QQQ | 1.35 | 1.87 | 1.24 | 2.02 | 6.75 |
FXAIX Fidelity 500 Index Fund | 1.73 | 2.43 | 1.30 | 2.02 | 6.88 |
Dividends
Dividend yield
JEFF granted a 4.92% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEFF | 4.92% | 4.98% | 3.99% | 1.27% | 1.58% | 1.64% | 1.46% | 0.91% | 0.58% | 0.59% | 0.57% | 0.51% |
| Portfolio components: | ||||||||||||
JEPI JPMorgan Equity Premium Income ETF | 7.34% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPST JPMorgan Ultra-Short Income ETF | 5.21% | 4.79% | 1.83% | 0.73% | 1.43% | 2.69% | 2.07% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% |
DIA SPDR Dow Jones Industrial Average ETF | 1.70% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% | 2.08% |
SPY SPDR S&P 500 ETF | 1.27% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.37% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.63% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
FXAIX Fidelity 500 Index Fund | 1.30% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the JEFF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JEFF was 9.44%, occurring on Oct 12, 2022. Recovery took 125 trading sessions.
The current JEFF drawdown is 2.39%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.44% | Aug 17, 2022 | 40 | Oct 12, 2022 | 125 | Apr 13, 2023 | 165 |
| -7.81% | May 5, 2022 | 30 | Jun 16, 2022 | 39 | Aug 12, 2022 | 69 |
| -4.12% | Aug 1, 2023 | 63 | Oct 27, 2023 | 12 | Nov 14, 2023 | 75 |
| -2.89% | Mar 28, 2024 | 16 | Apr 19, 2024 | 14 | May 9, 2024 | 30 |
| -2.74% | Jul 17, 2024 | 7 | Jul 25, 2024 | — | — | — |
Volatility
Volatility Chart
The current JEFF volatility is 2.08%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| JPST | JEPI | DIA | JEPQ | QQQ | FXAIX | SPY | |
|---|---|---|---|---|---|---|---|
| JPST | 1.00 | 0.06 | 0.09 | 0.10 | 0.11 | 0.10 | 0.11 |
| JEPI | 0.06 | 1.00 | 0.89 | 0.70 | 0.66 | 0.82 | 0.82 |
| DIA | 0.09 | 0.89 | 1.00 | 0.73 | 0.73 | 0.88 | 0.88 |
| JEPQ | 0.10 | 0.70 | 0.73 | 1.00 | 0.97 | 0.92 | 0.92 |
| QQQ | 0.11 | 0.66 | 0.73 | 0.97 | 1.00 | 0.94 | 0.94 |
| FXAIX | 0.10 | 0.82 | 0.88 | 0.92 | 0.94 | 1.00 | 1.00 |
| SPY | 0.11 | 0.82 | 0.88 | 0.92 | 0.94 | 1.00 | 1.00 |