ACIO vs. JEPI
Compare and contrast key facts about Aptus Collared Income Opportunity ETF (ACIO) and JPMorgan Equity Premium Income ETF (JEPI).
ACIO and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ACIO is an actively managed fund by Aptus Capital Advisors. It was launched on Jul 10, 2019. JEPI is an actively managed fund by JPMorgan Chase. It was launched on May 20, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACIO or JEPI.
Key characteristics
| ACIO | JEPI | |
|---|---|---|
| YTD Return | 6.43% | 4.35% |
| 1Y Return | 18.39% | 11.53% |
| 3Y Return (Ann) | 6.87% | 7.64% |
| Sharpe Ratio | 2.08 | 1.42 |
| Daily Std Dev | 8.42% | 7.44% |
| Max Drawdown | -14.19% | -13.71% |
| Current Drawdown | -2.20% | -1.90% |
Correlation
The correlation between ACIO and JEPI is 0.80, 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.
Performance
ACIO vs. JEPI - Performance Comparison
In the year-to-date period, ACIO achieves a 6.43% return, which is significantly higher than JEPI's 4.35% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ACIO vs. JEPI - Expense Ratio Comparison
ACIO has a 0.79% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
ACIO vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aptus Collared Income Opportunity ETF (ACIO) and JPMorgan Equity Premium Income ETF (JEPI). 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.
Dividends
ACIO vs. JEPI - Dividend Comparison
ACIO's dividend yield for the trailing twelve months is around 0.67%, less than JEPI's 7.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
ACIO Aptus Collared Income Opportunity ETF | 0.67% | 0.72% | 1.51% | 0.61% | 1.02% | 1.32% |
JEPI JPMorgan Equity Premium Income ETF | 7.56% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% |
Drawdowns
ACIO vs. JEPI - Drawdown Comparison
The maximum ACIO drawdown since its inception was -14.19%, roughly equal to the maximum JEPI drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for ACIO and JEPI. For additional features, visit the drawdowns tool.
Volatility
ACIO vs. JEPI - Volatility Comparison
Aptus Collared Income Opportunity ETF (ACIO) and JPMorgan Equity Premium Income ETF (JEPI) have volatilities of 2.49% and 2.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.