AIVL vs. JEPQ
Compare and contrast key facts about WisdomTree U.S. Al Enhanced Value Fund (AIVL) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
AIVL and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIVL is an actively managed fund by WisdomTree. It was launched on Jun 16, 2006. JEPQ is an actively managed fund by JPMorgan Chase. It was launched on May 3, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIVL or JEPQ.
Key characteristics
| AIVL | JEPQ | |
|---|---|---|
| YTD Return | 14.74% | 14.85% |
| 1Y Return | 19.24% | 21.82% |
| Sharpe Ratio | 1.82 | 1.72 |
| Daily Std Dev | 11.46% | 13.04% |
| Max Drawdown | -62.48% | -16.82% |
| Current Drawdown | -0.96% | -2.40% |
Correlation
The correlation between AIVL and JEPQ is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AIVL vs. JEPQ - Performance Comparison
The year-to-date returns for both investments are quite close, with AIVL having a 14.74% return and JEPQ slightly higher at 14.85%. 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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AIVL vs. JEPQ - Expense Ratio Comparison
AIVL has a 0.38% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
AIVL vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Al Enhanced Value Fund (AIVL) 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.
Dividends
AIVL vs. JEPQ - Dividend Comparison
AIVL's dividend yield for the trailing twelve months is around 2.21%, less than JEPQ's 9.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIVL WisdomTree U.S. Al Enhanced Value Fund | 2.21% | 2.43% | 2.08% | 2.75% | 3.55% | 3.25% | 4.18% | 3.16% | 3.20% | 3.21% | 3.07% | 2.86% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.46% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AIVL vs. JEPQ - Drawdown Comparison
The maximum AIVL drawdown since its inception was -62.48%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for AIVL and JEPQ. For additional features, visit the drawdowns tool.
Volatility
AIVL vs. JEPQ - Volatility Comparison
The current volatility for WisdomTree U.S. Al Enhanced Value Fund (AIVL) is 2.77%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 4.41%. This indicates that AIVL 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.