ARDC vs. JEPQ
Compare and contrast key facts about Ares Dynamic Credit Allocation Fund, Inc. (ARDC) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
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: ARDC or JEPQ.
Correlation
The correlation between ARDC and JEPQ is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ARDC vs. JEPQ - Performance Comparison
Key characteristics
ARDC:
2.11
JEPQ:
2.14
ARDC:
2.91
JEPQ:
2.78
ARDC:
1.39
JEPQ:
1.43
ARDC:
5.55
JEPQ:
2.50
ARDC:
15.52
JEPQ:
10.77
ARDC:
1.47%
JEPQ:
2.49%
ARDC:
10.81%
JEPQ:
12.53%
ARDC:
-45.40%
JEPQ:
-16.82%
ARDC:
-4.11%
JEPQ:
-1.48%
Returns By Period
In the year-to-date period, ARDC achieves a 18.79% return, which is significantly lower than JEPQ's 25.70% return.
ARDC
18.79%
-1.40%
5.88%
22.17%
9.64%
8.68%
JEPQ
25.70%
2.67%
9.33%
26.16%
N/A
N/A
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Risk-Adjusted Performance
ARDC vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) 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
ARDC vs. JEPQ - Dividend Comparison
ARDC's dividend yield for the trailing twelve months is around 8.69%, less than JEPQ's 9.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARDC Ares Dynamic Credit Allocation Fund, Inc. | 8.69% | 9.90% | 10.36% | 7.20% | 8.44% | 8.44% | 9.39% | 7.60% | 8.47% | 10.51% | 8.87% | 7.81% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.41% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ARDC vs. JEPQ - Drawdown Comparison
The maximum ARDC drawdown since its inception was -45.40%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for ARDC and JEPQ. For additional features, visit the drawdowns tool.
Volatility
ARDC vs. JEPQ - Volatility Comparison
Ares Dynamic Credit Allocation Fund, Inc. (ARDC) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) have volatilities of 2.70% and 2.83%, 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.