BCHYX vs. JEPIX
Compare and contrast key facts about American Century California High Yield Municipal Fund (BCHYX) and JPMorgan Equity Premium Income Fund Class I (JEPIX).
BCHYX is managed by American Century Investments. It was launched on Dec 29, 1986. JEPIX is managed by JPMorgan Chase. It was launched on Aug 31, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCHYX or JEPIX.
Key characteristics
| BCHYX | JEPIX | |
|---|---|---|
| YTD Return | 3.83% | 16.21% |
| 1Y Return | 11.08% | 21.02% |
| 3Y Return (Ann) | -0.83% | 8.30% |
| 5Y Return (Ann) | 1.28% | 10.03% |
| Sharpe Ratio | 2.76 | 2.94 |
| Sortino Ratio | 4.22 | 4.25 |
| Omega Ratio | 1.67 | 1.61 |
| Calmar Ratio | 0.87 | 5.39 |
| Martin Ratio | 13.64 | 19.84 |
| Ulcer Index | 0.81% | 1.06% |
| Daily Std Dev | 4.01% | 7.17% |
| Max Drawdown | -17.63% | -32.63% |
| Current Drawdown | -3.03% | 0.00% |
Correlation
The correlation between BCHYX and JEPIX is 0.13, 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
BCHYX vs. JEPIX - Performance Comparison
In the year-to-date period, BCHYX achieves a 3.83% return, which is significantly lower than JEPIX's 16.21% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BCHYX vs. JEPIX - Expense Ratio Comparison
BCHYX has a 0.49% expense ratio, which is lower than JEPIX's 0.63% expense ratio.
Risk-Adjusted Performance
BCHYX vs. JEPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century California High Yield Municipal Fund (BCHYX) and JPMorgan Equity Premium Income Fund Class I (JEPIX). 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
BCHYX vs. JEPIX - Dividend Comparison
BCHYX's dividend yield for the trailing twelve months is around 3.75%, less than JEPIX's 6.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCHYX American Century California High Yield Municipal Fund | 3.75% | 3.67% | 3.43% | 2.94% | 3.07% | 3.24% | 3.50% | 3.48% | 3.61% | 3.70% | 3.87% | 4.23% |
JEPIX JPMorgan Equity Premium Income Fund Class I | 6.89% | 8.43% | 12.24% | 7.58% | 11.59% | 7.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BCHYX vs. JEPIX - Drawdown Comparison
The maximum BCHYX drawdown since its inception was -17.63%, smaller than the maximum JEPIX drawdown of -32.63%. Use the drawdown chart below to compare losses from any high point for BCHYX and JEPIX. For additional features, visit the drawdowns tool.
Volatility
BCHYX vs. JEPIX - Volatility Comparison
American Century California High Yield Municipal Fund (BCHYX) and JPMorgan Equity Premium Income Fund Class I (JEPIX) have volatilities of 1.96% and 1.91%, 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.