BIGZ vs. JEPQ
Compare and contrast key facts about Blackrock Innovation & Growth Trust (BIGZ) 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: BIGZ or JEPQ.
Key characteristics
| BIGZ | JEPQ | |
|---|---|---|
| YTD Return | 15.56% | 23.36% |
| 1Y Return | 25.79% | 29.05% |
| Sharpe Ratio | 1.36 | 2.38 |
| Sortino Ratio | 1.92 | 3.11 |
| Omega Ratio | 1.24 | 1.49 |
| Calmar Ratio | 0.42 | 2.71 |
| Martin Ratio | 4.57 | 11.74 |
| Ulcer Index | 5.77% | 2.48% |
| Daily Std Dev | 19.42% | 12.20% |
| Max Drawdown | -67.28% | -16.82% |
| Current Drawdown | -52.59% | 0.00% |
Correlation
The correlation between BIGZ and JEPQ is 0.71, 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
BIGZ vs. JEPQ - Performance Comparison
In the year-to-date period, BIGZ achieves a 15.56% return, which is significantly lower than JEPQ's 23.36% 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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Risk-Adjusted Performance
BIGZ vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackrock Innovation & Growth Trust (BIGZ) 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
BIGZ vs. JEPQ - Dividend Comparison
BIGZ's dividend yield for the trailing twelve months is around 9.68%, more than JEPQ's 9.35% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
BIGZ Blackrock Innovation & Growth Trust | 9.68% | 10.45% | 14.54% | 4.81% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.35% | 10.02% | 9.44% | 0.00% |
Drawdowns
BIGZ vs. JEPQ - Drawdown Comparison
The maximum BIGZ drawdown since its inception was -67.28%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for BIGZ and JEPQ. For additional features, visit the drawdowns tool.
Volatility
BIGZ vs. JEPQ - Volatility Comparison
Blackrock Innovation & Growth Trust (BIGZ) has a higher volatility of 4.97% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 3.39%. This indicates that BIGZ's price experiences larger fluctuations and is considered to be riskier than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.