BLV vs. JEPI
Compare and contrast key facts about Vanguard Long-Term Bond ETF (BLV) and JPMorgan Equity Premium Income ETF (JEPI).
BLV and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007. 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: BLV or JEPI.
Key characteristics
| BLV | JEPI | |
|---|---|---|
| YTD Return | -6.91% | 4.24% |
| 1Y Return | -5.94% | 10.42% |
| 3Y Return (Ann) | -8.43% | 7.61% |
| Sharpe Ratio | -0.37 | 1.42 |
| Daily Std Dev | 14.21% | 7.44% |
| Max Drawdown | -38.29% | -13.71% |
| Current Drawdown | -31.33% | -2.00% |
Correlation
The correlation between BLV and JEPI is 0.15, 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
BLV vs. JEPI - Performance Comparison
In the year-to-date period, BLV achieves a -6.91% return, which is significantly lower than JEPI's 4.24% 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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BLV vs. JEPI - Expense Ratio Comparison
BLV has a 0.04% expense ratio, which is lower than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
BLV vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Bond ETF (BLV) 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
BLV vs. JEPI - Dividend Comparison
BLV's dividend yield for the trailing twelve months is around 4.52%, less than JEPI's 7.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLV Vanguard Long-Term Bond ETF | 4.52% | 4.06% | 4.17% | 3.37% | 5.84% | 3.57% | 4.07% | 3.63% | 4.16% | 4.37% | 3.90% | 4.85% |
JEPI JPMorgan Equity Premium Income ETF | 7.57% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BLV vs. JEPI - Drawdown Comparison
The maximum BLV drawdown since its inception was -38.29%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for BLV and JEPI. For additional features, visit the drawdowns tool.
Volatility
BLV vs. JEPI - Volatility Comparison
Vanguard Long-Term Bond ETF (BLV) has a higher volatility of 3.69% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.49%. This indicates that BLV's price experiences larger fluctuations and is considered to be riskier than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.