BND.TO vs. JEPI
Compare and contrast key facts about Purpose Global Bond Fund (BND.TO) and JPMorgan Equity Premium Income ETF (JEPI).
BND.TO and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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: BND.TO or JEPI.
Key characteristics
| BND.TO | JEPI | |
|---|---|---|
| YTD Return | 0.32% | 3.60% |
| 1Y Return | 5.39% | 10.43% |
| 3Y Return (Ann) | 0.52% | 7.05% |
| Sharpe Ratio | 1.15 | 1.34 |
| Daily Std Dev | 4.94% | 7.25% |
| Max Drawdown | -16.55% | -13.71% |
| Current Drawdown | -0.97% | -2.60% |
Correlation
The correlation between BND.TO and JEPI is 0.44, 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
BND.TO vs. JEPI - Performance Comparison
In the year-to-date period, BND.TO achieves a 0.32% return, which is significantly lower than JEPI's 3.60% 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
BND.TO vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Purpose Global Bond Fund (BND.TO) 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
BND.TO vs. JEPI - Dividend Comparison
BND.TO's dividend yield for the trailing twelve months is around 5.38%, less than JEPI's 7.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
BND.TO Purpose Global Bond Fund | 5.38% | 5.20% | 4.14% | 3.89% | 3.48% | 3.11% | 3.96% | 3.47% | 3.26% | 0.53% |
JEPI JPMorgan Equity Premium Income ETF | 7.48% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BND.TO vs. JEPI - Drawdown Comparison
The maximum BND.TO drawdown since its inception was -16.55%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for BND.TO and JEPI. For additional features, visit the drawdowns tool.
Volatility
BND.TO vs. JEPI - Volatility Comparison
The current volatility for Purpose Global Bond Fund (BND.TO) is 2.13%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 2.64%. This indicates that BND.TO experiences smaller price fluctuations and is considered to be less risky than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.