BNKU vs. JEPQ
Compare and contrast key facts about MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
BNKU and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNKU is a passively managed fund by Bank of Montreal that tracks the performance of the Solactive MicroSectors U.S. Big Banks Index (-300%). It was launched on Apr 2, 2019. 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: BNKU or JEPQ.
Performance
BNKU vs. JEPQ - Performance Comparison
Returns By Period
BNKU
N/A
N/A
N/A
N/A
N/A
N/A
JEPQ
23.21%
3.95%
9.78%
26.98%
N/A
N/A
Key characteristics
| BNKU | JEPQ |
|---|
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BNKU vs. JEPQ - Expense Ratio Comparison
BNKU has a 0.95% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Correlation
The correlation between BNKU and JEPQ is 0.48, 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.
Risk-Adjusted Performance
BNKU vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) 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
BNKU vs. JEPQ - Dividend Comparison
BNKU has not paid dividends to shareholders, while JEPQ's dividend yield for the trailing twelve months is around 9.36%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
BNKU MicroSectors U.S. Big Banks Index 3X Leveraged ETNs | 0.00% | 0.00% | 0.00% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.36% | 10.02% | 9.44% |
Drawdowns
BNKU vs. JEPQ - Drawdown Comparison
Volatility
BNKU vs. JEPQ - Volatility Comparison
The current volatility for MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) is 0.00%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.69%. This indicates that BNKU experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.