CCOR vs. JEPQ
Compare and contrast key facts about Core Alternative ETF (CCOR) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
CCOR and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CCOR is an actively managed fund by Core Alternative Capital. It was launched on May 24, 2017. 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: CCOR or JEPQ.
Key characteristics
| CCOR | JEPQ | |
|---|---|---|
| YTD Return | -1.82% | 20.41% |
| 1Y Return | -2.66% | 34.37% |
| Sharpe Ratio | -0.43 | 2.96 |
| Sortino Ratio | -0.59 | 3.81 |
| Omega Ratio | 0.93 | 1.61 |
| Calmar Ratio | -0.17 | 3.36 |
| Martin Ratio | -0.76 | 14.57 |
| Ulcer Index | 5.26% | 2.47% |
| Daily Std Dev | 9.40% | 12.15% |
| Max Drawdown | -22.99% | -16.82% |
| Current Drawdown | -16.46% | 0.00% |
Correlation
The correlation between CCOR and JEPQ is 0.08, 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
CCOR vs. JEPQ - Performance Comparison
In the year-to-date period, CCOR achieves a -1.82% return, which is significantly lower than JEPQ's 20.41% 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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CCOR vs. JEPQ - Expense Ratio Comparison
CCOR has a 1.09% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
CCOR vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Core Alternative ETF (CCOR) 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
CCOR vs. JEPQ - Dividend Comparison
CCOR's dividend yield for the trailing twelve months is around 1.14%, less than JEPQ's 9.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
CCOR Core Alternative ETF | 1.14% | 1.21% | 1.11% | 1.02% | 1.50% | 0.73% | 1.53% | 0.89% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.35% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CCOR vs. JEPQ - Drawdown Comparison
The maximum CCOR drawdown since its inception was -22.99%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for CCOR and JEPQ. For additional features, visit the drawdowns tool.
Volatility
CCOR vs. JEPQ - Volatility Comparison
Core Alternative ETF (CCOR) has a higher volatility of 2.64% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 2.15%. This indicates that CCOR'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.