CELFX vs. JEPI
Compare and contrast key facts about Cliffwater Enhanced Lending Fund (CELFX) and JPMorgan Equity Premium Income ETF (JEPI).
CELFX is managed by Cliffwater. It was launched on Jul 26, 2021. 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: CELFX or JEPI.
Key characteristics
| CELFX | JEPI | |
|---|---|---|
| YTD Return | 8.28% | 15.79% |
| 1Y Return | 10.72% | 20.11% |
| 3Y Return (Ann) | 11.73% | 8.29% |
| Sharpe Ratio | 3.35 | 2.87 |
| Sortino Ratio | 3.72 | 4.00 |
| Omega Ratio | 4.17 | 1.58 |
| Calmar Ratio | 3.91 | 5.20 |
| Martin Ratio | 13.74 | 20.34 |
| Ulcer Index | 0.79% | 0.99% |
| Daily Std Dev | 3.23% | 7.00% |
| Max Drawdown | -2.77% | -13.71% |
| Current Drawdown | -1.79% | -0.18% |
Correlation
The correlation between CELFX and JEPI is 0.04, 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
CELFX vs. JEPI - Performance Comparison
In the year-to-date period, CELFX achieves a 8.28% return, which is significantly lower than JEPI's 15.79% 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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CELFX vs. JEPI - Expense Ratio Comparison
CELFX has a 1.68% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
CELFX vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cliffwater Enhanced Lending Fund (CELFX) 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
CELFX vs. JEPI - Dividend Comparison
CELFX's dividend yield for the trailing twelve months is around 8.28%, more than JEPI's 7.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
CELFX Cliffwater Enhanced Lending Fund | 8.28% | 10.67% | 9.42% | 3.10% | 0.00% |
JEPI JPMorgan Equity Premium Income ETF | 7.07% | 8.40% | 11.67% | 6.59% | 5.79% |
Drawdowns
CELFX vs. JEPI - Drawdown Comparison
The maximum CELFX drawdown since its inception was -2.77%, smaller than the maximum JEPI drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for CELFX and JEPI. For additional features, visit the drawdowns tool.
Volatility
CELFX vs. JEPI - Volatility Comparison
The current volatility for Cliffwater Enhanced Lending Fund (CELFX) is 0.24%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 1.97%. This indicates that CELFX 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.