CGDV vs. JEPQ
Compare and contrast key facts about Capital Group Dividend Value ETF (CGDV) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
CGDV and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGDV is an actively managed fund by Capital Group. It was launched on Feb 22, 2022. 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: CGDV or JEPQ.
Key characteristics
| CGDV | JEPQ | |
|---|---|---|
| YTD Return | 25.31% | 23.19% |
| 1Y Return | 38.39% | 28.90% |
| Sharpe Ratio | 3.52 | 2.49 |
| Sortino Ratio | 4.86 | 3.24 |
| Omega Ratio | 1.65 | 1.51 |
| Calmar Ratio | 7.82 | 2.85 |
| Martin Ratio | 30.74 | 12.34 |
| Ulcer Index | 1.32% | 2.48% |
| Daily Std Dev | 11.45% | 12.22% |
| Max Drawdown | -21.82% | -16.82% |
| Current Drawdown | -0.38% | 0.00% |
Correlation
The correlation between CGDV and JEPQ is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CGDV vs. JEPQ - Performance Comparison
In the year-to-date period, CGDV achieves a 25.31% return, which is significantly higher than JEPQ's 23.19% 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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CGDV vs. JEPQ - Expense Ratio Comparison
CGDV has a 0.33% expense ratio, which is lower than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
CGDV vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Value ETF (CGDV) 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
CGDV vs. JEPQ - Dividend Comparison
CGDV's dividend yield for the trailing twelve months is around 1.48%, less than JEPQ's 9.36% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
CGDV Capital Group Dividend Value ETF | 1.48% | 1.66% | 1.36% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.36% | 10.02% | 9.44% |
Drawdowns
CGDV vs. JEPQ - Drawdown Comparison
The maximum CGDV drawdown since its inception was -21.82%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for CGDV and JEPQ. For additional features, visit the drawdowns tool.
Volatility
CGDV vs. JEPQ - Volatility Comparison
Capital Group Dividend Value ETF (CGDV) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) have volatilities of 3.29% and 3.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.