CNDX.L vs. JEPQ
Compare and contrast key facts about iShares NASDAQ 100 UCITS ETF (CNDX.L) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
CNDX.L and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNDX.L is a passively managed fund by iShares that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 26, 2010. 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: CNDX.L or JEPQ.
Key characteristics
| CNDX.L | JEPQ | |
|---|---|---|
| YTD Return | 1.12% | 5.03% |
| 1Y Return | 32.06% | 26.08% |
| Sharpe Ratio | 2.04 | 2.38 |
| Daily Std Dev | 15.69% | 11.05% |
| Max Drawdown | -35.21% | -16.82% |
| Current Drawdown | -7.49% | -5.17% |
Correlation
The correlation between CNDX.L and JEPQ is 0.63, 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
CNDX.L vs. JEPQ - Performance Comparison
In the year-to-date period, CNDX.L achieves a 1.12% return, which is significantly lower than JEPQ's 5.03% 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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CNDX.L vs. JEPQ - Expense Ratio Comparison
CNDX.L has a 0.33% expense ratio, which is lower than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
CNDX.L vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF (CNDX.L) 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
CNDX.L vs. JEPQ - Dividend Comparison
CNDX.L's dividend yield for the trailing twelve months is around 0.03%, less than JEPQ's 9.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNDX.L iShares NASDAQ 100 UCITS ETF | 0.03% | 0.04% | 0.06% | 0.03% | 0.04% | 0.07% | 0.06% | 0.30% | 0.16% | 0.16% | 1.16% | 0.16% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.40% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CNDX.L vs. JEPQ - Drawdown Comparison
The maximum CNDX.L drawdown since its inception was -35.21%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for CNDX.L and JEPQ. For additional features, visit the drawdowns tool.
Volatility
CNDX.L vs. JEPQ - Volatility Comparison
The current volatility for iShares NASDAQ 100 UCITS ETF (CNDX.L) is 3.40%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.92%. This indicates that CNDX.L 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.