CPZ vs. JEPI
Compare and contrast key facts about Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) and JPMorgan Equity Premium Income ETF (JEPI).
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: CPZ or JEPI.
Correlation
The correlation between CPZ and JEPI is 0.40, 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
CPZ vs. JEPI - Performance Comparison
Key characteristics
CPZ:
1.39
JEPI:
1.67
CPZ:
1.98
JEPI:
2.25
CPZ:
1.24
JEPI:
1.32
CPZ:
1.33
JEPI:
2.62
CPZ:
9.70
JEPI:
8.47
CPZ:
1.66%
JEPI:
1.52%
CPZ:
11.54%
JEPI:
7.77%
CPZ:
-51.43%
JEPI:
-13.71%
CPZ:
-1.46%
JEPI:
-1.50%
Returns By Period
In the year-to-date period, CPZ achieves a 4.52% return, which is significantly higher than JEPI's 2.76% return.
CPZ
4.52%
1.71%
6.35%
14.56%
5.63%
N/A
JEPI
2.76%
2.12%
8.36%
12.71%
N/A
N/A
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Risk-Adjusted Performance
CPZ vs. JEPI — Risk-Adjusted Performance Rank
CPZ
JEPI
CPZ vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) 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
CPZ vs. JEPI - Dividend Comparison
CPZ's dividend yield for the trailing twelve months is around 12.10%, more than JEPI's 7.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
CPZ Calamos Long/Short Equity & Dynamic Income Term Trust | 11.20% | 12.65% | 11.63% | 11.06% | 8.37% | 7.69% | 0.21% |
JEPI JPMorgan Equity Premium Income ETF | 7.21% | 7.33% | 8.40% | 11.67% | 6.59% | 5.79% | 0.00% |
Drawdowns
CPZ vs. JEPI - Drawdown Comparison
The maximum CPZ drawdown since its inception was -51.43%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for CPZ and JEPI. For additional features, visit the drawdowns tool.
Volatility
CPZ vs. JEPI - Volatility Comparison
Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) has a higher volatility of 3.40% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.35%. This indicates that CPZ's price experiences larger fluctuations and is considered to be riskier than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.