DDIV vs. JEPQ
Compare and contrast key facts about First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
DDIV and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DDIV is a passively managed fund by First Trust that tracks the performance of the Dorsey Wright Momentum Plus Dividend Yield Index. It was launched on Mar 10, 2014. 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: DDIV or JEPQ.
Performance
DDIV vs. JEPQ - Performance Comparison
Returns By Period
In the year-to-date period, DDIV achieves a 32.72% return, which is significantly higher than JEPQ's 21.86% return.
DDIV
32.72%
3.68%
18.32%
43.72%
12.11%
9.65%
JEPQ
21.86%
2.15%
8.87%
26.31%
N/A
N/A
Key characteristics
| DDIV | JEPQ | |
|---|---|---|
| Sharpe Ratio | 3.18 | 2.14 |
| Sortino Ratio | 4.30 | 2.81 |
| Omega Ratio | 1.56 | 1.44 |
| Calmar Ratio | 3.50 | 2.47 |
| Martin Ratio | 21.89 | 10.65 |
| Ulcer Index | 2.08% | 2.48% |
| Daily Std Dev | 14.33% | 12.34% |
| Max Drawdown | -47.55% | -16.82% |
| Current Drawdown | -0.89% | -1.24% |
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DDIV vs. JEPQ - Expense Ratio Comparison
DDIV has a 0.60% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Correlation
The correlation between DDIV and JEPQ is 0.60, 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.
Risk-Adjusted Performance
DDIV vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) 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
DDIV vs. JEPQ - Dividend Comparison
DDIV's dividend yield for the trailing twelve months is around 2.26%, less than JEPQ's 9.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DDIV First Trust Dorsey Wright Momentum & Dividend ETF | 2.26% | 3.18% | 3.60% | 2.43% | 2.63% | 2.93% | 3.27% | 2.35% | 2.45% | 2.61% | 2.15% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.46% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DDIV vs. JEPQ - Drawdown Comparison
The maximum DDIV drawdown since its inception was -47.55%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for DDIV and JEPQ. For additional features, visit the drawdowns tool.
Volatility
DDIV vs. JEPQ - Volatility Comparison
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) has a higher volatility of 5.58% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 3.83%. This indicates that DDIV'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.