DIVO vs. JEPQ
Compare and contrast key facts about Amplify CWP Enhanced Dividend Income ETF (DIVO) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
DIVO and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016. 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: DIVO or JEPQ.
Performance
DIVO vs. JEPQ - Performance Comparison
Returns By Period
In the year-to-date period, DIVO achieves a 18.05% return, which is significantly lower than JEPQ's 22.02% return.
DIVO
18.05%
-0.49%
8.12%
23.74%
12.00%
N/A
JEPQ
22.02%
2.29%
9.24%
26.48%
N/A
N/A
Key characteristics
| DIVO | JEPQ | |
|---|---|---|
| Sharpe Ratio | 2.67 | 2.16 |
| Sortino Ratio | 3.88 | 2.82 |
| Omega Ratio | 1.49 | 1.44 |
| Calmar Ratio | 4.29 | 2.48 |
| Martin Ratio | 17.25 | 10.72 |
| Ulcer Index | 1.36% | 2.48% |
| Daily Std Dev | 8.78% | 12.35% |
| Max Drawdown | -30.04% | -16.82% |
| Current Drawdown | -1.33% | -1.10% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DIVO vs. JEPQ - Expense Ratio Comparison
DIVO has a 0.55% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Correlation
The correlation between DIVO and JEPQ is 0.65, 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
DIVO vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Enhanced Dividend Income ETF (DIVO) 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
DIVO vs. JEPQ - Dividend Comparison
DIVO's dividend yield for the trailing twelve months is around 4.47%, less than JEPQ's 9.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.47% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.45% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DIVO vs. JEPQ - Drawdown Comparison
The maximum DIVO drawdown since its inception was -30.04%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for DIVO and JEPQ. For additional features, visit the drawdowns tool.
Volatility
DIVO vs. JEPQ - Volatility Comparison
The current volatility for Amplify CWP Enhanced Dividend Income ETF (DIVO) is 3.34%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.85%. This indicates that DIVO 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.