FBY vs. JPMO
Compare and contrast key facts about YieldMax META Option Income ETF (FBY) and YieldMax JPM Option Income Strategy ETF (JPMO).
FBY and JPMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FBY is an actively managed fund by YieldMax. It was launched on Jul 27, 2023. JPMO is an actively managed fund by YieldMax. It was launched on Sep 11, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBY or JPMO.
Correlation
The correlation between FBY and JPMO is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FBY vs. JPMO - Performance Comparison
Key characteristics
FBY:
1.63
JPMO:
1.02
FBY:
2.09
JPMO:
1.37
FBY:
1.32
JPMO:
1.22
FBY:
2.65
JPMO:
1.73
FBY:
7.67
JPMO:
4.25
FBY:
5.23%
JPMO:
4.31%
FBY:
24.67%
JPMO:
18.01%
FBY:
-15.14%
JPMO:
-10.64%
FBY:
-4.95%
JPMO:
-3.54%
Returns By Period
In the year-to-date period, FBY achieves a 11.74% return, which is significantly higher than JPMO's 9.58% return.
FBY
11.74%
8.72%
28.02%
41.08%
N/A
N/A
JPMO
9.58%
2.33%
12.30%
19.98%
N/A
N/A
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FBY vs. JPMO - Expense Ratio Comparison
FBY has a 0.99% expense ratio, which is lower than JPMO's 1.01% expense ratio.
Risk-Adjusted Performance
FBY vs. JPMO — Risk-Adjusted Performance Rank
FBY
JPMO
FBY vs. JPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax META Option Income ETF (FBY) and YieldMax JPM Option Income Strategy ETF (JPMO). 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
FBY vs. JPMO - Dividend Comparison
FBY's dividend yield for the trailing twelve months is around 45.60%, more than JPMO's 26.90% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
FBY YieldMax META Option Income ETF | 45.60% | 53.90% | 8.31% |
JPMO YieldMax JPM Option Income Strategy ETF
| 26.90% | 25.16% | 4.85% |
Drawdowns
FBY vs. JPMO - Drawdown Comparison
The maximum FBY drawdown since its inception was -15.14%, which is greater than JPMO's maximum drawdown of -10.64%. Use the drawdown chart below to compare losses from any high point for FBY and JPMO. For additional features, visit the drawdowns tool.
Volatility
FBY vs. JPMO - Volatility Comparison
YieldMax META Option Income ETF (FBY) and YieldMax JPM Option Income Strategy ETF (JPMO) have volatilities of 4.88% and 4.91%, 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.