FDFPX vs. JEPQ
Compare and contrast key facts about Fidelity Flex Freedom Blend 2065 Fund (FDFPX) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
FDFPX is managed by Fidelity. It was launched on Jun 28, 2019. 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: FDFPX or JEPQ.
Key characteristics
| FDFPX | JEPQ | |
|---|---|---|
| YTD Return | 18.19% | 23.19% |
| 1Y Return | 29.72% | 28.90% |
| Sharpe Ratio | 2.74 | 2.49 |
| Sortino Ratio | 3.79 | 3.24 |
| Omega Ratio | 1.51 | 1.51 |
| Calmar Ratio | 2.62 | 2.85 |
| Martin Ratio | 17.75 | 12.34 |
| Ulcer Index | 1.75% | 2.48% |
| Daily Std Dev | 11.33% | 12.22% |
| Max Drawdown | -31.22% | -16.82% |
| Current Drawdown | -0.07% | 0.00% |
Correlation
The correlation between FDFPX and JEPQ is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FDFPX vs. JEPQ - Performance Comparison
In the year-to-date period, FDFPX achieves a 18.19% return, which is significantly lower than JEPQ's 23.19% 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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FDFPX vs. JEPQ - Expense Ratio Comparison
FDFPX has a 0.00% expense ratio, which is lower than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
FDFPX vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2065 Fund (FDFPX) 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
FDFPX vs. JEPQ - Dividend Comparison
FDFPX's dividend yield for the trailing twelve months is around 1.63%, less than JEPQ's 9.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
FDFPX Fidelity Flex Freedom Blend 2065 Fund | 1.63% | 1.90% | 2.55% | 2.52% | 1.55% | 2.03% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.36% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDFPX vs. JEPQ - Drawdown Comparison
The maximum FDFPX drawdown since its inception was -31.22%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for FDFPX and JEPQ. For additional features, visit the drawdowns tool.
Volatility
FDFPX vs. JEPQ - Volatility Comparison
The current volatility for Fidelity Flex Freedom Blend 2065 Fund (FDFPX) is 3.04%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.39%. This indicates that FDFPX 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.