FEPIX vs. JEPQ
Compare and contrast key facts about Fidelity Total Bond Fund (FEPIX) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
FEPIX is managed by Fidelity. 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: FEPIX or JEPQ.
Key characteristics
| FEPIX | JEPQ | |
|---|---|---|
| YTD Return | -0.02% | 11.64% |
| 1Y Return | 3.85% | 29.09% |
| Sharpe Ratio | 0.69 | 2.66 |
| Daily Std Dev | 6.35% | 11.01% |
| Max Drawdown | -17.77% | -16.82% |
| Current Drawdown | -7.93% | 0.00% |
Correlation
The correlation between FEPIX and JEPQ is 0.22, 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
FEPIX vs. JEPQ - Performance Comparison
In the year-to-date period, FEPIX achieves a -0.02% return, which is significantly lower than JEPQ's 11.64% 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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FEPIX vs. JEPQ - Expense Ratio Comparison
FEPIX has a 0.50% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
FEPIX vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond Fund (FEPIX) 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
FEPIX vs. JEPQ - Dividend Comparison
FEPIX's dividend yield for the trailing twelve months is around 4.26%, less than JEPQ's 8.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEPIX Fidelity Total Bond Fund | 4.26% | 4.10% | 3.28% | 2.20% | 5.18% | 2.98% | 3.13% | 2.92% | 3.19% | 3.65% | 3.09% | 3.87% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 8.82% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FEPIX vs. JEPQ - Drawdown Comparison
The maximum FEPIX drawdown since its inception was -17.77%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for FEPIX and JEPQ. For additional features, visit the drawdowns tool.
Volatility
FEPIX vs. JEPQ - Volatility Comparison
The current volatility for Fidelity Total Bond Fund (FEPIX) is 1.31%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 4.46%. This indicates that FEPIX 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.