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FFOPX vs. JEPQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FFOPX vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.70%
9.42%
FFOPX
JEPQ

Returns By Period

In the year-to-date period, FFOPX achieves a 15.32% return, which is significantly lower than JEPQ's 22.43% return.


FFOPX

YTD

15.32%

1M

-0.71%

6M

6.70%

1Y

22.42%

5Y (annualized)

9.68%

10Y (annualized)

N/A

JEPQ

YTD

22.43%

1M

2.46%

6M

9.42%

1Y

26.56%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


FFOPXJEPQ
Sharpe Ratio2.092.15
Sortino Ratio2.902.82
Omega Ratio1.381.44
Calmar Ratio2.642.47
Martin Ratio13.2410.68
Ulcer Index1.67%2.48%
Daily Std Dev10.57%12.33%
Max Drawdown-30.71%-16.82%
Current Drawdown-1.80%-0.78%

Compare stocks, funds, or ETFs

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FFOPX vs. JEPQ - Expense Ratio Comparison

FFOPX has a 0.08% expense ratio, which is lower than JEPQ's 0.35% expense ratio.


JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
Expense ratio chart for JEPQ: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for FFOPX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Correlation

-0.50.00.51.00.9

The correlation between FFOPX and JEPQ is 0.86, 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.

Risk-Adjusted Performance

FFOPX vs. JEPQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) 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.


Sharpe ratio
The chart of Sharpe ratio for FFOPX, currently valued at 2.09, compared to the broader market-1.000.001.002.003.004.005.002.092.15
The chart of Sortino ratio for FFOPX, currently valued at 2.90, compared to the broader market0.005.0010.002.902.82
The chart of Omega ratio for FFOPX, currently valued at 1.38, compared to the broader market1.002.003.004.001.381.44
The chart of Calmar ratio for FFOPX, currently valued at 3.21, compared to the broader market0.005.0010.0015.0020.0025.003.212.47
The chart of Martin ratio for FFOPX, currently valued at 13.24, compared to the broader market0.0020.0040.0060.0080.00100.0013.2410.68
FFOPX
JEPQ

The current FFOPX Sharpe Ratio is 2.09, which is comparable to the JEPQ Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of FFOPX and JEPQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.09
2.15
FFOPX
JEPQ

Dividends

FFOPX vs. JEPQ - Dividend Comparison

FFOPX's dividend yield for the trailing twelve months is around 1.74%, less than JEPQ's 9.42% yield.


TTM202320222021202020192018201720162015
FFOPX
Fidelity Freedom Index 2050 Fund Institutional Premium Class
1.74%1.98%2.01%1.62%1.41%1.81%2.24%1.76%2.09%2.01%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
9.42%10.02%9.44%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FFOPX vs. JEPQ - Drawdown Comparison

The maximum FFOPX drawdown since its inception was -30.71%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for FFOPX and JEPQ. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.80%
-0.78%
FFOPX
JEPQ

Volatility

FFOPX vs. JEPQ - Volatility Comparison

The current volatility for Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) is 2.95%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.86%. This indicates that FFOPX 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.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
2.95%
3.86%
FFOPX
JEPQ