FOCKX vs. JEPI
Compare and contrast key facts about Fidelity OTC Portfolio Class K (FOCKX) and JPMorgan Equity Premium Income ETF (JEPI).
FOCKX is managed by Fidelity. It was launched on May 9, 2008. JEPI is an actively managed fund by JPMorgan Chase. It was launched on May 20, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOCKX or JEPI.
Key characteristics
| FOCKX | JEPI | |
|---|---|---|
| YTD Return | 18.43% | 16.00% |
| 1Y Return | 26.80% | 20.33% |
| 3Y Return (Ann) | 1.77% | 8.37% |
| Sharpe Ratio | 1.42 | 3.04 |
| Sortino Ratio | 1.79 | 4.23 |
| Omega Ratio | 1.29 | 1.62 |
| Calmar Ratio | 1.35 | 5.53 |
| Martin Ratio | 4.19 | 21.64 |
| Ulcer Index | 7.00% | 0.99% |
| Daily Std Dev | 20.57% | 7.01% |
| Max Drawdown | -53.34% | -13.71% |
| Current Drawdown | -9.80% | 0.00% |
Correlation
The correlation between FOCKX and JEPI is 0.62, 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.
Performance
FOCKX vs. JEPI - Performance Comparison
In the year-to-date period, FOCKX achieves a 18.43% return, which is significantly higher than JEPI's 16.00% 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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FOCKX vs. JEPI - Expense Ratio Comparison
FOCKX has a 0.73% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
FOCKX vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity OTC Portfolio Class K (FOCKX) and JPMorgan Equity Premium Income ETF (JEPI). 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
FOCKX vs. JEPI - Dividend Comparison
FOCKX's dividend yield for the trailing twelve months is around 0.08%, less than JEPI's 7.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOCKX Fidelity OTC Portfolio Class K | 0.08% | 0.09% | 0.00% | 0.00% | 0.08% | 0.03% | 0.00% | 0.00% | 0.00% | 4.65% | 12.92% | 13.66% |
JEPI JPMorgan Equity Premium Income ETF | 7.05% | 8.40% | 11.67% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FOCKX vs. JEPI - Drawdown Comparison
The maximum FOCKX drawdown since its inception was -53.34%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for FOCKX and JEPI. For additional features, visit the drawdowns tool.
Volatility
FOCKX vs. JEPI - Volatility Comparison
Fidelity OTC Portfolio Class K (FOCKX) has a higher volatility of 5.06% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.99%. This indicates that FOCKX's price experiences larger fluctuations and is considered to be riskier than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.