FTHI vs. JEPQ
Compare and contrast key facts about First Trust BuyWrite Income ETF (FTHI) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
FTHI and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTHI is an actively managed fund by First Trust. It was launched on Jan 6, 2014. 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: FTHI or JEPQ.
Correlation
The correlation between FTHI and JEPQ is 0.82, 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
FTHI vs. JEPQ - Performance Comparison
Key characteristics
FTHI:
2.41
JEPQ:
2.17
FTHI:
3.17
JEPQ:
2.81
FTHI:
1.52
JEPQ:
1.44
FTHI:
3.59
JEPQ:
2.54
FTHI:
19.54
JEPQ:
10.92
FTHI:
1.07%
JEPQ:
2.49%
FTHI:
8.66%
JEPQ:
12.56%
FTHI:
-32.65%
JEPQ:
-16.82%
FTHI:
-1.13%
JEPQ:
-0.67%
Returns By Period
In the year-to-date period, FTHI achieves a 20.70% return, which is significantly lower than JEPQ's 26.73% return.
FTHI
20.70%
0.38%
10.08%
20.59%
8.09%
7.72%
JEPQ
26.73%
2.86%
10.59%
27.14%
N/A
N/A
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FTHI vs. JEPQ - Expense Ratio Comparison
FTHI has a 0.85% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
FTHI vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust BuyWrite Income ETF (FTHI) 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
FTHI vs. JEPQ - Dividend Comparison
FTHI's dividend yield for the trailing twelve months is around 8.49%, less than JEPQ's 9.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FTHI First Trust BuyWrite Income ETF | 8.49% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.02% | 4.43% | 4.98% | 3.96% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.33% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTHI vs. JEPQ - Drawdown Comparison
The maximum FTHI drawdown since its inception was -32.65%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for FTHI and JEPQ. For additional features, visit the drawdowns tool.
Volatility
FTHI vs. JEPQ - Volatility Comparison
First Trust BuyWrite Income ETF (FTHI) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) have volatilities of 3.02% and 2.90%, 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.