GABEX vs. JEPQ
Compare and contrast key facts about Gabelli Equity Income Fund (GABEX) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
GABEX is managed by Gabelli. It was launched on Jan 2, 1992. 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: GABEX or JEPQ.
Correlation
The correlation between GABEX and JEPQ is 0.63, 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
GABEX vs. JEPQ - Performance Comparison
Key characteristics
GABEX:
1.04
JEPQ:
1.79
GABEX:
1.51
JEPQ:
2.37
GABEX:
1.19
JEPQ:
1.35
GABEX:
1.56
JEPQ:
2.20
GABEX:
4.35
JEPQ:
9.30
GABEX:
2.83%
JEPQ:
2.54%
GABEX:
11.83%
JEPQ:
13.17%
GABEX:
-52.25%
JEPQ:
-16.82%
GABEX:
-0.97%
JEPQ:
-0.19%
Returns By Period
In the year-to-date period, GABEX achieves a 5.75% return, which is significantly higher than JEPQ's 4.40% return.
GABEX
5.75%
1.75%
6.85%
12.16%
8.90%
7.16%
JEPQ
4.40%
2.26%
15.27%
24.58%
N/A
N/A
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GABEX vs. JEPQ - Expense Ratio Comparison
GABEX has a 1.42% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
GABEX vs. JEPQ — Risk-Adjusted Performance Rank
GABEX
JEPQ
GABEX vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Equity Income Fund (GABEX) 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
GABEX vs. JEPQ - Dividend Comparison
GABEX's dividend yield for the trailing twelve months is around 31.76%, more than JEPQ's 9.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABEX Gabelli Equity Income Fund | 31.76% | 33.06% | 23.48% | 20.49% | 19.96% | 32.82% | 36.56% | 32.39% | 17.83% | 17.61% | 7.78% | 5.07% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.51% | 9.66% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GABEX vs. JEPQ - Drawdown Comparison
The maximum GABEX drawdown since its inception was -52.25%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for GABEX and JEPQ. For additional features, visit the drawdowns tool.
Volatility
GABEX vs. JEPQ - Volatility Comparison
The current volatility for Gabelli Equity Income Fund (GABEX) is 2.49%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.33%. This indicates that GABEX 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.