GCC vs. JEPI
Compare and contrast key facts about WisdomTree Enhanced Commodity Strategy Fund (GCC) and JPMorgan Equity Premium Income ETF (JEPI).
GCC and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GCC is an actively managed fund by WisdomTree. It was launched on Jan 24, 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: GCC or JEPI.
Key characteristics
| GCC | JEPI | |
|---|---|---|
| YTD Return | 12.08% | 15.79% |
| 1Y Return | 9.79% | 20.11% |
| 3Y Return (Ann) | 4.21% | 8.29% |
| Sharpe Ratio | 0.91 | 2.87 |
| Sortino Ratio | 1.35 | 4.00 |
| Omega Ratio | 1.15 | 1.58 |
| Calmar Ratio | 0.29 | 5.20 |
| Martin Ratio | 2.95 | 20.34 |
| Ulcer Index | 3.85% | 0.99% |
| Daily Std Dev | 12.51% | 7.00% |
| Max Drawdown | -63.19% | -13.71% |
| Current Drawdown | -29.59% | -0.18% |
Correlation
The correlation between GCC and JEPI 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
GCC vs. JEPI - Performance Comparison
In the year-to-date period, GCC achieves a 12.08% return, which is significantly lower than JEPI's 15.79% 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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GCC vs. JEPI - Expense Ratio Comparison
GCC has a 0.55% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
GCC vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity Strategy Fund (GCC) 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
GCC vs. JEPI - Dividend Comparison
GCC's dividend yield for the trailing twelve months is around 3.59%, less than JEPI's 7.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
GCC WisdomTree Enhanced Commodity Strategy Fund | 3.59% | 3.68% | 22.49% | 9.76% | 0.00% |
JEPI JPMorgan Equity Premium Income ETF | 7.07% | 8.40% | 11.67% | 6.59% | 5.79% |
Drawdowns
GCC vs. JEPI - Drawdown Comparison
The maximum GCC drawdown since its inception was -63.19%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for GCC and JEPI. For additional features, visit the drawdowns tool.
Volatility
GCC vs. JEPI - Volatility Comparison
WisdomTree Enhanced Commodity Strategy Fund (GCC) has a higher volatility of 4.14% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.97%. This indicates that GCC'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.