GDMA vs. JEPI
Compare and contrast key facts about Gadsden Dynamic Multi-Asset ETF (GDMA) and JPMorgan Equity Premium Income ETF (JEPI).
GDMA and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDMA is an actively managed fund by Gadsden. It was launched on Nov 14, 2018. 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: GDMA or JEPI.
Key characteristics
| GDMA | JEPI | |
|---|---|---|
| YTD Return | 0.75% | 3.78% |
| 1Y Return | 6.42% | 11.84% |
| 3Y Return (Ann) | 0.10% | 7.64% |
| Sharpe Ratio | 1.38 | 1.47 |
| Daily Std Dev | 4.71% | 7.41% |
| Max Drawdown | -16.66% | -13.71% |
| Current Drawdown | -5.00% | -2.44% |
Correlation
The correlation between GDMA and JEPI is 0.17, 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
GDMA vs. JEPI - Performance Comparison
In the year-to-date period, GDMA achieves a 0.75% return, which is significantly lower than JEPI's 3.78% 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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GDMA vs. JEPI - Expense Ratio Comparison
GDMA has a 0.77% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
GDMA vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gadsden Dynamic Multi-Asset ETF (GDMA) 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
GDMA vs. JEPI - Dividend Comparison
GDMA's dividend yield for the trailing twelve months is around 4.11%, less than JEPI's 7.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
GDMA Gadsden Dynamic Multi-Asset ETF | 4.11% | 4.14% | 1.18% | 2.10% | 0.62% | 3.17% | 0.63% |
JEPI JPMorgan Equity Premium Income ETF | 7.60% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% |
Drawdowns
GDMA vs. JEPI - Drawdown Comparison
The maximum GDMA drawdown since its inception was -16.66%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for GDMA and JEPI. For additional features, visit the drawdowns tool.
Volatility
GDMA vs. JEPI - Volatility Comparison
The current volatility for Gadsden Dynamic Multi-Asset ETF (GDMA) is 2.33%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 2.54%. This indicates that GDMA experiences smaller price fluctuations and is considered to be less risky than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.