GDXY vs. JEPQ
Compare and contrast key facts about YieldMax Gold Miners Option Income Strategy ETF (GDXY) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
GDXY and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDXY is managed by YieldMax. It was launched on May 20, 2024. 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: GDXY or JEPQ.
Correlation
The correlation between GDXY and JEPQ is 0.32, 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
GDXY vs. JEPQ - Performance Comparison
Key characteristics
GDXY:
25.52%
JEPQ:
20.45%
GDXY:
-17.83%
JEPQ:
-20.07%
GDXY:
-5.15%
JEPQ:
-10.99%
Returns By Period
In the year-to-date period, GDXY achieves a 28.23% return, which is significantly higher than JEPQ's -6.90% return.
GDXY
28.23%
2.40%
10.48%
N/A
N/A
N/A
JEPQ
-6.90%
-2.99%
-2.76%
9.37%
N/A
N/A
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GDXY vs. JEPQ - Expense Ratio Comparison
GDXY has a 0.99% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
GDXY vs. JEPQ — Risk-Adjusted Performance Rank
GDXY
JEPQ
GDXY vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Gold Miners Option Income Strategy ETF (GDXY) 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.
Not enough dataDividends
GDXY vs. JEPQ - Dividend Comparison
GDXY's dividend yield for the trailing twelve months is around 40.08%, more than JEPQ's 11.29% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
GDXY YieldMax Gold Miners Option Income Strategy ETF | 40.08% | 23.91% | 0.00% | 0.00% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 11.29% | 9.66% | 10.02% | 9.44% |
Drawdowns
GDXY vs. JEPQ - Drawdown Comparison
The maximum GDXY drawdown since its inception was -17.83%, smaller than the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for GDXY and JEPQ. For additional features, visit the drawdowns tool.
Volatility
GDXY vs. JEPQ - Volatility Comparison
The current volatility for YieldMax Gold Miners Option Income Strategy ETF (GDXY) is 13.23%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 14.72%. This indicates that GDXY 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.