Correlation
The correlation between GIPIX and JEPI is 0.81, 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.
GIPIX vs. JEPI
Compare and contrast key facts about Goldman Sachs Balanced Strategy Portfolio (GIPIX) and JPMorgan Equity Premium Income ETF (JEPI).
GIPIX is managed by Goldman Sachs. It was launched on Jan 1, 1998. 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: GIPIX or JEPI.
Performance
GIPIX vs. JEPI - Performance Comparison
Loading data...
Key characteristics
GIPIX:
0.92
JEPI:
0.56
GIPIX:
1.20
JEPI:
0.81
GIPIX:
1.17
JEPI:
1.13
GIPIX:
0.88
JEPI:
0.54
GIPIX:
3.65
JEPI:
2.23
GIPIX:
1.98%
JEPI:
3.19%
GIPIX:
8.63%
JEPI:
13.82%
GIPIX:
-29.51%
JEPI:
-13.71%
GIPIX:
-0.46%
JEPI:
-4.02%
Returns By Period
In the year-to-date period, GIPIX achieves a 2.33% return, which is significantly higher than JEPI's 0.17% return.
GIPIX
2.33%
2.09%
0.26%
7.31%
5.72%
5.61%
4.80%
JEPI
0.17%
1.80%
-3.98%
6.67%
8.01%
10.94%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GIPIX vs. JEPI - Expense Ratio Comparison
GIPIX has a 0.19% expense ratio, which is lower than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
GIPIX vs. JEPI — Risk-Adjusted Performance Rank
GIPIX
JEPI
GIPIX vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Balanced Strategy Portfolio (GIPIX) 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.
Loading data...
Dividends
GIPIX vs. JEPI - Dividend Comparison
GIPIX's dividend yield for the trailing twelve months is around 4.48%, less than JEPI's 8.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIPIX Goldman Sachs Balanced Strategy Portfolio | 4.48% | 4.06% | 2.12% | 5.45% | 6.37% | 2.25% | 2.51% | 4.70% | 4.51% | 1.46% | 5.64% | 3.47% |
JEPI JPMorgan Equity Premium Income ETF | 8.01% | 7.33% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GIPIX vs. JEPI - Drawdown Comparison
The maximum GIPIX drawdown since its inception was -29.51%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for GIPIX and JEPI.
Loading data...
Volatility
GIPIX vs. JEPI - Volatility Comparison
The current volatility for Goldman Sachs Balanced Strategy Portfolio (GIPIX) is 1.79%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 2.29%. This indicates that GIPIX 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.
Loading data...