HDAW vs. JEPI
Compare and contrast key facts about Xtrackers MSCI All World ex US High Dividend Yield Equity ETF (HDAW) and JPMorgan Equity Premium Income ETF (JEPI).
HDAW and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDAW is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI ACWI ex USA High Dividend Yield US Dollar Hedged Index. It was launched on Aug 12, 2015. 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: HDAW or JEPI.
Key characteristics
| HDAW | JEPI | |
|---|---|---|
| YTD Return | 4.78% | 6.15% |
| 1Y Return | 14.23% | 12.65% |
| 3Y Return (Ann) | 4.21% | 7.55% |
| Sharpe Ratio | 1.06 | 1.77 |
| Daily Std Dev | 11.99% | 7.20% |
| Max Drawdown | -37.31% | -13.71% |
| Current Drawdown | 0.00% | -0.20% |
Correlation
The correlation between HDAW and JEPI is 0.56, 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
HDAW vs. JEPI - Performance Comparison
In the year-to-date period, HDAW achieves a 4.78% return, which is significantly lower than JEPI's 6.15% 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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HDAW vs. JEPI - Expense Ratio Comparison
HDAW has a 0.20% expense ratio, which is lower than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
HDAW vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI All World ex US High Dividend Yield Equity ETF (HDAW) 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
HDAW vs. JEPI - Dividend Comparison
HDAW's dividend yield for the trailing twelve months is around 4.98%, less than JEPI's 7.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ETF | 4.98% | 4.85% | 7.00% | 4.84% | 4.27% | 3.95% | 4.02% | 4.09% | 2.57% | 1.07% |
JEPI JPMorgan Equity Premium Income ETF | 7.30% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HDAW vs. JEPI - Drawdown Comparison
The maximum HDAW drawdown since its inception was -37.31%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for HDAW and JEPI. For additional features, visit the drawdowns tool.
Volatility
HDAW vs. JEPI - Volatility Comparison
Xtrackers MSCI All World ex US High Dividend Yield Equity ETF (HDAW) has a higher volatility of 3.04% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.24%. This indicates that HDAW'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.