HEZU vs. JEPI
Compare and contrast key facts about iShares Currency Hedged MSCI Eurozone ETF (HEZU) and JPMorgan Equity Premium Income ETF (JEPI).
HEZU and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEZU is a passively managed fund by iShares that tracks the performance of the MSCI EMU 100% USD Hedged Index. It was launched on Jul 9, 2014. 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: HEZU or JEPI.
Key characteristics
| HEZU | JEPI | |
|---|---|---|
| YTD Return | 9.44% | 12.82% |
| 1Y Return | 19.26% | 17.49% |
| 3Y Return (Ann) | 6.33% | 7.61% |
| Sharpe Ratio | 1.60 | 2.59 |
| Sortino Ratio | 2.21 | 3.59 |
| Omega Ratio | 1.28 | 1.51 |
| Calmar Ratio | 2.01 | 4.66 |
| Martin Ratio | 7.37 | 18.25 |
| Ulcer Index | 2.63% | 0.99% |
| Daily Std Dev | 12.11% | 6.95% |
| Max Drawdown | -38.80% | -13.71% |
| Current Drawdown | -3.75% | -1.83% |
Correlation
The correlation between HEZU and JEPI is 0.66, 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
HEZU vs. JEPI - Performance Comparison
In the year-to-date period, HEZU achieves a 9.44% return, which is significantly lower than JEPI's 12.82% 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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HEZU vs. JEPI - Expense Ratio Comparison
HEZU has a 0.52% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
HEZU vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI Eurozone ETF (HEZU) 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
HEZU vs. JEPI - Dividend Comparison
HEZU's dividend yield for the trailing twelve months is around 2.81%, less than JEPI's 7.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
HEZU iShares Currency Hedged MSCI Eurozone ETF | 2.81% | 2.52% | 23.26% | 2.25% | 2.32% | 5.40% | 3.48% | 1.92% | 3.11% | 2.68% | 1.15% |
JEPI JPMorgan Equity Premium Income ETF | 7.25% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HEZU vs. JEPI - Drawdown Comparison
The maximum HEZU drawdown since its inception was -38.80%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for HEZU and JEPI. For additional features, visit the drawdowns tool.
Volatility
HEZU vs. JEPI - Volatility Comparison
iShares Currency Hedged MSCI Eurozone ETF (HEZU) has a higher volatility of 3.64% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.54%. This indicates that HEZU'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.