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HIGH vs. JEPQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

HIGH vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Enhanced Income ETF (HIGH) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
0.12%
9.78%
HIGH
JEPQ

Returns By Period

In the year-to-date period, HIGH achieves a 3.23% return, which is significantly lower than JEPQ's 23.21% return.


HIGH

YTD

3.23%

1M

1.15%

6M

0.12%

1Y

4.15%

5Y (annualized)

N/A

10Y (annualized)

N/A

JEPQ

YTD

23.21%

1M

3.95%

6M

9.78%

1Y

26.98%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


HIGHJEPQ
Sharpe Ratio1.232.19
Sortino Ratio1.642.86
Omega Ratio1.311.45
Calmar Ratio1.222.52
Martin Ratio3.4810.87
Ulcer Index1.19%2.48%
Daily Std Dev3.36%12.33%
Max Drawdown-3.39%-16.82%
Current Drawdown-0.63%-0.14%

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HIGH vs. JEPQ - Expense Ratio Comparison

HIGH has a 0.51% expense ratio, which is higher than JEPQ's 0.35% expense ratio.


HIGH
Simplify Enhanced Income ETF
Expense ratio chart for HIGH: current value at 0.51% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.51%
Expense ratio chart for JEPQ: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Correlation

-0.50.00.51.00.2

The correlation between HIGH and JEPQ is 0.25, 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.

Risk-Adjusted Performance

HIGH vs. JEPQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Enhanced Income ETF (HIGH) 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.


Sharpe ratio
The chart of Sharpe ratio for HIGH, currently valued at 1.23, compared to the broader market0.002.004.001.232.19
The chart of Sortino ratio for HIGH, currently valued at 1.64, compared to the broader market-2.000.002.004.006.008.0010.0012.001.642.86
The chart of Omega ratio for HIGH, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.001.311.45
The chart of Calmar ratio for HIGH, currently valued at 1.22, compared to the broader market0.005.0010.0015.0020.001.222.52
The chart of Martin ratio for HIGH, currently valued at 3.48, compared to the broader market0.0020.0040.0060.0080.00100.003.4810.87
HIGH
JEPQ

The current HIGH Sharpe Ratio is 1.23, which is lower than the JEPQ Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of HIGH and JEPQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
1.23
2.19
HIGH
JEPQ

Dividends

HIGH vs. JEPQ - Dividend Comparison

HIGH's dividend yield for the trailing twelve months is around 8.78%, less than JEPQ's 9.36% yield.


TTM20232022
HIGH
Simplify Enhanced Income ETF
8.78%9.39%0.62%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
9.36%10.02%9.44%

Drawdowns

HIGH vs. JEPQ - Drawdown Comparison

The maximum HIGH drawdown since its inception was -3.39%, smaller than the maximum JEPQ drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for HIGH and JEPQ. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.63%
-0.14%
HIGH
JEPQ

Volatility

HIGH vs. JEPQ - Volatility Comparison

The current volatility for Simplify Enhanced Income ETF (HIGH) is 1.09%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.69%. This indicates that HIGH 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.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
1.09%
3.69%
HIGH
JEPQ