HLIEX vs. JEPI
Compare and contrast key facts about JPMorgan Equity Income Fund (HLIEX) and JPMorgan Equity Premium Income ETF (JEPI).
HLIEX is managed by JPMorgan Chase. It was launched on Jul 2, 1987. 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: HLIEX or JEPI.
Key characteristics
| HLIEX | JEPI | |
|---|---|---|
| YTD Return | 18.84% | 15.89% |
| 1Y Return | 26.24% | 19.32% |
| 3Y Return (Ann) | 5.78% | 8.31% |
| Sharpe Ratio | 2.75 | 2.89 |
| Sortino Ratio | 3.89 | 4.02 |
| Omega Ratio | 1.51 | 1.58 |
| Calmar Ratio | 3.84 | 5.23 |
| Martin Ratio | 17.86 | 20.45 |
| Ulcer Index | 1.59% | 0.99% |
| Daily Std Dev | 10.31% | 7.00% |
| Max Drawdown | -75.13% | -13.71% |
| Current Drawdown | -0.63% | -0.10% |
Correlation
The correlation between HLIEX and JEPI is 0.83, 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.
Performance
HLIEX vs. JEPI - Performance Comparison
In the year-to-date period, HLIEX achieves a 18.84% return, which is significantly higher than JEPI's 15.89% 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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HLIEX vs. JEPI - Expense Ratio Comparison
HLIEX has a 0.70% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
HLIEX vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Income Fund (HLIEX) 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
HLIEX vs. JEPI - Dividend Comparison
HLIEX's dividend yield for the trailing twelve months is around 1.75%, less than JEPI's 7.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLIEX JPMorgan Equity Income Fund | 1.75% | 2.06% | 1.96% | 1.51% | 1.82% | 1.79% | 2.20% | 1.60% | 1.85% | 1.97% | 1.93% | 1.83% |
JEPI JPMorgan Equity Premium Income ETF | 7.06% | 8.40% | 11.67% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HLIEX vs. JEPI - Drawdown Comparison
The maximum HLIEX drawdown since its inception was -75.13%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for HLIEX and JEPI. For additional features, visit the drawdowns tool.
Volatility
HLIEX vs. JEPI - Volatility Comparison
JPMorgan Equity Income Fund (HLIEX) has a higher volatility of 3.87% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.95%. This indicates that HLIEX'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.