IDVO vs. JEPQ
Compare and contrast key facts about Amplify International Enhanced Dividend Income ETF (IDVO) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
IDVO and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDVO is an actively managed fund by Amplify Investments. It was launched on Sep 8, 2022. JEPQ is an actively managed fund by JPMorgan Chase. It was launched on May 3, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDVO or JEPQ.
Key characteristics
| IDVO | JEPQ | |
|---|---|---|
| YTD Return | 12.82% | 11.64% |
| 1Y Return | 26.76% | 29.09% |
| Sharpe Ratio | 1.96 | 2.66 |
| Daily Std Dev | 13.14% | 11.01% |
| Max Drawdown | -11.00% | -16.82% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between IDVO and JEPQ is 0.62, 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
IDVO vs. JEPQ - Performance Comparison
In the year-to-date period, IDVO achieves a 12.82% return, which is significantly higher than JEPQ's 11.64% 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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IDVO vs. JEPQ - Expense Ratio Comparison
IDVO has a 0.65% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
IDVO vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify International Enhanced Dividend Income ETF (IDVO) 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.
Dividends
IDVO vs. JEPQ - Dividend Comparison
IDVO's dividend yield for the trailing twelve months is around 5.34%, less than JEPQ's 8.82% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
IDVO Amplify International Enhanced Dividend Income ETF | 5.34% | 5.72% | 1.96% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 8.82% | 10.02% | 9.44% |
Drawdowns
IDVO vs. JEPQ - Drawdown Comparison
The maximum IDVO drawdown since its inception was -11.00%, smaller than the maximum JEPQ drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for IDVO and JEPQ. For additional features, visit the drawdowns tool.
Volatility
IDVO vs. JEPQ - Volatility Comparison
The current volatility for Amplify International Enhanced Dividend Income ETF (IDVO) is 3.53%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 4.46%. This indicates that IDVO 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.