JEGA.AX vs. ZYAU.AX
JEGA.AX (JPMorgan Global Equity Premium Income Complex ETF) and ZYAU.AX (Global X S&P/ASX 200 High Dividend ETF) are both Dividend funds. JEGA.AX is actively managed, while ZYAU.AX is passively managed. Over the past year, JEGA.AX returned -5.03% vs 16.88% for ZYAU.AX. At a 0.14 correlation, their price movements are largely independent.
Performance
JEGA.AX vs. ZYAU.AX - Performance Comparison
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Returns By Period
In the year-to-date period, JEGA.AX achieves a -5.60% return, which is significantly lower than ZYAU.AX's 7.50% return.
JEGA.AX
- 1D
- 0.49%
- 1M
- 2.12%
- 6M
- -4.93%
- YTD
- -5.60%
- 1Y
- -5.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ZYAU.AX
- 1D
- -0.20%
- 1M
- -1.11%
- 6M
- 7.39%
- YTD
- 7.50%
- 1Y
- 16.88%
- 3Y*
- 14.70%
- 5Y*
- 7.88%
- 10Y*
- 8.55%
JEGA.AX vs. ZYAU.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JEGA.AX JPMorgan Global Equity Premium Income Complex ETF | -5.60% | 2.55% | 6.18% |
ZYAU.AX Global X S&P/ASX 200 High Dividend ETF | 7.50% | 16.65% | 2.10% |
Correlation
The correlation between JEGA.AX and ZYAU.AX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024 | 0.14 |
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Return for Risk
JEGA.AX vs. ZYAU.AX — Risk / Return Rank
JEGA.AX
ZYAU.AX
JEGA.AX vs. ZYAU.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Equity Premium Income Complex ETF (JEGA.AX) and Global X S&P/ASX 200 High Dividend ETF (ZYAU.AX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JEGA.AX | ZYAU.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.90 | ||
| Sortino ratioReturn per unit of downside risk | -2.63 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.26 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | 3.19 | -3.49 |
| Martin ratioReturn relative to average drawdown | -0.63 | 7.10 | -7.74 |
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Drawdowns
JEGA.AX vs. ZYAU.AX - Drawdown Comparison
The maximum JEGA.AX drawdown since its inception was -17.60%, smaller than the maximum ZYAU.AX drawdown of -41.40%. Use the drawdown chart below to compare losses from any high point for JEGA.AX and ZYAU.AX.
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Drawdown Indicators
| JEGA.AX | ZYAU.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.60% | -41.40% | +23.80% |
Max Drawdown (1Y)Largest decline over 1 year | -14.83% | -5.27% | -9.56% |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.67% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.40% | — |
Current DrawdownCurrent decline from peak | -11.87% | -2.51% | -9.36% |
Average DrawdownAverage peak-to-trough decline | -5.75% | -5.83% | +0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.17% | 2.41% | +4.76% |
Volatility
JEGA.AX vs. ZYAU.AX - Volatility Comparison
JPMorgan Global Equity Premium Income Complex ETF (JEGA.AX) has a higher volatility of 3.82% compared to Global X S&P/ASX 200 High Dividend ETF (ZYAU.AX) at 1.94%. This indicates that JEGA.AX's price experiences larger fluctuations and is considered to be riskier than ZYAU.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEGA.AX | ZYAU.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 1.94% | +1.88% |
Volatility (6M)Calculated over the trailing 6-month period | 8.46% | 8.48% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.36% | 11.24% | +0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.08% | 13.54% | -0.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.08% | 15.32% | -2.24% |
Dividends
JEGA.AX vs. ZYAU.AX - Dividend Comparison
JEGA.AX's dividend yield for the trailing twelve months is around 5.20%, more than ZYAU.AX's 4.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEGA.AX JPMorgan Global Equity Premium Income Complex ETF | 5.20% | 6.92% | 2.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZYAU.AX Global X S&P/ASX 200 High Dividend ETF | 4.28% | 4.22% | 7.82% | 11.01% | 9.36% | 6.73% | 4.68% | 6.38% | 9.89% | 15.54% | 5.13% | 2.66% |
Frequently Asked Questions
JEGA.AX and ZYAU.AX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: JPMorgan and Global X.
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