JEPIX vs. QYLD
Compare and contrast key facts about JPMorgan Equity Premium Income Fund Class I (JEPIX) and Global X NASDAQ 100 Covered Call ETF (QYLD).
JEPIX is managed by JPMorgan Chase. It was launched on Aug 31, 2018. QYLD is a passively managed fund by Global X that tracks the performance of the CBOE NASDAQ-100 Buy Write V2. It was launched on Dec 12, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JEPIX or QYLD.
Key characteristics
| JEPIX | QYLD | |
|---|---|---|
| YTD Return | 16.21% | 18.06% |
| 1Y Return | 21.02% | 22.66% |
| 3Y Return (Ann) | 8.30% | 5.37% |
| 5Y Return (Ann) | 10.03% | 7.67% |
| Sharpe Ratio | 2.94 | 2.26 |
| Sortino Ratio | 4.25 | 3.10 |
| Omega Ratio | 1.61 | 1.55 |
| Calmar Ratio | 5.39 | 2.93 |
| Martin Ratio | 19.84 | 16.14 |
| Ulcer Index | 1.06% | 1.41% |
| Daily Std Dev | 7.17% | 10.05% |
| Max Drawdown | -32.63% | -24.89% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between JEPIX and QYLD is 0.60, 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
JEPIX vs. QYLD - Performance Comparison
In the year-to-date period, JEPIX achieves a 16.21% return, which is significantly lower than QYLD's 18.06% 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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JEPIX vs. QYLD - Expense Ratio Comparison
JEPIX has a 0.63% expense ratio, which is higher than QYLD's 0.60% expense ratio.
Risk-Adjusted Performance
JEPIX vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income Fund Class I (JEPIX) and Global X NASDAQ 100 Covered Call ETF (QYLD). 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
JEPIX vs. QYLD - Dividend Comparison
JEPIX's dividend yield for the trailing twelve months is around 6.89%, less than QYLD's 11.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JEPIX JPMorgan Equity Premium Income Fund Class I | 6.89% | 8.43% | 12.24% | 7.58% | 11.59% | 7.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.25% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
JEPIX vs. QYLD - Drawdown Comparison
The maximum JEPIX drawdown since its inception was -32.63%, which is greater than QYLD's maximum drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for JEPIX and QYLD. For additional features, visit the drawdowns tool.
Volatility
JEPIX vs. QYLD - Volatility Comparison
The current volatility for JPMorgan Equity Premium Income Fund Class I (JEPIX) is 1.91%, while Global X NASDAQ 100 Covered Call ETF (QYLD) has a volatility of 2.54%. This indicates that JEPIX experiences smaller price fluctuations and is considered to be less risky than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.