JEPIX vs. RYLD
Compare and contrast key facts about JPMorgan Equity Premium Income Fund Class I (JEPIX) and Global X Russell 2000 Covered Call ETF (RYLD).
JEPIX is managed by JPMorgan Chase. It was launched on Aug 31, 2018. RYLD is a passively managed fund by Global X that tracks the performance of the CBOE Russell 2000 BuyWrite Index. It was launched on Apr 17, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JEPIX or RYLD.
Key characteristics
| JEPIX | RYLD | |
|---|---|---|
| YTD Return | 16.29% | 10.90% |
| 1Y Return | 21.10% | 15.13% |
| 3Y Return (Ann) | 8.16% | -2.01% |
| 5Y Return (Ann) | 10.01% | 3.72% |
| Sharpe Ratio | 2.95 | 1.57 |
| Sortino Ratio | 4.26 | 2.24 |
| Omega Ratio | 1.61 | 1.31 |
| Calmar Ratio | 5.41 | 0.86 |
| Martin Ratio | 19.92 | 9.32 |
| Ulcer Index | 1.06% | 1.69% |
| Daily Std Dev | 7.15% | 10.08% |
| Max Drawdown | -32.63% | -41.53% |
| Current Drawdown | 0.00% | -6.04% |
Correlation
The correlation between JEPIX and RYLD is 0.64, 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. RYLD - Performance Comparison
In the year-to-date period, JEPIX achieves a 16.29% return, which is significantly higher than RYLD's 10.90% 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. RYLD - Expense Ratio Comparison
JEPIX has a 0.63% expense ratio, which is higher than RYLD's 0.60% expense ratio.
Risk-Adjusted Performance
JEPIX vs. RYLD - 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 Russell 2000 Covered Call ETF (RYLD). 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. RYLD - Dividend Comparison
JEPIX's dividend yield for the trailing twelve months is around 6.88%, less than RYLD's 11.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
JEPIX JPMorgan Equity Premium Income Fund Class I | 6.88% | 8.43% | 12.24% | 7.58% | 11.59% | 7.71% |
RYLD Global X Russell 2000 Covered Call ETF | 11.73% | 12.65% | 13.50% | 12.35% | 10.77% | 6.44% |
Drawdowns
JEPIX vs. RYLD - Drawdown Comparison
The maximum JEPIX drawdown since its inception was -32.63%, smaller than the maximum RYLD drawdown of -41.53%. Use the drawdown chart below to compare losses from any high point for JEPIX and RYLD. For additional features, visit the drawdowns tool.
Volatility
JEPIX vs. RYLD - Volatility Comparison
The current volatility for JPMorgan Equity Premium Income Fund Class I (JEPIX) is 1.87%, while Global X Russell 2000 Covered Call ETF (RYLD) has a volatility of 3.44%. This indicates that JEPIX experiences smaller price fluctuations and is considered to be less risky than RYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.