JEPQ vs. DIVO
Compare and contrast key facts about JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
JEPQ and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JEPQ is an actively managed fund by JPMorgan Chase. It was launched on May 3, 2022. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JEPQ or DIVO.
Performance
JEPQ vs. DIVO - Performance Comparison
Returns By Period
In the year-to-date period, JEPQ achieves a 23.21% return, which is significantly higher than DIVO's 20.64% return.
JEPQ
23.21%
3.95%
9.78%
26.98%
N/A
N/A
DIVO
20.64%
3.46%
12.12%
25.39%
12.38%
N/A
Key characteristics
| JEPQ | DIVO | |
|---|---|---|
| Sharpe Ratio | 2.19 | 2.93 |
| Sortino Ratio | 2.86 | 4.24 |
| Omega Ratio | 1.45 | 1.55 |
| Calmar Ratio | 2.52 | 4.72 |
| Martin Ratio | 10.87 | 18.95 |
| Ulcer Index | 2.48% | 1.36% |
| Daily Std Dev | 12.33% | 8.83% |
| Max Drawdown | -16.82% | -30.04% |
| Current Drawdown | -0.14% | 0.00% |
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JEPQ vs. DIVO - Expense Ratio Comparison
JEPQ has a 0.35% expense ratio, which is lower than DIVO's 0.55% expense ratio.
Correlation
The correlation between JEPQ and DIVO is 0.65, 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.
Risk-Adjusted Performance
JEPQ vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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
JEPQ vs. DIVO - Dividend Comparison
JEPQ's dividend yield for the trailing twelve months is around 9.36%, more than DIVO's 4.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.36% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.37% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% |
Drawdowns
JEPQ vs. DIVO - Drawdown Comparison
The maximum JEPQ drawdown since its inception was -16.82%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for JEPQ and DIVO. For additional features, visit the drawdowns tool.
Volatility
JEPQ vs. DIVO - Volatility Comparison
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a higher volatility of 3.69% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 3.37%. This indicates that JEPQ's price experiences larger fluctuations and is considered to be riskier than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.