JGPI.DE vs. XYLD
Compare and contrast key facts about JPMorgan Global Equity Premium Income UCITS ETF (JGPI.DE) and Global X S&P 500 Covered Call ETF (XYLD).
JGPI.DE and XYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JGPI.DE is an actively managed fund by JPMorgan. It was launched on Nov 30, 2023. XYLD is a passively managed fund by Global X that tracks the performance of the CBOE S&P 500 2% OTM BuyWrite Index. It was launched on Jun 24, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JGPI.DE or XYLD.
Key characteristics
| JGPI.DE | XYLD | |
|---|---|---|
| YTD Return | 16.17% | 15.98% |
| Daily Std Dev | 7.44% | 6.88% |
| Max Drawdown | -2.98% | -33.46% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between JGPI.DE and XYLD is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JGPI.DE vs. XYLD - Performance Comparison
The year-to-date returns for both stocks are quite close, with JGPI.DE having a 16.17% return and XYLD slightly lower at 15.98%. 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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JGPI.DE vs. XYLD - Expense Ratio Comparison
JGPI.DE has a 0.35% expense ratio, which is lower than XYLD's 0.60% expense ratio.
Risk-Adjusted Performance
JGPI.DE vs. XYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Equity Premium Income UCITS ETF (JGPI.DE) and Global X S&P 500 Covered Call ETF (XYLD). 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.
Not enough dataDividends
JGPI.DE vs. XYLD - Dividend Comparison
JGPI.DE's dividend yield for the trailing twelve months is around 4.89%, less than XYLD's 9.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JGPI.DE JPMorgan Global Equity Premium Income UCITS ETF | 4.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XYLD Global X S&P 500 Covered Call ETF | 9.09% | 10.51% | 13.44% | 9.08% | 7.93% | 5.76% | 7.12% | 4.67% | 3.24% | 4.65% | 4.15% | 2.49% |
Drawdowns
JGPI.DE vs. XYLD - Drawdown Comparison
The maximum JGPI.DE drawdown since its inception was -2.98%, smaller than the maximum XYLD drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for JGPI.DE and XYLD. For additional features, visit the drawdowns tool.
Volatility
JGPI.DE vs. XYLD - Volatility Comparison
JPMorgan Global Equity Premium Income UCITS ETF (JGPI.DE) has a higher volatility of 2.70% compared to Global X S&P 500 Covered Call ETF (XYLD) at 2.34%. This indicates that JGPI.DE's price experiences larger fluctuations and is considered to be riskier than XYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.