Correlation
The correlation between JPDIX and JPIE is 0.35, 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.
JPDIX vs. JPIE
Compare and contrast key facts about JPMorgan Preferred and Income Securities Fund (JPDIX) and JPMorgan Income ETF (JPIE).
JPDIX is managed by JPMorgan. It was launched on Mar 30, 2022. JPIE is an actively managed fund by JPMorgan. It was launched on Oct 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPDIX or JPIE.
Performance
JPDIX vs. JPIE - Performance Comparison
Loading data...
Key characteristics
JPDIX:
2.41
JPIE:
3.37
JPDIX:
3.14
JPIE:
4.54
JPDIX:
1.56
JPIE:
1.84
JPDIX:
2.25
JPIE:
4.61
JPDIX:
10.25
JPIE:
21.25
JPDIX:
0.76%
JPIE:
0.37%
JPDIX:
3.42%
JPIE:
2.40%
JPDIX:
-13.59%
JPIE:
-9.96%
JPDIX:
0.00%
JPIE:
0.00%
Returns By Period
In the year-to-date period, JPDIX achieves a 1.63% return, which is significantly lower than JPIE's 2.85% return.
JPDIX
1.63%
1.16%
2.07%
7.82%
5.92%
N/A
N/A
JPIE
2.85%
0.66%
3.12%
7.65%
4.79%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JPDIX vs. JPIE - Expense Ratio Comparison
JPDIX has a 0.59% expense ratio, which is higher than JPIE's 0.41% expense ratio.
Risk-Adjusted Performance
JPDIX vs. JPIE — Risk-Adjusted Performance Rank
JPDIX
JPIE
JPDIX vs. JPIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Preferred and Income Securities Fund (JPDIX) and JPMorgan Income ETF (JPIE). 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.
Loading data...
Dividends
JPDIX vs. JPIE - Dividend Comparison
JPDIX's dividend yield for the trailing twelve months is around 5.11%, less than JPIE's 5.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
JPDIX JPMorgan Preferred and Income Securities Fund | 5.11% | 5.42% | 5.27% | 3.35% | 0.00% |
JPIE JPMorgan Income ETF | 5.92% | 6.11% | 5.70% | 4.49% | 0.63% |
Drawdowns
JPDIX vs. JPIE - Drawdown Comparison
The maximum JPDIX drawdown since its inception was -13.59%, which is greater than JPIE's maximum drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for JPDIX and JPIE.
Loading data...
Volatility
JPDIX vs. JPIE - Volatility Comparison
JPMorgan Preferred and Income Securities Fund (JPDIX) has a higher volatility of 0.67% compared to JPMorgan Income ETF (JPIE) at 0.53%. This indicates that JPDIX's price experiences larger fluctuations and is considered to be riskier than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...