JPMO vs. AMZY
Compare and contrast key facts about YieldMax JPM Option Income Strategy ETF (JPMO) and YieldMax AMZN Option Income Strategy ETF (AMZY).
JPMO and AMZY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPMO is an actively managed fund by YieldMax. It was launched on Sep 11, 2023. AMZY is an actively managed fund by YieldMax. It was launched on Jul 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPMO or AMZY.
Key characteristics
| JPMO | AMZY | |
|---|---|---|
| YTD Return | 14.40% | 32.48% |
| 1Y Return | 23.34% | 41.49% |
| Sharpe Ratio | 1.38 | 1.88 |
| Sortino Ratio | 1.80 | 2.56 |
| Omega Ratio | 1.30 | 1.36 |
| Calmar Ratio | 2.17 | 2.52 |
| Martin Ratio | 5.56 | 8.26 |
| Ulcer Index | 4.16% | 5.01% |
| Daily Std Dev | 16.75% | 22.09% |
| Max Drawdown | -10.64% | -16.41% |
| Current Drawdown | -2.68% | -0.78% |
Correlation
The correlation between JPMO and AMZY is 0.21, 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
JPMO vs. AMZY - Performance Comparison
In the year-to-date period, JPMO achieves a 14.40% return, which is significantly lower than AMZY's 32.48% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JPMO vs. AMZY - Expense Ratio Comparison
JPMO has a 1.01% expense ratio, which is higher than AMZY's 0.99% expense ratio.
Risk-Adjusted Performance
JPMO vs. AMZY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax JPM Option Income Strategy ETF (JPMO) and YieldMax AMZN Option Income Strategy ETF (AMZY). 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
JPMO vs. AMZY - Dividend Comparison
JPMO's dividend yield for the trailing twelve months is around 24.00%, less than AMZY's 36.39% yield.
| TTM | 2023 | |
|---|---|---|
JPMO YieldMax JPM Option Income Strategy ETF
| 24.00% | 4.85% |
AMZY YieldMax AMZN Option Income Strategy ETF | 36.39% | 9.90% |
Drawdowns
JPMO vs. AMZY - Drawdown Comparison
The maximum JPMO drawdown since its inception was -10.64%, smaller than the maximum AMZY drawdown of -16.41%. Use the drawdown chart below to compare losses from any high point for JPMO and AMZY. For additional features, visit the drawdowns tool.
Volatility
JPMO vs. AMZY - Volatility Comparison
YieldMax JPM Option Income Strategy ETF (JPMO) and YieldMax AMZN Option Income Strategy ETF (AMZY) have volatilities of 7.27% and 7.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.