JPMO vs. JPM
Compare and contrast key facts about YieldMax JPM Option Income Strategy ETF (JPMO) and JPMorgan Chase & Co. (JPM).
JPMO is an actively managed fund by YieldMax. It was launched on Sep 11, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPMO or JPM.
Key characteristics
| JPMO | JPM | |
|---|---|---|
| YTD Return | 14.89% | 44.20% |
| 1Y Return | 23.48% | 68.25% |
| Sharpe Ratio | 1.40 | 2.93 |
| Sortino Ratio | 1.82 | 3.74 |
| Omega Ratio | 1.31 | 1.59 |
| Calmar Ratio | 2.20 | 6.66 |
| Martin Ratio | 5.64 | 20.31 |
| Ulcer Index | 4.16% | 3.32% |
| Daily Std Dev | 16.75% | 23.01% |
| Max Drawdown | -10.64% | -74.02% |
| Current Drawdown | -2.26% | -3.04% |
Correlation
The correlation between JPMO and JPM is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JPMO vs. JPM - Performance Comparison
In the year-to-date period, JPMO achieves a 14.89% return, which is significantly lower than JPM's 44.20% 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.
Risk-Adjusted Performance
JPMO vs. JPM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax JPM Option Income Strategy ETF (JPMO) and JPMorgan Chase & Co. (JPM). 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. JPM - Dividend Comparison
JPMO's dividend yield for the trailing twelve months is around 23.90%, more than JPM's 1.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPMO YieldMax JPM Option Income Strategy ETF
| 23.90% | 4.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPM JPMorgan Chase & Co. | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% | 2.49% | 2.33% |
Drawdowns
JPMO vs. JPM - Drawdown Comparison
The maximum JPMO drawdown since its inception was -10.64%, smaller than the maximum JPM drawdown of -74.02%. Use the drawdown chart below to compare losses from any high point for JPMO and JPM. For additional features, visit the drawdowns tool.
Volatility
JPMO vs. JPM - Volatility Comparison
The current volatility for YieldMax JPM Option Income Strategy ETF (JPMO) is 7.19%, while JPMorgan Chase & Co. (JPM) has a volatility of 12.51%. This indicates that JPMO experiences smaller price fluctuations and is considered to be less risky than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.