JPMO vs. MSFO
Compare and contrast key facts about YieldMax JPM Option Income Strategy ETF (JPMO) and YieldMax MSFT Option Income Strategy ETF (MSFO).
JPMO and MSFO 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. MSFO is an actively managed fund by YieldMax. It was launched on Aug 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPMO or MSFO.
Key characteristics
| JPMO | MSFO | |
|---|---|---|
| YTD Return | 14.40% | 11.83% |
| 1Y Return | 23.34% | 18.70% |
| Sharpe Ratio | 1.38 | 1.17 |
| Sortino Ratio | 1.80 | 1.54 |
| Omega Ratio | 1.30 | 1.22 |
| Calmar Ratio | 2.17 | 1.40 |
| Martin Ratio | 5.56 | 3.85 |
| Ulcer Index | 4.16% | 4.78% |
| Daily Std Dev | 16.75% | 15.72% |
| Max Drawdown | -10.64% | -13.17% |
| Current Drawdown | -2.68% | -6.52% |
Correlation
The correlation between JPMO and MSFO is 0.23, 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. MSFO - Performance Comparison
In the year-to-date period, JPMO achieves a 14.40% return, which is significantly higher than MSFO's 11.83% return. 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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JPMO vs. MSFO - Expense Ratio Comparison
JPMO has a 1.01% expense ratio, which is higher than MSFO's 0.99% expense ratio.
Risk-Adjusted Performance
JPMO vs. MSFO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax JPM Option Income Strategy ETF (JPMO) and YieldMax MSFT Option Income Strategy ETF (MSFO). 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. MSFO - Dividend Comparison
JPMO's dividend yield for the trailing twelve months is around 24.00%, less than MSFO's 32.34% yield.
| TTM | 2023 | |
|---|---|---|
JPMO YieldMax JPM Option Income Strategy ETF
| 24.00% | 4.85% |
MSFO YieldMax MSFT Option Income Strategy ETF
| 32.34% | 6.44% |
Drawdowns
JPMO vs. MSFO - Drawdown Comparison
The maximum JPMO drawdown since its inception was -10.64%, smaller than the maximum MSFO drawdown of -13.17%. Use the drawdown chart below to compare losses from any high point for JPMO and MSFO. For additional features, visit the drawdowns tool.
Volatility
JPMO vs. MSFO - Volatility Comparison
YieldMax JPM Option Income Strategy ETF (JPMO) has a higher volatility of 7.27% compared to YieldMax MSFT Option Income Strategy ETF (MSFO) at 6.01%. This indicates that JPMO's price experiences larger fluctuations and is considered to be riskier than MSFO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.