JPM vs. JPMO
Compare and contrast key facts about JPMorgan Chase & Co. (JPM) and YieldMax JPM Option Income Strategy ETF (JPMO).
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: JPM or JPMO.
Key characteristics
| JPM | JPMO | |
|---|---|---|
| YTD Return | 42.64% | 14.40% |
| 1Y Return | 68.16% | 23.34% |
| Sharpe Ratio | 2.94 | 1.38 |
| Sortino Ratio | 3.75 | 1.80 |
| Omega Ratio | 1.59 | 1.30 |
| Calmar Ratio | 6.28 | 2.17 |
| Martin Ratio | 20.43 | 5.56 |
| Ulcer Index | 3.31% | 4.16% |
| Daily Std Dev | 23.04% | 16.75% |
| Max Drawdown | -74.02% | -10.64% |
| Current Drawdown | -4.08% | -2.68% |
Correlation
The correlation between JPM and JPMO 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
JPM vs. JPMO - Performance Comparison
In the year-to-date period, JPM achieves a 42.64% return, which is significantly higher than JPMO's 14.40% 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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Risk-Adjusted Performance
JPM vs. JPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and YieldMax JPM Option Income Strategy ETF (JPMO). 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
JPM vs. JPMO - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.94%, less than JPMO's 24.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.94% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% | 2.49% | 2.33% |
JPMO YieldMax JPM Option Income Strategy ETF
| 24.00% | 4.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JPM vs. JPMO - Drawdown Comparison
The maximum JPM drawdown since its inception was -74.02%, which is greater than JPMO's maximum drawdown of -10.64%. Use the drawdown chart below to compare losses from any high point for JPM and JPMO. For additional features, visit the drawdowns tool.
Volatility
JPM vs. JPMO - Volatility Comparison
JPMorgan Chase & Co. (JPM) has a higher volatility of 13.14% compared to YieldMax JPM Option Income Strategy ETF (JPMO) at 7.27%. This indicates that JPM's price experiences larger fluctuations and is considered to be riskier than JPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.