KBWD vs. JEPI
Compare and contrast key facts about Invesco KBW High Dividend Yield Financial ETF (KBWD) and JPMorgan Equity Premium Income ETF (JEPI).
KBWD and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KBWD is a passively managed fund by Invesco that tracks the performance of the KBW Nasdaq Financial Sector Dividend Yield Index. It was launched on Dec 2, 2010. JEPI is an actively managed fund by JPMorgan Chase. It was launched on May 20, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KBWD or JEPI.
Performance
KBWD vs. JEPI - Performance Comparison
Returns By Period
In the year-to-date period, KBWD achieves a 6.73% return, which is significantly lower than JEPI's 14.71% return.
KBWD
6.73%
0.62%
3.83%
16.49%
3.73%
4.33%
JEPI
14.71%
-0.18%
7.76%
17.98%
N/A
N/A
Key characteristics
| KBWD | JEPI | |
|---|---|---|
| Sharpe Ratio | 1.00 | 2.55 |
| Sortino Ratio | 1.41 | 3.54 |
| Omega Ratio | 1.18 | 1.50 |
| Calmar Ratio | 1.09 | 4.65 |
| Martin Ratio | 4.05 | 18.00 |
| Ulcer Index | 4.21% | 1.00% |
| Daily Std Dev | 16.99% | 7.05% |
| Max Drawdown | -58.63% | -13.71% |
| Current Drawdown | -2.10% | -1.12% |
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KBWD vs. JEPI - Expense Ratio Comparison
KBWD has a 1.24% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Correlation
The correlation between KBWD and JEPI is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
KBWD vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco KBW High Dividend Yield Financial ETF (KBWD) and JPMorgan Equity Premium Income ETF (JEPI). 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
KBWD vs. JEPI - Dividend Comparison
KBWD's dividend yield for the trailing twelve months is around 12.02%, more than JEPI's 7.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWD Invesco KBW High Dividend Yield Financial ETF | 12.02% | 11.46% | 11.31% | 7.27% | 9.66% | 8.64% | 9.47% | 8.78% | 8.68% | 8.89% | 8.31% | 7.68% |
JEPI JPMorgan Equity Premium Income ETF | 7.13% | 8.40% | 11.67% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KBWD vs. JEPI - Drawdown Comparison
The maximum KBWD drawdown since its inception was -58.63%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for KBWD and JEPI. For additional features, visit the drawdowns tool.
Volatility
KBWD vs. JEPI - Volatility Comparison
Invesco KBW High Dividend Yield Financial ETF (KBWD) has a higher volatility of 4.69% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.14%. This indicates that KBWD's price experiences larger fluctuations and is considered to be riskier than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.