KRP vs. JEPI
Compare and contrast key facts about Kimbell Royalty Partners, LP (KRP) and JPMorgan Equity Premium Income ETF (JEPI).
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: KRP or JEPI.
Key characteristics
| KRP | JEPI | |
|---|---|---|
| YTD Return | 18.06% | 15.89% |
| 1Y Return | 12.10% | 19.32% |
| 3Y Return (Ann) | 16.91% | 8.31% |
| Sharpe Ratio | 0.71 | 2.89 |
| Sortino Ratio | 1.06 | 4.02 |
| Omega Ratio | 1.13 | 1.58 |
| Calmar Ratio | 0.80 | 5.23 |
| Martin Ratio | 3.17 | 20.45 |
| Ulcer Index | 3.97% | 0.99% |
| Daily Std Dev | 17.84% | 7.00% |
| Max Drawdown | -80.91% | -13.71% |
| Current Drawdown | -2.97% | -0.10% |
Correlation
The correlation between KRP and JEPI is 0.24, 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
KRP vs. JEPI - Performance Comparison
In the year-to-date period, KRP achieves a 18.06% return, which is significantly higher than JEPI's 15.89% 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
KRP vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kimbell Royalty Partners, LP (KRP) 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
KRP vs. JEPI - Dividend Comparison
KRP's dividend yield for the trailing twelve months is around 8.21%, more than JEPI's 7.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
KRP Kimbell Royalty Partners, LP | 8.21% | 11.50% | 11.26% | 8.36% | 11.00% | 9.29% | 12.22% | 5.17% |
JEPI JPMorgan Equity Premium Income ETF | 7.06% | 8.40% | 11.67% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% |
Drawdowns
KRP vs. JEPI - Drawdown Comparison
The maximum KRP drawdown since its inception was -80.91%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for KRP and JEPI. For additional features, visit the drawdowns tool.
Volatility
KRP vs. JEPI - Volatility Comparison
Kimbell Royalty Partners, LP (KRP) has a higher volatility of 4.60% compared to JPMorgan Equity Premium Income ETF (JEPI) at 1.95%. This indicates that KRP'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.