Correlation
The correlation between MCNAX and JEPI is 0.75, 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.
MCNAX vs. JEPI
Compare and contrast key facts about Madison Conservative Allocation Fund (MCNAX) and JPMorgan Equity Premium Income ETF (JEPI).
MCNAX is managed by Madison Funds. It was launched on Jun 29, 2006. 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: MCNAX or JEPI.
Performance
MCNAX vs. JEPI - Performance Comparison
Loading data...
Key characteristics
MCNAX:
0.91
JEPI:
0.56
MCNAX:
1.23
JEPI:
0.81
MCNAX:
1.16
JEPI:
1.13
MCNAX:
0.84
JEPI:
0.54
MCNAX:
3.45
JEPI:
2.23
MCNAX:
1.59%
JEPI:
3.19%
MCNAX:
6.54%
JEPI:
13.82%
MCNAX:
-27.65%
JEPI:
-13.71%
MCNAX:
-0.79%
JEPI:
-4.02%
Returns By Period
In the year-to-date period, MCNAX achieves a 2.28% return, which is significantly higher than JEPI's 0.17% return.
MCNAX
2.28%
1.24%
-0.17%
5.47%
3.01%
1.94%
3.14%
JEPI
0.17%
1.80%
-3.98%
6.67%
8.01%
10.94%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MCNAX vs. JEPI - Expense Ratio Comparison
MCNAX has a 0.71% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
MCNAX vs. JEPI — Risk-Adjusted Performance Rank
MCNAX
JEPI
MCNAX vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Conservative Allocation Fund (MCNAX) 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.
Loading data...
Dividends
MCNAX vs. JEPI - Dividend Comparison
MCNAX's dividend yield for the trailing twelve months is around 2.73%, less than JEPI's 8.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCNAX Madison Conservative Allocation Fund | 2.73% | 2.82% | 2.41% | 1.48% | 6.65% | 7.32% | 3.75% | 5.24% | 4.24% | 3.43% | 4.51% | 6.03% |
JEPI JPMorgan Equity Premium Income ETF | 8.01% | 7.33% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MCNAX vs. JEPI - Drawdown Comparison
The maximum MCNAX drawdown since its inception was -27.65%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for MCNAX and JEPI.
Loading data...
Volatility
MCNAX vs. JEPI - Volatility Comparison
The current volatility for Madison Conservative Allocation Fund (MCNAX) is 1.71%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 2.29%. This indicates that MCNAX experiences smaller price fluctuations and is considered to be less risky than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...