MENYX vs. JQUA
Compare and contrast key facts about Madison Covered Call & Equity Income Fund (MENYX) and JPMorgan U.S. Quality Factor ETF (JQUA).
MENYX is managed by Madison Funds. It was launched on Oct 29, 2009. JQUA is a passively managed fund by JPMorgan Chase that tracks the performance of the JP Morgan US Quality Factor Index. It was launched on Nov 8, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MENYX or JQUA.
Correlation
The correlation between MENYX and JQUA is 0.66, 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.
Performance
MENYX vs. JQUA - Performance Comparison
Key characteristics
MENYX:
0.81
JQUA:
1.77
MENYX:
1.18
JQUA:
2.44
MENYX:
1.14
JQUA:
1.32
MENYX:
1.17
JQUA:
3.24
MENYX:
3.09
JQUA:
9.35
MENYX:
1.85%
JQUA:
2.19%
MENYX:
7.02%
JQUA:
11.58%
MENYX:
-31.57%
JQUA:
-32.92%
MENYX:
-2.82%
JQUA:
-0.03%
Returns By Period
In the year-to-date period, MENYX achieves a 0.75% return, which is significantly lower than JQUA's 6.02% return.
MENYX
0.75%
-0.21%
-1.06%
6.04%
9.44%
5.35%
JQUA
6.02%
3.81%
10.96%
21.89%
15.11%
N/A
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MENYX vs. JQUA - Expense Ratio Comparison
MENYX has a 1.01% expense ratio, which is higher than JQUA's 0.12% expense ratio.
Risk-Adjusted Performance
MENYX vs. JQUA — Risk-Adjusted Performance Rank
MENYX
JQUA
MENYX vs. JQUA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Covered Call & Equity Income Fund (MENYX) and JPMorgan U.S. Quality Factor ETF (JQUA). 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
MENYX vs. JQUA - Dividend Comparison
MENYX's dividend yield for the trailing twelve months is around 7.78%, more than JQUA's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MENYX Madison Covered Call & Equity Income Fund | 7.78% | 7.84% | 7.71% | 6.98% | 4.45% | 4.48% | 5.21% | 5.72% | 4.43% | 4.48% | 5.68% | 6.15% |
JQUA JPMorgan U.S. Quality Factor ETF | 1.17% | 1.24% | 1.22% | 1.59% | 1.32% | 1.44% | 1.67% | 2.10% | 0.39% | 0.00% | 0.00% | 0.00% |
Drawdowns
MENYX vs. JQUA - Drawdown Comparison
The maximum MENYX drawdown since its inception was -31.57%, roughly equal to the maximum JQUA drawdown of -32.92%. Use the drawdown chart below to compare losses from any high point for MENYX and JQUA. For additional features, visit the drawdowns tool.
Volatility
MENYX vs. JQUA - Volatility Comparison
Madison Covered Call & Equity Income Fund (MENYX) and JPMorgan U.S. Quality Factor ETF (JQUA) have volatilities of 2.28% and 2.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.