MRSK vs. JEPQ
Compare and contrast key facts about Agility Shares Managed Risk ETF (MRSK) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
MRSK and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MRSK is an actively managed fund by Toews Corp.. It was launched on Jun 25, 2020. JEPQ is an actively managed fund by JPMorgan Chase. It was launched on May 3, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRSK or JEPQ.
Key characteristics
| MRSK | JEPQ | |
|---|---|---|
| YTD Return | 16.20% | 23.15% |
| 1Y Return | 24.42% | 30.52% |
| Sharpe Ratio | 2.03 | 2.44 |
| Sortino Ratio | 2.65 | 3.18 |
| Omega Ratio | 1.42 | 1.50 |
| Calmar Ratio | 2.50 | 2.79 |
| Martin Ratio | 10.93 | 12.07 |
| Ulcer Index | 2.16% | 2.48% |
| Daily Std Dev | 11.58% | 12.27% |
| Max Drawdown | -14.70% | -16.82% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between MRSK and JEPQ is 0.82, 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
MRSK vs. JEPQ - Performance Comparison
In the year-to-date period, MRSK achieves a 16.20% return, which is significantly lower than JEPQ's 23.15% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MRSK vs. JEPQ - Expense Ratio Comparison
MRSK has a 0.99% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
MRSK vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Agility Shares Managed Risk ETF (MRSK) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). 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
MRSK vs. JEPQ - Dividend Comparison
MRSK's dividend yield for the trailing twelve months is around 0.52%, less than JEPQ's 9.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
MRSK Agility Shares Managed Risk ETF | 0.52% | 0.60% | 1.11% | 14.20% | 0.27% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.36% | 10.02% | 9.44% | 0.00% | 0.00% |
Drawdowns
MRSK vs. JEPQ - Drawdown Comparison
The maximum MRSK drawdown since its inception was -14.70%, smaller than the maximum JEPQ drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for MRSK and JEPQ. For additional features, visit the drawdowns tool.
Volatility
MRSK vs. JEPQ - Volatility Comparison
Agility Shares Managed Risk ETF (MRSK) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) have volatilities of 3.35% and 3.39%, 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.