MSFO vs. JEPQ
Compare and contrast key facts about YieldMax MSFT Option Income Strategy ETF (MSFO) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
MSFO and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSFO is an actively managed fund by YieldMax. It was launched on Aug 24, 2023. 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: MSFO or JEPQ.
Key characteristics
| MSFO | JEPQ | |
|---|---|---|
| YTD Return | 12.47% | 23.39% |
| 1Y Return | 18.01% | 28.15% |
| Sharpe Ratio | 1.21 | 2.38 |
| Sortino Ratio | 1.58 | 3.11 |
| Omega Ratio | 1.23 | 1.49 |
| Calmar Ratio | 1.44 | 2.71 |
| Martin Ratio | 3.93 | 11.74 |
| Ulcer Index | 4.84% | 2.48% |
| Daily Std Dev | 15.74% | 12.20% |
| Max Drawdown | -13.17% | -16.82% |
| Current Drawdown | -5.99% | 0.00% |
Correlation
The correlation between MSFO and JEPQ is 0.71, 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
MSFO vs. JEPQ - Performance Comparison
In the year-to-date period, MSFO achieves a 12.47% return, which is significantly lower than JEPQ's 23.39% 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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MSFO vs. JEPQ - Expense Ratio Comparison
MSFO has a 0.99% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
MSFO vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax MSFT Option Income Strategy ETF (MSFO) 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
MSFO vs. JEPQ - Dividend Comparison
MSFO's dividend yield for the trailing twelve months is around 32.16%, more than JEPQ's 9.35% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
MSFO YieldMax MSFT Option Income Strategy ETF
| 32.16% | 6.44% | 0.00% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.35% | 10.02% | 9.44% |
Drawdowns
MSFO vs. JEPQ - Drawdown Comparison
The maximum MSFO drawdown since its inception was -13.17%, smaller than the maximum JEPQ drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for MSFO and JEPQ. For additional features, visit the drawdowns tool.
Volatility
MSFO vs. JEPQ - Volatility Comparison
YieldMax MSFT Option Income Strategy ETF (MSFO) has a higher volatility of 6.04% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 3.33%. This indicates that MSFO's price experiences larger fluctuations and is considered to be riskier than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.