NAPR vs. JEPQ
Compare and contrast key facts about Innovator Growth-100 Power Buffer ETF - April (NAPR) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
NAPR and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NAPR is a passively managed fund by Innovator that tracks the performance of the NASDAQ-100 Index. It was launched on Apr 1, 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: NAPR or JEPQ.
Key characteristics
| NAPR | JEPQ | |
|---|---|---|
| YTD Return | 2.92% | 11.64% |
| 1Y Return | 15.87% | 29.09% |
| Sharpe Ratio | 2.60 | 2.66 |
| Daily Std Dev | 6.25% | 11.01% |
| Max Drawdown | -16.53% | -16.82% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between NAPR and JEPQ is 0.93, 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
NAPR vs. JEPQ - Performance Comparison
In the year-to-date period, NAPR achieves a 2.92% return, which is significantly lower than JEPQ's 11.64% 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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NAPR vs. JEPQ - Expense Ratio Comparison
NAPR has a 0.79% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
NAPR vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Growth-100 Power Buffer ETF - April (NAPR) 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
NAPR vs. JEPQ - Dividend Comparison
NAPR has not paid dividends to shareholders, while JEPQ's dividend yield for the trailing twelve months is around 8.82%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
NAPR Innovator Growth-100 Power Buffer ETF - April | 0.00% | 0.00% | 0.00% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 8.82% | 10.02% | 9.44% |
Drawdowns
NAPR vs. JEPQ - Drawdown Comparison
The maximum NAPR drawdown since its inception was -16.53%, roughly equal to the maximum JEPQ drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for NAPR and JEPQ. For additional features, visit the drawdowns tool.
Volatility
NAPR vs. JEPQ - Volatility Comparison
The current volatility for Innovator Growth-100 Power Buffer ETF - April (NAPR) is 2.92%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 4.46%. This indicates that NAPR experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.