NHMFX vs. JEPI
Compare and contrast key facts about Nuveen High Yield Municipal Bond Fund Class R6 (NHMFX) and JPMorgan Equity Premium Income ETF (JEPI).
NHMFX is managed by Nuveen. It was launched on Jun 30, 2016. 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: NHMFX or JEPI.
Correlation
The correlation between NHMFX and JEPI is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NHMFX vs. JEPI - Performance Comparison
Key characteristics
NHMFX:
0.21
JEPI:
0.38
NHMFX:
0.33
JEPI:
0.62
NHMFX:
1.06
JEPI:
1.10
NHMFX:
0.15
JEPI:
0.39
NHMFX:
0.67
JEPI:
1.75
NHMFX:
2.68%
JEPI:
2.97%
NHMFX:
8.60%
JEPI:
13.76%
NHMFX:
-22.25%
JEPI:
-13.71%
NHMFX:
-8.43%
JEPI:
-6.54%
Returns By Period
In the year-to-date period, NHMFX achieves a -2.75% return, which is significantly lower than JEPI's -2.46% return.
NHMFX
-2.75%
-2.74%
-1.89%
1.27%
3.14%
N/A
JEPI
-2.46%
-2.94%
-2.47%
6.36%
N/A
N/A
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NHMFX vs. JEPI - Expense Ratio Comparison
NHMFX has a 0.69% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
NHMFX vs. JEPI — Risk-Adjusted Performance Rank
NHMFX
JEPI
NHMFX vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen High Yield Municipal Bond Fund Class R6 (NHMFX) 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.
Dividends
NHMFX vs. JEPI - Dividend Comparison
NHMFX's dividend yield for the trailing twelve months is around 5.11%, less than JEPI's 7.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
NHMFX Nuveen High Yield Municipal Bond Fund Class R6 | 5.11% | 5.35% | 5.60% | 5.69% | 4.71% | 5.05% | 5.03% | 5.46% | 5.38% | 2.96% |
JEPI JPMorgan Equity Premium Income ETF | 7.27% | 7.33% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NHMFX vs. JEPI - Drawdown Comparison
The maximum NHMFX drawdown since its inception was -22.25%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for NHMFX and JEPI. For additional features, visit the drawdowns tool.
Volatility
NHMFX vs. JEPI - Volatility Comparison
The current volatility for Nuveen High Yield Municipal Bond Fund Class R6 (NHMFX) is 6.80%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 11.04%. This indicates that NHMFX 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.