NHMRX vs. JEPI
Compare and contrast key facts about Nuveen High Yield Municipal Bond Fund (NHMRX) and JPMorgan Equity Premium Income ETF (JEPI).
NHMRX is managed by Nuveen. It was launched on Jun 6, 1999. 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: NHMRX or JEPI.
Performance
NHMRX vs. JEPI - Performance Comparison
Returns By Period
In the year-to-date period, NHMRX achieves a 5.63% return, which is significantly lower than JEPI's 14.71% return.
NHMRX
5.63%
0.38%
2.32%
12.35%
1.68%
4.16%
JEPI
14.71%
-0.18%
7.76%
17.98%
N/A
N/A
Key characteristics
| NHMRX | JEPI | |
|---|---|---|
| Sharpe Ratio | 2.21 | 2.55 |
| Sortino Ratio | 3.37 | 3.54 |
| Omega Ratio | 1.49 | 1.50 |
| Calmar Ratio | 0.79 | 4.65 |
| Martin Ratio | 8.49 | 18.00 |
| Ulcer Index | 1.45% | 1.00% |
| Daily Std Dev | 5.58% | 7.05% |
| Max Drawdown | -45.44% | -13.71% |
| Current Drawdown | -5.41% | -1.12% |
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NHMRX vs. JEPI - Expense Ratio Comparison
NHMRX has a 0.52% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Correlation
The correlation between NHMRX and JEPI is 0.11, 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.
Risk-Adjusted Performance
NHMRX vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen High Yield Municipal Bond Fund (NHMRX) 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
NHMRX vs. JEPI - Dividend Comparison
NHMRX's dividend yield for the trailing twelve months is around 5.28%, less than JEPI's 7.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NHMRX Nuveen High Yield Municipal Bond Fund | 5.28% | 5.55% | 5.64% | 4.70% | 5.04% | 5.00% | 5.47% | 5.38% | 5.88% | 5.68% | 5.79% | 6.72% |
JEPI JPMorgan Equity Premium Income ETF | 7.13% | 8.40% | 11.67% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NHMRX vs. JEPI - Drawdown Comparison
The maximum NHMRX drawdown since its inception was -45.44%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for NHMRX and JEPI. For additional features, visit the drawdowns tool.
Volatility
NHMRX vs. JEPI - Volatility Comparison
Nuveen High Yield Municipal Bond Fund (NHMRX) has a higher volatility of 2.63% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.14%. This indicates that NHMRX's price experiences larger fluctuations and is considered to be riskier than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.