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OARK vs. JEPI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OARK and JEPI is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

OARK vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Innovation Option Income Strategy ETF (OARK) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
21.44%
22.76%
OARK
JEPI

Key characteristics

Sharpe Ratio

OARK:

0.56

JEPI:

1.92

Sortino Ratio

OARK:

0.90

JEPI:

2.60

Omega Ratio

OARK:

1.12

JEPI:

1.38

Calmar Ratio

OARK:

0.70

JEPI:

3.11

Martin Ratio

OARK:

1.76

JEPI:

12.63

Ulcer Index

OARK:

8.68%

JEPI:

1.13%

Daily Std Dev

OARK:

27.07%

JEPI:

7.48%

Max Drawdown

OARK:

-27.24%

JEPI:

-13.71%

Current Drawdown

OARK:

-4.15%

JEPI:

-3.69%

Returns By Period

In the year-to-date period, OARK achieves a 11.21% return, which is significantly lower than JEPI's 13.12% return.


OARK

YTD

11.21%

1M

5.92%

6M

24.59%

1Y

13.24%

5Y*

N/A

10Y*

N/A

JEPI

YTD

13.12%

1M

-1.50%

6M

6.56%

1Y

13.86%

5Y*

N/A

10Y*

N/A

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OARK vs. JEPI - Expense Ratio Comparison

OARK has a 0.99% expense ratio, which is higher than JEPI's 0.35% expense ratio.


OARK
YieldMax Innovation Option Income Strategy ETF
Expense ratio chart for OARK: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for JEPI: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

OARK vs. JEPI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Innovation Option Income Strategy ETF (OARK) 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.


Sharpe ratio
The chart of Sharpe ratio for OARK, currently valued at 0.56, compared to the broader market0.002.004.000.561.92
The chart of Sortino ratio for OARK, currently valued at 0.90, compared to the broader market-2.000.002.004.006.008.0010.000.902.60
The chart of Omega ratio for OARK, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.38
The chart of Calmar ratio for OARK, currently valued at 0.70, compared to the broader market0.005.0010.0015.000.703.11
The chart of Martin ratio for OARK, currently valued at 1.76, compared to the broader market0.0020.0040.0060.0080.00100.001.7612.63
OARK
JEPI

The current OARK Sharpe Ratio is 0.56, which is lower than the JEPI Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of OARK and JEPI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.56
1.92
OARK
JEPI

Dividends

OARK vs. JEPI - Dividend Comparison

OARK's dividend yield for the trailing twelve months is around 41.78%, more than JEPI's 7.30% yield.


TTM2023202220212020
OARK
YieldMax Innovation Option Income Strategy ETF
41.78%45.04%0.00%0.00%0.00%
JEPI
JPMorgan Equity Premium Income ETF
7.30%8.40%11.67%6.59%5.79%

Drawdowns

OARK vs. JEPI - Drawdown Comparison

The maximum OARK drawdown since its inception was -27.24%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for OARK and JEPI. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.15%
-3.69%
OARK
JEPI

Volatility

OARK vs. JEPI - Volatility Comparison

YieldMax Innovation Option Income Strategy ETF (OARK) has a higher volatility of 8.03% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.90%. This indicates that OARK'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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
8.03%
2.90%
OARK
JEPI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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