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

Correlation

The correlation between OPER and JEPI is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

OPER vs. JEPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearShares Ultra-Short Maturity ETF (OPER) and JPMorgan Equity Premium Income ETF (JEPI). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

OPER:

15.72

JEPI:

0.45

Sortino Ratio

OPER:

49.16

JEPI:

0.75

Omega Ratio

OPER:

17.39

JEPI:

1.12

Calmar Ratio

OPER:

55.19

JEPI:

0.49

Martin Ratio

OPER:

451.53

JEPI:

2.08

Ulcer Index

OPER:

0.01%

JEPI:

3.11%

Daily Std Dev

OPER:

0.32%

JEPI:

13.80%

Max Drawdown

OPER:

-2.33%

JEPI:

-13.71%

Current Drawdown

OPER:

0.00%

JEPI:

-3.76%

Returns By Period

In the year-to-date period, OPER achieves a 1.65% return, which is significantly higher than JEPI's 0.44% return.


OPER

YTD

1.65%

1M

0.34%

6M

2.25%

1Y

4.90%

5Y*

2.89%

10Y*

N/A

JEPI

YTD

0.44%

1M

5.54%

6M

-1.19%

1Y

5.91%

5Y*

N/A

10Y*

N/A

*Annualized

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OPER vs. JEPI - Expense Ratio Comparison

OPER has a 0.20% expense ratio, which is lower than JEPI's 0.35% expense ratio.


Risk-Adjusted Performance

OPER vs. JEPI — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OPER
The Risk-Adjusted Performance Rank of OPER is 100100
Overall Rank
The Sharpe Ratio Rank of OPER is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of OPER is 100100
Sortino Ratio Rank
The Omega Ratio Rank of OPER is 100100
Omega Ratio Rank
The Calmar Ratio Rank of OPER is 100100
Calmar Ratio Rank
The Martin Ratio Rank of OPER is 100100
Martin Ratio Rank

JEPI
The Risk-Adjusted Performance Rank of JEPI is 4848
Overall Rank
The Sharpe Ratio Rank of JEPI is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of JEPI is 4242
Sortino Ratio Rank
The Omega Ratio Rank of JEPI is 5050
Omega Ratio Rank
The Calmar Ratio Rank of JEPI is 5252
Calmar Ratio Rank
The Martin Ratio Rank of JEPI is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

OPER vs. JEPI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearShares Ultra-Short Maturity ETF (OPER) 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.


The current OPER Sharpe Ratio is 15.72, which is higher than the JEPI Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of OPER 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.


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Dividends

OPER vs. JEPI - Dividend Comparison

OPER's dividend yield for the trailing twelve months is around 4.90%, less than JEPI's 7.99% yield.


TTM2024202320222021202020192018
OPER
ClearShares Ultra-Short Maturity ETF
4.90%5.21%5.03%1.71%0.36%0.64%2.08%0.88%
JEPI
JPMorgan Equity Premium Income ETF
7.99%7.33%8.40%11.68%6.59%5.79%0.00%0.00%

Drawdowns

OPER vs. JEPI - Drawdown Comparison

The maximum OPER drawdown since its inception was -2.33%, smaller than the maximum JEPI drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for OPER and JEPI. For additional features, visit the drawdowns tool.


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Volatility

OPER vs. JEPI - Volatility Comparison

The current volatility for ClearShares Ultra-Short Maturity ETF (OPER) is 0.06%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 3.62%. This indicates that OPER 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.


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