Correlation
The correlation between OTEC and JEPI is 0.06, 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.
OTEC vs. JEPI
Compare and contrast key facts about OceanTech Acquisitions I Corp. (OTEC) and JPMorgan Equity Premium Income ETF (JEPI).
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: OTEC or JEPI.
Performance
OTEC vs. JEPI - Performance Comparison
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Key characteristics
Returns By Period
OTEC
N/A
N/A
N/A
N/A
N/A
N/A
N/A
JEPI
0.17%
1.80%
-3.98%
6.67%
8.01%
10.94%
N/A
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Risk-Adjusted Performance
OTEC vs. JEPI — Risk-Adjusted Performance Rank
OTEC
JEPI
OTEC vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for OceanTech Acquisitions I Corp. (OTEC) 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.
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Dividends
OTEC vs. JEPI - Dividend Comparison
OTEC has not paid dividends to shareholders, while JEPI's dividend yield for the trailing twelve months is around 8.01%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
---|---|---|---|---|---|---|
OTEC OceanTech Acquisitions I Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JEPI JPMorgan Equity Premium Income ETF | 8.01% | 7.33% | 8.40% | 11.68% | 6.59% | 5.79% |
Drawdowns
OTEC vs. JEPI - Drawdown Comparison
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Volatility
OTEC vs. JEPI - Volatility Comparison
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