PDEC vs. JEPI
Compare and contrast key facts about Innovator U.S. Equity Power Buffer ETF - December (PDEC) and JPMorgan Equity Premium Income ETF (JEPI).
PDEC and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PDEC is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 15% Buffer Protect December Series Index. It was launched on Dec 2, 2019. 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: PDEC or JEPI.
Correlation
The correlation between PDEC and JEPI is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PDEC vs. JEPI - Performance Comparison
Key characteristics
PDEC:
2.20
JEPI:
1.80
PDEC:
3.07
JEPI:
2.43
PDEC:
1.49
JEPI:
1.35
PDEC:
4.23
JEPI:
2.84
PDEC:
17.67
JEPI:
9.15
PDEC:
0.58%
JEPI:
1.53%
PDEC:
4.66%
JEPI:
7.76%
PDEC:
-19.31%
JEPI:
-13.71%
PDEC:
0.00%
JEPI:
-0.86%
Returns By Period
In the year-to-date period, PDEC achieves a 2.45% return, which is significantly lower than JEPI's 3.42% return.
PDEC
2.45%
1.33%
3.69%
9.70%
7.61%
N/A
JEPI
3.42%
1.71%
6.40%
13.24%
N/A
N/A
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PDEC vs. JEPI - Expense Ratio Comparison
PDEC has a 0.79% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
PDEC vs. JEPI — Risk-Adjusted Performance Rank
PDEC
JEPI
PDEC vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Power Buffer ETF - December (PDEC) 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
PDEC vs. JEPI - Dividend Comparison
PDEC has not paid dividends to shareholders, while JEPI's dividend yield for the trailing twelve months is around 7.17%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
PDEC Innovator U.S. Equity Power Buffer ETF - December | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JEPI JPMorgan Equity Premium Income ETF | 7.17% | 7.33% | 8.40% | 11.67% | 6.59% | 5.79% |
Drawdowns
PDEC vs. JEPI - Drawdown Comparison
The maximum PDEC drawdown since its inception was -19.31%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for PDEC and JEPI. For additional features, visit the drawdowns tool.
Volatility
PDEC vs. JEPI - Volatility Comparison
Innovator U.S. Equity Power Buffer ETF - December (PDEC) and JPMorgan Equity Premium Income ETF (JEPI) have volatilities of 1.67% and 1.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.