PDO vs. JEPQ
Compare and contrast key facts about Pimco Dynamic Income Opportunities Fund (PDO) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
JEPQ is an actively managed fund by JPMorgan Chase. It was launched on May 3, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PDO or JEPQ.
Key characteristics
| PDO | JEPQ | |
|---|---|---|
| YTD Return | 23.23% | 23.19% |
| 1Y Return | 32.43% | 28.90% |
| Sharpe Ratio | 2.96 | 2.49 |
| Sortino Ratio | 4.16 | 3.24 |
| Omega Ratio | 1.58 | 1.51 |
| Calmar Ratio | 0.99 | 2.85 |
| Martin Ratio | 20.06 | 12.34 |
| Ulcer Index | 1.62% | 2.48% |
| Daily Std Dev | 10.97% | 12.22% |
| Max Drawdown | -37.34% | -16.82% |
| Current Drawdown | -9.58% | 0.00% |
Correlation
The correlation between PDO and JEPQ is 0.40, 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.
Performance
PDO vs. JEPQ - Performance Comparison
The year-to-date returns for both stocks are quite close, with PDO having a 23.23% return and JEPQ slightly lower at 23.19%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PDO vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pimco Dynamic Income Opportunities Fund (PDO) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). 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
PDO vs. JEPQ - Dividend Comparison
PDO's dividend yield for the trailing twelve months is around 11.21%, more than JEPQ's 9.36% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
PDO Pimco Dynamic Income Opportunities Fund | 11.21% | 12.55% | 19.08% | 8.54% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.36% | 10.02% | 9.44% | 0.00% |
Drawdowns
PDO vs. JEPQ - Drawdown Comparison
The maximum PDO drawdown since its inception was -37.34%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for PDO and JEPQ. For additional features, visit the drawdowns tool.
Volatility
PDO vs. JEPQ - Volatility Comparison
Pimco Dynamic Income Opportunities Fund (PDO) has a higher volatility of 4.06% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 3.39%. This indicates that PDO's price experiences larger fluctuations and is considered to be riskier than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.