PFRL vs. JEPQ
Compare and contrast key facts about PGIM Floating Rate Income ETF (PFRL) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
PFRL and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PFRL is an actively managed fund by PGIM. It was launched on May 17, 2022. 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: PFRL or JEPQ.
Correlation
The correlation between PFRL 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
PFRL vs. JEPQ - Performance Comparison
Key characteristics
PFRL:
4.02
JEPQ:
1.13
PFRL:
5.86
JEPQ:
1.52
PFRL:
1.98
JEPQ:
1.22
PFRL:
8.00
JEPQ:
1.41
PFRL:
52.77
JEPQ:
5.84
PFRL:
0.16%
JEPQ:
2.59%
PFRL:
2.06%
JEPQ:
13.44%
PFRL:
-3.27%
JEPQ:
-16.82%
PFRL:
-0.22%
JEPQ:
-5.78%
Returns By Period
In the year-to-date period, PFRL achieves a 0.87% return, which is significantly higher than JEPQ's -1.45% return.
PFRL
0.87%
0.12%
4.08%
8.22%
N/A
N/A
JEPQ
-1.45%
-3.40%
8.63%
15.26%
N/A
N/A
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PFRL vs. JEPQ - Expense Ratio Comparison
PFRL has a 0.72% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
PFRL vs. JEPQ — Risk-Adjusted Performance Rank
PFRL
JEPQ
PFRL vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Floating Rate Income ETF (PFRL) 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
PFRL vs. JEPQ - Dividend Comparison
PFRL's dividend yield for the trailing twelve months is around 8.68%, less than JEPQ's 10.07% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
PFRL PGIM Floating Rate Income ETF | 8.68% | 8.96% | 9.84% | 3.55% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 10.07% | 9.66% | 10.02% | 9.44% |
Drawdowns
PFRL vs. JEPQ - Drawdown Comparison
The maximum PFRL drawdown since its inception was -3.27%, smaller than the maximum JEPQ drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for PFRL and JEPQ. For additional features, visit the drawdowns tool.
Volatility
PFRL vs. JEPQ - Volatility Comparison
The current volatility for PGIM Floating Rate Income ETF (PFRL) is 0.38%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.87%. This indicates that PFRL experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
User Portfolios with PFRL or JEPQ
Recent discussions
Feature idea - suggesting new diversified best risk/return options for a portfolio ?
Hi Dimitry,
Do you have any plans to add recommended instruments that will provide better diversification and risk/return for a portfolio like some other sites do ? They claim to do this based on expected future performance, but even based on past performance and past diversification may be a good start ?
RB
Getting Historical Performance - capped by available data?
Silverback
Additions to Wishlist: Monte-Carlo Simulations
Hello Dmitry,
Is it possible to add Monte-Carlo simulations to the list of available tools? Since Portfolioslab doesn't have it, I need to use some other Websites just to run Monte-Carlos of my portfolios. Thank you!
Investing_4Fun