PHYQX vs. JEPQ
Compare and contrast key facts about PGIM High Yield Fund Class R6 (PHYQX) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
PHYQX is managed by PGIM Funds (Prudential). It was launched on Oct 31, 2011. 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: PHYQX or JEPQ.
Key characteristics
| PHYQX | JEPQ | |
|---|---|---|
| YTD Return | 8.42% | 23.19% |
| 1Y Return | 15.84% | 28.90% |
| Sharpe Ratio | 3.97 | 2.49 |
| Sortino Ratio | 7.36 | 3.24 |
| Omega Ratio | 2.13 | 1.51 |
| Calmar Ratio | 2.04 | 2.85 |
| Martin Ratio | 25.69 | 12.34 |
| Ulcer Index | 0.62% | 2.48% |
| Daily Std Dev | 4.00% | 12.22% |
| Max Drawdown | -21.12% | -16.82% |
| Current Drawdown | -0.22% | 0.00% |
Correlation
The correlation between PHYQX and JEPQ is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PHYQX vs. JEPQ - Performance Comparison
In the year-to-date period, PHYQX achieves a 8.42% return, which is significantly lower than JEPQ's 23.19% return. 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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PHYQX vs. JEPQ - Expense Ratio Comparison
PHYQX has a 0.38% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
PHYQX vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM High Yield Fund Class R6 (PHYQX) 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
PHYQX vs. JEPQ - Dividend Comparison
PHYQX's dividend yield for the trailing twelve months is around 7.45%, less than JEPQ's 9.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHYQX PGIM High Yield Fund Class R6 | 7.45% | 7.11% | 7.14% | 5.63% | 6.12% | 6.31% | 6.70% | 6.39% | 6.50% | 7.03% | 6.73% | 6.72% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.36% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PHYQX vs. JEPQ - Drawdown Comparison
The maximum PHYQX drawdown since its inception was -21.12%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for PHYQX and JEPQ. For additional features, visit the drawdowns tool.
Volatility
PHYQX vs. JEPQ - Volatility Comparison
The current volatility for PGIM High Yield Fund Class R6 (PHYQX) is 0.74%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.39%. This indicates that PHYQX 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.