PIAMX vs. JEPAX
Compare and contrast key facts about PIA High Yield (MACS) Fund (PIAMX) and JPMorgan Equity Premium Income Fund Class A (JEPAX).
PIAMX is managed by PIA Mutual Funds. It was launched on Dec 26, 2017. JEPAX is managed by JPMorgan. It was launched on Aug 31, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIAMX or JEPAX.
Performance
PIAMX vs. JEPAX - Performance Comparison
Returns By Period
In the year-to-date period, PIAMX achieves a 10.26% return, which is significantly lower than JEPAX's 14.63% return.
PIAMX
10.26%
0.57%
5.93%
14.54%
6.46%
N/A
JEPAX
14.63%
0.25%
7.62%
17.32%
9.41%
N/A
Key characteristics
| PIAMX | JEPAX | |
|---|---|---|
| Sharpe Ratio | 5.40 | 2.40 |
| Sortino Ratio | 8.75 | 3.46 |
| Omega Ratio | 2.45 | 1.48 |
| Calmar Ratio | 12.64 | 4.41 |
| Martin Ratio | 62.71 | 15.84 |
| Ulcer Index | 0.23% | 1.09% |
| Daily Std Dev | 2.72% | 7.19% |
| Max Drawdown | -18.15% | -32.68% |
| Current Drawdown | 0.00% | -1.27% |
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PIAMX vs. JEPAX - Expense Ratio Comparison
PIAMX has a 0.20% expense ratio, which is lower than JEPAX's 0.85% expense ratio.
Correlation
The correlation between PIAMX and JEPAX is 0.35, 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.
Risk-Adjusted Performance
PIAMX vs. JEPAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIA High Yield (MACS) Fund (PIAMX) and JPMorgan Equity Premium Income Fund Class A (JEPAX). 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
PIAMX vs. JEPAX - Dividend Comparison
PIAMX's dividend yield for the trailing twelve months is around 8.38%, more than JEPAX's 6.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
PIAMX PIA High Yield (MACS) Fund | 8.38% | 8.12% | 8.72% | 7.03% | 6.63% | 6.74% | 6.66% | 0.06% |
JEPAX JPMorgan Equity Premium Income Fund Class A | 6.74% | 8.19% | 11.97% | 7.36% | 11.35% | 7.51% | 0.00% | 0.00% |
Drawdowns
PIAMX vs. JEPAX - Drawdown Comparison
The maximum PIAMX drawdown since its inception was -18.15%, smaller than the maximum JEPAX drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for PIAMX and JEPAX. For additional features, visit the drawdowns tool.
Volatility
PIAMX vs. JEPAX - Volatility Comparison
The current volatility for PIA High Yield (MACS) Fund (PIAMX) is 0.63%, while JPMorgan Equity Premium Income Fund Class A (JEPAX) has a volatility of 1.97%. This indicates that PIAMX experiences smaller price fluctuations and is considered to be less risky than JEPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.