PNNT vs. JEPQ
Compare and contrast key facts about PennantPark Investment Corporation (PNNT) 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: PNNT or JEPQ.
Correlation
The correlation between PNNT 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
PNNT vs. JEPQ - Performance Comparison
Key characteristics
PNNT:
0.98
JEPQ:
0.15
PNNT:
1.36
JEPQ:
0.29
PNNT:
1.19
JEPQ:
1.04
PNNT:
1.18
JEPQ:
0.17
PNNT:
2.98
JEPQ:
0.63
PNNT:
6.04%
JEPQ:
3.86%
PNNT:
18.41%
JEPQ:
15.80%
PNNT:
-82.16%
JEPQ:
-16.82%
PNNT:
-2.64%
JEPQ:
-14.02%
Returns By Period
In the year-to-date period, PNNT achieves a 2.44% return, which is significantly higher than JEPQ's -10.07% return.
PNNT
2.44%
-1.50%
8.50%
17.63%
39.54%
9.79%
JEPQ
-10.07%
-7.92%
-3.53%
2.22%
N/A
N/A
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Risk-Adjusted Performance
PNNT vs. JEPQ — Risk-Adjusted Performance Rank
PNNT
JEPQ
PNNT vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PennantPark Investment Corporation (PNNT) 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
PNNT vs. JEPQ - Dividend Comparison
PNNT's dividend yield for the trailing twelve months is around 13.41%, more than JEPQ's 11.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNNT PennantPark Investment Corporation | 13.41% | 12.85% | 11.65% | 10.43% | 6.93% | 11.71% | 11.03% | 11.30% | 10.42% | 14.62% | 18.12% | 11.75% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 11.69% | 9.65% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PNNT vs. JEPQ - Drawdown Comparison
The maximum PNNT drawdown since its inception was -82.16%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for PNNT and JEPQ. For additional features, visit the drawdowns tool.
Volatility
PNNT vs. JEPQ - Volatility Comparison
The current volatility for PennantPark Investment Corporation (PNNT) is 5.02%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 8.26%. This indicates that PNNT 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.