PQDI vs. JEPI
Compare and contrast key facts about Principal Spectrum Tax-Advantaged Dividend Active ETF (PQDI) and JPMorgan Equity Premium Income ETF (JEPI).
PQDI and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PQDI is an actively managed fund by Principal. It was launched on Jun 17, 2020. JEPI is an actively managed fund by JPMorgan Chase. It was launched on May 20, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PQDI or JEPI.
Key characteristics
| PQDI | JEPI | |
|---|---|---|
| YTD Return | 4.66% | 6.51% |
| 1Y Return | 15.93% | 13.81% |
| 3Y Return (Ann) | 0.88% | 7.65% |
| Sharpe Ratio | 4.62 | 1.79 |
| Daily Std Dev | 3.44% | 7.19% |
| Max Drawdown | -17.41% | -13.71% |
| Current Drawdown | -0.51% | 0.00% |
Correlation
The correlation between PQDI and JEPI is 0.43, 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
PQDI vs. JEPI - Performance Comparison
In the year-to-date period, PQDI achieves a 4.66% return, which is significantly lower than JEPI's 6.51% 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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PQDI vs. JEPI - Expense Ratio Comparison
PQDI has a 0.60% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
PQDI vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Spectrum Tax-Advantaged Dividend Active ETF (PQDI) and JPMorgan Equity Premium Income ETF (JEPI). 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
PQDI vs. JEPI - Dividend Comparison
PQDI's dividend yield for the trailing twelve months is around 5.03%, less than JEPI's 7.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
PQDI Principal Spectrum Tax-Advantaged Dividend Active ETF | 5.03% | 5.35% | 5.60% | 5.21% | 2.69% |
JEPI JPMorgan Equity Premium Income ETF | 7.28% | 8.40% | 11.68% | 6.59% | 5.79% |
Drawdowns
PQDI vs. JEPI - Drawdown Comparison
The maximum PQDI drawdown since its inception was -17.41%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for PQDI and JEPI. For additional features, visit the drawdowns tool.
Volatility
PQDI vs. JEPI - Volatility Comparison
The current volatility for Principal Spectrum Tax-Advantaged Dividend Active ETF (PQDI) is 0.78%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 1.97%. This indicates that PQDI experiences smaller price fluctuations and is considered to be less risky than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.