QLVD vs. JEPI
Compare and contrast key facts about FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) and JPMorgan Equity Premium Income ETF (JEPI).
QLVD and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLVD is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Developed Markets ex US Quality Low Volatility Index. It was launched on Jul 15, 2019. 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: QLVD or JEPI.
Key characteristics
| QLVD | JEPI | |
|---|---|---|
| YTD Return | 0.99% | 4.09% |
| 1Y Return | 2.51% | 10.60% |
| 3Y Return (Ann) | 1.31% | 7.61% |
| Sharpe Ratio | 0.34 | 1.65 |
| Daily Std Dev | 9.77% | 7.36% |
| Max Drawdown | -28.20% | -13.71% |
| Current Drawdown | -2.61% | -2.14% |
Correlation
The correlation between QLVD and JEPI is 0.69, 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
QLVD vs. JEPI - Performance Comparison
In the year-to-date period, QLVD achieves a 0.99% return, which is significantly lower than JEPI's 4.09% 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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QLVD vs. JEPI - Expense Ratio Comparison
QLVD has a 0.32% expense ratio, which is lower than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
QLVD vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) 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
QLVD vs. JEPI - Dividend Comparison
QLVD's dividend yield for the trailing twelve months is around 3.15%, less than JEPI's 7.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Index Fund | 3.15% | 3.33% | 2.47% | 3.06% | 1.78% | 1.06% |
JEPI JPMorgan Equity Premium Income ETF | 7.58% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% |
Drawdowns
QLVD vs. JEPI - Drawdown Comparison
The maximum QLVD drawdown since its inception was -28.20%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for QLVD and JEPI. For additional features, visit the drawdowns tool.
Volatility
QLVD vs. JEPI - Volatility Comparison
FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD) has a higher volatility of 2.90% compared to JPMorgan Equity Premium Income ETF (JEPI) at 2.47%. This indicates that QLVD's price experiences larger fluctuations and is considered to be riskier than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.