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QPX vs. JPIE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QPX and JPIE 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

QPX vs. JPIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Q Dynamic Growth ETF (QPX) and JPMorgan Income ETF (JPIE). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

QPX:

0.64

JPIE:

3.01

Sortino Ratio

QPX:

1.08

JPIE:

4.20

Omega Ratio

QPX:

1.15

JPIE:

1.76

Calmar Ratio

QPX:

0.76

JPIE:

4.26

Martin Ratio

QPX:

2.89

JPIE:

19.50

Ulcer Index

QPX:

4.68%

JPIE:

0.38%

Daily Std Dev

QPX:

20.33%

JPIE:

2.42%

Max Drawdown

QPX:

-34.75%

JPIE:

-9.96%

Current Drawdown

QPX:

-2.26%

JPIE:

-0.20%

Returns By Period

In the year-to-date period, QPX achieves a 1.73% return, which is significantly lower than JPIE's 2.13% return.


QPX

YTD

1.73%

1M

9.33%

6M

0.61%

1Y

12.86%

5Y*

N/A

10Y*

N/A

JPIE

YTD

2.13%

1M

1.32%

6M

3.01%

1Y

7.23%

5Y*

N/A

10Y*

N/A

*Annualized

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QPX vs. JPIE - Expense Ratio Comparison

QPX has a 1.46% expense ratio, which is higher than JPIE's 0.41% expense ratio.


Risk-Adjusted Performance

QPX vs. JPIE — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QPX
The Risk-Adjusted Performance Rank of QPX is 6666
Overall Rank
The Sharpe Ratio Rank of QPX is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of QPX is 6565
Sortino Ratio Rank
The Omega Ratio Rank of QPX is 6565
Omega Ratio Rank
The Calmar Ratio Rank of QPX is 7171
Calmar Ratio Rank
The Martin Ratio Rank of QPX is 7070
Martin Ratio Rank

JPIE
The Risk-Adjusted Performance Rank of JPIE is 9898
Overall Rank
The Sharpe Ratio Rank of JPIE is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of JPIE is 9797
Sortino Ratio Rank
The Omega Ratio Rank of JPIE is 9898
Omega Ratio Rank
The Calmar Ratio Rank of JPIE is 9797
Calmar Ratio Rank
The Martin Ratio Rank of JPIE is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QPX vs. JPIE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Q Dynamic Growth ETF (QPX) and JPMorgan Income ETF (JPIE). 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.


The current QPX Sharpe Ratio is 0.64, which is lower than the JPIE Sharpe Ratio of 3.01. The chart below compares the historical Sharpe Ratios of QPX and JPIE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

QPX vs. JPIE - Dividend Comparison

QPX has not paid dividends to shareholders, while JPIE's dividend yield for the trailing twelve months is around 5.96%.


TTM2024202320222021
QPX
AdvisorShares Q Dynamic Growth ETF
0.00%0.00%0.00%0.00%0.00%
JPIE
JPMorgan Income ETF
5.96%6.11%5.70%4.49%0.63%

Drawdowns

QPX vs. JPIE - Drawdown Comparison

The maximum QPX drawdown since its inception was -34.75%, which is greater than JPIE's maximum drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for QPX and JPIE. For additional features, visit the drawdowns tool.


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Volatility

QPX vs. JPIE - Volatility Comparison

AdvisorShares Q Dynamic Growth ETF (QPX) has a higher volatility of 5.02% compared to JPMorgan Income ETF (JPIE) at 0.76%. This indicates that QPX's price experiences larger fluctuations and is considered to be riskier than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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