QQQN vs. JEPI
Compare and contrast key facts about VictoryShares Nasdaq Next 50 ETF (QQQN) and JPMorgan Equity Premium Income ETF (JEPI).
QQQN and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQN is a passively managed fund by Crestview that tracks the performance of the NASDAQ Q-50. It was launched on Sep 10, 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: QQQN or JEPI.
Key characteristics
| QQQN | JEPI | |
|---|---|---|
| YTD Return | 17.49% | 15.79% |
| 1Y Return | 32.13% | 20.11% |
| 3Y Return (Ann) | -3.94% | 8.29% |
| Sharpe Ratio | 2.38 | 2.87 |
| Sortino Ratio | 3.27 | 4.00 |
| Omega Ratio | 1.40 | 1.58 |
| Calmar Ratio | 1.08 | 5.20 |
| Martin Ratio | 12.58 | 20.34 |
| Ulcer Index | 3.16% | 0.99% |
| Daily Std Dev | 16.71% | 7.00% |
| Max Drawdown | -39.89% | -13.71% |
| Current Drawdown | -12.15% | -0.18% |
Correlation
The correlation between QQQN and JEPI is 0.61, 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
QQQN vs. JEPI - Performance Comparison
In the year-to-date period, QQQN achieves a 17.49% return, which is significantly higher than JEPI's 15.79% 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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QQQN vs. JEPI - Expense Ratio Comparison
QQQN has a 0.18% expense ratio, which is lower than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
QQQN vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares Nasdaq Next 50 ETF (QQQN) 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
QQQN vs. JEPI - Dividend Comparison
QQQN's dividend yield for the trailing twelve months is around 0.85%, less than JEPI's 7.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
QQQN VictoryShares Nasdaq Next 50 ETF | 0.85% | 0.64% | 0.90% | 0.33% | 0.13% |
JEPI JPMorgan Equity Premium Income ETF | 7.07% | 8.40% | 11.67% | 6.59% | 5.79% |
Drawdowns
QQQN vs. JEPI - Drawdown Comparison
The maximum QQQN drawdown since its inception was -39.89%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for QQQN and JEPI. For additional features, visit the drawdowns tool.
Volatility
QQQN vs. JEPI - Volatility Comparison
The current volatility for VictoryShares Nasdaq Next 50 ETF (QQQN) is 1.54%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 1.97%. This indicates that QQQN 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.