QQQY vs. JEPI
Compare and contrast key facts about Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and JPMorgan Equity Premium Income ETF (JEPI).
QQQY and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQY is an actively managed fund by Defiance ETFs. It was launched on Sep 13, 2023. 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: QQQY or JEPI.
Correlation
The correlation between QQQY and JEPI is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QQQY vs. JEPI - Performance Comparison
Key characteristics
QQQY:
-0.19
JEPI:
0.41
QQQY:
-0.12
JEPI:
0.67
QQQY:
0.98
JEPI:
1.11
QQQY:
-0.18
JEPI:
0.43
QQQY:
-0.57
JEPI:
1.99
QQQY:
5.88%
JEPI:
2.83%
QQQY:
17.62%
JEPI:
13.76%
QQQY:
-19.04%
JEPI:
-13.71%
QQQY:
-16.47%
JEPI:
-7.02%
Returns By Period
In the year-to-date period, QQQY achieves a -12.19% return, which is significantly lower than JEPI's -2.96% return.
QQQY
-12.19%
-10.38%
-13.46%
-4.56%
N/A
N/A
JEPI
-2.96%
-4.23%
-4.11%
4.70%
N/A
N/A
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QQQY vs. JEPI - Expense Ratio Comparison
QQQY has a 0.99% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
QQQY vs. JEPI — Risk-Adjusted Performance Rank
QQQY
JEPI
QQQY vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) 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
QQQY vs. JEPI - Dividend Comparison
QQQY's dividend yield for the trailing twelve months is around 92.79%, more than JEPI's 7.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF | 92.79% | 83.34% | 20.64% | 0.00% | 0.00% | 0.00% |
JEPI JPMorgan Equity Premium Income ETF | 7.90% | 7.33% | 8.40% | 11.67% | 6.59% | 5.79% |
Drawdowns
QQQY vs. JEPI - Drawdown Comparison
The maximum QQQY drawdown since its inception was -19.04%, which is greater than JEPI's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for QQQY and JEPI. For additional features, visit the drawdowns tool.
Volatility
QQQY vs. JEPI - Volatility Comparison
Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and JPMorgan Equity Premium Income ETF (JEPI) have volatilities of 11.06% and 11.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.