RDTE vs. JEPQ
Compare and contrast key facts about Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
RDTE and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RDTE is an actively managed fund by Roundhill. It was launched on Sep 9, 2024. JEPQ is an actively managed fund by JPMorgan Chase. It was launched on May 3, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RDTE or JEPQ.
Correlation
The correlation between RDTE and JEPQ 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
RDTE vs. JEPQ - Performance Comparison
Key characteristics
RDTE:
22.92%
JEPQ:
20.43%
RDTE:
-24.91%
JEPQ:
-20.07%
RDTE:
-20.44%
JEPQ:
-11.79%
Returns By Period
In the year-to-date period, RDTE achieves a -14.81% return, which is significantly lower than JEPQ's -7.74% return.
RDTE
-14.81%
-12.18%
-12.61%
N/A
N/A
N/A
JEPQ
-7.74%
-5.27%
-3.37%
7.78%
N/A
N/A
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RDTE vs. JEPQ - Expense Ratio Comparison
RDTE has a 0.95% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
RDTE vs. JEPQ — Risk-Adjusted Performance Rank
RDTE
JEPQ
RDTE vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). 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.
Not enough dataDividends
RDTE vs. JEPQ - Dividend Comparison
RDTE's dividend yield for the trailing twelve months is around 26.72%, more than JEPQ's 11.39% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
RDTE Roundhill Small Cap 0DTE Covered Call Strategy ETF | 26.72% | 10.70% | 0.00% | 0.00% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 11.39% | 9.65% | 10.02% | 9.44% |
Drawdowns
RDTE vs. JEPQ - Drawdown Comparison
The maximum RDTE drawdown since its inception was -24.91%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for RDTE and JEPQ. For additional features, visit the drawdowns tool.
Volatility
RDTE vs. JEPQ - Volatility Comparison
The current volatility for Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) is 11.58%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 14.74%. This indicates that RDTE experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.