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ROOT vs. JEPQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

ROOT vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Root, Inc. (ROOT) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JuneJulyAugustSeptemberOctoberNovember
95.67%
9.93%
ROOT
JEPQ

Returns By Period

In the year-to-date period, ROOT achieves a 943.89% return, which is significantly higher than JEPQ's 22.99% return.


ROOT

YTD

943.89%

1M

175.36%

6M

95.67%

1Y

1,060.13%

5Y (annualized)

N/A

10Y (annualized)

N/A

JEPQ

YTD

22.99%

1M

2.81%

6M

9.92%

1Y

26.76%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


ROOTJEPQ
Sharpe Ratio8.012.20
Sortino Ratio5.682.88
Omega Ratio1.711.45
Calmar Ratio10.782.53
Martin Ratio32.7610.94
Ulcer Index32.40%2.48%
Daily Std Dev132.57%12.33%
Max Drawdown-99.29%-16.82%
Current Drawdown-77.49%-0.32%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Correlation

-0.50.00.51.00.3

The correlation between ROOT and JEPQ is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

ROOT vs. JEPQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Root, Inc. (ROOT) 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.


Sharpe ratio
The chart of Sharpe ratio for ROOT, currently valued at 8.01, compared to the broader market-4.00-2.000.002.004.008.012.20
The chart of Sortino ratio for ROOT, currently valued at 5.68, compared to the broader market-4.00-2.000.002.004.005.682.88
The chart of Omega ratio for ROOT, currently valued at 1.71, compared to the broader market0.501.001.502.001.711.45
The chart of Calmar ratio for ROOT, currently valued at 13.52, compared to the broader market0.002.004.006.0013.522.53
The chart of Martin ratio for ROOT, currently valued at 32.76, compared to the broader market0.0010.0020.0030.0032.7610.94
ROOT
JEPQ

The current ROOT Sharpe Ratio is 8.01, which is higher than the JEPQ Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of ROOT and JEPQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.002.004.006.008.00JuneJulyAugustSeptemberOctoberNovember
8.01
2.20
ROOT
JEPQ

Dividends

ROOT vs. JEPQ - Dividend Comparison

ROOT has not paid dividends to shareholders, while JEPQ's dividend yield for the trailing twelve months is around 9.38%.


TTM20232022
ROOT
Root, Inc.
0.00%0.00%0.00%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
9.38%10.02%9.44%

Drawdowns

ROOT vs. JEPQ - Drawdown Comparison

The maximum ROOT drawdown since its inception was -99.29%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for ROOT and JEPQ. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.32%
ROOT
JEPQ

Volatility

ROOT vs. JEPQ - Volatility Comparison

Root, Inc. (ROOT) has a higher volatility of 53.67% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 3.71%. This indicates that ROOT's price experiences larger fluctuations and is considered to be riskier than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%JuneJulyAugustSeptemberOctoberNovember
53.67%
3.71%
ROOT
JEPQ