RYE vs. JEPI
Compare and contrast key facts about Invesco S&P 500® Equal Weight Energy ETF (RYE) and JPMorgan Equity Premium Income ETF (JEPI).
RYE and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RYE is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Energy -SEC. It was launched on Nov 1, 2006. 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: RYE or JEPI.
Key characteristics
| RYE | JEPI |
|---|
Correlation
The correlation between RYE and JEPI is 0.34, 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.
Performance
RYE vs. JEPI - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYE vs. JEPI - Expense Ratio Comparison
RYE has a 0.40% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
RYE vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Energy ETF (RYE) 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
RYE vs. JEPI - Dividend Comparison
RYE has not paid dividends to shareholders, while JEPI's dividend yield for the trailing twelve months is around 7.26%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYE Invesco S&P 500® Equal Weight Energy ETF | 2.66% | 2.84% | 3.43% | 2.37% | 3.15% | 2.15% | 2.18% | 2.55% | 1.14% | 2.80% | 1.97% | 0.98% |
JEPI JPMorgan Equity Premium Income ETF | 7.26% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYE vs. JEPI - Drawdown Comparison
Volatility
RYE vs. JEPI - Volatility Comparison
The current volatility for Invesco S&P 500® Equal Weight Energy ETF (RYE) is 0.00%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 1.90%. This indicates that RYE 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.