Correlation
The correlation between SIXA and JEPQ is 0.84, 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.
SIXA vs. JEPQ
Compare and contrast key facts about 6 Meridian Mega Cap Equity ETF (SIXA) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
SIXA and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIXA is an actively managed fund by Exchange Traded Concepts. It was launched on May 11, 2020. 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: SIXA or JEPQ.
Performance
SIXA vs. JEPQ - Performance Comparison
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Key characteristics
SIXA:
1.39
JEPQ:
0.43
SIXA:
1.87
JEPQ:
0.67
SIXA:
1.28
JEPQ:
1.10
SIXA:
1.70
JEPQ:
0.38
SIXA:
7.53
JEPQ:
1.30
SIXA:
2.53%
JEPQ:
5.88%
SIXA:
14.42%
JEPQ:
20.30%
SIXA:
-18.38%
JEPQ:
-20.07%
SIXA:
0.00%
JEPQ:
-7.23%
Returns By Period
In the year-to-date period, SIXA achieves a 8.33% return, which is significantly higher than JEPQ's -2.97% return.
SIXA
8.33%
2.24%
3.13%
19.94%
13.66%
14.90%
N/A
JEPQ
-2.97%
3.72%
-2.54%
8.58%
14.33%
N/A
N/A
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SIXA vs. JEPQ - Expense Ratio Comparison
SIXA has a 0.86% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
SIXA vs. JEPQ — Risk-Adjusted Performance Rank
SIXA
JEPQ
SIXA vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for 6 Meridian Mega Cap Equity ETF (SIXA) 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.
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Dividends
SIXA vs. JEPQ - Dividend Comparison
SIXA's dividend yield for the trailing twelve months is around 1.92%, less than JEPQ's 11.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
SIXA 6 Meridian Mega Cap Equity ETF | 1.92% | 1.62% | 2.12% | 2.23% | 1.63% | 1.13% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 11.27% | 9.65% | 10.02% | 9.44% | 0.00% | 0.00% |
Drawdowns
SIXA vs. JEPQ - Drawdown Comparison
The maximum SIXA drawdown since its inception was -18.38%, smaller than the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for SIXA and JEPQ.
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Volatility
SIXA vs. JEPQ - Volatility Comparison
6 Meridian Mega Cap Equity ETF (SIXA) has a higher volatility of 3.73% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 2.06%. This indicates that SIXA'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.
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