Correlation
The correlation between SIXH and JEPQ is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
SIXH vs. JEPQ
Compare and contrast key facts about 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
SIXH and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIXH 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: SIXH or JEPQ.
Performance
SIXH vs. JEPQ - Performance Comparison
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Key characteristics
SIXH:
0.90
JEPQ:
0.43
SIXH:
1.31
JEPQ:
0.67
SIXH:
1.20
JEPQ:
1.10
SIXH:
1.17
JEPQ:
0.38
SIXH:
5.17
JEPQ:
1.30
SIXH:
2.06%
JEPQ:
5.88%
SIXH:
11.75%
JEPQ:
20.30%
SIXH:
-11.68%
JEPQ:
-20.07%
SIXH:
-1.89%
JEPQ:
-7.23%
Returns By Period
In the year-to-date period, SIXH achieves a 5.95% return, which is significantly higher than JEPQ's -2.97% return.
SIXH
5.95%
-0.41%
2.40%
9.22%
9.26%
10.75%
N/A
JEPQ
-2.97%
2.21%
-2.54%
8.36%
14.33%
N/A
N/A
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SIXH vs. JEPQ - Expense Ratio Comparison
SIXH has a 0.87% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
SIXH vs. JEPQ — Risk-Adjusted Performance Rank
SIXH
JEPQ
SIXH vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) 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
SIXH vs. JEPQ - Dividend Comparison
SIXH's dividend yield for the trailing twelve months is around 1.83%, less than JEPQ's 11.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF | 1.83% | 1.55% | 2.04% | 2.06% | 1.65% | 1.10% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 11.27% | 9.65% | 10.02% | 9.44% | 0.00% | 0.00% |
Drawdowns
SIXH vs. JEPQ - Drawdown Comparison
The maximum SIXH drawdown since its inception was -11.68%, smaller than the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for SIXH and JEPQ.
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Volatility
SIXH vs. JEPQ - Volatility Comparison
6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) has a higher volatility of 3.43% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 2.06%. This indicates that SIXH'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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