STIP vs. JEPI
Compare and contrast key facts about iShares 0-5 Year TIPS Bond ETF (STIP) and JPMorgan Equity Premium Income ETF (JEPI).
STIP and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. STIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Dec 1, 2010. 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: STIP or JEPI.
Key characteristics
| STIP | JEPI | |
|---|---|---|
| YTD Return | 1.03% | 3.60% |
| 1Y Return | 2.87% | 10.43% |
| 3Y Return (Ann) | 1.94% | 7.05% |
| Sharpe Ratio | 1.26 | 1.34 |
| Daily Std Dev | 2.48% | 7.25% |
| Max Drawdown | -5.50% | -13.71% |
| Current Drawdown | 0.00% | -2.60% |
Correlation
The correlation between STIP and JEPI is 0.21, 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
STIP vs. JEPI - Performance Comparison
In the year-to-date period, STIP achieves a 1.03% return, which is significantly lower than JEPI's 3.60% return. 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.
STIP vs. JEPI - Expense Ratio Comparison
STIP has a 0.06% expense ratio, which is lower than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
STIP vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-5 Year TIPS Bond ETF (STIP) 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
STIP vs. JEPI - Dividend Comparison
STIP's dividend yield for the trailing twelve months is around 2.81%, less than JEPI's 7.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STIP iShares 0-5 Year TIPS Bond ETF | 2.81% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.44% | 1.59% | 0.89% | 0.00% | 0.74% | 0.31% |
JEPI JPMorgan Equity Premium Income ETF | 7.48% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
STIP vs. JEPI - Drawdown Comparison
The maximum STIP drawdown since its inception was -5.50%, smaller than the maximum JEPI drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for STIP and JEPI. For additional features, visit the drawdowns tool.
Volatility
STIP vs. JEPI - Volatility Comparison
The current volatility for iShares 0-5 Year TIPS Bond ETF (STIP) is 0.65%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 2.64%. This indicates that STIP 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.