STRV vs. JEPQ
Compare and contrast key facts about Strive 500 ETF (STRV) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
STRV and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. STRV is a passively managed fund by Strive that tracks the performance of the Bloomberg US Large Cap Index. It was launched on Sep 15, 2022. 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: STRV or JEPQ.
Key characteristics
| STRV | JEPQ | |
|---|---|---|
| YTD Return | 26.92% | 23.36% |
| 1Y Return | 37.76% | 29.05% |
| Sharpe Ratio | 2.97 | 2.38 |
| Sortino Ratio | 3.94 | 3.11 |
| Omega Ratio | 1.55 | 1.49 |
| Calmar Ratio | 4.38 | 2.71 |
| Martin Ratio | 19.50 | 11.74 |
| Ulcer Index | 1.93% | 2.48% |
| Daily Std Dev | 12.68% | 12.20% |
| Max Drawdown | -9.84% | -16.82% |
| Current Drawdown | -0.31% | 0.00% |
Correlation
The correlation between STRV and JEPQ is 0.90, 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.
Performance
STRV vs. JEPQ - Performance Comparison
In the year-to-date period, STRV achieves a 26.92% return, which is significantly higher than JEPQ's 23.36% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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STRV vs. JEPQ - Expense Ratio Comparison
STRV has a 0.05% expense ratio, which is lower than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
STRV vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strive 500 ETF (STRV) 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.
Dividends
STRV vs. JEPQ - Dividend Comparison
STRV's dividend yield for the trailing twelve months is around 1.10%, less than JEPQ's 9.35% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
STRV Strive 500 ETF | 1.10% | 1.21% | 0.37% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.35% | 10.02% | 9.44% |
Drawdowns
STRV vs. JEPQ - Drawdown Comparison
The maximum STRV drawdown since its inception was -9.84%, smaller than the maximum JEPQ drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for STRV and JEPQ. For additional features, visit the drawdowns tool.
Volatility
STRV vs. JEPQ - Volatility Comparison
Strive 500 ETF (STRV) has a higher volatility of 3.98% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 3.39%. This indicates that STRV'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.