TBLD vs. JEPQ
Compare and contrast key facts about Thornburg Income Builder Opportunities Trust Common Stock (TBLD) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
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: TBLD or JEPQ.
Key characteristics
| TBLD | JEPQ | |
|---|---|---|
| YTD Return | 14.46% | 23.39% |
| 1Y Return | 20.37% | 28.15% |
| Sharpe Ratio | 1.89 | 2.38 |
| Sortino Ratio | 2.66 | 3.11 |
| Omega Ratio | 1.32 | 1.49 |
| Calmar Ratio | 1.61 | 2.71 |
| Martin Ratio | 12.05 | 11.74 |
| Ulcer Index | 1.87% | 2.48% |
| Daily Std Dev | 11.90% | 12.20% |
| Max Drawdown | -33.65% | -16.82% |
| Current Drawdown | -5.99% | 0.00% |
Correlation
The correlation between TBLD and JEPQ is 0.57, 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.
Performance
TBLD vs. JEPQ - Performance Comparison
In the year-to-date period, TBLD achieves a 14.46% return, which is significantly lower than JEPQ's 23.39% 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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Risk-Adjusted Performance
TBLD vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg Income Builder Opportunities Trust Common Stock (TBLD) 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
TBLD vs. JEPQ - Dividend Comparison
TBLD's dividend yield for the trailing twelve months is around 7.55%, less than JEPQ's 9.35% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
TBLD Thornburg Income Builder Opportunities Trust Common Stock | 7.55% | 8.06% | 8.02% | 2.79% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.35% | 10.02% | 9.44% | 0.00% |
Drawdowns
TBLD vs. JEPQ - Drawdown Comparison
The maximum TBLD drawdown since its inception was -33.65%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for TBLD and JEPQ. For additional features, visit the drawdowns tool.
Volatility
TBLD vs. JEPQ - Volatility Comparison
Thornburg Income Builder Opportunities Trust Common Stock (TBLD) has a higher volatility of 4.01% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 3.33%. This indicates that TBLD'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.