THTA vs. JEPQ
Compare and contrast key facts about SoFi Enhanced Yield ETF (THTA) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
THTA and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. THTA is an actively managed fund by SoFi. It was launched on Nov 14, 2023. 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: THTA or JEPQ.
Performance
THTA vs. JEPQ - Performance Comparison
Returns By Period
In the year-to-date period, THTA achieves a 5.57% return, which is significantly lower than JEPQ's 23.21% return.
THTA
5.57%
1.73%
0.54%
6.59%
N/A
N/A
JEPQ
23.21%
3.95%
9.78%
26.98%
N/A
N/A
Key characteristics
| THTA | JEPQ | |
|---|---|---|
| Sharpe Ratio | 0.56 | 2.19 |
| Sortino Ratio | 0.68 | 2.86 |
| Omega Ratio | 1.27 | 1.45 |
| Calmar Ratio | 0.55 | 2.52 |
| Martin Ratio | 2.30 | 10.87 |
| Ulcer Index | 2.87% | 2.48% |
| Daily Std Dev | 11.84% | 12.33% |
| Max Drawdown | -11.94% | -16.82% |
| Current Drawdown | -2.20% | -0.14% |
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THTA vs. JEPQ - Expense Ratio Comparison
THTA has a 0.49% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Correlation
The correlation between THTA and JEPQ is 0.36, 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.
Risk-Adjusted Performance
THTA vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SoFi Enhanced Yield ETF (THTA) 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
THTA vs. JEPQ - Dividend Comparison
THTA's dividend yield for the trailing twelve months is around 12.13%, more than JEPQ's 9.36% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
THTA SoFi Enhanced Yield ETF | 12.13% | 0.58% | 0.00% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.36% | 10.02% | 9.44% |
Drawdowns
THTA vs. JEPQ - Drawdown Comparison
The maximum THTA drawdown since its inception was -11.94%, smaller than the maximum JEPQ drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for THTA and JEPQ. For additional features, visit the drawdowns tool.
Volatility
THTA vs. JEPQ - Volatility Comparison
The current volatility for SoFi Enhanced Yield ETF (THTA) is 1.29%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.69%. This indicates that THTA experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.