TYLG vs. JPST
Compare and contrast key facts about Global X Information Technology Covered Call & Growth ETF (TYLG) and JPMorgan Ultra-Short Income ETF (JPST).
TYLG and JPST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TYLG is a passively managed fund by Global X that tracks the performance of the Cboe S&P Technology Select Sector Half BuyWrite Index - Benchmark TR Gross. It was launched on Nov 21, 2022. JPST is an actively managed fund by JPMorgan Chase. It was launched on May 17, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TYLG or JPST.
Correlation
The correlation between TYLG and JPST is 0.05, 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
TYLG vs. JPST - Performance Comparison
Key characteristics
TYLG:
1.09
JPST:
10.99
TYLG:
1.52
JPST:
24.83
TYLG:
1.21
JPST:
5.61
TYLG:
1.36
JPST:
56.50
TYLG:
5.58
JPST:
298.14
TYLG:
3.54%
JPST:
0.02%
TYLG:
18.21%
JPST:
0.51%
TYLG:
-14.53%
JPST:
-3.28%
TYLG:
0.00%
JPST:
0.00%
Returns By Period
In the year-to-date period, TYLG achieves a 3.99% return, which is significantly higher than JPST's 0.68% return.
TYLG
3.99%
3.00%
10.84%
21.55%
N/A
N/A
JPST
0.68%
0.44%
2.33%
5.55%
2.87%
N/A
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TYLG vs. JPST - Expense Ratio Comparison
TYLG has a 0.60% expense ratio, which is higher than JPST's 0.18% expense ratio.
Risk-Adjusted Performance
TYLG vs. JPST — Risk-Adjusted Performance Rank
TYLG
JPST
TYLG vs. JPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Information Technology Covered Call & Growth ETF (TYLG) and JPMorgan Ultra-Short Income ETF (JPST). 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
TYLG vs. JPST - Dividend Comparison
TYLG's dividend yield for the trailing twelve months is around 6.47%, more than JPST's 5.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
TYLG Global X Information Technology Covered Call & Growth ETF | 6.47% | 7.24% | 11.90% | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPST JPMorgan Ultra-Short Income ETF | 5.09% | 5.16% | 4.80% | 1.83% | 0.73% | 1.43% | 2.68% | 2.07% | 0.96% |
Drawdowns
TYLG vs. JPST - Drawdown Comparison
The maximum TYLG drawdown since its inception was -14.53%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for TYLG and JPST. For additional features, visit the drawdowns tool.
Volatility
TYLG vs. JPST - Volatility Comparison
Global X Information Technology Covered Call & Growth ETF (TYLG) has a higher volatility of 5.83% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.13%. This indicates that TYLG's price experiences larger fluctuations and is considered to be riskier than JPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.