UFEB vs. JEPI
Compare and contrast key facts about Innovator U.S. Equity Ultra Buffer ETF - February (UFEB) and JPMorgan Equity Premium Income ETF (JEPI).
UFEB and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UFEB is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect February Series Index. It was launched on Feb 3, 2020. 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: UFEB or JEPI.
Key characteristics
| UFEB | JEPI | |
|---|---|---|
| YTD Return | 7.48% | 6.12% |
| 1Y Return | 13.78% | 10.46% |
| 3Y Return (Ann) | 4.92% | 6.97% |
| Sharpe Ratio | 2.56 | 1.61 |
| Daily Std Dev | 5.73% | 7.07% |
| Max Drawdown | -13.32% | -13.71% |
| Current Drawdown | -0.08% | -0.61% |
Correlation
The correlation between UFEB and JEPI is 0.72, 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
UFEB vs. JEPI - Performance Comparison
In the year-to-date period, UFEB achieves a 7.48% return, which is significantly higher than JEPI's 6.12% 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.
UFEB vs. JEPI - Expense Ratio Comparison
UFEB has a 0.79% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
UFEB vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - February (UFEB) 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
UFEB vs. JEPI - Dividend Comparison
UFEB has not paid dividends to shareholders, while JEPI's dividend yield for the trailing twelve months is around 7.34%.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
UFEB Innovator U.S. Equity Ultra Buffer ETF - February | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JEPI JPMorgan Equity Premium Income ETF | 7.34% | 8.40% | 11.68% | 6.59% | 5.79% |
Drawdowns
UFEB vs. JEPI - Drawdown Comparison
The maximum UFEB drawdown since its inception was -13.32%, roughly equal to the maximum JEPI drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for UFEB and JEPI. For additional features, visit the drawdowns tool.
Volatility
UFEB vs. JEPI - Volatility Comparison
The current volatility for Innovator U.S. Equity Ultra Buffer ETF - February (UFEB) is 0.89%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 1.47%. This indicates that UFEB 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.