WKLY vs. JEPI
Compare and contrast key facts about SoFi Weekly Dividend ETF (WKLY) and JPMorgan Equity Premium Income ETF (JEPI).
WKLY and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WKLY is a passively managed fund by Toroso Investments that tracks the performance of the SoFi Sustainable Dividend Index. It was launched on May 11, 2021. 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: WKLY or JEPI.
Key characteristics
| WKLY | JEPI |
|---|
Correlation
The correlation between WKLY and JEPI is 0.78, 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
WKLY vs. JEPI - Performance Comparison
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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WKLY vs. JEPI - Expense Ratio Comparison
WKLY has a 0.49% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
WKLY vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SoFi Weekly Dividend ETF (WKLY) 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
WKLY vs. JEPI - Dividend Comparison
WKLY 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 | |
|---|---|---|---|---|---|
WKLY SoFi Weekly Dividend ETF | 2.37% | 2.93% | 3.20% | 1.21% | 0.00% |
JEPI JPMorgan Equity Premium Income ETF | 7.34% | 8.40% | 11.68% | 6.59% | 5.79% |
Drawdowns
WKLY vs. JEPI - Drawdown Comparison
Volatility
WKLY vs. JEPI - Volatility Comparison
The current volatility for SoFi Weekly Dividend ETF (WKLY) is 0.00%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 2.68%. This indicates that WKLY 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.