WKLY vs. JEPQ
Compare and contrast key facts about SoFi Weekly Dividend ETF (WKLY) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
WKLY and JEPQ 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. 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: WKLY or JEPQ.
Key characteristics
| WKLY | JEPQ |
|---|
Correlation
The correlation between WKLY 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
WKLY vs. JEPQ - 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. JEPQ - Expense Ratio Comparison
WKLY has a 0.49% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
WKLY vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SoFi Weekly Dividend ETF (WKLY) 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
WKLY vs. JEPQ - Dividend Comparison
WKLY has not paid dividends to shareholders, while JEPQ's dividend yield for the trailing twelve months is around 9.37%.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
WKLY SoFi Weekly Dividend ETF | 1.36% | 2.93% | 3.20% | 1.21% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.37% | 10.02% | 9.44% | 0.00% |
Drawdowns
WKLY vs. JEPQ - Drawdown Comparison
Volatility
WKLY vs. JEPQ - Volatility Comparison
The current volatility for SoFi Weekly Dividend ETF (WKLY) is 0.00%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.35%. This indicates that WKLY 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.