YBIT vs. JEPQ
Compare and contrast key facts about YieldMax Bitcoin Option Income Strategy ETF (YBIT) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
YBIT and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YBIT is an actively managed fund by YieldMax. It was launched on Apr 22, 2024. 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: YBIT or JEPQ.
Correlation
The correlation between YBIT and JEPQ is 0.40, 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
YBIT vs. JEPQ - Performance Comparison
Key characteristics
YBIT:
41.14%
JEPQ:
13.19%
YBIT:
-29.01%
JEPQ:
-16.82%
YBIT:
-6.45%
JEPQ:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with YBIT having a 4.20% return and JEPQ slightly lower at 4.17%.
YBIT
4.20%
-4.10%
22.23%
N/A
N/A
N/A
JEPQ
4.17%
2.55%
14.16%
23.33%
N/A
N/A
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YBIT vs. JEPQ - Expense Ratio Comparison
YBIT has a 0.99% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
YBIT vs. JEPQ — Risk-Adjusted Performance Rank
YBIT
JEPQ
YBIT vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Bitcoin Option Income Strategy ETF (YBIT) 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.
Not enough dataDividends
YBIT vs. JEPQ - Dividend Comparison
YBIT's dividend yield for the trailing twelve months is around 67.64%, more than JEPQ's 9.53% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
YBIT YieldMax Bitcoin Option Income Strategy ETF | 67.64% | 60.00% | 0.00% | 0.00% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.53% | 9.66% | 10.02% | 9.44% |
Drawdowns
YBIT vs. JEPQ - Drawdown Comparison
The maximum YBIT drawdown since its inception was -29.01%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for YBIT and JEPQ. For additional features, visit the drawdowns tool.
Volatility
YBIT vs. JEPQ - Volatility Comparison
YieldMax Bitcoin Option Income Strategy ETF (YBIT) has a higher volatility of 7.86% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 3.57%. This indicates that YBIT's price experiences larger fluctuations and is considered to be riskier than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.