ZHDG vs. JEPQ
Compare and contrast key facts about ZEGA Buy and Hedge ETF (ZHDG) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
ZHDG and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZHDG is an actively managed fund by ZEGA. It was launched on Jul 6, 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: ZHDG or JEPQ.
Correlation
The correlation between ZHDG and JEPQ is 0.79, 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
ZHDG vs. JEPQ - Performance Comparison
Key characteristics
ZHDG:
1.62
JEPQ:
1.70
ZHDG:
2.17
JEPQ:
2.25
ZHDG:
1.30
JEPQ:
1.33
ZHDG:
1.62
JEPQ:
2.10
ZHDG:
9.46
JEPQ:
8.84
ZHDG:
1.91%
JEPQ:
2.54%
ZHDG:
11.15%
JEPQ:
13.25%
ZHDG:
-23.27%
JEPQ:
-16.82%
ZHDG:
-1.99%
JEPQ:
-1.61%
Returns By Period
In the year-to-date period, ZHDG achieves a 1.33% return, which is significantly lower than JEPQ's 2.92% return.
ZHDG
1.33%
-1.24%
5.31%
16.13%
N/A
N/A
JEPQ
2.92%
-0.08%
12.81%
20.33%
N/A
N/A
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ZHDG vs. JEPQ - Expense Ratio Comparison
ZHDG has a 0.98% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
ZHDG vs. JEPQ — Risk-Adjusted Performance Rank
ZHDG
JEPQ
ZHDG vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ZEGA Buy and Hedge ETF (ZHDG) 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
ZHDG vs. JEPQ - Dividend Comparison
ZHDG's dividend yield for the trailing twelve months is around 2.56%, less than JEPQ's 9.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
ZHDG ZEGA Buy and Hedge ETF | 2.56% | 2.59% | 1.52% | 3.58% | 1.33% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.64% | 9.65% | 10.02% | 9.44% | 0.00% |
Drawdowns
ZHDG vs. JEPQ - Drawdown Comparison
The maximum ZHDG drawdown since its inception was -23.27%, which is greater than JEPQ's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for ZHDG and JEPQ. For additional features, visit the drawdowns tool.
Volatility
ZHDG vs. JEPQ - Volatility Comparison
The current volatility for ZEGA Buy and Hedge ETF (ZHDG) is 2.91%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.56%. This indicates that ZHDG 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.