ZMMK.TO vs. JEPQ
Compare and contrast key facts about BMO Money Market Fund ETF Series (ZMMK.TO) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
ZMMK.TO and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZMMK.TO is an actively managed fund by BMO. It was launched on Nov 28, 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: ZMMK.TO or JEPQ.
Correlation
The correlation between ZMMK.TO and JEPQ is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ZMMK.TO vs. JEPQ - Performance Comparison
Key characteristics
ZMMK.TO:
14.21
JEPQ:
1.79
ZMMK.TO:
45.71
JEPQ:
2.37
ZMMK.TO:
16.36
JEPQ:
1.35
ZMMK.TO:
76.03
JEPQ:
2.20
ZMMK.TO:
527.04
JEPQ:
9.30
ZMMK.TO:
0.01%
JEPQ:
2.54%
ZMMK.TO:
0.32%
JEPQ:
13.17%
ZMMK.TO:
-0.16%
JEPQ:
-16.82%
ZMMK.TO:
0.00%
JEPQ:
-0.19%
Returns By Period
In the year-to-date period, ZMMK.TO achieves a 0.40% return, which is significantly lower than JEPQ's 4.40% return.
ZMMK.TO
0.40%
0.28%
2.00%
4.54%
N/A
N/A
JEPQ
4.40%
2.26%
15.27%
24.58%
N/A
N/A
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ZMMK.TO vs. JEPQ - Expense Ratio Comparison
ZMMK.TO has a 0.13% expense ratio, which is lower than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
ZMMK.TO vs. JEPQ — Risk-Adjusted Performance Rank
ZMMK.TO
JEPQ
ZMMK.TO vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Money Market Fund ETF Series (ZMMK.TO) 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
ZMMK.TO vs. JEPQ - Dividend Comparison
ZMMK.TO's dividend yield for the trailing twelve months is around 4.54%, less than JEPQ's 9.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
ZMMK.TO BMO Money Market Fund ETF Series | 4.54% | 4.66% | 4.98% | 1.95% | 0.04% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.51% | 9.66% | 10.02% | 9.44% | 0.00% |
Drawdowns
ZMMK.TO vs. JEPQ - Drawdown Comparison
The maximum ZMMK.TO drawdown since its inception was -0.16%, smaller than the maximum JEPQ drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for ZMMK.TO and JEPQ. For additional features, visit the drawdowns tool.
Volatility
ZMMK.TO vs. JEPQ - Volatility Comparison
The current volatility for BMO Money Market Fund ETF Series (ZMMK.TO) is 1.66%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 3.33%. This indicates that ZMMK.TO 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.