JEPI vs JEPQ comparison¶
JEPI vs JEPQ performance comment¶
Market Performance Metrics Overview¶
| Metric | JEPI | JEPQ |
|---|---|---|
| Data1 High | 55.98 | 51.91 |
| Data1 Low | 54.62 | 49.00 |
| Data1 Close | 55.64 | 51.74 |
| Data1 Start Price | 55.12 | 49.57 |
| Data1 Gain % | 0.94% | 4.38% |
| Data1 Annualized Gain % | 14.35% | 66.58% |
| Data1 Annualized Volatility % | 5.75% | 9.31% |
| Data1 Max Drawdown % | -0.67% | -1.11% |
| Data1 Sharpe Ratio | 2.77 | 7.79 |
Insights and Commentary¶
The comparison of the two markets, JEPI and JEPQ, over a 60-day period from December 16, 2023 to January 25, 2024, provides valuable insights into their performance metrics.
Start Price¶
The start price for JEPI was \(55.12** while JEPQ started at **\)49.57. This represents the initial value of each market at the beginning of the observed period.
Gain %¶
JEPI experienced a gain of 0.94%, while JEPQ saw a higher gain of 4.38%. This indicates a better performance for JEPQ in terms of percentage gain during the 60-day period.
Annualized Gain %¶
The annualized gain for JEPI stands at 14.35%, whereas JEPQ demonstrates a significantly higher annualized gain at 66.58%. This shows that JEPQ achieved much higher returns compared to JEPI over the observed period.
Annualized Volatility %¶
JEPI exhibited an annualized volatility of 5.75%, while JEPQ's annualized volatility was 9.31%. This suggests that JEPQ had higher price fluctuations compared to JEPI, indicating potentially higher risk associated with JEPQ.
Max Drawdown %¶
JEPI experienced a maximum drawdown of -0.67%, whereas JEPQ had a slightly higher maximum drawdown of -1.11%. This metric represents the maximum observed loss from a peak to a trough, providing insights into potential risk levels.
Sharpe Ratio¶
The Sharpe ratio, which measures the risk-adjusted return, was 2.77 for JEPI and a notably higher 7.79 for JEPQ. This indicates that JEPQ delivered better risk-adjusted returns compared to JEPI during the 60-day period.
Overall, when comparing the performance metrics of JEPI and JEPQ, it is evident that JEPQ outperformed JEPI in terms of gain percentages, annualized gains, and Sharpe ratio, while also exhibiting higher volatility and drawdown. This suggests that JEPQ may have delivered better returns, albeit with higher risk, during the observed period.
JEPI YTD Return (Daily)¶
Comment on YTD Total Returns Results of JEPI¶
Year-to-Date Performance¶
The YTD Open for JEPI was 54.88 and reached a high of 55.98 and a low of 54.62, closing at 55.64. This represents a YTD Gain of 0.94%, with an YTD Annualized Gain of 14.35%. The YTD Annualized Volatility is 5.75%, with a YTD Max Drawdown of -0.67%. The YTD Sharpe Ratio is 2.77, indicating strong risk-adjusted performance.
Previous Year Performance¶
In the previous year, JEPI had an Annualized Gain of 9.87% with an Annualized Volatility of 8.49%, and a Max Drawdown of -6.71%. The Sharpe Ratio for last year was 1.16, indicating lower risk-adjusted performance compared to the current year.
Historical Performance¶
Excluding the current year, JEPI had an Historical Annualized Volatility of 10.97% and an Historical Annualized Gain of 12.37%. The Max Drawdown during historical data was -13.71%. The Average Sharpe Ratio for all years, excluding the last, was 1.13, showing moderate risk-adjusted performance.
Current Market Status¶
The Current Last Close for JEPI was 55.64, with a gain of Last 5 Days Gain of 1.24%. The Moving Average 200 is at 52.95, the Moving Average 50 is at 54.45, and the Moving Average 5 is at 55.56. The Current Average Annualized Volatility is 5.03%, with the Average Annualized Volatility a Month Ago at 5.08%.
Market Commentary¶
The strong YTD performance of JEPI, with a Sharpe Ratio of 2.77, indicates a robust risk-adjusted return, outperforming the previous year's Sharpe Ratio of 1.16. The current closing price of 55.64 is above both the Moving Average 200 and the Moving Average 50, indicating a bullish trend. The YTD Annualized Gain of 14.35% is higher than the historical annualized gain of 12.37%, suggesting a positive market trend. However, investors should consider the YTD Max Drawdown of -0.67% as a risk metric, indicating potential downside risk. The current market conditions for JEPI show a positive trend, with the stock price above both the Moving Average 200 and Moving Average 50. The YTD performance and Sharpe Ratio indicate strong risk-adjusted returns, contributing to a positive market sentiment for the future.
JEPI Annual Dividends¶
| Year | Annual Dividend | Dividend Yield |
|---|---|---|
| 2023 | $4.62 | 8.35% |
| 2022 | $6.36 | 11.62% |
| 2021 | $4.16 | 6.54% |
| 2020 | $3.23 | 5.78% |
JEPI Montly Dividends¶
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.44 | $0.41 | $0.45 | $0.42 | $0.37 | $0.36 | $0.29 | $0.34 | $0.36 | $0.36 | $0.39 | $0.43 |
| 2022 | $0.38 | $0.46 | $0.59 | $0.47 | $0.52 | $0.62 | $0.5 | $0.56 | $0.48 | $0.61 | $0.61 | $0.57 |
| 2021 | $0.26 | $0.32 | $0.35 | $0.37 | $0.31 | $0.4 | $0.26 | $0.34 | $0.34 | $0.37 | $0.38 | $0.46 |
| 2020 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.49 | $0.29 | $0.45 | $0.43 | $0.51 | $0.5 | $0.54 |
Published: 2024-01-25
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