Skip to content

JEPQ vs QQQ comparison

JEPQ vs QQQ performance comment

Market Performance Metrics Overview

Metric Data1 Data2
High 51.91 429.85
Low 49.00 395.34
Close 51.74 425.83
Start Price 49.57 402.59
Gain % 4.38% 5.77%
Annualized Gain % 66.58% 87.79%
Annualized Volatility % 9.31% 13.96%
Max Drawdown % -1.11% -1.57%
Sharpe Ratio 7.79 6.83

The table above provides an overview of key market performance metrics for market tickers JEPQ and QQQ over a 60-day period.

Insights and Commentary

Both markets have displayed positive gain percentages over the evaluated timeframe, with Data2 (QQQ) showing a slightly higher gain of 5.77% compared to 4.38% for Data1 (JEPQ). The annualized gain percentage indicates the yearly growth rate of an investment, with Data2 (QQQ) leading in this aspect with a rate of 87.79% in comparison to 66.58% for Data1 (JEPQ). This suggests that investment in QQQ has potentially provided higher returns over a longer period.

The annualized volatility percentage, which measures the risk or uncertainty about the size of changes in a security's value, is also higher for Data2 at 13.96% compared to 9.31% for Data1. This implies that QQQ has experienced more fluctuations in its price, presenting a higher level of risk.

When considering risk, the maximum drawdown percentage is important as it represents the largest loss from a peak to a trough experienced by an investment. Both markets have shown relatively minimal drawdowns, with Data1 (JEPQ) having a drawdown of -1.11% and Data2 (QQQ) with a drawdown of -1.57%.

The Sharpe ratio measures the risk-adjusted return of an investment asset, relative to the risk-free rate of return. It is evident that Data1 (JEPQ) has a higher Sharpe ratio of 7.79 compared to 6.83 for Data2 (QQQ), indicating that JEPQ has provided a more favorable balance between risk and return.

In conclusion, while both markets have demonstrated positive performance over the 60-day period, QQQ has exhibited higher potential returns over a longer period, albeit with increased volatility. Conversely, JEPQ has shown a more favorable risk-adjusted return, providing a balanced performance relative to the level of risk.

JEPQ YTD Return (Daily)

Comment on YTD Total Returns Results of JEPQ

Year-To-Date Performance

The YTD Open for JEPQ in the year 2022 was 49.78, and the YTD Close on 2024-01-24 was 51.74, resulting in a YTD Gain % of 4.38. The YTD Annualized Gain % stands at 66.58, indicating healthy growth over the year. The YTD Annualized Volatility % of 9.31 reflects the level of fluctuation in the stock's price over the year. The YTD Max Drawdown % of -1.11 shows the maximum loss experienced from the peak value to the subsequent trough during the year.

Last Year Performance

In the preceding year, the Last Year Annualized Gain % was 36.70, with a Last Year Annualized Volatility % of 11.30. The Last Year Max Drawdown % was -6.60. The Last Year Sharpe Ratio of 2.86 suggests relatively lower risk compared to the current year.

Historical Performance

Excluding the current year, the Historical Annualized Volatility stood at 17.81%, indicating a higher level of price fluctuation over the long term. The Historical Annualized Gain for the prior years, excluding the current one, was 11.97%. The Max Drawdown in Data (excluding current year) was -16.82%, signaling the most significant loss experienced historically.

Market Risk and Volatility

The above-Average Sharpe Ratio for all years (excluding last) was 0.67, which indicates the risk-adjusted return of the stock, with a higher value meaning better risk-adjusted performance. The Current average annualized volatility is 8.83%, while the Average annualized volatility a month ago was 6.00%.

Current Market Condition

The Current last close is at 51.74, and the Current MA 200 is at 46.10, MA 50 at 49.36, and MA 5 at 51.42. These moving averages suggest that the stock price is currently higher than the short-term and long-term averages, which may indicate a bullish trend in the market. However, the Current last 5 days gain % of 2.05 is a positive indicator of short-term growth.

JEPQ Annual Dividends

Year Annual Dividend Dividend Yield
2023 $5.0 9.94%
2022 $3.85 9.51%

JEPQ Montly Dividends

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2023 $0.44 $0.43 $0.45 $0.48 $0.36 $0.37 $0.37 $0.45 $0.42 $0.42 $0.42 $0.39
2022 0.0 0.0 0.0 0.0 $0.38 $0.34 $0.41 $0.55 $0.38 $0.68 $0.55 $0.58

Published: 2024-01-25

Disclaimer: The analysis, opinions, and discussions presented in this content are provided for informational purposes only and are based on information that is believed to be accurate and reliable to the best of our knowledge. However, we do not guarantee the accuracy or completeness of this information, and it should not be relied upon as the sole factor in making investment decisions. This content does not constitute financial, investment, or other professional advice. Readers and participants are advised to independently verify the information provided here and consider their personal financial circumstances, as well as seek independent professional advice, before making any investment decisions. The author or presenter of this information does not assume responsibility for any potential financial outcomes resulting from decisions made based on this informational content.