JPEF vs MLPD
JPMorgan Equity Focus ETF vs Global X MLP & Energy Infrastructure Covered Call ETF
Which is better, JPEF or MLPD?
Each has led over a different period.
JPEF has a lower expense ratio. JPEF led over the full window, MLPD over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JPEF | MLPD |
|---|---|---|
| Expense Ratio | 0.44%Best | 0.60% |
| AUM | $2.1B | $26M |
| Dividend Yield | 0.64% | 14.22% |
| Holdings | 84 | 8 |
| YTD Return | +9.64%Best | +8.18% |
| 1Y Return | +11.56% | +14.48%Best |
| 3Y Return (annualized) | +19.60% | - |
| Volatility (annualized) | 10.9% | 7.6%Best |
| Max Drawdown | -18.1% | -13.8%Best |
| $10,000 over 2.4 years | $13,988Best | $13,143 |
| Fund Family | J.P. Morgan Asset Management | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 10, 2023 | May 7, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 8, 2024 to Oct 14, 2026 (2.4 years).
JPEF vs MLPD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.
JPEF vs MLPD Performance
JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management and Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) is an ETF from Global X by mirae Asset. Over the past year JPEF returned +11.56% while MLPD returned +14.48%. Year to date, JPEF is up 9.64% versus a gain of 8.18% for MLPD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPEF has been the more volatile fund, with annualized monthly volatility of 10.9% compared with 7.6% for MLPD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.1% for JPEF and -13.8% for MLPD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.13. They move largely independently of each other.
Fees and Cost Over Time
JPEF charges 0.44% per year while MLPD charges 0.60%. On a $10,000 position that is $44 vs $60 annually, a gap of $16 per year that compounds over a long holding period. On income, JPEF currently yields 0.64% against 14.22% for MLPD.
Holdings Overlap
We hold position weights for 41 holdings in JPEF and 1 in MLPD, totalling 100.0% and 100.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 41 positions we hold weights for in JPEF and 1 in MLPD, against full books of 84 and 8.
You are not choosing between two funds in isolation.
Whichever of JPEF and MLPD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JPEF or MLPD?
JPEF has an expense ratio of 0.44% while MLPD charges 0.60%. JPEF is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, JPEF or MLPD?
Over the past year JPEF returned +11.56% vs +14.48% for MLPD, so MLPD leads on 1-year performance. Over the longest common window we track (2 years), JPEF annualized +15.01% vs +12.06% for MLPD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPEF or MLPD?
JPEF has been the more volatile fund at 10.9% annualized versus 7.6% for MLPD. Worst drawdown: JPEF -18.1% vs MLPD -13.8%.
Should I hold both JPEF and MLPD?
JPEF and MLPD have a monthly-return correlation of 0.13, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, JPEF or MLPD?
JPEF yields 0.64% while MLPD yields 14.22%, so MLPD currently pays the higher dividend yield.
Is MLPD better than JPEF?
JPEF has a lower expense ratio. JPEF led over the full window, MLPD over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.