JPIE vs JPST: returns, Sharpe ratio and drawdown

Over the past year, JPST returned -0.77% against -3.12% for JPIE. Over five years, JPST averaged -0.10% a year, compared with -2.33% for JPIE. JPIE had the higher Sharpe ratio over the past year (-3.18 vs -4.06), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -1.10% for JPST and -4.04% for JPIE.