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JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)

ETF · Currency in USD · Last updated May 27, 2023

JPMorgan Equity Premium Income ETF (JEPQ) is an actively managed exchange-traded fund (ETF). It is designed to provide investors with a diversified portfolio of equity securities with the potential for high income and capital appreciation. The ETF is managed by a team of investment professionals at JPMorgan Asset Management, who use a bottom-up, fundamental analysis approach to identify companies with solid cash flow and dividend growth potential.

The ETF invests in a diversified portfolio of equity securities of companies that are publicly traded in the U.S. and other developed markets. The fund's portfolio is diversified across sectors, market capitalizations, and geographies and is rebalanced periodically to ensure that it remains aligned with its investment objective.

JEPQ was launched on May 3, 2022, with an expense ratio of 0.35%.

ETF Info

ISINUS46654Q2030
CUSIP46654Q203
IssuerJPMorgan Chase
Inception DateMay 3, 2022
RegionNorth America (U.S.)
CategoryActively Managed, Large Cap Growth Equities, Dividend
Index TrackedNo Index (Active)
ETF Home Pageam.jpmorgan.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

The JPMorgan Nasdaq Equity Premium Income ETF has a high expense ratio of 0.35%, indicating higher-than-average management fees.


0.35%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in JPMorgan Nasdaq Equity Premium Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%December2023FebruaryMarchAprilMay
5.33%
-2.20%
JEPQ (JPMorgan Nasdaq Equity Premium Income ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with JEPQ

Return

JPMorgan Nasdaq Equity Premium Income ETF had a return of 20.91% year-to-date (YTD) and 9.35% in the last 12 months. Over the past 10 years, JPMorgan Nasdaq Equity Premium Income ETF had an annualized return of 5.02%, while the S&P 500 had an annualized return of -2.08%, indicating that JPMorgan Nasdaq Equity Premium Income ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month4.54%0.86%
Year-To-Date20.91%9.53%
6 months15.01%4.45%
1 year9.35%1.14%
5 years (annualized)5.02%-2.08%
10 years (annualized)5.02%-2.08%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20236.25%-0.74%6.96%2.54%
20224.48%5.14%-6.09%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and S&P 500 (^GSPC). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
0.73
^GSPC
S&P 500
0.27

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current JPMorgan Nasdaq Equity Premium Income ETF Sharpe ratio is 0.73. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


0.000.200.400.600.80Tue 09Thu 11Sat 13Mon 15Wed 17Fri 19May 21Tue 23Thu 25
0.73
0.27
JEPQ (JPMorgan Nasdaq Equity Premium Income ETF)
Benchmark (^GSPC)

Dividend History

JPMorgan Nasdaq Equity Premium Income ETF granted a 11.96% dividend yield in the last twelve months. The annual payout for that period amounted to $5.66 per share.


PeriodTTM2022
Dividend$5.66$3.85

Dividend yield

11.96%9.84%

Monthly Dividends

The table displays the monthly dividend distributions for JPMorgan Nasdaq Equity Premium Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.44$0.43$0.45
2022$0.38$0.34$0.41$0.55$0.38$0.68$1.12

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%December2023FebruaryMarchAprilMay0
-2.32%
JEPQ (JPMorgan Nasdaq Equity Premium Income ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the JPMorgan Nasdaq Equity Premium Income ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the JPMorgan Nasdaq Equity Premium Income ETF is 16.82%, recorded on Oct 14, 2022. It took 133 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.82%May 5, 2022113Oct 14, 2022133Apr 27, 2023246
-1.21%May 2, 20233May 4, 20231May 5, 20234
-0.79%May 19, 20234May 24, 20231May 25, 20235
-0.39%May 9, 20231May 9, 20231May 10, 20232
-0.17%May 12, 20231May 12, 20231May 15, 20232

Volatility Chart

The current JPMorgan Nasdaq Equity Premium Income ETF volatility is 2.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%December2023FebruaryMarchAprilMay
2.67%
3.82%
JEPQ (JPMorgan Nasdaq Equity Premium Income ETF)
Benchmark (^GSPC)