5QQE.L vs. JEPQ.L

Last updated Jun 5, 2026

5QQE.L (Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR) and JEPQ.L (JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)) are both Nasdaq-100 funds. Both are actively managed. Over the past year, 5QQE.L returned 205.09% vs 26.73% for JEPQ.L. A 0.75 correlation means they provide meaningful diversification when combined. 5QQE.L charges 0.75%/yr vs 0.35%/yr for JEPQ.L.

Performance

5QQE.L vs. JEPQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR (5QQE.L) and JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEPQ.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

5QQE.L is traded in EUR, while JEPQ.L is traded in USD. To make them comparable, the JEPQ.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 5QQE.L achieves a 94.22% return, which is significantly higher than JEPQ.L's 9.99% return.

5QQE.L

• 1D: -3.82%
• 1M: 45.57%
• YTD: 94.22%
• 6M: 81.64%
• 1Y: 205.09%
• 3Y*: 69.77%
• 5Y*: —
• 10Y*: —

JEPQ.L

• 1D: -0.98%
• 1M: 4.35%
• YTD: 9.99%
• 6M: 10.53%
• 1Y: 26.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

5QQE.L vs. JEPQ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
5QQE.L Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR	94.22%	-9.64%	11.60%
JEPQ.L JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)	9.99%	1.15%	6.64%

Correlation

The correlation between 5QQE.L and JEPQ.L is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (All Time) Calculated using the full available price history since Nov 7, 2024	0.75

The correlation between 5QQE.L and JEPQ.L has been stable across timeframes, ranging from 0.69 to 0.75 - a consistent structural relationship.

5QQE.L vs. JEPQ.L - Sectors Allocation Comparison

Sectors	5QQE.L	JEPQ.L
Technology	54.2%	54.0%
Communication Services	15.5%	15.4%
Consumer Cyclical	12.2%	12.7%
Consumer Defensive	7.6%	7.1%
Healthcare	4.2%	4.4%
Industrials	2.8%	3.1%
Utilities	1.4%	1.3%
Basic Materials	1.2%	1.0%
Energy	0.6%	0.4%
Financial Services	0.2%	0.4%
Real Estate	0.1%	0.2%

Return for Risk

5QQE.L vs. JEPQ.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

5QQE.L

5QQE.L Risk / Return Rank: 67
5QQE.L Sharpe Ratio Rank: 83
5QQE.L Sortino Ratio Rank: 62
5QQE.L Omega Ratio Rank: 59
5QQE.L Calmar Ratio Rank: 74
5QQE.L Martin Ratio Rank: 57

JEPQ.L

JEPQ.L Risk / Return Rank: 77
JEPQ.L Sharpe Ratio Rank: 75
JEPQ.L Sortino Ratio Rank: 78
JEPQ.L Omega Ratio Rank: 80
JEPQ.L Calmar Ratio Rank: 71
JEPQ.L Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

5QQE.L vs. JEPQ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR (5QQE.L) and JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEPQ.L). 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.

	5QQE.L	JEPQ.L	Difference
Sharpe ratio: Return per unit of total volatility	2.64	2.08	+0.56
Sortino ratio: Return per unit of downside risk	2.84	2.90	-0.06
Omega ratio: Gain probability vs. loss probability	1.35	1.39	-0.04
Calmar ratio: Return relative to maximum drawdown	3.64	4.70	-1.06
Martin ratio: Return relative to average drawdown	9.85	16.58	-6.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

5QQE.L vs. JEPQ.L - Sharpe Ratio Comparison

The current 5QQE.L Sharpe Ratio is 2.64, which is comparable to the JEPQ.L Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of 5QQE.L and JEPQ.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	5QQE.L	JEPQ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.64	2.08	+0.56
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.68	-0.72

Drawdowns

5QQE.L vs. JEPQ.L - Drawdown Comparison

The maximum 5QQE.L drawdown since its inception was -96.05%, which is greater than JEPQ.L's maximum drawdown of -23.95%. Use the drawdown chart below to compare losses from any high point for 5QQE.L and JEPQ.L.

Drawdown Indicators

	5QQE.L	JEPQ.L	Difference
Max Drawdown Largest peak-to-trough decline	-96.05%	-23.95%	-72.10%
Max Drawdown (1Y) Largest decline over 1 year	-56.03%	-5.66%	-50.37%
Max Drawdown (3Y) Largest decline over 3 years	-80.97%	—	—
Current Drawdown Current decline from peak	-31.31%	-0.98%	-30.33%
Average Drawdown Average peak-to-trough decline	-74.99%	-5.87%	-69.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.72%	1.61%	+19.11%

Volatility

5QQE.L vs. JEPQ.L - Volatility Comparison

Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR (5QQE.L) has a higher volatility of 24.60% compared to JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEPQ.L) at 2.53%. This indicates that 5QQE.L's price experiences larger fluctuations and is considered to be riskier than JEPQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	5QQE.L	JEPQ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.60%	2.53%	+22.07%
Volatility (6M) Calculated over the trailing 6-month period	56.93%	9.28%	+47.65%
Volatility (1Y) Calculated over the trailing 1-year period	77.27%	12.80%	+64.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	108.77%	17.04%	+91.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	108.77%	17.04%	+91.73%

5QQE.L vs. JEPQ.L - Expense Ratio Comparison

5QQE.L has a 0.75% expense ratio, which is higher than JEPQ.L's 0.35% expense ratio.

Dividends

5QQE.L vs. JEPQ.L - Dividend Comparison

5QQE.L has not paid dividends to shareholders, while JEPQ.L's dividend yield for the trailing twelve months is around 10.20%.

Position	TTM	2025	2024
5QQE.L Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR	0.00%	0.00%	0.00%
JEPQ.L JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)	10.20%	10.06%	0.74%

Frequently Asked Questions

Can I hold both 5QQE.L and JEPQ.L in my portfolio?

5QQE.L and JEPQ.L have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 5QQE.L or JEPQ.L?

On fees, JEPQ.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 5QQE.L or JEPQ.L?

JEPQ.L is cheaper with a 0.35% expense ratio, compared with 0.75% for 5QQE.L.

What is the main difference between 5QQE.L and JEPQ.L?

They also come from different issuers: Leverage Shares and JPMorgan. Their fees differ too: 0.75% for 5QQE.L and 0.35% for JEPQ.L.