ASG vs. JEPQ
ASG (Liberty All-Star Growth) is a stock, while JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) is Nasdaq-100 fund tracking the Nasdaq-100 Index. Over the past 3 years, ASG returned 6.85%/yr vs 17.49%/yr for JEPQ. Their 0.74 correlation means they have sometimes moved together and sometimes differently. ASG charges 1.11%/yr vs 0.35%/yr for JEPQ.
Performance
ASG vs. JEPQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ASG achieves a 3.61% return, which is significantly lower than JEPQ's 6.05% return.
ASG
- 1D
- 0.78%
- 1M
- -3.71%
- 6M
- 2.29%
- YTD
- 3.61%
- 1Y
- 4.94%
- 3Y*
- 6.85%
- 5Y*
- -1.04%
- 10Y*
- 11.08%
- ALL TIME*
- 4.87%
JEPQ
- 1D
- 0.57%
- 1M
- -1.92%
- 6M
- 3.71%
- YTD
- 6.05%
- 1Y
- 19.59%
- 3Y*
- 17.49%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.74M | $1.40M | $1.42M | |
| $439.89M | $417.31M | $422.49M |
ASG vs. JEPQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ASG Liberty All-Star Growth | 3.61% | 2.21% | 16.78% | 16.23% | -21.32% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 6.05% | 15.18% | 24.85% | 36.28% | -11.16% |
Correlation
The correlation between ASG and JEPQ is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.73 |
Correlation (All Time) Calculated using the full available price history since May 4, 2022 | 0.74 |
The correlation between ASG and JEPQ has been stable across timeframes, ranging from 0.73 to 0.74 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ASG vs. JEPQ — Risk / Return Rank
ASG
JEPQ
ASG vs. JEPQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liberty All-Star Growth (ASG) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ASG | JEPQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.23 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | 2.02 | -1.90 |
| Martin ratioReturn relative to average drawdown | 0.44 | 8.30 | -7.87 |
Loading charts...
Drawdowns
ASG vs. JEPQ - Drawdown Comparison
The maximum ASG drawdown since its inception was -66.77%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for ASG and JEPQ.
Loading charts...
Drawdown Indicators
| ASG | JEPQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.77% | -20.07% | -46.70% |
Max Drawdown (1Y)Largest decline over 1 year | -15.77% | -8.82% | -6.95% |
Max Drawdown (3Y)Largest decline over 3 years | -25.25% | -20.07% | -5.18% |
Max Drawdown (5Y)Largest decline over 5 years | -45.91% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.91% | — | — |
Current DrawdownCurrent decline from peak | -19.48% | -4.23% | -15.25% |
Average DrawdownAverage peak-to-trough decline | -17.61% | -3.38% | -14.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.36% | 2.14% | +2.22% |
Volatility
ASG vs. JEPQ - Volatility Comparison
The current volatility for Liberty All-Star Growth (ASG) is 5.29%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 6.09%. This indicates that ASG experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ASG | JEPQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 6.09% | -0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 14.66% | 12.15% | +2.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.05% | 14.65% | +3.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.75% | 16.90% | +5.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.10% | 16.90% | +8.20% |
ASG vs. JEPQ - Expense Ratio Comparison
ASG has a 1.11% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Dividends
ASG vs. JEPQ - Dividend Comparison
ASG's dividend yield for the trailing twelve months is around 9.14%, less than JEPQ's 10.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASG Liberty All-Star Growth | 9.14% | 8.68% | 8.32% | 8.14% | 10.14% | 11.33% | 7.68% | 7.08% | 10.48% | 7.58% | 8.61% | 16.81% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.99% | 10.53% | 9.65% | 10.03% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ASG and JEPQ have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JEPQ has higher volatility (6.09%) compared to ASG (5.29%). In terms of maximum drawdown, ASG dropped -66.77% vs JEPQ's -20.07%.
JEPQ currently has the higher Sharpe Ratio (1.22 vs 0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ASG and JEPQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer