CALM vs. JEPQ
CALM (Cal-Maine Foods, Inc.) 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, CALM returned 24.07%/yr vs 20.83%/yr for JEPQ. At a 0.12 correlation, their price movements are largely independent.
Performance
CALM vs. JEPQ - Performance Comparison
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Returns By Period
In the year-to-date period, CALM achieves a -1.01% return, which is significantly lower than JEPQ's 10.52% return.
CALM
- 1D
- -0.73%
- 1M
- -0.68%
- YTD
- -1.01%
- 6M
- -8.09%
- 1Y
- -20.64%
- 3Y*
- 24.07%
- 5Y*
- 22.74%
- 10Y*
- 9.71%
JEPQ
- 1D
- 1.61%
- 1M
- 3.22%
- YTD
- 10.52%
- 6M
- 10.65%
- 1Y
- 29.09%
- 3Y*
- 20.83%
- 5Y*
- —
- 10Y*
- —
CALM vs. JEPQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CALM Cal-Maine Foods, Inc. | -1.01% | -15.61% | 87.00% | 14.48% | 2.95% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 10.52% | 15.18% | 24.85% | 36.28% | -11.16% |
Correlation
The correlation between CALM and JEPQ is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since May 4, 2022 | 0.12 |
The correlation between CALM and JEPQ shifts across timeframes, from -0.06 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CALM vs. JEPQ — Risk / Return Rank
CALM
JEPQ
CALM vs. JEPQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cal-Maine Foods, Inc. (CALM) 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.
| CALM | JEPQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.91 | ||
| Sortino ratioReturn per unit of downside risk | -3.79 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.45 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 3.31 | -3.87 |
| Martin ratioReturn relative to average drawdown | -0.85 | 15.77 | -16.62 |
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Drawdowns
CALM vs. JEPQ - Drawdown Comparison
The maximum CALM drawdown since its inception was -74.08%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for CALM and JEPQ.
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Drawdown Indicators
| CALM | JEPQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.08% | -20.07% | -54.01% |
Max Drawdown (1Y)Largest decline over 1 year | -37.00% | -8.82% | -28.18% |
Max Drawdown (3Y)Largest decline over 3 years | -37.00% | -20.07% | -16.93% |
Max Drawdown (5Y)Largest decline over 5 years | -37.00% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.12% | — | — |
Current DrawdownCurrent decline from peak | -31.50% | 0.00% | -31.50% |
Average DrawdownAverage peak-to-trough decline | -30.31% | -3.40% | -26.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.26% | 1.85% | +22.41% |
Volatility
CALM vs. JEPQ - Volatility Comparison
Cal-Maine Foods, Inc. (CALM) has a higher volatility of 6.08% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 5.70%. This indicates that CALM's price experiences larger fluctuations and is considered to be riskier than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CALM | JEPQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.08% | 5.70% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 20.30% | 10.49% | +9.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.73% | 12.83% | +19.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.63% | 16.76% | +15.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.13% | 16.76% | +14.37% |
Dividends
CALM vs. JEPQ - Dividend Comparison
CALM's dividend yield for the trailing twelve months is around 6.18%, less than JEPQ's 9.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CALM Cal-Maine Foods, Inc. | 6.18% | 10.90% | 2.82% | 7.51% | 3.17% | 0.09% | 0.00% | 0.98% | 1.03% | 0.00% | 2.70% | 4.10% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.98% | 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
CALM and JEPQ have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CALM has higher volatility (6.08%) compared to JEPQ (5.70%). In terms of maximum drawdown, CALM dropped -74.08% vs JEPQ's -20.07%.
JEPQ currently has the higher Sharpe Ratio (2.28 vs -0.63), 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.
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