CANY.TO vs. JEPQ.TO

Last updated Jun 9, 2026

CANY.TO (Evolve Canadian Equity UltraYield ETF) and JEPQ.TO (JPMorgan Nasdaq Equity Premium Income Active ETF) are both exchange-traded funds - CANY.TO is a Derivative Income fund actively managed by Evolve, while JEPQ.TO is a Nasdaq-100 fund actively managed by JPMorgan. Both are actively managed. CANY.TO charges 0.40%/yr vs 0.35%/yr for JEPQ.TO.

Performance

CANY.TO vs. JEPQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve Canadian Equity UltraYield ETF (CANY.TO) and JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CANY.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPQ.TO

• 1D: 1.42%
• 1M: 2.98%
• YTD: 9.33%
• 6M: 8.12%
• 1Y: 28.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

CANY.TO vs. JEPQ.TO — Risk / Return Rank

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

JEPQ.TO

JEPQ.TO Risk / Return Rank: 78
JEPQ.TO Sharpe Ratio Rank: 77
JEPQ.TO Sortino Ratio Rank: 73
JEPQ.TO Omega Ratio Rank: 80
JEPQ.TO Calmar Ratio Rank: 79
JEPQ.TO Martin Ratio Rank: 82

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.

CANY.TO vs. JEPQ.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve Canadian Equity UltraYield ETF (CANY.TO) and JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ.TO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CANY.TO	JEPQ.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.18	—

Drawdowns

Drawdown Indicators

	CANY.TO	JEPQ.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-20.05%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-7.74%	—
Current Drawdown Current decline from peak	—	-1.97%	—
Average Drawdown Average peak-to-trough decline	—	-3.36%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.95%	—

Volatility

Volatility by Period

	CANY.TO	JEPQ.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.34%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	12.98%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	17.36%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.36%	—

CANY.TO vs. JEPQ.TO - Expense Ratio Comparison

CANY.TO has a 0.40% expense ratio, which is higher than JEPQ.TO's 0.35% expense ratio.

Dividends

CANY.TO vs. JEPQ.TO - Dividend Comparison

CANY.TO has not paid dividends to shareholders, while JEPQ.TO's dividend yield for the trailing twelve months is around 10.15%.

Position	TTM	2025	2024
CANY.TO Evolve Canadian Equity UltraYield ETF	0.00%	0.00%	0.00%
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF	10.15%	10.34%	1.72%

Frequently Asked Questions

Which ETF is better, CANY.TO or JEPQ.TO?

On fees, JEPQ.TO 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, CANY.TO or JEPQ.TO?

JEPQ.TO is cheaper with a 0.35% expense ratio, compared with 0.40% for CANY.TO.

What is the main difference between CANY.TO and JEPQ.TO?

CANY.TO is categorized as Derivative Income, while JEPQ.TO is Nasdaq-100. They also come from different issuers: Evolve and JPMorgan. Their fees differ too: 0.40% for CANY.TO and 0.35% for JEPQ.TO.