DSI vs. JEPQ

Last updated Jun 24, 2026

DSI (iShares MSCI KLD 400 Social ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - DSI is a Large Cap Growth Equities fund tracking the MSCI KLD 400 Social Index, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. Both are passively managed. Over the past 3 years, DSI returned 20.37%/yr vs 19.79%/yr for JEPQ. Their correlation of 0.92 suggests significant overlap in exposure. DSI charges 0.25%/yr vs 0.35%/yr for JEPQ.

Performance

DSI vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI KLD 400 Social ETF (DSI) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DSI achieves a 8.47% return, which is significantly higher than JEPQ's 7.85% return.

DSI

• 1D: -1.53%
• 1M: -1.32%
• YTD: 8.47%
• 6M: 7.30%
• 1Y: 24.79%
• 3Y*: 20.37%
• 5Y*: 12.35%
• 10Y*: 15.50%

JEPQ

• 1D: -2.48%
• 1M: 0.34%
• YTD: 7.85%
• 6M: 7.02%
• 1Y: 25.10%
• 3Y*: 19.79%
• 5Y*: —
• 10Y*: —

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

DSI vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DSI iShares MSCI KLD 400 Social ETF	8.47%	18.03%	22.38%	28.51%	-8.72%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	7.85%	15.18%	24.85%	36.28%	-11.16%

Correlation

The correlation between DSI and JEPQ is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (All Time) Calculated using the full available price history since May 4, 2022	0.92

The correlation between DSI and JEPQ has been stable across timeframes, ranging from 0.88 to 0.92 - a consistent structural relationship.

DSI vs. JEPQ - Sectors Allocation Comparison

Sectors	DSI	JEPQ
Technology	43.1%	58.9%
Communication Services	12.8%	13.9%
Financial Services	10.1%	0.3%
Industrials	8.0%	2.8%
Consumer Cyclical	8.0%	11.8%
Healthcare	7.0%	3.9%
Consumer Defensive	4.0%	6.0%
Real Estate	2.6%	0.2%
Basic Materials	2.2%	0.9%
Energy	1.5%	0.3%
Utilities	0.9%	1.1%

Return for Risk

DSI vs. JEPQ — Risk / Return Rank

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

DSI

DSI Risk / Return Rank: 54
DSI Sharpe Ratio Rank: 57
DSI Sortino Ratio Rank: 54
DSI Omega Ratio Rank: 55
DSI Calmar Ratio Rank: 48
DSI Martin Ratio Rank: 55

JEPQ

JEPQ Risk / Return Rank: 63
JEPQ Sharpe Ratio Rank: 60
JEPQ Sortino Ratio Rank: 55
JEPQ Omega Ratio Rank: 66
JEPQ Calmar Ratio Rank: 60
JEPQ Martin Ratio Rank: 74

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.

DSI vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI KLD 400 Social ETF (DSI) 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.

	DSI	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	1.81	1.93	-0.12
Sortino ratio: Return per unit of downside risk	2.48	2.57	-0.09
Omega ratio: Gain probability vs. loss probability	1.32	1.38	-0.06
Calmar ratio: Return relative to maximum drawdown	2.25	2.86	-0.61
Martin ratio: Return relative to average drawdown	9.27	13.55	-4.28

DSI vs. JEPQ - Sharpe Ratio Comparison

The current DSI Sharpe Ratio is 1.81, which is comparable to the JEPQ Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of DSI and JEPQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DSI vs. JEPQ - Drawdown Comparison

The maximum DSI drawdown since its inception was -54.23%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for DSI and JEPQ.

Drawdown Indicators

	DSI	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-54.23%	-20.07%	-34.16%
Max Drawdown (1Y) Largest decline over 1 year	-11.05%	-8.82%	-2.23%
Max Drawdown (3Y) Largest decline over 3 years	-20.58%	-20.07%	-0.51%
Max Drawdown (5Y) Largest decline over 5 years	-28.36%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.10%	—	—
Current Drawdown Current decline from peak	-3.50%	-2.48%	-1.02%
Average Drawdown Average peak-to-trough decline	-7.51%	-3.40%	-4.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	1.86%	+0.82%

Volatility

DSI vs. JEPQ - Volatility Comparison

The current volatility for iShares MSCI KLD 400 Social ETF (DSI) is 5.59%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 6.27%. This indicates that DSI 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.

Volatility by Period

	DSI	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.59%	6.27%	-0.68%
Volatility (6M) Calculated over the trailing 6-month period	11.08%	10.58%	+0.50%
Volatility (1Y) Calculated over the trailing 1-year period	13.79%	13.08%	+0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.04%	16.79%	+1.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.73%	16.79%	+1.94%

DSI vs. JEPQ - Expense Ratio Comparison

DSI has a 0.25% expense ratio, which is lower than JEPQ's 0.35% expense ratio.

Dividends

DSI vs. JEPQ - Dividend Comparison

DSI's dividend yield for the trailing twelve months is around 0.89%, less than JEPQ's 10.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DSI iShares MSCI KLD 400 Social ETF	0.89%	0.92%	1.03%	1.19%	1.39%	0.99%	1.22%	1.40%	1.63%	1.28%	1.51%	1.46%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.22%	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

Can I hold both DSI and JEPQ in my portfolio?

DSI and JEPQ have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DSI or JEPQ?

JEPQ has higher volatility (6.27%) compared to DSI (5.59%). In terms of maximum drawdown, DSI dropped -54.23% vs JEPQ's -20.07%.

Which ETF is better, DSI or JEPQ?

On 3-year performance, DSI leads with 20.37% vs 19.79% for JEPQ. On fees, DSI is cheaper at 0.25% per year. On volatility, DSI has been the lower-risk option at 5.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DSI or JEPQ?

Over the 3-year period, DSI has performed better with a 20.37% return vs 19.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DSI or JEPQ?

DSI is cheaper with a 0.25% expense ratio, compared with 0.35% for JEPQ.

Which ETF pays a higher dividend yield, DSI or JEPQ?

JEPQ has the higher dividend yield at 10.22%, compared with 0.89% for DSI.

What is the main difference between DSI and JEPQ?

DSI is categorized as Large Cap Growth Equities, while JEPQ is Nasdaq-100. DSI tracks MSCI KLD 400 Social Index, while JEPQ tracks Nasdaq-100 Index. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.25% for DSI and 0.35% for JEPQ.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (1.93 vs 1.81), 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.