FDND vs. JEPQ

Last updated Jun 23, 2026

FDND (FT Vest Dow Jones Internet & Target Income ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - FDND is a Technology Equities fund actively managed by FT Vest, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. FDND is actively managed, while JEPQ is passively managed. Over the past year, FDND returned -0.47% vs 29.42% for JEPQ. A 0.75 correlation means they provide meaningful diversification when combined. FDND charges 0.75%/yr vs 0.35%/yr for JEPQ.

Performance

FDND vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Dow Jones Internet & Target Income ETF (FDND) 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, FDND achieves a -4.93% return, which is significantly lower than JEPQ's 10.59% return.

FDND

• 1D: -2.07%
• 1M: -5.31%
• YTD: -4.93%
• 6M: -5.62%
• 1Y: -0.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPQ

• 1D: 0.07%
• 1M: 2.89%
• YTD: 10.59%
• 6M: 10.22%
• 1Y: 29.42%
• 3Y*: 20.80%
• 5Y*: —
• 10Y*: —

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

FDND vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FDND FT Vest Dow Jones Internet & Target Income ETF	-4.93%	9.69%	15.85%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.59%	15.18%	14.00%

Correlation

The correlation between FDND and JEPQ is 0.68, 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	0.68
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024	0.75

The correlation between FDND and JEPQ has been stable across timeframes, ranging from 0.68 to 0.75 - a consistent structural relationship.

Return for Risk

FDND vs. JEPQ — Risk / Return Rank

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

FDND

FDND Risk / Return Rank: 8
FDND Sharpe Ratio Rank: 8
FDND Sortino Ratio Rank: 8
FDND Omega Ratio Rank: 8
FDND Calmar Ratio Rank: 8
FDND Martin Ratio Rank: 8

JEPQ

JEPQ Risk / Return Rank: 75
JEPQ Sharpe Ratio Rank: 75
JEPQ Sortino Ratio Rank: 70
JEPQ Omega Ratio Rank: 80
JEPQ Calmar Ratio Rank: 69
JEPQ 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.

FDND vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Dow Jones Internet & Target Income ETF (FDND) 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.

	FDND	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	2.30	-2.33
Sortino ratio: Return per unit of downside risk	0.09	3.05	-2.96
Omega ratio: Gain probability vs. loss probability	1.01	1.46	-0.45
Calmar ratio: Return relative to maximum drawdown	-0.02	3.35	-3.38
Martin ratio: Return relative to average drawdown	-0.06	15.94	-16.00

FDND vs. JEPQ - Sharpe Ratio Comparison

The current FDND Sharpe Ratio is -0.03, which is lower than the JEPQ Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of FDND 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

FDND vs. JEPQ - Drawdown Comparison

The maximum FDND drawdown since its inception was -24.12%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for FDND and JEPQ.

Drawdown Indicators

	FDND	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-24.12%	-20.07%	-4.05%
Max Drawdown (1Y) Largest decline over 1 year	-20.49%	-8.82%	-11.67%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.07%	—
Current Drawdown Current decline from peak	-11.11%	0.00%	-11.11%
Average Drawdown Average peak-to-trough decline	-5.72%	-3.40%	-2.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.59%	1.85%	+6.74%

Volatility

FDND vs. JEPQ - Volatility Comparison

FT Vest Dow Jones Internet & Target Income ETF (FDND) has a higher volatility of 7.32% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 5.68%. This indicates that FDND'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.

Volatility by Period

	FDND	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.32%	5.68%	+1.64%
Volatility (6M) Calculated over the trailing 6-month period	15.06%	10.33%	+4.73%
Volatility (1Y) Calculated over the trailing 1-year period	19.00%	12.85%	+6.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.51%	16.75%	+4.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.51%	16.75%	+4.76%

FDND vs. JEPQ - Expense Ratio Comparison

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

Dividends

FDND vs. JEPQ - Dividend Comparison

FDND's dividend yield for the trailing twelve months is around 8.59%, less than JEPQ's 9.97% yield.

Position	TTM	2025	2024	2023	2022
FDND FT Vest Dow Jones Internet & Target Income ETF	8.59%	8.11%	5.51%	0.00%	0.00%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	9.97%	10.53%	9.65%	10.03%	9.44%

Frequently Asked Questions

Can I hold both FDND and JEPQ in my portfolio?

FDND and JEPQ have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDND or JEPQ?

FDND has higher volatility (7.32%) compared to JEPQ (5.68%). In terms of maximum drawdown, FDND dropped -24.12% vs JEPQ's -20.07%.

Which ETF is better, FDND or JEPQ?

On 1-year performance, JEPQ leads with 29.42% vs -0.47% for FDND. On fees, JEPQ is cheaper at 0.35% per year. On volatility, JEPQ has been the lower-risk option at 5.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDND or JEPQ?

Over the 1-year period, JEPQ has performed better with a 29.42% return vs -0.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDND or JEPQ?

JEPQ is cheaper with a 0.35% expense ratio, compared with 0.75% for FDND.

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

JEPQ has the higher dividend yield at 9.97%, compared with 8.59% for FDND.

What is the main difference between FDND and JEPQ?

FDND is categorized as Technology Equities, while JEPQ is Nasdaq-100. They also come from different issuers: FT Vest and JPMorgan. Their fees differ too: 0.75% for FDND and 0.35% for JEPQ.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (2.30 vs -0.03), 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.