FHI.TO vs. JEPQ.TO
FHI.TO (CI Health Care Giants Covered Call ETF) and JEPQ.TO (JPMorgan Nasdaq Equity Premium Income Active ETF) are both exchange-traded funds - FHI.TO is a Derivative Income fund actively managed by CI, while JEPQ.TO is a Nasdaq-100 fund actively managed by JPMorgan. Both are actively managed. Over the past year, FHI.TO returned 11.83% vs 31.43% for JEPQ.TO. At a 0.11 correlation, their price movements are largely independent.
Performance
FHI.TO vs. JEPQ.TO - Performance Comparison
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Returns By Period
In the year-to-date period, FHI.TO achieves a 1.35% return, which is significantly lower than JEPQ.TO's 14.67% return.
FHI.TO
- 1D
- -0.93%
- 1M
- 4.19%
- YTD
- 1.35%
- 6M
- 1.26%
- 1Y
- 11.83%
- 3Y*
- 5.07%
- 5Y*
- 5.58%
- 10Y*
- —
JEPQ.TO
- 1D
- 1.45%
- 1M
- 4.31%
- YTD
- 14.67%
- 6M
- 14.15%
- 1Y
- 31.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FHI.TO vs. JEPQ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FHI.TO CI Health Care Giants Covered Call ETF | 1.35% | 11.94% | -9.76% |
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF | 14.67% | 10.46% | 11.30% |
Correlation
The correlation between FHI.TO and JEPQ.TO is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2024 | 0.11 |
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Return for Risk
FHI.TO vs. JEPQ.TO — Risk / Return Rank
FHI.TO
JEPQ.TO
FHI.TO vs. JEPQ.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Health Care Giants Covered Call ETF (FHI.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.
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.
| FHI.TO | JEPQ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.42 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | 4.08 | -2.74 |
| Martin ratioReturn relative to average drawdown | 3.06 | 15.44 | -12.38 |
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Drawdowns
FHI.TO vs. JEPQ.TO - Drawdown Comparison
The maximum FHI.TO drawdown since its inception was -29.85%, which is greater than JEPQ.TO's maximum drawdown of -20.05%. Use the drawdown chart below to compare losses from any high point for FHI.TO and JEPQ.TO.
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Drawdown Indicators
| FHI.TO | JEPQ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.85% | -20.05% | -9.80% |
Max Drawdown (1Y)Largest decline over 1 year | -8.87% | -7.74% | -1.13% |
Max Drawdown (3Y)Largest decline over 3 years | -14.43% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -14.43% | — | — |
Current DrawdownCurrent decline from peak | -2.98% | -0.86% | -2.12% |
Average DrawdownAverage peak-to-trough decline | -4.46% | -3.31% | -1.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.87% | 2.04% | +1.83% |
Volatility
FHI.TO vs. JEPQ.TO - Volatility Comparison
The current volatility for CI Health Care Giants Covered Call ETF (FHI.TO) is 4.59%, while JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ.TO) has a volatility of 7.24%. This indicates that FHI.TO experiences smaller price fluctuations and is considered to be less risky than JEPQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHI.TO | JEPQ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 7.24% | -2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 9.31% | 11.75% | -2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.41% | 14.25% | -0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.14% | 17.71% | -3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.52% | 17.71% | -1.19% |
Dividends
FHI.TO vs. JEPQ.TO - Dividend Comparison
FHI.TO's dividend yield for the trailing twelve months is around 7.02%, less than JEPQ.TO's 9.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FHI.TO CI Health Care Giants Covered Call ETF | 7.02% | 7.14% | 7.84% | 5.80% | 5.98% | 7.38% | 9.69% | 5.42% | 2.42% |
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF | 9.68% | 10.34% | 1.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FHI.TO and JEPQ.TO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FHI.TO is categorized as Derivative Income, while JEPQ.TO is Nasdaq-100. They also come from different issuers: CI and JPMorgan.
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