HUT vs. JEPQ

Last updated Jun 4, 2026

HUT (Hut 8 Corp. Common Stock) 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, HUT returned 129.93%/yr vs 20.92%/yr for JEPQ. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

HUT vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hut 8 Corp. Common Stock (HUT) 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, HUT achieves a 185.79% return, which is significantly higher than JEPQ's 9.54% return.

HUT

• 1D: -1.30%
• 1M: 68.15%
• YTD: 185.79%
• 6M: 228.06%
• 1Y: 717.50%
• 3Y*: 129.93%
• 5Y*: 46.13%
• 10Y*: —

JEPQ

• 1D: -0.10%
• 1M: 4.31%
• YTD: 9.54%
• 6M: 9.75%
• 1Y: 29.00%
• 3Y*: 20.92%
• 5Y*: —
• 10Y*: —

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

HUT vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HUT Hut 8 Corp. Common Stock	185.79%	124.21%	53.60%	213.88%	-78.80%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	9.54%	15.18%	24.85%	36.28%	-12.89%

Correlation

The correlation between HUT and JEPQ is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (All Time) Calculated using the full available price history since May 5, 2022	0.51

The correlation between HUT and JEPQ has been stable across timeframes, ranging from 0.45 to 0.52 - a consistent structural relationship.

Return for Risk

HUT vs. JEPQ — Risk / Return Rank

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

HUT

HUT Risk / Return Rank: 97
HUT Sharpe Ratio Rank: 99
HUT Sortino Ratio Rank: 96
HUT Omega Ratio Rank: 94
HUT Calmar Ratio Rank: 99
HUT Martin Ratio Rank: 99

JEPQ

JEPQ Risk / Return Rank: 74
JEPQ Sharpe Ratio Rank: 74
JEPQ Sortino Ratio Rank: 71
JEPQ Omega Ratio Rank: 80
JEPQ Calmar Ratio Rank: 65
JEPQ Martin Ratio Rank: 80

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.

HUT vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hut 8 Corp. Common Stock (HUT) 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.

	HUT	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	7.07	2.49	+4.59
Sortino ratio: Return per unit of downside risk	4.32	3.29	+1.03
Omega ratio: Gain probability vs. loss probability	1.55	1.49	+0.06
Calmar ratio: Return relative to maximum drawdown	18.76	3.31	+15.45
Martin ratio: Return relative to average drawdown	51.68	16.22	+35.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HUT vs. JEPQ - Sharpe Ratio Comparison

The current HUT Sharpe Ratio is 7.07, which is higher than the JEPQ Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of HUT 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.

Sharpe Ratios by Period

	HUT	JEPQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	7.07	2.49	+4.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	1.00	-0.76

Drawdowns

HUT vs. JEPQ - Drawdown Comparison

The maximum HUT drawdown since its inception was -95.04%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for HUT and JEPQ.

Drawdown Indicators

	HUT	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-95.04%	-20.07%	-74.97%
Max Drawdown (1Y) Largest decline over 1 year	-38.62%	-8.82%	-29.80%
Max Drawdown (3Y) Largest decline over 3 years	-71.68%	-20.07%	-51.61%
Max Drawdown (5Y) Largest decline over 5 years	-95.04%	—	—
Current Drawdown Current decline from peak	-1.30%	-0.10%	-1.20%
Average Drawdown Average peak-to-trough decline	-63.75%	-3.42%	-60.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.99%	1.79%	+12.20%

Volatility

HUT vs. JEPQ - Volatility Comparison

Hut 8 Corp. Common Stock (HUT) has a higher volatility of 35.48% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 1.26%. This indicates that HUT'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

	HUT	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.48%	1.26%	+34.22%
Volatility (6M) Calculated over the trailing 6-month period	76.12%	9.07%	+67.05%
Volatility (1Y) Calculated over the trailing 1-year period	102.50%	11.73%	+90.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	106.22%	16.61%	+89.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	114.77%	16.61%	+98.16%

Dividends

HUT vs. JEPQ - Dividend Comparison

HUT has not paid dividends to shareholders, while JEPQ's dividend yield for the trailing twelve months is around 10.07%.

Position	TTM	2025	2024	2023	2022
HUT Hut 8 Corp. Common Stock	0.00%	0.00%	0.00%	0.00%	0.00%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.07%	10.53%	9.65%	10.03%	9.44%

Frequently Asked Questions

Can I hold both HUT and JEPQ in my portfolio?

HUT and JEPQ have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HUT or JEPQ?

HUT has higher volatility (35.48%) compared to JEPQ (1.26%). In terms of maximum drawdown, HUT dropped -95.04% vs JEPQ's -20.07%.

Which has better risk-adjusted returns?

HUT currently has the higher Sharpe Ratio (7.07 vs 2.49), 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.