HUTE.TO vs. JEPQ.TO

Last updated Jun 4, 2026

HUTE.TO (Harvest Equal Weight Global Utilities Enhanced Income ETF) and JEPQ.TO (JPMorgan Nasdaq Equity Premium Income Active ETF) are both exchange-traded funds - HUTE.TO is a Derivative Income fund actively managed by Harvest, while JEPQ.TO is a Nasdaq-100 fund actively managed by JPMorgan. Both are actively managed. Over the past year, HUTE.TO returned 19.37% vs 31.41% for JEPQ.TO. At a correlation of -0.01, they often move in opposite directions. HUTE.TO charges 0.50%/yr vs 0.35%/yr for JEPQ.TO.

Performance

HUTE.TO vs. JEPQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.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

In the year-to-date period, HUTE.TO achieves a 12.31% return, which is significantly higher than JEPQ.TO's 11.09% return.

HUTE.TO

• 1D: -0.84%
• 1M: -0.22%
• YTD: 12.31%
• 6M: 12.80%
• 1Y: 19.37%
• 3Y*: 16.23%
• 5Y*: —
• 10Y*: —

JEPQ.TO

• 1D: 0.41%
• 1M: 6.30%
• YTD: 11.09%
• 6M: 9.59%
• 1Y: 31.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HUTE.TO vs. JEPQ.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HUTE.TO Harvest Equal Weight Global Utilities Enhanced Income ETF	12.31%	19.04%	-2.10%
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF	11.09%	10.46%	15.40%

Correlation

The correlation between HUTE.TO and JEPQ.TO is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024	-0.01

HUTE.TO vs. JEPQ.TO - Sectors Allocation Comparison

Sectors	HUTE.TO	JEPQ.TO
Utilities	40.2%	1.2%
Communication Services	38.9%	15.4%
Energy	17.8%	0.4%
Industrials	3.1%	3.0%
Basic Materials	-	1.0%
Consumer Cyclical	-	12.8%
Consumer Defensive	-	7.1%
Financial Services	-	0.4%
Healthcare	-	4.4%
Real Estate	-	0.2%
Technology	-	54.0%

Return for Risk

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

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

HUTE.TO

HUTE.TO Risk / Return Rank: 58
HUTE.TO Sharpe Ratio Rank: 49
HUTE.TO Sortino Ratio Rank: 50
HUTE.TO Omega Ratio Rank: 49
HUTE.TO Calmar Ratio Rank: 81
HUTE.TO Martin Ratio Rank: 62

JEPQ.TO

JEPQ.TO Risk / Return Rank: 78
JEPQ.TO Sharpe Ratio Rank: 77
JEPQ.TO Sortino Ratio Rank: 74
JEPQ.TO Omega Ratio Rank: 80
JEPQ.TO Calmar Ratio Rank: 79
JEPQ.TO Martin Ratio Rank: 81

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.

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

This table presents a comparison of risk-adjusted performance metrics for Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.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.

	HUTE.TO	JEPQ.TO	Difference
Sharpe ratio Return per unit of total volatility	1.70	2.51	-0.81
Sortino ratio Return per unit of downside risk	2.44	3.36	-0.92
Omega ratio Gain probability vs. loss probability	1.31	1.48	-0.17
Calmar ratio Return relative to maximum drawdown	4.25	4.08	+0.18
Martin ratio Return relative to average drawdown	11.08	16.30	-5.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HUTE.TO vs. JEPQ.TO - Sharpe Ratio Comparison

The current HUTE.TO Sharpe Ratio is 1.70, which is lower than the JEPQ.TO Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of HUTE.TO and JEPQ.TO, 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

	HUTE.TO	JEPQ.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.70	2.51	-0.81
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	1.34	-0.24

Drawdowns

HUTE.TO vs. JEPQ.TO - Drawdown Comparison

The maximum HUTE.TO drawdown since its inception was -18.36%, smaller than the maximum JEPQ.TO drawdown of -20.05%. Use the drawdown chart below to compare losses from any high point for HUTE.TO and JEPQ.TO.

Drawdown Indicators

	HUTE.TO	JEPQ.TO	Difference
Max Drawdown Largest peak-to-trough decline	-18.36%	-20.05%	+1.69%
Max Drawdown (1Y) Largest decline over 1 year	-4.57%	-7.74%	+3.17%
Max Drawdown (3Y) Largest decline over 3 years	-13.25%	—	—
Current Drawdown Current decline from peak	-4.53%	-0.40%	-4.13%
Average Drawdown Average peak-to-trough decline	-3.86%	-3.36%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	1.93%	-0.18%

Volatility

HUTE.TO vs. JEPQ.TO - Volatility Comparison

Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO) has a higher volatility of 5.03% compared to JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ.TO) at 4.05%. This indicates that HUTE.TO's price experiences larger fluctuations and is considered to be riskier than JEPQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HUTE.TO	JEPQ.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.03%	4.05%	+0.98%
Volatility (6M) Calculated over the trailing 6-month period	9.75%	9.88%	-0.13%
Volatility (1Y) Calculated over the trailing 1-year period	11.44%	12.58%	-1.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.34%	17.35%	-3.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.34%	17.35%	-3.01%

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

HUTE.TO has a 0.50% expense ratio, which is higher than JEPQ.TO's 0.35% expense ratio.

Dividends

HUTE.TO vs. JEPQ.TO - Dividend Comparison

HUTE.TO's dividend yield for the trailing twelve months is around 9.22%, less than JEPQ.TO's 10.00% yield.

Position	TTM	2025	2024	2023	2022
HUTE.TO Harvest Equal Weight Global Utilities Enhanced Income ETF	9.22%	9.64%	10.24%	10.70%	1.61%
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF	10.00%	10.34%	5.50%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HUTE.TO and JEPQ.TO in my portfolio?

HUTE.TO and JEPQ.TO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

JEPQ.TO is cheaper with a 0.35% expense ratio, compared with 0.50% for HUTE.TO.

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

HUTE.TO is categorized as Derivative Income, while JEPQ.TO is Nasdaq-100. They also come from different issuers: Harvest and JPMorgan. Their fees differ too: 0.50% for HUTE.TO and 0.35% for JEPQ.TO.