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ITB vs. JEPQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ITB vs. JEPQ

Last updated Jun 9, 2026

ITB (iShares U.S. Home Construction ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - ITB is a Building & Construction fund tracking the Dow Jones U.S. Select Home Construction Index, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. Both are passively managed. Over the past 3 years, ITB returned 6.44%/yr vs 20.04%/yr for JEPQ. At a 0.50 correlation, their price movements are largely independent. ITB charges 0.42%/yr vs 0.35%/yr for JEPQ.

Performance

ITB vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Home Construction ETF (ITB) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ITB achieves a -3.71% return, which is significantly lower than JEPQ's 7.44% return.

ITB

1D
-0.38%
1M
-0.48%
YTD
-3.71%
6M
-7.66%
1Y
3.31%
3Y*
6.44%
5Y*
6.84%
10Y*
13.61%

JEPQ

1D
1.24%
1M
0.97%
YTD
7.44%
6M
7.26%
1Y
25.85%
3Y*
20.04%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITB vs. JEPQ - Yearly Performance Comparison

2026 (YTD)2025202420232022
ITB
iShares U.S. Home Construction ETF		-3.71%-5.26%2.06%68.91%2.40%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF		7.44%15.18%24.85%36.28%-11.16%

Correlation

The correlation between ITB and JEPQ is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.32

Correlation (3Y)
Calculated over the trailing 3-year period

0.41

Correlation (All Time)
Calculated using the full available price history since May 4, 2022

0.50

The correlation between ITB and JEPQ shifts across timeframes, from 0.32 (1 year) to 0.50 (all time), reflecting how their relationship changes across market environments.

ITB vs. JEPQ - Sectors Allocation Comparison

Sectors
ITB
JEPQ

Consumer Cyclical

71.8%
12.8%

Industrials

19.1%
3.1%

Basic Materials

8.6%
1.0%

Real Estate

0.5%
0.2%

Communication Services

-

15.4%

Consumer Defensive

-

7.1%

Energy

-

0.4%

Financial Services

-

0.4%

Healthcare

-

4.4%

Technology

-

54.0%

Utilities

-

1.3%

Consumer Cyclical

ITB
71.8%
JEPQ
12.8%

Industrials

ITB
19.1%
JEPQ
3.1%

Basic Materials

ITB
8.6%
JEPQ
1.0%

Real Estate

ITB
0.5%
JEPQ
0.2%

Communication Services

ITB

-

JEPQ
15.4%

Consumer Defensive

ITB

-

JEPQ
7.1%

Energy

ITB

-

JEPQ
0.4%

Financial Services

ITB

-

JEPQ
0.4%

Healthcare

ITB

-

JEPQ
4.4%

Technology

ITB

-

JEPQ
54.0%

Utilities

ITB

-

JEPQ
1.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares U.S. Home Construction ETF

JPMorgan Nasdaq Equity Premium Income ETF

Often compared with ITB:
ITB vs. XHBITB vs. NAILITB vs. PKBITB vs. SPYITB vs. XLREITB vs. FSHOXITB vs. VGT
Often compared with JEPQ:
JEPQ vs. JEPIJEPQ vs. QQQIJEPQ vs. QQQJEPQ vs. SCHDJEPQ vs. QYLDJEPQ vs. GPIQJEPQ vs. SPYI

Return for Risk

ITB vs. JEPQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ITB
ITB Risk / Return Rank: 1111
Overall Rank
ITB Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
ITB Sortino Ratio Rank: 1212
Sortino Ratio Rank
ITB Omega Ratio Rank: 1212
Omega Ratio Rank
ITB Calmar Ratio Rank: 1111
Calmar Ratio Rank
ITB Martin Ratio Rank: 1010
Martin Ratio Rank
JEPQ
JEPQ Risk / Return Rank: 7373
Overall Rank
JEPQ Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
JEPQ Sortino Ratio Rank: 6868
Sortino Ratio Rank
JEPQ Omega Ratio Rank: 7979
Omega Ratio Rank
JEPQ Calmar Ratio Rank: 6565
Calmar Ratio Rank
JEPQ Martin Ratio Rank: 8080
Martin Ratio Rank
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.

ITB vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Home Construction ETF (ITB) 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.

ITBJEPQDifference
Sharpe ratioReturn per unit of total volatility
0.11
2.13

-2.02

Sortino ratioReturn per unit of downside risk
0.42
2.79

-2.38

Omega ratioGain probability vs. loss probability

1.05

1.42

-0.38

Calmar ratioReturn relative to maximum drawdown

0.13

2.95

-2.82

Martin ratioReturn relative to average drawdown

0.25

14.33

-14.08

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITB vs. JEPQ - Sharpe Ratio Comparison

The current ITB Sharpe Ratio is 0.11, which is lower than the JEPQ Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of ITB 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.

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Sharpe Ratios by Period

ITBJEPQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.11

2.13

-2.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.24

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.11

0.96

-0.86

Drawdowns

ITB vs. JEPQ - Drawdown Comparison

The maximum ITB drawdown since its inception was -86.53%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for ITB and JEPQ.

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Drawdown Indicators

ITBJEPQDifference

Max Drawdown

Largest peak-to-trough decline

-86.53%

-20.07%

-66.46%

Max Drawdown (1Y)

Largest decline over 1 year

-26.04%

-8.82%

-17.22%

Max Drawdown (3Y)

Largest decline over 3 years

-33.35%

-20.07%

-13.28%

Max Drawdown (5Y)

Largest decline over 5 years

-40.55%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-52.10%

—

—

Current Drawdown

Current decline from peak

-27.00%

-2.02%

-24.98%

Average Drawdown

Average peak-to-trough decline

-37.10%

-3.42%

-33.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.28%

1.81%

+11.47%

Volatility

ITB vs. JEPQ - Volatility Comparison

iShares U.S. Home Construction ETF (ITB) has a higher volatility of 7.16% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 3.65%. This indicates that ITB'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.

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Volatility by Period

ITBJEPQDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.16%

3.65%

+3.51%

Volatility (6M)

Calculated over the trailing 6-month period

20.24%

9.66%

+10.58%

Volatility (1Y)

Calculated over the trailing 1-year period

29.41%

12.19%

+17.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.19%

16.67%

+12.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.00%

16.67%

+13.33%

ITB vs. JEPQ - Expense Ratio Comparison

ITB has a 0.42% expense ratio, which is higher than JEPQ's 0.35% expense ratio.

Dividends

ITB vs. JEPQ - Dividend Comparison

ITB's dividend yield for the trailing twelve months is around 1.23%, less than JEPQ's 10.26% yield.

PositionTTM20252024202320222021202020192018201720162015
ITB
iShares U.S. Home Construction ETF		1.23%1.67%0.46%0.48%0.86%0.37%0.46%0.50%0.63%0.28%0.43%0.34%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF		10.26%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

ITB and JEPQ have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ITB has higher volatility (7.16%) compared to JEPQ (3.65%). In terms of maximum drawdown, ITB dropped -86.53% vs JEPQ's -20.07%.

On 3-year performance, JEPQ leads with 20.04% vs 6.44% for ITB. On fees, JEPQ is cheaper at 0.35% per year. On volatility, JEPQ has been the lower-risk option at 3.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, JEPQ has performed better with a 20.04% return vs 6.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

JEPQ is cheaper with a 0.35% expense ratio, compared with 0.42% for ITB.

JEPQ has the higher dividend yield at 10.26%, compared with 1.23% for ITB.

ITB is categorized as Building & Construction, while JEPQ is Nasdaq-100. ITB tracks Dow Jones U.S. Select Home Construction Index, while JEPQ tracks Nasdaq-100 Index. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.42% for ITB and 0.35% for JEPQ.

JEPQ currently has the higher Sharpe Ratio (2.13 vs 0.11), 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.

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