JADE vs. JEPQ

Last updated Jun 24, 2026

JADE (JPMorgan Active Developing Markets Equity ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - JADE is a Emerging Markets Diversified fund actively managed by JPMorgan, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. JADE is actively managed, while JEPQ is passively managed. Over the past year, JADE returned 51.86% vs 25.10% for JEPQ. A 0.67 correlation means they provide meaningful diversification when combined. JADE charges 0.65%/yr vs 0.35%/yr for JEPQ.

Performance

JADE vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Active Developing Markets Equity ETF (JADE) 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, JADE achieves a 24.48% return, which is significantly higher than JEPQ's 7.85% return.

JADE

• 1D: -5.09%
• 1M: 2.63%
• YTD: 24.48%
• 6M: 26.03%
• 1Y: 51.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPQ

• 1D: -2.48%
• 1M: 0.34%
• YTD: 7.85%
• 6M: 7.02%
• 1Y: 25.10%
• 3Y*: 19.79%
• 5Y*: —
• 10Y*: —

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

JADE vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JADE JPMorgan Active Developing Markets Equity ETF	24.48%	38.50%	-2.43%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	7.85%	15.18%	11.88%

Correlation

The correlation between JADE and JEPQ is 0.76, 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	0.76
Correlation (All Time) Calculated using the full available price history since May 17, 2024	0.67

The correlation between JADE and JEPQ has been stable across timeframes, ranging from 0.67 to 0.76 - a consistent structural relationship.

JADE vs. JEPQ - Sectors Allocation Comparison

Sectors	JADE	JEPQ
Technology	42.6%	58.9%
Financial Services	20.9%	0.3%
Consumer Cyclical	10.1%	11.8%
Industrials	7.3%	2.8%
Communication Services	6.4%	13.9%
Energy	4.1%	0.3%
Basic Materials	3.6%	0.9%
Utilities	2.0%	1.1%
Consumer Defensive	1.5%	6.0%
Real Estate	0.9%	0.2%
Healthcare	0.5%	3.9%

Return for Risk

JADE vs. JEPQ — Risk / Return Rank

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

JADE

JADE Risk / Return Rank: 82
JADE Sharpe Ratio Rank: 83
JADE Sortino Ratio Rank: 74
JADE Omega Ratio Rank: 83
JADE Calmar Ratio Rank: 83
JADE Martin Ratio Rank: 85

JEPQ

JEPQ Risk / Return Rank: 63
JEPQ Sharpe Ratio Rank: 60
JEPQ Sortino Ratio Rank: 55
JEPQ Omega Ratio Rank: 66
JEPQ Calmar Ratio Rank: 60
JEPQ Martin Ratio Rank: 74

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.

JADE vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Developing Markets Equity ETF (JADE) 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.

	JADE	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	2.40	1.93	+0.47
Sortino ratio: Return per unit of downside risk	2.99	2.57	+0.43
Omega ratio: Gain probability vs. loss probability	1.45	1.38	+0.07
Calmar ratio: Return relative to maximum drawdown	4.07	2.86	+1.21
Martin ratio: Return relative to average drawdown	16.07	13.55	+2.51

JADE vs. JEPQ - Sharpe Ratio Comparison

The current JADE Sharpe Ratio is 2.40, which is comparable to the JEPQ Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of JADE 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

JADE vs. JEPQ - Drawdown Comparison

The maximum JADE drawdown since its inception was -16.71%, smaller than the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for JADE and JEPQ.

Drawdown Indicators

	JADE	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-16.71%	-20.07%	+3.36%
Max Drawdown (1Y) Largest decline over 1 year	-12.80%	-8.82%	-3.98%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.07%	—
Current Drawdown Current decline from peak	-5.09%	-2.48%	-2.61%
Average Drawdown Average peak-to-trough decline	-3.24%	-3.40%	+0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.24%	1.86%	+1.38%

Volatility

JADE vs. JEPQ - Volatility Comparison

JPMorgan Active Developing Markets Equity ETF (JADE) has a higher volatility of 11.60% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 6.27%. This indicates that JADE'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

	JADE	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.60%	6.27%	+5.33%
Volatility (6M) Calculated over the trailing 6-month period	19.37%	10.58%	+8.79%
Volatility (1Y) Calculated over the trailing 1-year period	21.72%	13.08%	+8.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.42%	16.79%	+3.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.42%	16.79%	+3.63%

JADE vs. JEPQ - Expense Ratio Comparison

JADE has a 0.65% expense ratio, which is higher than JEPQ's 0.35% expense ratio.

Dividends

JADE vs. JEPQ - Dividend Comparison

JADE's dividend yield for the trailing twelve months is around 1.84%, less than JEPQ's 10.22% yield.

Position	TTM	2025	2024	2023	2022
JADE JPMorgan Active Developing Markets Equity ETF	1.84%	2.29%	1.49%	0.00%	0.00%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.22%	10.53%	9.65%	10.03%	9.44%

Frequently Asked Questions

Can I hold both JADE and JEPQ in my portfolio?

JADE and JEPQ have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JADE or JEPQ?

JADE has higher volatility (11.60%) compared to JEPQ (6.27%). In terms of maximum drawdown, JADE dropped -16.71% vs JEPQ's -20.07%.

Which ETF is better, JADE or JEPQ?

On 1-year performance, JADE leads with 51.86% vs 25.10% for JEPQ. On fees, JEPQ is cheaper at 0.35% per year. On volatility, JEPQ has been the lower-risk option at 6.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JADE or JEPQ?

Over the 1-year period, JADE has performed better with a 51.86% return vs 25.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JADE or JEPQ?

JEPQ is cheaper with a 0.35% expense ratio, compared with 0.65% for JADE.

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

JEPQ has the higher dividend yield at 10.22%, compared with 1.84% for JADE.

What is the main difference between JADE and JEPQ?

JADE is categorized as Emerging Markets Diversified, while JEPQ is Nasdaq-100. Their fees differ too: 0.65% for JADE and 0.35% for JEPQ.

Which has better risk-adjusted returns?

JADE currently has the higher Sharpe Ratio (2.40 vs 1.93), 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.