JBND vs. JEPQ

Last updated Jun 4, 2026

JBND (Jpmorgan Active Bond ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - JBND is a Intermediate Core Bond fund actively managed by JPMorgan, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. JBND is actively managed, while JEPQ is passively managed. Over the past year, JBND returned 5.68% vs 29.00% for JEPQ. At a 0.12 correlation, their price movements are largely independent. JBND charges 0.30%/yr vs 0.35%/yr for JEPQ.

Performance

JBND vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Jpmorgan Active Bond ETF (JBND) 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, JBND achieves a 0.22% return, which is significantly lower than JEPQ's 9.54% return.

JBND

• 1D: -0.19%
• 1M: 0.27%
• YTD: 0.22%
• 6M: 0.25%
• 1Y: 5.68%
• 3Y*: —
• 5Y*: —
• 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)

JBND vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JBND Jpmorgan Active Bond ETF	0.22%	8.21%	3.19%	7.76%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	9.54%	15.18%	24.85%	7.52%

Correlation

The correlation between JBND and JEPQ is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (All Time) Calculated using the full available price history since Oct 13, 2023	0.12

JBND vs. JEPQ - Sectors Allocation Comparison

Sectors	JBND	JEPQ
Communication Services	25.7%	15.4%
Technology	19.7%	54.0%
Financial Services	9.0%	0.4%
Healthcare	3.1%	4.4%
Real Estate	2.6%	0.2%
Basic Materials	0.8%	1.0%
Utilities	0.7%	1.3%
Energy	0.6%	0.4%
Industrials	0.5%	3.1%
Consumer Cyclical	0.3%	12.8%
Consumer Defensive	0.1%	7.1%

Return for Risk

JBND vs. JEPQ — Risk / Return Rank

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

JBND

JBND Risk / Return Rank: 40
JBND Sharpe Ratio Rank: 41
JBND Sortino Ratio Rank: 44
JBND Omega Ratio Rank: 39
JBND Calmar Ratio Rank: 39
JBND Martin Ratio Rank: 37

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.

JBND vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Active Bond ETF (JBND) 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.

	JBND	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	1.49	2.49	-0.99
Sortino ratio: Return per unit of downside risk	2.23	3.29	-1.06
Omega ratio: Gain probability vs. loss probability	1.26	1.49	-0.23
Calmar ratio: Return relative to maximum drawdown	1.94	3.31	-1.37
Martin ratio: Return relative to average drawdown	5.97	16.22	-10.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JBND vs. JEPQ - Sharpe Ratio Comparison

The current JBND Sharpe Ratio is 1.49, which is lower than the JEPQ Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of JBND 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

	JBND	JEPQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	2.49	-0.99
Sharpe Ratio (All Time) Calculated using the full available price history	1.53	1.00	+0.53

Drawdowns

JBND vs. JEPQ - Drawdown Comparison

The maximum JBND drawdown since its inception was -4.48%, smaller than the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for JBND and JEPQ.

Drawdown Indicators

	JBND	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-4.48%	-20.07%	+15.59%
Max Drawdown (1Y) Largest decline over 1 year	-2.94%	-8.82%	+5.88%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.07%	—
Current Drawdown Current decline from peak	-1.74%	-0.10%	-1.64%
Average Drawdown Average peak-to-trough decline	-1.15%	-3.42%	+2.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	1.79%	-0.84%

Volatility

JBND vs. JEPQ - Volatility Comparison

Jpmorgan Active Bond ETF (JBND) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) have volatilities of 1.20% and 1.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JBND	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	1.26%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	2.67%	9.07%	-6.40%
Volatility (1Y) Calculated over the trailing 1-year period	3.82%	11.73%	-7.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.84%	16.61%	-11.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.84%	16.61%	-11.77%

JBND vs. JEPQ - Expense Ratio Comparison

JBND has a 0.30% expense ratio, which is lower than JEPQ's 0.35% expense ratio.

Dividends

JBND vs. JEPQ - Dividend Comparison

JBND's dividend yield for the trailing twelve months is around 4.41%, less than JEPQ's 10.07% yield.

Position	TTM	2025	2024	2023	2022
JBND Jpmorgan Active Bond ETF	4.41%	4.42%	4.58%	1.00%	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 JBND and JEPQ in my portfolio?

JBND and JEPQ have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JBND or JEPQ?

JEPQ has higher volatility (1.26%) compared to JBND (1.20%). In terms of maximum drawdown, JBND dropped -4.48% vs JEPQ's -20.07%.

Which ETF is better, JBND or JEPQ?

On 1-year performance, JEPQ leads with 29.00% vs 5.68% for JBND. On fees, JBND is cheaper at 0.30% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JBND or JEPQ?

Over the 1-year period, JEPQ has performed better with a 29.00% return vs 5.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JBND or JEPQ?

JBND is cheaper with a 0.30% expense ratio, compared with 0.35% for JEPQ.

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

JEPQ has the higher dividend yield at 10.07%, compared with 4.41% for JBND.

What is the main difference between JBND and JEPQ?

JBND is categorized as Intermediate Core Bond, while JEPQ is Nasdaq-100. Their fees differ too: 0.30% for JBND and 0.35% for JEPQ.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (2.49 vs 1.49), 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.