JDIV vs. JEPQ

Last updated Aug 2, 2026

JDIV (JPMorgan Dividend Leaders ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - JDIV is a Global Equities fund actively managed by JPMorgan, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. JDIV is actively managed, while JEPQ is passively managed. Over the past year, JDIV returned 14.21% vs 19.59% for JEPQ. Their 0.74 correlation means they have sometimes moved together and sometimes differently. JDIV charges 0.47%/yr vs 0.35%/yr for JEPQ.

Performance

JDIV vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Dividend Leaders ETF (JDIV) 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, JDIV achieves a 8.03% return, which is significantly higher than JEPQ's 6.05% return.

JDIV

• 1D: 0.47%
• 1M: 1.60%
• 6M: 5.47%
• YTD: 8.03%
• 1Y: 14.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.41%

JEPQ

• 1D: 0.57%
• 1M: -1.92%
• 6M: 3.71%
• YTD: 6.05%
• 1Y: 19.59%
• 3Y*: 17.49%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.56%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JDIV JPMorgan Dividend Leaders ETF	$37.92K	$43.96K	$83.14K
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	$439.89M	$417.31M	$422.49M

JDIV vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JDIV JPMorgan Dividend Leaders ETF	8.03%	18.98%	-5.07%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	6.05%	15.18%	6.80%

Correlation

The correlation between JDIV and JEPQ is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.75
Correlation (All Time) Calculated using the full available price history since Sep 26, 2024	0.74

The correlation between JDIV and JEPQ has been stable across timeframes, ranging from 0.74 to 0.75 - a consistent structural relationship.

JDIV vs. JEPQ - Sectors Allocation Comparison

Sectors	JDIV	JEPQ
Technology	23.5%	60.6%
Financial Services	18.4%	0.3%
Healthcare	12.6%	4.0%
Industrials	8.0%	3.0%
Consumer Cyclical	6.5%	11.1%
Communication Services	6.0%	12.8%
Energy	4.5%	0.3%
Utilities	3.8%	1.0%
Basic Materials	2.1%	0.9%
Real Estate	1.6%	0.2%
Consumer Defensive	1.5%	5.8%

Return for Risk

JDIV vs. JEPQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JDIV

JDIV Risk / Return Rank: 43
JDIV Sharpe Ratio Rank: 43
JDIV Sortino Ratio Rank: 42
JDIV Omega Ratio Rank: 42
JDIV Calmar Ratio Rank: 41
JDIV Martin Ratio Rank: 49

JEPQ

JEPQ Risk / Return Rank: 55
JEPQ Sharpe Ratio Rank: 50
JEPQ Sortino Ratio Rank: 48
JEPQ Omega Ratio Rank: 52
JEPQ Calmar Ratio Rank: 58
JEPQ Martin Ratio Rank: 68

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JDIV vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Dividend Leaders ETF (JDIV) 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.

	JDIV	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	1.07	1.22	-0.15
Sortino ratio: Return per unit of downside risk	1.56	1.72	-0.16
Omega ratio: Gain probability vs. loss probability	1.20	1.23	-0.03
Calmar ratio: Return relative to maximum drawdown	1.43	2.02	-0.59
Martin ratio: Return relative to average drawdown	5.64	8.30	-2.66

JDIV vs. JEPQ - Sharpe Ratio Comparison

The current JDIV Sharpe Ratio is 1.07, which is comparable to the JEPQ Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of JDIV 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

JDIV vs. JEPQ - Drawdown Comparison

The maximum JDIV drawdown since its inception was -13.34%, smaller than the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for JDIV and JEPQ.

Drawdown Indicators

	JDIV	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-13.34%	-20.07%	+6.73%
Max Drawdown (1Y) Largest decline over 1 year	-9.28%	-8.82%	-0.46%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.07%	—
Current Drawdown Current decline from peak	0.00%	-4.23%	+4.23%
Average Drawdown Average peak-to-trough decline	-1.93%	-3.38%	+1.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	2.14%	+0.21%

Volatility

JDIV vs. JEPQ - Volatility Comparison

The current volatility for JPMorgan Dividend Leaders ETF (JDIV) is 3.60%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 6.09%. This indicates that JDIV experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDIV	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	6.09%	-2.49%
Volatility (6M) Calculated over the trailing 6-month period	10.39%	12.15%	-1.76%
Volatility (1Y) Calculated over the trailing 1-year period	12.45%	14.65%	-2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.07%	16.90%	-2.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.07%	16.90%	-2.83%

JDIV vs. JEPQ - Expense Ratio Comparison

JDIV has a 0.47% expense ratio, which is higher than JEPQ's 0.35% expense ratio.

Dividends

JDIV vs. JEPQ - Dividend Comparison

JDIV's dividend yield for the trailing twelve months is around 2.07%, less than JEPQ's 10.75% yield.

Position	TTM	2025	2024	2023	2022
JDIV JPMorgan Dividend Leaders ETF	2.07%	2.15%	0.36%	0.00%	0.00%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	9.99%	10.53%	9.65%	10.03%	9.44%

Frequently Asked Questions

Can I hold both JDIV and JEPQ in my portfolio?

JDIV and JEPQ have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JDIV or JEPQ?

JEPQ has higher volatility (6.09%) compared to JDIV (3.60%). In terms of maximum drawdown, JDIV dropped -13.34% vs JEPQ's -20.07%.

Which ETF is better, JDIV or JEPQ?

On 1-year performance, JEPQ leads with 19.59% vs 14.21% for JDIV. On fees, JEPQ is cheaper at 0.35% per year. On volatility, JDIV has been the lower-risk option at 3.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JDIV or JEPQ?

Over the 1-year period, JEPQ has performed better with a 19.59% return vs 14.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JDIV or JEPQ?

JEPQ is cheaper with a 0.35% expense ratio, compared with 0.47% for JDIV.

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

JEPQ has the higher dividend yield at 9.99%, compared with 2.07% for JDIV.

What is the main difference between JDIV and JEPQ?

JDIV is categorized as Global Equities, while JEPQ is Nasdaq-100. Their fees differ too: 0.47% for JDIV and 0.35% for JEPQ.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (1.22 vs 1.07), 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.