JDOC vs. JEPQ

Last updated Apr 1, 2026

Compare and contrast key facts about Jpmorgan Healthcare Leaders ETF (JDOC) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).

JDOC and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JDOC is an actively managed fund by JPMorgan. It was launched on Nov 1, 2023. JEPQ is a passively managed fund by JPMorgan that tracks the performance of the Nasdaq-100 Index. It was launched on May 3, 2022.

Performance

JDOC vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Jpmorgan Healthcare Leaders ETF (JDOC) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). The values are adjusted to include any dividend payments, if applicable.

JDOC vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JDOC Jpmorgan Healthcare Leaders ETF	-3.96%	15.36%	-1.04%	10.71%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	-2.87%	15.18%	24.85%	7.67%

Returns By Period

In the year-to-date period, JDOC achieves a -3.96% return, which is significantly lower than JEPQ's -2.87% return.

JDOC

• 1D: 2.32%
• 1M: -6.11%
• YTD: -3.96%
• 6M: 6.94%
• 1Y: 5.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPQ

• 1D: 3.25%
• 1M: -3.50%
• YTD: -2.87%
• 6M: 1.65%
• 1Y: 19.82%
• 3Y*: 19.06%
• 5Y*: —
• 10Y*: —

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

JDOC vs. JEPQ - Expense Ratio Comparison

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

JDOC

Jpmorgan Healthcare Leaders ETF

JEPQ

JPMorgan Nasdaq Equity Premium Income ETF

Return for Risk

JDOC vs. JEPQ — Risk / Return Rank

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

JDOC

JDOC Risk / Return Rank: 21
JDOC Sharpe Ratio Rank: 20
JDOC Sortino Ratio Rank: 20
JDOC Omega Ratio Rank: 19
JDOC Calmar Ratio Rank: 24
JDOC Martin Ratio Rank: 20

JEPQ

JEPQ Risk / Return Rank: 72
JEPQ Sharpe Ratio Rank: 65
JEPQ Sortino Ratio Rank: 68
JEPQ Omega Ratio Rank: 75
JEPQ Calmar Ratio Rank: 72
JEPQ Martin Ratio Rank: 82

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.

JDOC vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Healthcare Leaders ETF (JDOC) 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.

	JDOC	JEPQ	Difference
Sharpe ratio Return per unit of total volatility	0.30	1.07	-0.77
Sortino ratio Return per unit of downside risk	0.54	1.64	-1.10
Omega ratio Gain probability vs. loss probability	1.07	1.27	-0.20
Calmar ratio Return relative to maximum drawdown	0.54	1.70	-1.16
Martin ratio Return relative to average drawdown	1.24	8.45	-7.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JDOC vs. JEPQ - Sharpe Ratio Comparison

The current JDOC Sharpe Ratio is 0.30, which is lower than the JEPQ Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of JDOC and JEPQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JDOC	JEPQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	1.07	-0.77
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.82	-0.23

Correlation

The correlation between JDOC and JEPQ is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

JDOC vs. JEPQ - Dividend Comparison

JDOC's dividend yield for the trailing twelve months is around 0.92%, less than JEPQ's 11.10% yield.

	TTM	2025	2024	2023	2022
JDOC Jpmorgan Healthcare Leaders ETF	0.92%	0.89%	5.57%	0.15%	0.00%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	11.10%	10.53%	9.65%	10.03%	9.44%

Drawdowns

JDOC vs. JEPQ - Drawdown Comparison

The maximum JDOC drawdown since its inception was -20.87%, roughly equal to the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for JDOC and JEPQ.

Drawdown Indicators

	JDOC	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-20.87%	-20.07%	-0.80%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-11.58%	+1.90%
Current Drawdown Current decline from peak	-6.96%	-5.85%	-1.11%
Average Drawdown Average peak-to-trough decline	-7.01%	-3.55%	-3.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.61%	2.34%	+2.27%

Volatility

JDOC vs. JEPQ - Volatility Comparison

The current volatility for Jpmorgan Healthcare Leaders ETF (JDOC) is 5.67%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 6.02%. This indicates that JDOC 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

	JDOC	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.67%	6.02%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	10.15%	10.47%	-0.32%
Volatility (1Y) Calculated over the trailing 1-year period	17.04%	18.52%	-1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.33%	16.91%	-2.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.33%	16.91%	-2.58%