JEPAX vs. QQQ
Compare and contrast key facts about JPMorgan Equity Premium Income Fund Class A (JEPAX) and Invesco QQQ (QQQ).
JEPAX is managed by JPMorgan. It was launched on Aug 31, 2018. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JEPAX or QQQ.
Correlation
The correlation between JEPAX and QQQ is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JEPAX vs. QQQ - Performance Comparison
Key characteristics
JEPAX:
0.35
QQQ:
0.45
JEPAX:
0.58
QQQ:
0.81
JEPAX:
1.09
QQQ:
1.11
JEPAX:
0.36
QQQ:
0.51
JEPAX:
1.55
QQQ:
1.65
JEPAX:
3.10%
QQQ:
6.96%
JEPAX:
14.08%
QQQ:
25.14%
JEPAX:
-32.69%
QQQ:
-82.98%
JEPAX:
-4.85%
QQQ:
-9.42%
Returns By Period
In the year-to-date period, JEPAX achieves a -1.02% return, which is significantly higher than QQQ's -4.41% return.
JEPAX
-1.02%
2.22%
-3.72%
4.95%
11.00%
N/A
QQQ
-4.41%
4.71%
-4.80%
11.32%
17.54%
17.26%
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JEPAX vs. QQQ - Expense Ratio Comparison
JEPAX has a 0.85% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
JEPAX vs. QQQ — Risk-Adjusted Performance Rank
JEPAX
QQQ
JEPAX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income Fund Class A (JEPAX) and Invesco QQQ (QQQ). 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.
Dividends
JEPAX vs. QQQ - Dividend Comparison
JEPAX's dividend yield for the trailing twelve months is around 7.73%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEPAX JPMorgan Equity Premium Income Fund Class A | 7.73% | 6.96% | 8.19% | 11.97% | 7.36% | 11.35% | 7.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
JEPAX vs. QQQ - Drawdown Comparison
The maximum JEPAX drawdown since its inception was -32.69%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for JEPAX and QQQ. For additional features, visit the drawdowns tool.
Volatility
JEPAX vs. QQQ - Volatility Comparison
The current volatility for JPMorgan Equity Premium Income Fund Class A (JEPAX) is 5.27%, while Invesco QQQ (QQQ) has a volatility of 8.24%. This indicates that JEPAX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.