JEPI vs. IONQ
JEPI (JPMorgan Equity Premium Income ETF) is Dividend fund actively managed by JPMorgan, while IONQ (IonQ, Inc.) is a stock. Over the past 5 years, JEPI returned 7.45%/yr vs 40.49%/yr for IONQ. At a 0.30 correlation, their price movements are largely independent.
Performance
JEPI vs. IONQ - Performance Comparison
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Returns By Period
In the year-to-date period, JEPI achieves a 1.29% return, which is significantly lower than IONQ's 28.93% return.
JEPI
- 1D
- 0.43%
- 1M
- 0.97%
- YTD
- 1.29%
- 6M
- 1.18%
- 1Y
- 8.34%
- 3Y*
- 9.13%
- 5Y*
- 7.45%
- 10Y*
- —
IONQ
- 1D
- -0.24%
- 1M
- 11.36%
- YTD
- 28.93%
- 6M
- 14.90%
- 1Y
- 52.88%
- 3Y*
- 75.90%
- 5Y*
- 40.49%
- 10Y*
- —
JEPI vs. IONQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JEPI JPMorgan Equity Premium Income ETF | 1.29% | 8.09% | 12.57% | 9.83% | -3.49% | 21.52% |
IONQ IonQ, Inc. | 28.93% | 7.42% | 237.13% | 259.13% | -79.34% | 50.11% |
Correlation
The correlation between JEPI and IONQ is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2021 | 0.30 |
The correlation between JEPI and IONQ shifts across timeframes, from 0.15 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
JEPI vs. IONQ — Risk / Return Rank
JEPI
IONQ
JEPI vs. IONQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income ETF (JEPI) and IonQ, Inc. (IONQ). 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.
| JEPI | IONQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.16 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | 0.73 | +0.40 |
| Martin ratioReturn relative to average drawdown | 3.46 | 1.33 | +2.13 |
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Drawdowns
JEPI vs. IONQ - Drawdown Comparison
The maximum JEPI drawdown since its inception was -13.71%, smaller than the maximum IONQ drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for JEPI and IONQ.
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Drawdown Indicators
| JEPI | IONQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.71% | -90.00% | +76.29% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -67.61% | +60.93% |
Max Drawdown (3Y)Largest decline over 3 years | -13.26% | -67.61% | +54.35% |
Max Drawdown (5Y)Largest decline over 5 years | -13.71% | -90.00% | +76.29% |
Current DrawdownCurrent decline from peak | -3.75% | -29.53% | +25.78% |
Average DrawdownAverage peak-to-trough decline | -2.13% | -50.88% | +48.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 37.20% | -35.00% |
Volatility
JEPI vs. IONQ - Volatility Comparison
The current volatility for JPMorgan Equity Premium Income ETF (JEPI) is 2.05%, while IonQ, Inc. (IONQ) has a volatility of 31.60%. This indicates that JEPI experiences smaller price fluctuations and is considered to be less risky than IONQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEPI | IONQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.05% | 31.60% | -29.55% |
Volatility (6M)Calculated over the trailing 6-month period | 6.23% | 68.80% | -62.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.02% | 93.28% | -85.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.08% | 100.48% | -89.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.79% | 97.53% | -86.74% |
Dividends
JEPI vs. IONQ - Dividend Comparison
JEPI's dividend yield for the trailing twelve months is around 8.18%, while IONQ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IONQ IonQ, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JEPI JPMorgan Equity Premium Income ETF | 8.18% | 8.25% | 7.33% | 8.40% | 11.68% | 6.59% | 5.79% |
Frequently Asked Questions
JEPI and IONQ have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IONQ has higher volatility (31.60%) compared to JEPI (2.05%). In terms of maximum drawdown, JEPI dropped -13.71% vs IONQ's -90.00%.
JEPI currently has the higher Sharpe Ratio (0.95 vs 0.53), 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.
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