JEPQ.TO vs. JEPQ

Last updated Jun 24, 2026

JEPQ.TO (JPMorgan Nasdaq Equity Premium Income Active ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both Nasdaq-100 funds from JPMorgan. JEPQ.TO is actively managed, while JEPQ is passively managed. Over the past year, JEPQ.TO returned 30.28% vs 28.92% for JEPQ. A 0.73 correlation means they provide meaningful diversification when combined. Both charge a 0.35% expense ratio.

Performance

JEPQ.TO vs. JEPQ - Performance Comparison

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

Different Trading Currencies

JEPQ.TO is traded in CAD, while JEPQ is traded in USD. To make them comparable, the JEPQ values have been converted to CAD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with JEPQ.TO having a 11.92% return and JEPQ slightly lower at 11.50%.

JEPQ.TO

• 1D: -2.17%
• 1M: 3.26%
• YTD: 11.92%
• 6M: 11.25%
• 1Y: 30.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPQ

• 1D: -2.59%
• 1M: 3.13%
• YTD: 11.50%
• 6M: 10.21%
• 1Y: 28.92%
• 3Y*: 22.79%
• 5Y*: —
• 10Y*: —

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

JEPQ.TO vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF	11.92%	10.46%	11.30%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	11.50%	9.92%	13.04%

Correlation

The correlation between JEPQ.TO and JEPQ is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (All Time) Calculated using the full available price history since Oct 1, 2024	0.73

The correlation between JEPQ.TO and JEPQ has been stable across timeframes, ranging from 0.70 to 0.73 - a consistent structural relationship.

JEPQ.TO vs. JEPQ - Sectors Allocation Comparison

Sectors	JEPQ.TO	JEPQ
Technology	58.9%	58.9%
Communication Services	13.9%	13.9%
Consumer Cyclical	11.8%	11.8%
Consumer Defensive	6.0%	6.0%
Healthcare	3.9%	3.9%
Industrials	2.8%	2.8%
Utilities	1.1%	1.1%
Basic Materials	0.9%	0.9%
Financial Services	0.3%	0.3%
Energy	0.3%	0.3%
Real Estate	0.2%	0.2%

Return for Risk

JEPQ.TO vs. JEPQ — Risk / Return Rank

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

JEPQ.TO

JEPQ.TO Risk / Return Rank: 75
JEPQ.TO Sharpe Ratio Rank: 72
JEPQ.TO Sortino Ratio Rank: 68
JEPQ.TO Omega Ratio Rank: 75
JEPQ.TO Calmar Ratio Rank: 80
JEPQ.TO Martin Ratio Rank: 81

JEPQ

JEPQ Risk / Return Rank: 63
JEPQ Sharpe Ratio Rank: 60
JEPQ Sortino Ratio Rank: 55
JEPQ Omega Ratio Rank: 66
JEPQ Calmar Ratio Rank: 60
JEPQ Martin Ratio Rank: 74

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.

JEPQ.TO vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ.TO) 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.

	JEPQ.TO	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	2.16	2.16	0.00
Sortino ratio: Return per unit of downside risk	2.91	2.94	-0.02
Omega ratio: Gain probability vs. loss probability	1.41	1.41	+0.01
Calmar ratio: Return relative to maximum drawdown	3.93	3.72	+0.21
Martin ratio: Return relative to average drawdown	15.20	14.82	+0.38

JEPQ.TO vs. JEPQ - Sharpe Ratio Comparison

The current JEPQ.TO Sharpe Ratio is 2.16, which is comparable to the JEPQ Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of JEPQ.TO 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

JEPQ.TO vs. JEPQ - Drawdown Comparison

The maximum JEPQ.TO drawdown since its inception was -20.05%, roughly equal to the maximum JEPQ drawdown of -20.09%. Use the drawdown chart below to compare losses from any high point for JEPQ.TO and JEPQ.

Drawdown Indicators

	JEPQ.TO	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-20.05%	-20.09%	+0.04%
Max Drawdown (1Y) Largest decline over 1 year	-7.74%	-7.82%	+0.08%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.09%	—
Current Drawdown Current decline from peak	-3.23%	-2.59%	-0.64%
Average Drawdown Average peak-to-trough decline	-3.32%	-3.08%	-0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	1.96%	+0.04%

Volatility

JEPQ.TO vs. JEPQ - Volatility Comparison

JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ.TO) has a higher volatility of 7.22% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 6.58%. This indicates that JEPQ.TO's price experiences larger fluctuations and is considered to be riskier than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEPQ.TO	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.22%	6.58%	+0.64%
Volatility (6M) Calculated over the trailing 6-month period	11.46%	11.00%	+0.46%
Volatility (1Y) Calculated over the trailing 1-year period	14.07%	13.49%	+0.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.70%	17.75%	-0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.70%	17.75%	-0.05%

JEPQ.TO vs. JEPQ - Expense Ratio Comparison

Both JEPQ.TO and JEPQ have an expense ratio of 0.35%.

Dividends

JEPQ.TO vs. JEPQ - Dividend Comparison

JEPQ.TO's dividend yield for the trailing twelve months is around 9.92%, less than JEPQ's 10.22% yield.

Position	TTM	2025	2024	2023	2022
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.22%	10.53%	9.65%	10.03%	9.44%
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF	9.92%	10.34%	1.72%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JEPQ.TO and JEPQ in my portfolio?

JEPQ.TO and JEPQ have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JEPQ.TO or JEPQ?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEPQ.TO or JEPQ?

JEPQ.TO and JEPQ have the same expense ratio: 0.35% per year.