JEPQ.TO vs. TQQQ.TO

Last updated Jun 4, 2026

JEPQ.TO (JPMorgan Nasdaq Equity Premium Income Active ETF) and TQQQ.TO (BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF) are both Nasdaq-100 funds. JEPQ.TO is actively managed, while TQQQ.TO is passively managed. A 0.78 correlation means they provide meaningful diversification when combined.

Performance

JEPQ.TO vs. TQQQ.TO - 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 BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEPQ.TO achieves a 11.09% return, which is significantly lower than TQQQ.TO's 61.21% return.

JEPQ.TO

• 1D: 0.41%
• 1M: 6.30%
• YTD: 11.09%
• 6M: 9.59%
• 1Y: 31.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TQQQ.TO

• 1D: -0.92%
• 1M: 32.95%
• YTD: 61.21%
• 6M: 52.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEPQ.TO vs. TQQQ.TO - Yearly Performance Comparison

	2026 (YTD)	2025
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF	11.09%	18.05%
TQQQ.TO BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF	61.21%	41.06%

Correlation

The correlation between JEPQ.TO and TQQQ.TO is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.78

Return for Risk

JEPQ.TO vs. TQQQ.TO — 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: 78
JEPQ.TO Sharpe Ratio Rank: 77
JEPQ.TO Sortino Ratio Rank: 74
JEPQ.TO Omega Ratio Rank: 80
JEPQ.TO Calmar Ratio Rank: 79
JEPQ.TO Martin Ratio Rank: 81

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. TQQQ.TO - 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 BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ.TO). 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.

	JEPQ.TO	TQQQ.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.51	—	—
Sortino ratio: Return per unit of downside risk	3.36	—	—
Omega ratio: Gain probability vs. loss probability	1.48	—	—
Calmar ratio: Return relative to maximum drawdown	4.08	—	—
Martin ratio: Return relative to average drawdown	16.30	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JEPQ.TO	TQQQ.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.34	2.86	-1.51

Drawdowns

JEPQ.TO vs. TQQQ.TO - Drawdown Comparison

The maximum JEPQ.TO drawdown since its inception was -20.05%, smaller than the maximum TQQQ.TO drawdown of -38.15%. Use the drawdown chart below to compare losses from any high point for JEPQ.TO and TQQQ.TO.

Drawdown Indicators

	JEPQ.TO	TQQQ.TO	Difference
Max Drawdown Largest peak-to-trough decline	-20.05%	-38.15%	+18.10%
Max Drawdown (1Y) Largest decline over 1 year	-7.74%	—	—
Current Drawdown Current decline from peak	-0.40%	-0.92%	+0.52%
Average Drawdown Average peak-to-trough decline	-3.36%	-8.46%	+5.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	—	—

Volatility

Volatility by Period

	JEPQ.TO	TQQQ.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.58%	47.75%	-35.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	47.75%	-30.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.35%	47.75%	-30.40%

Dividends

JEPQ.TO vs. TQQQ.TO - Dividend Comparison

JEPQ.TO's dividend yield for the trailing twelve months is around 10.00%, while TQQQ.TO has not paid dividends to shareholders.

Position	TTM	2025	2024
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF	10.00%	10.34%	5.50%
TQQQ.TO BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

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

JEPQ.TO and TQQQ.TO have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between JEPQ.TO and TQQQ.TO?

They also come from different issuers: JPMorgan and Global X.