JEPQ vs. BBRE
JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) and BBRE (JPMorgan BetaBuilders MSCI US REIT ETF) are both exchange-traded funds - JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index, while BBRE is a REIT fund tracking the MSCI US REIT Index. Both are passively managed. Over the past 3 years, JEPQ returned 17.64%/yr vs 12.24%/yr for BBRE. Their 0.40 correlation means their historical movements had little consistent relationship. JEPQ charges 0.35%/yr vs 0.11%/yr for BBRE.
Performance
JEPQ vs. BBRE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JEPQ achieves a 5.52% return, which is significantly lower than BBRE's 23.40% return.
JEPQ
- 1D
- -0.97%
- 1M
- -2.60%
- 6M
- 3.56%
- YTD
- 5.52%
- 1Y
- 17.19%
- 3Y*
- 17.64%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.50%
BBRE
- 1D
- 2.14%
- 1M
- 4.84%
- 6M
- 20.78%
- YTD
- 23.40%
- 1Y
- 24.14%
- 3Y*
- 12.24%
- 5Y*
- 5.60%
- 10Y*
- —
- ALL TIME*
- 8.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.35M | $4.29M | $4.76M | |
| $411.15M | $392.07M | $419.06M |
JEPQ vs. BBRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 5.52% | 15.18% | 24.85% | 36.28% | -11.16% |
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 23.40% | 2.09% | 8.24% | 13.85% | -16.59% |
Correlation
The correlation between JEPQ and BBRE is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 4, 2022 | 0.40 |
Over the past year, the correlation between JEPQ and BBRE has dropped to 0.05 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JEPQ vs. BBRE — Risk / Return Rank
JEPQ
BBRE
JEPQ vs. BBRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE). 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 | BBRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.29 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 2.99 | -1.02 |
| Martin ratioReturn relative to average drawdown | 8.72 | 9.58 | -0.86 |
Loading charts...
Drawdowns
JEPQ vs. BBRE - Drawdown Comparison
The maximum JEPQ drawdown since its inception was -20.07%, smaller than the maximum BBRE drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for JEPQ and BBRE.
Loading charts...
Drawdown Indicators
| JEPQ | BBRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.07% | -43.61% | +23.54% |
Max Drawdown (1Y)Largest decline over 1 year | -8.82% | -8.07% | -0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -20.07% | -18.92% | -1.15% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.15% | — |
Current DrawdownCurrent decline from peak | -4.71% | 0.00% | -4.71% |
Average DrawdownAverage peak-to-trough decline | -3.37% | -10.35% | +6.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 2.51% | -0.52% |
Volatility
JEPQ vs. BBRE - Volatility Comparison
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a higher volatility of 5.63% compared to JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) at 4.86%. This indicates that JEPQ's price experiences larger fluctuations and is considered to be riskier than BBRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JEPQ | BBRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 4.86% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 11.56% | 10.88% | +0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.13% | 14.29% | -0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.84% | 18.81% | -1.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.84% | 22.49% | -5.65% |
JEPQ vs. BBRE - Expense Ratio Comparison
JEPQ has a 0.35% expense ratio, which is higher than BBRE's 0.11% expense ratio.
Dividends
JEPQ vs. BBRE - Dividend Comparison
JEPQ's dividend yield for the trailing twelve months is around 10.80%, more than BBRE's 2.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 2.51% | 3.24% | 3.19% | 3.68% | 2.62% | 1.70% | 3.17% | 2.19% | 1.96% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 10.80% | 10.53% | 9.65% | 10.03% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JEPQ and BBRE have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JEPQ has higher volatility (5.63%) compared to BBRE (4.86%). In terms of maximum drawdown, JEPQ dropped -20.07% vs BBRE's -43.61%.
On 3-year performance, JEPQ leads with 17.64% vs 12.24% for BBRE. On fees, BBRE is cheaper at 0.11% per year. On volatility, BBRE has been the lower-risk option at 4.86%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, JEPQ has performed better with a 17.64% return vs 12.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BBRE is cheaper with a 0.11% expense ratio, compared with 0.35% for JEPQ.
JEPQ has the higher dividend yield at 10.80%, compared with 2.51% for BBRE.
JEPQ is categorized as Nasdaq-100, while BBRE is REIT. JEPQ tracks Nasdaq-100 Index, while BBRE tracks MSCI US REIT Index. Their fees differ too: 0.35% for JEPQ and 0.11% for BBRE.
BBRE currently has the higher Sharpe Ratio (1.69 vs 1.23), 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.
Find the right allocation for JEPQ and BBRE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer