JEPQ vs. IGF

Last updated Jun 9, 2026

JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) and IGF (iShares Global Infrastructure ETF) are both exchange-traded funds - JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index, while IGF is a Industrials Equities fund tracking the S&P Global Infrastructure Index. Both are passively managed. Over the past 3 years, JEPQ returned 20.04%/yr vs 15.43%/yr for IGF. At a 0.45 correlation, their price movements are largely independent. JEPQ charges 0.35%/yr vs 0.39%/yr for IGF.

Performance

JEPQ vs. IGF - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with JEPQ having a 7.44% return and IGF slightly lower at 7.07%.

JEPQ

• 1D: 1.24%
• 1M: 0.97%
• YTD: 7.44%
• 6M: 7.26%
• 1Y: 25.85%
• 3Y*: 20.04%
• 5Y*: —
• 10Y*: —

IGF

• 1D: -0.73%
• 1M: -1.91%
• YTD: 7.07%
• 6M: 8.23%
• 1Y: 13.89%
• 3Y*: 15.43%
• 5Y*: 9.75%
• 10Y*: 8.26%

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

JEPQ vs. IGF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	7.44%	15.18%	24.85%	36.28%	-11.16%
IGF iShares Global Infrastructure ETF	7.07%	21.31%	14.81%	6.14%	-4.74%

Correlation

The correlation between JEPQ and IGF is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (All Time) Calculated using the full available price history since May 4, 2022	0.45

The correlation between JEPQ and IGF shifts across timeframes, from 0.33 (3 years) to 0.45 (all time), reflecting how their relationship changes across market environments.

JEPQ vs. IGF - Sectors Allocation Comparison

Sectors	JEPQ	IGF
Technology	54.0%	-
Communication Services	15.4%	-
Consumer Cyclical	12.8%	-
Consumer Defensive	7.1%	-
Healthcare	4.4%	-
Industrials	3.1%	38.8%
Utilities	1.3%	41.1%
Basic Materials	1.0%	-
Energy	0.4%	20.1%
Financial Services	0.4%	-
Real Estate	0.2%	0.1%

Return for Risk

JEPQ vs. IGF — Risk / Return Rank

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

JEPQ

JEPQ Risk / Return Rank: 73
JEPQ Sharpe Ratio Rank: 73
JEPQ Sortino Ratio Rank: 68
JEPQ Omega Ratio Rank: 79
JEPQ Calmar Ratio Rank: 65
JEPQ Martin Ratio Rank: 80

IGF

IGF Risk / Return Rank: 45
IGF Sharpe Ratio Rank: 42
IGF Sortino Ratio Rank: 41
IGF Omega Ratio Rank: 40
IGF Calmar Ratio Rank: 53
IGF Martin Ratio Rank: 47

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 vs. IGF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and iShares Global Infrastructure ETF (IGF). 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	IGF	Difference
Sharpe ratio: Return per unit of total volatility	2.13	1.32	+0.81
Sortino ratio: Return per unit of downside risk	2.79	1.91	+0.88
Omega ratio: Gain probability vs. loss probability	1.42	1.23	+0.19
Calmar ratio: Return relative to maximum drawdown	2.95	2.38	+0.57
Martin ratio: Return relative to average drawdown	14.33	7.08	+7.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JEPQ vs. IGF - Sharpe Ratio Comparison

The current JEPQ Sharpe Ratio is 2.13, which is higher than the IGF Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of JEPQ and IGF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JEPQ	IGF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	1.32	+0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.70	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.96	0.23	+0.73

Drawdowns

JEPQ vs. IGF - Drawdown Comparison

The maximum JEPQ drawdown since its inception was -20.07%, smaller than the maximum IGF drawdown of -58.33%. Use the drawdown chart below to compare losses from any high point for JEPQ and IGF.

Drawdown Indicators

	JEPQ	IGF	Difference
Max Drawdown Largest peak-to-trough decline	-20.07%	-58.33%	+38.26%
Max Drawdown (1Y) Largest decline over 1 year	-8.82%	-5.87%	-2.95%
Max Drawdown (3Y) Largest decline over 3 years	-20.07%	-14.28%	-5.79%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.83%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.11%	—
Current Drawdown Current decline from peak	-2.02%	-5.29%	+3.27%
Average Drawdown Average peak-to-trough decline	-3.42%	-11.87%	+8.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	1.97%	-0.16%

Volatility

JEPQ vs. IGF - Volatility Comparison

JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and iShares Global Infrastructure ETF (IGF) have volatilities of 3.65% and 3.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEPQ	IGF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.65%	3.61%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	9.66%	8.68%	+0.98%
Volatility (1Y) Calculated over the trailing 1-year period	12.19%	10.56%	+1.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.67%	14.00%	+2.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.67%	16.84%	-0.17%

JEPQ vs. IGF - Expense Ratio Comparison

JEPQ has a 0.35% expense ratio, which is lower than IGF's 0.39% expense ratio.

Dividends

JEPQ vs. IGF - Dividend Comparison

JEPQ's dividend yield for the trailing twelve months is around 10.26%, more than IGF's 3.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGF iShares Global Infrastructure ETF	3.01%	3.23%	3.21%	3.36%	2.67%	2.42%	2.33%	3.27%	3.52%	2.95%	2.98%	3.25%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.26%	10.53%	9.65%	10.03%	9.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JEPQ and IGF in my portfolio?

JEPQ and IGF have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JEPQ or IGF?

JEPQ has higher volatility (3.65%) compared to IGF (3.61%). In terms of maximum drawdown, JEPQ dropped -20.07% vs IGF's -58.33%.

Which ETF is better, JEPQ or IGF?

On 3-year performance, JEPQ leads with 20.04% vs 15.43% for IGF. On fees, JEPQ is cheaper at 0.35% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JEPQ or IGF?

Over the 3-year period, JEPQ has performed better with a 20.04% return vs 15.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JEPQ or IGF?

JEPQ is cheaper with a 0.35% expense ratio, compared with 0.39% for IGF.

Which ETF pays a higher dividend yield, JEPQ or IGF?

JEPQ has the higher dividend yield at 10.26%, compared with 3.01% for IGF.

What is the main difference between JEPQ and IGF?

JEPQ is categorized as Nasdaq-100, while IGF is Industrials Equities. JEPQ tracks Nasdaq-100 Index, while IGF tracks S&P Global Infrastructure Index. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.35% for JEPQ and 0.39% for IGF.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (2.13 vs 1.32), 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.