JEPQ vs. QQQM
Compare and contrast key facts about JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Invesco NASDAQ 100 ETF (QQQM).
JEPQ and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JEPQ is a passively managed fund by JPMorgan that tracks the performance of the Nasdaq-100 Index. It was launched on May 3, 2022. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both JEPQ and QQQM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
JEPQ vs. QQQM - Performance Comparison
Loading graphics...
JEPQ vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | -1.88% | 15.18% | 24.85% | 36.28% | -12.89% |
QQQM Invesco NASDAQ 100 ETF | -4.75% | 20.85% | 25.68% | 55.01% | -18.74% |
Returns By Period
In the year-to-date period, JEPQ achieves a -1.88% return, which is significantly higher than QQQM's -4.75% return.
JEPQ
- 1D
- 1.02%
- 1M
- -2.60%
- YTD
- -1.88%
- 6M
- 2.46%
- 1Y
- 20.16%
- 3Y*
- 19.46%
- 5Y*
- —
- 10Y*
- —
QQQM
- 1D
- 1.24%
- 1M
- -3.78%
- YTD
- -4.75%
- 6M
- -2.87%
- 1Y
- 24.28%
- 3Y*
- 22.91%
- 5Y*
- 13.24%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JEPQ vs. QQQM - Expense Ratio Comparison
JEPQ has a 0.35% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Return for Risk
JEPQ vs. QQQM — Risk / Return Rank
JEPQ
QQQM
JEPQ vs. QQQM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Invesco NASDAQ 100 ETF (QQQM). 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 | QQQM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.09 | 1.09 | +0.01 |
Sortino ratioReturn per unit of downside risk | 1.66 | 1.68 | -0.01 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.24 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 2.02 | -0.20 |
Martin ratioReturn relative to average drawdown | 8.93 | 7.35 | +1.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| JEPQ | QQQM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 1.09 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.64 | +0.20 |
Correlation
The correlation between JEPQ and QQQM is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
JEPQ vs. QQQM - Dividend Comparison
JEPQ's dividend yield for the trailing twelve months is around 11.14%, more than QQQM's 0.53% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 11.14% | 10.53% | 9.65% | 10.03% | 9.44% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.53% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
JEPQ vs. QQQM - Drawdown Comparison
The maximum JEPQ drawdown since its inception was -20.07%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for JEPQ and QQQM.
Loading graphics...
Drawdown Indicators
| JEPQ | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.07% | -35.04% | +14.97% |
Max Drawdown (1Y)Largest decline over 1 year | -11.58% | -12.55% | +0.97% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.04% | — |
Current DrawdownCurrent decline from peak | -4.89% | -7.86% | +2.97% |
Average DrawdownAverage peak-to-trough decline | -3.55% | -8.47% | +4.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 3.44% | -1.08% |
Volatility
JEPQ vs. QQQM - Volatility Comparison
The current volatility for JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) is 6.08%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 6.58%. This indicates that JEPQ experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| JEPQ | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.08% | 6.58% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 10.52% | 12.79% | -2.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.54% | 22.45% | -3.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.91% | 22.24% | -5.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.91% | 22.26% | -5.35% |