JEPQ vs. VTI

Last updated Jun 6, 2026

JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 3 years, JEPQ returned 19.56%/yr vs 21.08%/yr for VTI. Their correlation of 0.91 suggests significant overlap in exposure. JEPQ charges 0.35%/yr vs 0.03%/yr for VTI.

Performance

JEPQ vs. VTI - Performance Comparison

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

Returns By Period

In the year-to-date period, JEPQ achieves a 6.12% return, which is significantly lower than VTI's 8.72% return.

JEPQ

• 1D: -3.01%
• 1M: 0.08%
• YTD: 6.12%
• 6M: 5.89%
• 1Y: 25.16%
• 3Y*: 19.56%
• 5Y*: —
• 10Y*: —

VTI

• 1D: -2.68%
• 1M: 0.42%
• YTD: 8.72%
• 6M: 8.29%
• 1Y: 26.04%
• 3Y*: 21.08%
• 5Y*: 12.19%
• 10Y*: 14.71%

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

JEPQ vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	6.12%	15.18%	24.85%	36.28%	-12.89%
VTI Vanguard Total Stock Market ETF	8.72%	17.10%	23.81%	26.05%	-10.15%

Correlation

The correlation between JEPQ and VTI is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (All Time) Calculated using the full available price history since May 5, 2022	0.91

The correlation between JEPQ and VTI has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

JEPQ vs. VTI - Sectors Allocation Comparison

Sectors	JEPQ	VTI
Technology	54.0%	33.5%
Communication Services	15.4%	10.3%
Consumer Cyclical	12.8%	10.0%
Consumer Defensive	7.1%	4.7%
Healthcare	4.4%	9.2%
Industrials	3.1%	9.8%
Utilities	1.3%	2.3%
Basic Materials	1.0%	2.0%
Energy	0.4%	3.7%
Financial Services	0.4%	12.0%
Real Estate	0.2%	2.4%

Return for Risk

JEPQ vs. VTI — Risk / Return Rank

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

JEPQ

JEPQ Risk / Return Rank: 65
JEPQ Sharpe Ratio Rank: 64
JEPQ Sortino Ratio Rank: 58
JEPQ Omega Ratio Rank: 71
JEPQ Calmar Ratio Rank: 59
JEPQ Martin Ratio Rank: 75

VTI

VTI Risk / Return Rank: 64
VTI Sharpe Ratio Rank: 64
VTI Sortino Ratio Rank: 61
VTI Omega Ratio Rank: 63
VTI Calmar Ratio Rank: 60
VTI Martin Ratio Rank: 73

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. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Vanguard Total Stock Market ETF (VTI). 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	VTI	Difference
Sharpe ratio: Return per unit of total volatility	2.09	2.10	-0.01
Sortino ratio: Return per unit of downside risk	2.73	2.83	-0.10
Omega ratio: Gain probability vs. loss probability	1.41	1.38	+0.04
Calmar ratio: Return relative to maximum drawdown	2.87	2.93	-0.07
Martin ratio: Return relative to average drawdown	13.99	13.45	+0.54
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. VTI - Sharpe Ratio Comparison

The current JEPQ Sharpe Ratio is 2.09, which is comparable to the VTI Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of JEPQ and VTI, 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	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.09	2.10	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.70	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.50	+0.44

Drawdowns

JEPQ vs. VTI - Drawdown Comparison

The maximum JEPQ drawdown since its inception was -20.07%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for JEPQ and VTI.

Drawdown Indicators

	JEPQ	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-20.07%	-55.45%	+35.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.82%	-8.92%	+0.10%
Max Drawdown (3Y) Largest decline over 3 years	-20.07%	-19.30%	-0.77%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-3.22%	-2.93%	-0.29%
Average Drawdown Average peak-to-trough decline	-3.42%	-8.02%	+4.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	1.94%	-0.14%

Volatility

JEPQ vs. VTI - Volatility Comparison

The current volatility for JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) is 3.44%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 3.90%. This indicates that JEPQ experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEPQ	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.44%	3.90%	-0.46%
Volatility (6M) Calculated over the trailing 6-month period	9.59%	9.55%	+0.04%
Volatility (1Y) Calculated over the trailing 1-year period	12.13%	12.48%	-0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.66%	17.44%	-0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.66%	18.32%	-1.66%

JEPQ vs. VTI - Expense Ratio Comparison

JEPQ has a 0.35% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

JEPQ vs. VTI - Dividend Comparison

JEPQ's dividend yield for the trailing twelve months is around 10.39%, more than VTI's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.39%	10.53%	9.65%	10.03%	9.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.04%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both JEPQ and VTI in my portfolio?

With a correlation of 0.90, JEPQ and VTI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JEPQ or VTI?

VTI has higher volatility (3.90%) compared to JEPQ (3.44%). In terms of maximum drawdown, JEPQ dropped -20.07% vs VTI's -55.45%.

Which ETF is better, JEPQ or VTI?

On 3-year performance, VTI leads with 21.08% vs 19.56% for JEPQ. On fees, VTI is cheaper at 0.03% per year. On volatility, JEPQ has been the lower-risk option at 3.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JEPQ or VTI?

Over the 3-year period, VTI has performed better with a 21.08% return vs 19.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JEPQ or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.35% for JEPQ.

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

JEPQ has the higher dividend yield at 10.39%, compared with 1.04% for VTI.

What is the main difference between JEPQ and VTI?

JEPQ is categorized as Nasdaq-100, while VTI is Large Cap Blend Equities. JEPQ tracks Nasdaq-100 Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.35% for JEPQ and 0.03% for VTI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (2.10 vs 2.08), 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.