JPEF vs. ROCQ

Last updated Aug 2, 2026

JPEF (JPMorgan Equity Focus ETF) and ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) are both exchange-traded funds - JPEF is a Large Cap Blend Equities fund actively managed by JPMorgan, while ROCQ is a Nasdaq-100 fund actively managed by JPMorgan. Both are actively managed. Their correlation of 0.86 means they have usually moved in the same direction. JPEF charges 0.50%/yr vs 0.35%/yr for ROCQ.

Performance

JPEF vs. ROCQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Focus ETF (JPEF) and JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JPEF

• 1D: 1.05%
• 1M: 0.24%
• 6M: 5.98%
• YTD: 7.28%
• 1Y: 15.49%
• 3Y*: 17.71%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.66%

ROCQ

• 1D: 0.57%
• 1M: -1.59%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JPEF JPMorgan Equity Focus ETF	$8.69M	$8.49M	$7.43M
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	$13.25M	$10.81M	$11.79M

JPEF vs. ROCQ - Yearly Performance Comparison

	2026 (YTD)
JPEF JPMorgan Equity Focus ETF	10.43%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	13.59%

Correlation

The correlation between JPEF and ROCQ is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.86

Return for Risk

JPEF vs. ROCQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JPEF

JPEF Risk / Return Rank: 47
JPEF Sharpe Ratio Rank: 44
JPEF Sortino Ratio Rank: 43
JPEF Omega Ratio Rank: 43
JPEF Calmar Ratio Rank: 46
JPEF Martin Ratio Rank: 57

ROCQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JPEF vs. ROCQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Focus ETF (JPEF) and JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ). 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.

	JPEF	ROCQ	Difference
Sharpe ratio: Return per unit of total volatility	1.09	—	—
Sortino ratio: Return per unit of downside risk	1.58	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.65	—	—
Martin ratio: Return relative to average drawdown	6.78	—	—

Drawdowns

JPEF vs. ROCQ - Drawdown Comparison

The maximum JPEF drawdown since its inception was -18.09%, which is greater than ROCQ's maximum drawdown of -8.05%. Use the drawdown chart below to compare losses from any high point for JPEF and ROCQ.

Drawdown Indicators

	JPEF	ROCQ	Difference
Max Drawdown Largest peak-to-trough decline	-18.09%	-8.05%	-10.04%
Max Drawdown (1Y) Largest decline over 1 year	-8.25%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.09%	—	—
Current Drawdown Current decline from peak	-1.36%	-4.27%	+2.91%
Average Drawdown Average peak-to-trough decline	-2.13%	-1.57%	-0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	—	—

Volatility

Volatility by Period

	JPEF	ROCQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.52%	20.01%	-7.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.02%	20.01%	-4.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.02%	20.01%	-4.99%

JPEF vs. ROCQ - Expense Ratio Comparison

JPEF has a 0.50% expense ratio, which is higher than ROCQ's 0.35% expense ratio.

Dividends

JPEF vs. ROCQ - Dividend Comparison

JPEF's dividend yield for the trailing twelve months is around 0.65%, less than ROCQ's 3.08% yield.

Position	TTM	2025	2024	2023
JPEF JPMorgan Equity Focus ETF	0.65%	0.70%	0.71%	0.39%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	3.08%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JPEF and ROCQ in my portfolio?

JPEF and ROCQ have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPEF or ROCQ?

On fees, ROCQ is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JPEF or ROCQ?

ROCQ is cheaper with a 0.35% expense ratio, compared with 0.50% for JPEF.

Which ETF pays a higher dividend yield, JPEF or ROCQ?

ROCQ has the higher dividend yield at 3.08%, compared with 0.65% for JPEF.

What is the main difference between JPEF and ROCQ?

JPEF is categorized as Large Cap Blend Equities, while ROCQ is Nasdaq-100. Their fees differ too: 0.50% for JPEF and 0.35% for ROCQ.