JPEQ.AX vs. JEPQ
JPEQ.AX (JPMorgan US 100Q Equity Premium Income Active ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - JPEQ.AX is a Derivative Income fund actively managed by JPMorgan, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. JPEQ.AX is actively managed, while JEPQ is passively managed. Over the past 3 years, JPEQ.AX returned 15.63%/yr vs 17.89%/yr for JEPQ. At a 0.12 correlation, their price movements are largely independent.
Performance
JPEQ.AX vs. JEPQ - Performance Comparison
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Different Trading Currencies
JPEQ.AX is traded in AUD, while JEPQ is traded in USD. To make them comparable, the JEPQ values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, JPEQ.AX achieves a 0.43% return, which is significantly lower than JEPQ's 2.54% return.
JPEQ.AX
- 1D
- -0.33%
- 1M
- 4.11%
- YTD
- 0.43%
- 6M
- -0.21%
- 1Y
- 14.35%
- 3Y*
- 15.63%
- 5Y*
- —
- 10Y*
- —
JEPQ
- 1D
- 0.37%
- 1M
- 4.87%
- YTD
- 2.54%
- 6M
- 1.63%
- 1Y
- 17.00%
- 3Y*
- 17.89%
- 5Y*
- —
- 10Y*
- —
JPEQ.AX vs. JEPQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JPEQ.AX JPMorgan US 100Q Equity Premium Income Active ETF | 0.43% | 4.62% | 36.45% | 10.03% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 2.54% | 6.81% | 37.41% | 11.19% |
Correlation
The correlation between JPEQ.AX and JEPQ is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 24, 2023 | 0.12 |
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Return for Risk
JPEQ.AX vs. JEPQ — Risk / Return Rank
JPEQ.AX
JEPQ
JPEQ.AX vs. JEPQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan US 100Q Equity Premium Income Active ETF (JPEQ.AX) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). 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.
| JPEQ.AX | JEPQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.31 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 1.74 | -0.25 |
| Martin ratioReturn relative to average drawdown | 4.00 | 4.94 | -0.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JPEQ.AX | JEPQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 1.65 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 1.17 | -0.09 |
Drawdowns
JPEQ.AX vs. JEPQ - Drawdown Comparison
The maximum JPEQ.AX drawdown since its inception was -18.42%, roughly equal to the maximum JEPQ drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for JPEQ.AX and JEPQ.
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Drawdown Indicators
| JPEQ.AX | JEPQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.42% | -17.81% | -0.61% |
Max Drawdown (1Y)Largest decline over 1 year | -9.59% | -9.84% | +0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -18.42% | -17.81% | -0.61% |
Current DrawdownCurrent decline from peak | -0.72% | 0.00% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -3.03% | -3.21% | +0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 3.45% | +0.12% |
Volatility
JPEQ.AX vs. JEPQ - Volatility Comparison
JPMorgan US 100Q Equity Premium Income Active ETF (JPEQ.AX) has a higher volatility of 1.63% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 1.51%. This indicates that JPEQ.AX's price experiences larger fluctuations and is considered to be riskier than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPEQ.AX | JEPQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 1.51% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 8.36% | 7.85% | +0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.96% | 10.40% | +0.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.05% | 14.74% | +0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.05% | 14.74% | +0.31% |
Dividends
JPEQ.AX vs. JEPQ - Dividend Comparison
JPEQ.AX's dividend yield for the trailing twelve months is around 9.09%, less than JEPQ's 10.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 10.07% | 10.53% | 9.65% | 10.03% | 9.44% |
JPEQ.AX JPMorgan US 100Q Equity Premium Income Active ETF | 9.09% | 9.00% | 7.40% | 4.88% | 0.00% |
Frequently Asked Questions
JPEQ.AX and JEPQ have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JPEQ.AX is categorized as Derivative Income, while JEPQ is Nasdaq-100.
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