JPEQ.AX vs. QDTE
JPEQ.AX (JPMorgan US 100Q Equity Premium Income Active ETF) and QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, JPEQ.AX returned 14.35% vs 27.30% for QDTE. At a 0.09 correlation, their price movements are largely independent.
Performance
JPEQ.AX vs. QDTE - Performance Comparison
Loading charts...
Different Trading Currencies
JPEQ.AX is traded in AUD, while QDTE is traded in USD. To make them comparable, the QDTE 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 QDTE's 9.12% return.
JPEQ.AX
- 1D
- -0.33%
- 1M
- 4.11%
- YTD
- 0.43%
- 6M
- -0.21%
- 1Y
- 14.35%
- 3Y*
- 15.63%
- 5Y*
- —
- 10Y*
- —
QDTE
- 1D
- 0.31%
- 1M
- 9.58%
- YTD
- 9.12%
- 6M
- 7.60%
- 1Y
- 27.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPEQ.AX vs. QDTE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JPEQ.AX JPMorgan US 100Q Equity Premium Income Active ETF | 0.43% | 4.62% | 21.74% |
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | 9.12% | 10.66% | 24.16% |
Correlation
The correlation between JPEQ.AX and QDTE is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2024 | 0.09 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JPEQ.AX vs. QDTE — Risk / Return Rank
JPEQ.AX
QDTE
JPEQ.AX vs. QDTE - 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 Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE). 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 | QDTE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.38 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 2.31 | -0.83 |
| Martin ratioReturn relative to average drawdown | 4.00 | 6.29 | -2.29 |
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 charts...
Sharpe Ratios by Period
| JPEQ.AX | QDTE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 2.14 | -0.84 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 1.16 | -0.09 |
Drawdowns
JPEQ.AX vs. QDTE - Drawdown Comparison
The maximum JPEQ.AX drawdown since its inception was -18.42%, smaller than the maximum QDTE drawdown of -23.84%. Use the drawdown chart below to compare losses from any high point for JPEQ.AX and QDTE.
Loading charts...
Drawdown Indicators
| JPEQ.AX | QDTE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.42% | -23.84% | +5.42% |
Max Drawdown (1Y)Largest decline over 1 year | -9.59% | -11.85% | +2.26% |
Max Drawdown (3Y)Largest decline over 3 years | -18.42% | — | — |
Current DrawdownCurrent decline from peak | -0.72% | 0.00% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -3.03% | -3.81% | +0.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 4.35% | -0.78% |
Volatility
JPEQ.AX vs. QDTE - Volatility Comparison
The current volatility for JPMorgan US 100Q Equity Premium Income Active ETF (JPEQ.AX) is 1.63%, while Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) has a volatility of 2.61%. This indicates that JPEQ.AX experiences smaller price fluctuations and is considered to be less risky than QDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JPEQ.AX | QDTE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 2.61% | -0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 8.36% | 9.44% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.96% | 12.86% | -1.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.05% | 17.23% | -2.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.05% | 17.23% | -2.18% |
Dividends
JPEQ.AX vs. QDTE - Dividend Comparison
JPEQ.AX's dividend yield for the trailing twelve months is around 9.09%, less than QDTE's 42.16% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
JPEQ.AX JPMorgan US 100Q Equity Premium Income Active ETF | 9.09% | 9.00% | 7.40% | 4.88% |
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | 42.16% | 49.49% | 32.09% | 0.00% |
Frequently Asked Questions
JPEQ.AX and QDTE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: JPMorgan and Roundhill.
Find the right allocation for JPEQ.AX and QDTE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer