JPEQ.AX vs. QQQ
Compare and contrast key facts about JPMorgan US 100Q Equity Premium Income Active ETF (JPEQ.AX) and Invesco QQQ (QQQ).
JPEQ.AX and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPEQ.AX is an actively managed fund by JPMorgan Chase. It was launched on May 23, 2023. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPEQ.AX or QQQ.
Correlation
The correlation between JPEQ.AX and QQQ is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JPEQ.AX vs. QQQ - Performance Comparison
Key characteristics
JPEQ.AX:
1.48
QQQ:
1.40
JPEQ.AX:
2.00
QQQ:
1.90
JPEQ.AX:
1.29
QQQ:
1.25
JPEQ.AX:
2.18
QQQ:
1.88
JPEQ.AX:
8.71
QQQ:
6.51
JPEQ.AX:
2.54%
QQQ:
3.92%
JPEQ.AX:
15.02%
QQQ:
18.23%
JPEQ.AX:
-10.13%
QQQ:
-82.98%
JPEQ.AX:
-1.51%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, JPEQ.AX achieves a 0.04% return, which is significantly lower than QQQ's 5.09% return.
JPEQ.AX
0.04%
-0.07%
18.46%
25.10%
N/A
N/A
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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JPEQ.AX vs. QQQ - Expense Ratio Comparison
Risk-Adjusted Performance
JPEQ.AX vs. QQQ — Risk-Adjusted Performance Rank
JPEQ.AX
QQQ
JPEQ.AX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan US 100Q Equity Premium Income Active ETF (JPEQ.AX) and Invesco QQQ (QQQ). 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.
Dividends
JPEQ.AX vs. QQQ - Dividend Comparison
JPEQ.AX's dividend yield for the trailing twelve months is around 7.89%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPEQ.AX JPMorgan US 100Q Equity Premium Income Active ETF | 7.89% | 7.37% | 4.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
JPEQ.AX vs. QQQ - Drawdown Comparison
The maximum JPEQ.AX drawdown since its inception was -10.13%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for JPEQ.AX and QQQ. For additional features, visit the drawdowns tool.
Volatility
JPEQ.AX vs. QQQ - Volatility Comparison
The current volatility for JPMorgan US 100Q Equity Premium Income Active ETF (JPEQ.AX) is 3.32%, while Invesco QQQ (QQQ) has a volatility of 4.53%. This indicates that JPEQ.AX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.