JQUA vs. ROCQ

Last updated Aug 4, 2026

JQUA (JPMorgan U.S. Quality Factor ETF) and ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) are both exchange-traded funds - JQUA is a Quality Factor fund tracking the JP Morgan US Quality Factor Index, while ROCQ is a Nasdaq-100 fund actively managed by JPMorgan. JQUA is passively managed, while ROCQ is actively managed. Their correlation of 0.82 means they have usually moved in the same direction. JQUA charges 0.12%/yr vs 0.35%/yr for ROCQ.

Performance

JQUA vs. ROCQ - Performance Comparison

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

Returns By Period

JQUA

• 1D: 0.79%
• 1M: 1.13%
• 6M: 13.59%
• YTD: 15.84%
• 1Y: 23.18%
• 3Y*: 19.27%
• 5Y*: 12.98%
• 10Y*: —
• ALL TIME*: 14.80%

ROCQ

• 1D: 1.32%
• 1M: -0.30%
• 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)
JQUA JPMorgan U.S. Quality Factor ETF	$27.54M	$28.89M	$36.27M
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	$13.13M	$10.74M	$11.66M

JQUA vs. ROCQ - Yearly Performance Comparison

	2026 (YTD)
JQUA JPMorgan U.S. Quality Factor ETF	17.78%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	15.09%

Correlation

The correlation between JQUA and ROCQ is 0.82, 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	0.82

Return for Risk

JQUA vs. ROCQ — Risk / Return Rank

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

JQUA

JQUA Risk / Return Rank: 83
JQUA Sharpe Ratio Rank: 82
JQUA Sortino Ratio Rank: 82
JQUA Omega Ratio Rank: 79
JQUA Calmar Ratio Rank: 85
JQUA Martin Ratio Rank: 88

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.

JQUA vs. ROCQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Quality Factor ETF (JQUA) 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.

	JQUA	ROCQ	Difference
Sharpe ratio: Return per unit of total volatility	1.94	—	—
Sortino ratio: Return per unit of downside risk	2.73	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	3.27	—	—
Martin ratio: Return relative to average drawdown	13.35	—	—

Drawdowns

JQUA vs. ROCQ - Drawdown Comparison

The maximum JQUA drawdown since its inception was -32.92%, which is greater than ROCQ's maximum drawdown of -8.05%. Use the drawdown chart below to compare losses from any high point for JQUA and ROCQ.

Drawdown Indicators

	JQUA	ROCQ	Difference
Max Drawdown Largest peak-to-trough decline	-32.92%	-8.05%	-24.87%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.47%	—	—
Current Drawdown Current decline from peak	0.00%	-3.02%	+3.02%
Average Drawdown Average peak-to-trough decline	-4.10%	-1.58%	-2.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.74%	—	—

Volatility

Volatility by Period

	JQUA	ROCQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.01%	19.99%	-7.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.73%	19.99%	-4.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.92%	19.99%	-2.07%

JQUA vs. ROCQ - Expense Ratio Comparison

JQUA has a 0.12% expense ratio, which is lower than ROCQ's 0.35% expense ratio.

Dividends

JQUA vs. ROCQ - Dividend Comparison

JQUA's dividend yield for the trailing twelve months is around 1.07%, less than ROCQ's 4.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
JQUA JPMorgan U.S. Quality Factor ETF	1.07%	1.19%	1.24%	1.21%	1.60%	1.32%	1.44%	1.67%	2.10%	0.40%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	4.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JQUA and ROCQ in my portfolio?

JQUA and ROCQ have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JQUA or ROCQ?

On fees, JQUA is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JQUA or ROCQ?

JQUA is cheaper with a 0.12% expense ratio, compared with 0.35% for ROCQ.

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

ROCQ has the higher dividend yield at 4.37%, compared with 1.07% for JQUA.

What is the main difference between JQUA and ROCQ?

JQUA is categorized as Quality Factor, while ROCQ is Nasdaq-100. Their fees differ too: 0.12% for JQUA and 0.35% for ROCQ.