JTEK vs. JEPQ

Last updated Jun 5, 2026

JTEK (JPMorgan U.S. Tech Leaders ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - JTEK is a Technology Equities fund actively managed by JPMorgan, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. JTEK is actively managed, while JEPQ is passively managed. Over the past year, JTEK returned 38.02% vs 28.59% for JEPQ. Their correlation of 0.89 suggests significant overlap in exposure. JTEK charges 0.65%/yr vs 0.35%/yr for JEPQ.

Performance

JTEK vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Tech Leaders ETF (JTEK) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JTEK achieves a 21.18% return, which is significantly higher than JEPQ's 9.42% return.

JTEK

• 1D: -0.83%
• 1M: 10.08%
• YTD: 21.18%
• 6M: 18.72%
• 1Y: 38.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPQ

• 1D: -0.12%
• 1M: 3.79%
• YTD: 9.42%
• 6M: 9.57%
• 1Y: 28.59%
• 3Y*: 20.81%
• 5Y*: —
• 10Y*: —

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

JTEK vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JTEK JPMorgan U.S. Tech Leaders ETF	21.18%	19.03%	28.69%	18.14%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	9.42%	15.18%	24.85%	10.06%

Correlation

The correlation between JTEK and JEPQ is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Oct 6, 2023	0.89

The correlation between JTEK and JEPQ has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.

JTEK vs. JEPQ - Sectors Allocation Comparison

Sectors	JTEK	JEPQ
Technology	63.8%	54.0%
Communication Services	17.9%	15.4%
Consumer Cyclical	9.2%	12.8%
Financial Services	4.5%	0.4%
Industrials	2.2%	3.1%
Healthcare	1.5%	4.4%
Real Estate	1.0%	0.2%
Energy	0.8%	0.4%
Basic Materials	-	1.0%
Consumer Defensive	-	7.1%
Utilities	-	1.3%

Return for Risk

JTEK vs. JEPQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JTEK

JTEK Risk / Return Rank: 40
JTEK Sharpe Ratio Rank: 46
JTEK Sortino Ratio Rank: 42
JTEK Omega Ratio Rank: 41
JTEK Calmar Ratio Rank: 36
JTEK Martin Ratio Rank: 34

JEPQ

JEPQ Risk / Return Rank: 76
JEPQ Sharpe Ratio Rank: 77
JEPQ Sortino Ratio Rank: 73
JEPQ Omega Ratio Rank: 81
JEPQ Calmar Ratio Rank: 66
JEPQ Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JTEK vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Tech Leaders ETF (JTEK) 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.

	JTEK	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	1.57	2.45	-0.88
Sortino ratio: Return per unit of downside risk	2.09	3.25	-1.15
Omega ratio: Gain probability vs. loss probability	1.26	1.48	-0.22
Calmar ratio: Return relative to maximum drawdown	1.74	3.26	-1.52
Martin ratio: Return relative to average drawdown	5.06	15.99	-10.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JTEK vs. JEPQ - Sharpe Ratio Comparison

The current JTEK Sharpe Ratio is 1.57, which is lower than the JEPQ Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of JTEK and JEPQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JTEK	JEPQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	2.45	-0.88
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	1.00	+0.26

Drawdowns

JTEK vs. JEPQ - Drawdown Comparison

The maximum JTEK drawdown since its inception was -30.61%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for JTEK and JEPQ.

Drawdown Indicators

	JTEK	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-30.61%	-20.07%	-10.54%
Max Drawdown (1Y) Largest decline over 1 year	-22.02%	-8.82%	-13.20%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.07%	—
Current Drawdown Current decline from peak	-1.80%	-0.21%	-1.59%
Average Drawdown Average peak-to-trough decline	-5.58%	-3.42%	-2.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.54%	1.79%	+5.75%

Volatility

JTEK vs. JEPQ - Volatility Comparison

JPMorgan U.S. Tech Leaders ETF (JTEK) has a higher volatility of 7.27% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 1.28%. This indicates that JTEK'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.

Volatility by Period

	JTEK	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.27%	1.28%	+5.99%
Volatility (6M) Calculated over the trailing 6-month period	18.75%	9.06%	+9.69%
Volatility (1Y) Calculated over the trailing 1-year period	24.32%	11.72%	+12.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.36%	16.60%	+10.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.36%	16.60%	+10.76%

JTEK vs. JEPQ - Expense Ratio Comparison

JTEK has a 0.65% expense ratio, which is higher than JEPQ's 0.35% expense ratio.

Dividends

JTEK vs. JEPQ - Dividend Comparison

JTEK has not paid dividends to shareholders, while JEPQ's dividend yield for the trailing twelve months is around 10.08%.

Position	TTM	2025	2024	2023	2022
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.08%	10.53%	9.65%	10.03%	9.44%
JTEK JPMorgan U.S. Tech Leaders ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JTEK and JEPQ in my portfolio?

JTEK and JEPQ have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JTEK or JEPQ?

JTEK has higher volatility (7.27%) compared to JEPQ (1.28%). In terms of maximum drawdown, JTEK dropped -30.61% vs JEPQ's -20.07%.

Which ETF is better, JTEK or JEPQ?

On 1-year performance, JTEK leads with 38.02% vs 28.59% for JEPQ. On fees, JEPQ is cheaper at 0.35% per year. On volatility, JEPQ has been the lower-risk option at 1.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JTEK or JEPQ?

Over the 1-year period, JTEK has performed better with a 38.02% return vs 28.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JTEK or JEPQ?

JEPQ is cheaper with a 0.35% expense ratio, compared with 0.65% for JTEK.

Which ETF pays a higher dividend yield, JTEK or JEPQ?

JEPQ has the higher dividend yield at 10.08%, compared with 0.00% for JTEK.

What is the main difference between JTEK and JEPQ?

JTEK is categorized as Technology Equities, while JEPQ is Nasdaq-100. Their fees differ too: 0.65% for JTEK and 0.35% for JEPQ.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (2.45 vs 1.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.