KNSL vs. JEPQ

Last updated Jul 18, 2026

KNSL (Kinsale Capital Group, Inc.) is a stock, while JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) is Nasdaq-100 fund tracking the Nasdaq-100 Index. Over the past 3 years, KNSL returned -2.86%/yr vs 17.81%/yr for JEPQ. At a 0.18 correlation, their price movements are largely independent.

Performance

KNSL vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kinsale Capital Group, Inc. (KNSL) 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, KNSL achieves a -11.92% return, which is significantly lower than JEPQ's 6.52% return.

KNSL

• 1D: 2.52%
• 1M: 11.24%
• 6M: -13.62%
• YTD: -11.92%
• 1Y: -28.73%
• 3Y*: -2.86%
• 5Y*: 14.72%
• 10Y*: —

JEPQ

• 1D: -1.27%
• 1M: -2.07%
• 6M: 5.08%
• YTD: 6.52%
• 1Y: 18.99%
• 3Y*: 17.81%
• 5Y*: —
• 10Y*: —

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

KNSL vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
KNSL Kinsale Capital Group, Inc.	-11.92%	-15.78%	39.06%	28.27%	20.01%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	6.52%	15.18%	24.85%	36.28%	-11.16%

Correlation

The correlation between KNSL and JEPQ is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (All Time) Calculated using the full available price history since May 4, 2022	0.18

The correlation between KNSL and JEPQ shifts across timeframes, from -0.15 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.

Return for Risk

KNSL vs. JEPQ — Risk / Return Rank

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

KNSL

KNSL Risk / Return Rank: 13
KNSL Sharpe Ratio Rank: 8
KNSL Sortino Ratio Rank: 11
KNSL Omega Ratio Rank: 13
KNSL Calmar Ratio Rank: 16
KNSL Martin Ratio Rank: 14

JEPQ

JEPQ Risk / Return Rank: 53
JEPQ Sharpe Ratio Rank: 49
JEPQ Sortino Ratio Rank: 45
JEPQ Omega Ratio Rank: 51
JEPQ Calmar Ratio Rank: 53
JEPQ Martin Ratio Rank: 69

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.

KNSL vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinsale Capital Group, Inc. (KNSL) 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.

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.

	KNSL	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.84	1.37	-2.22
Sortino ratio: Return per unit of downside risk	-1.11	1.89	-3.00
Omega ratio: Gain probability vs. loss probability	0.87	1.26	-0.39
Calmar ratio: Return relative to maximum drawdown	-0.72	2.16	-2.88
Martin ratio: Return relative to average drawdown	-1.24	9.86	-11.10

KNSL vs. JEPQ - Sharpe Ratio Comparison

The current KNSL Sharpe Ratio is -0.84, which is lower than the JEPQ Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of KNSL 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.

Drawdowns

KNSL vs. JEPQ - Drawdown Comparison

The maximum KNSL drawdown since its inception was -46.83%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for KNSL and JEPQ.

Drawdown Indicators

	KNSL	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-46.83%	-20.07%	-26.76%
Max Drawdown (1Y) Largest decline over 1 year	-40.07%	-8.82%	-31.25%
Max Drawdown (3Y) Largest decline over 3 years	-46.83%	-20.07%	-26.76%
Max Drawdown (5Y) Largest decline over 5 years	-46.83%	—	—
Current Drawdown Current decline from peak	-36.97%	-3.80%	-33.17%
Average Drawdown Average peak-to-trough decline	-12.19%	-3.37%	-8.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.21%	1.93%	+21.28%

Volatility

KNSL vs. JEPQ - Volatility Comparison

Kinsale Capital Group, Inc. (KNSL) has a higher volatility of 13.64% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 5.85%. This indicates that KNSL'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

	KNSL	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.64%	5.85%	+7.79%
Volatility (6M) Calculated over the trailing 6-month period	25.47%	11.47%	+14.00%
Volatility (1Y) Calculated over the trailing 1-year period	34.16%	13.90%	+20.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.75%	16.83%	+21.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.26%	16.83%	+21.43%

Dividends

KNSL vs. JEPQ - Dividend Comparison

KNSL's dividend yield for the trailing twelve months is around 0.24%, less than JEPQ's 10.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.70%	10.53%	9.65%	10.03%	9.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KNSL Kinsale Capital Group, Inc.	0.24%	0.17%	0.13%	0.17%	0.20%	0.18%	0.18%	0.31%	0.50%	0.53%	0.29%

Frequently Asked Questions

Can I hold both KNSL and JEPQ in my portfolio?

KNSL and JEPQ have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KNSL or JEPQ?

KNSL has higher volatility (13.64%) compared to JEPQ (5.85%). In terms of maximum drawdown, KNSL dropped -46.83% vs JEPQ's -20.07%.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (1.37 vs -0.84), 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.