KYLD vs. JEPQ

Last updated Jun 4, 2026

KYLD (Kurv High Income ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - KYLD is a Derivative Income fund actively managed by Kurv, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. KYLD is actively managed, while JEPQ is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. KYLD charges 1.00%/yr vs 0.35%/yr for JEPQ.

Performance

KYLD vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv High Income ETF (KYLD) 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, KYLD achieves a 18.37% return, which is significantly higher than JEPQ's 9.54% return.

KYLD

• 1D: 0.00%
• 1M: 10.94%
• YTD: 18.37%
• 6M: 13.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPQ

• 1D: -0.10%
• 1M: 4.31%
• YTD: 9.54%
• 6M: 9.75%
• 1Y: 29.00%
• 3Y*: 20.92%
• 5Y*: —
• 10Y*: —

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

KYLD vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025
KYLD Kurv High Income ETF	18.37%	-10.91%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	9.54%	1.07%

Correlation

The correlation between KYLD and JEPQ is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025	0.78

Return for Risk

KYLD vs. JEPQ — Risk / Return Rank

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

JEPQ

JEPQ Risk / Return Rank: 74
JEPQ Sharpe Ratio Rank: 74
JEPQ Sortino Ratio Rank: 71
JEPQ Omega Ratio Rank: 80
JEPQ Calmar Ratio Rank: 65
JEPQ Martin Ratio Rank: 80

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.

KYLD vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv High Income ETF (KYLD) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	KYLD	JEPQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	1.00	-0.71

Drawdowns

KYLD vs. JEPQ - Drawdown Comparison

The maximum KYLD drawdown since its inception was -20.69%, roughly equal to the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for KYLD and JEPQ.

Drawdown Indicators

	KYLD	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-20.69%	-20.07%	-0.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.82%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.07%	—
Current Drawdown Current decline from peak	0.00%	-0.10%	+0.10%
Average Drawdown Average peak-to-trough decline	-8.57%	-3.42%	-5.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.79%	—

Volatility

Volatility by Period

	KYLD	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	32.84%	11.73%	+21.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.84%	16.61%	+16.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.84%	16.61%	+16.23%

KYLD vs. JEPQ - Expense Ratio Comparison

KYLD has a 1.00% expense ratio, which is higher than JEPQ's 0.35% expense ratio.

Dividends

KYLD vs. JEPQ - Dividend Comparison

KYLD's dividend yield for the trailing twelve months is around 17.05%, more than JEPQ's 10.07% yield.

Position	TTM	2025	2024	2023	2022
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.07%	10.53%	9.65%	10.03%	9.44%
KYLD Kurv High Income ETF	17.05%	6.14%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KYLD and JEPQ in my portfolio?

KYLD and JEPQ have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KYLD or JEPQ?

On fees, JEPQ is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KYLD or JEPQ?

JEPQ is cheaper with a 0.35% expense ratio, compared with 1.00% for KYLD.

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

KYLD has the higher dividend yield at 17.05%, compared with 10.07% for JEPQ.

What is the main difference between KYLD and JEPQ?

KYLD is categorized as Derivative Income, while JEPQ is Nasdaq-100. They also come from different issuers: Kurv and JPMorgan. Their fees differ too: 1.00% for KYLD and 0.35% for JEPQ.