OKTA vs. JEPQ
OKTA (Okta, 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, OKTA returned 19.64%/yr vs 19.68%/yr for JEPQ. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
OKTA vs. JEPQ - Performance Comparison
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Returns By Period
In the year-to-date period, OKTA achieves a 37.13% return, which is significantly higher than JEPQ's 7.54% return.
OKTA
- 1D
- 0.36%
- 1M
- 28.56%
- YTD
- 37.13%
- 6M
- 34.16%
- 1Y
- 20.35%
- 3Y*
- 19.64%
- 5Y*
- -13.59%
- 10Y*
- —
JEPQ
- 1D
- -0.28%
- 1M
- 0.06%
- YTD
- 7.54%
- 6M
- 6.46%
- 1Y
- 23.49%
- 3Y*
- 19.68%
- 5Y*
- —
- 10Y*
- —
OKTA vs. JEPQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
OKTA Okta, Inc. | 37.13% | 9.73% | -12.96% | 32.49% | -41.96% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 7.54% | 15.18% | 24.85% | 36.28% | -11.16% |
Correlation
The correlation between OKTA and JEPQ is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since May 4, 2022 | 0.52 |
The correlation between OKTA and JEPQ shifts across timeframes, from 0.33 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
OKTA vs. JEPQ — Risk / Return Rank
OKTA
JEPQ
OKTA vs. JEPQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Okta, Inc. (OKTA) 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.
| OKTA | JEPQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.36 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | 2.68 | -2.14 |
| Martin ratioReturn relative to average drawdown | 1.27 | 12.63 | -11.36 |
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Drawdowns
OKTA vs. JEPQ - Drawdown Comparison
The maximum OKTA drawdown since its inception was -84.57%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for OKTA and JEPQ.
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Drawdown Indicators
| OKTA | JEPQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.57% | -20.07% | -64.50% |
Max Drawdown (1Y)Largest decline over 1 year | -37.75% | -8.82% | -28.93% |
Max Drawdown (3Y)Largest decline over 3 years | -50.57% | -20.07% | -30.50% |
Max Drawdown (5Y)Largest decline over 5 years | -83.43% | — | — |
Current DrawdownCurrent decline from peak | -59.36% | -2.75% | -56.61% |
Average DrawdownAverage peak-to-trough decline | -38.33% | -3.39% | -34.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.05% | 1.86% | +14.19% |
Volatility
OKTA vs. JEPQ - Volatility Comparison
Okta, Inc. (OKTA) has a higher volatility of 33.11% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 6.27%. This indicates that OKTA'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.
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Volatility by Period
| OKTA | JEPQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.11% | 6.27% | +26.84% |
Volatility (6M)Calculated over the trailing 6-month period | 48.25% | 10.52% | +37.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.87% | 13.06% | +41.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.53% | 16.78% | +40.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.94% | 16.78% | +37.16% |
Dividends
OKTA vs. JEPQ - Dividend Comparison
OKTA has not paid dividends to shareholders, while JEPQ's dividend yield for the trailing twelve months is around 10.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 10.25% | 10.53% | 9.65% | 10.03% | 9.44% |
OKTA Okta, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OKTA and JEPQ have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OKTA has higher volatility (33.11%) compared to JEPQ (6.27%). In terms of maximum drawdown, OKTA dropped -84.57% vs JEPQ's -20.07%.
JEPQ currently has the higher Sharpe Ratio (1.81 vs 0.37), 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.
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