QQQI vs. JEPQ
Compare and contrast key facts about NEOS Nasdaq 100 High Income ETF (QQQI) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
QQQI and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQI is an actively managed fund by Neos Investments. It was launched on Jan 30, 2024. JEPQ is an actively managed fund by JPMorgan Chase. It was launched on May 3, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQI or JEPQ.
Correlation
The correlation between QQQI and JEPQ is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QQQI vs. JEPQ - Performance Comparison
Key characteristics
QQQI:
14.19%
JEPQ:
12.53%
QQQI:
-10.67%
JEPQ:
-16.82%
QQQI:
-1.94%
JEPQ:
-1.48%
Returns By Period
QQQI
N/A
2.59%
9.44%
N/A
N/A
N/A
JEPQ
25.70%
2.67%
9.33%
26.16%
N/A
N/A
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QQQI vs. JEPQ - Expense Ratio Comparison
QQQI has a 0.68% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
QQQI vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq 100 High Income ETF (QQQI) 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.
Not enough dataDividends
QQQI vs. JEPQ - Dividend Comparison
QQQI's dividend yield for the trailing twelve months is around 11.49%, more than JEPQ's 9.41% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
QQQI NEOS Nasdaq 100 High Income ETF | 11.49% | 0.00% | 0.00% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.41% | 10.02% | 9.44% |
Drawdowns
QQQI vs. JEPQ - Drawdown Comparison
The maximum QQQI drawdown since its inception was -10.67%, smaller than the maximum JEPQ drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for QQQI and JEPQ. For additional features, visit the drawdowns tool.
Volatility
QQQI vs. JEPQ - Volatility Comparison
NEOS Nasdaq 100 High Income ETF (QQQI) has a higher volatility of 3.09% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 2.83%. This indicates that QQQI'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.