QQQM vs. JEPQ
Compare and contrast key facts about Invesco NASDAQ 100 ETF (QQQM) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
QQQM and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. JEPQ is a passively managed fund by JPMorgan that tracks the performance of the Nasdaq-100 Index. It was launched on May 3, 2022. Both QQQM and JEPQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
QQQM vs. JEPQ - Performance Comparison
Loading graphics...
QQQM vs. JEPQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QQQM Invesco NASDAQ 100 ETF | -5.92% | 20.85% | 25.68% | 55.01% | -18.74% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | -2.87% | 15.18% | 24.85% | 36.28% | -12.89% |
Returns By Period
In the year-to-date period, QQQM achieves a -5.92% return, which is significantly lower than JEPQ's -2.87% return.
QQQM
- 1D
- 3.37%
- 1M
- -4.84%
- YTD
- -5.92%
- 6M
- -3.59%
- 1Y
- 23.76%
- 3Y*
- 22.41%
- 5Y*
- 12.96%
- 10Y*
- —
JEPQ
- 1D
- 3.25%
- 1M
- -3.50%
- YTD
- -2.87%
- 6M
- 1.65%
- 1Y
- 19.82%
- 3Y*
- 19.06%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QQQM vs. JEPQ - Expense Ratio Comparison
QQQM has a 0.15% expense ratio, which is lower than JEPQ's 0.35% expense ratio.
Return for Risk
QQQM vs. JEPQ — Risk / Return Rank
QQQM
JEPQ
QQQM vs. JEPQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) 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.
| QQQM | JEPQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 1.07 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.65 | 1.64 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.27 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.89 | 1.70 | +0.19 |
Martin ratioReturn relative to average drawdown | 6.96 | 8.45 | -1.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| QQQM | JEPQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 1.07 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.82 | -0.20 |
Correlation
The correlation between QQQM and JEPQ is 0.97, 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.
Dividends
QQQM vs. JEPQ - Dividend Comparison
QQQM's dividend yield for the trailing twelve months is around 0.53%, less than JEPQ's 11.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QQQM Invesco NASDAQ 100 ETF | 0.53% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 11.10% | 10.53% | 9.65% | 10.03% | 9.44% | 0.00% | 0.00% |
Drawdowns
QQQM vs. JEPQ - Drawdown Comparison
The maximum QQQM drawdown since its inception was -35.04%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for QQQM and JEPQ.
Loading graphics...
Drawdown Indicators
| QQQM | JEPQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.04% | -20.07% | -14.97% |
Max Drawdown (1Y)Largest decline over 1 year | -12.55% | -11.58% | -0.97% |
Max Drawdown (5Y)Largest decline over 5 years | -35.04% | — | — |
Current DrawdownCurrent decline from peak | -8.99% | -5.85% | -3.14% |
Average DrawdownAverage peak-to-trough decline | -8.47% | -3.55% | -4.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 2.34% | +1.07% |
Volatility
QQQM vs. JEPQ - Volatility Comparison
Invesco NASDAQ 100 ETF (QQQM) has a higher volatility of 6.48% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 6.02%. This indicates that QQQM'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.
Loading graphics...
Volatility by Period
| QQQM | JEPQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.48% | 6.02% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 12.73% | 10.47% | +2.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.42% | 18.52% | +3.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.25% | 16.91% | +5.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.27% | 16.91% | +5.36% |