QQQT vs. JEPQ
Compare and contrast key facts about Defiance Nasdaq 100 Income Target ETF (QQQT) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
QQQT and JEPQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQT is an actively managed fund by Defiance. It was launched on Jun 20, 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: QQQT or JEPQ.
Correlation
The correlation between QQQT and JEPQ is 0.94, 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
QQQT vs. JEPQ - Performance Comparison
Key characteristics
QQQT:
25.41%
JEPQ:
20.34%
QQQT:
-22.51%
JEPQ:
-20.07%
QQQT:
-9.91%
JEPQ:
-9.24%
Returns By Period
In the year-to-date period, QQQT achieves a -5.54% return, which is significantly lower than JEPQ's -5.07% return.
QQQT
-5.54%
14.37%
-1.30%
N/A
N/A
N/A
JEPQ
-5.07%
11.80%
0.00%
8.90%
N/A
N/A
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QQQT vs. JEPQ - Expense Ratio Comparison
QQQT has a 1.05% expense ratio, which is higher than JEPQ's 0.35% expense ratio.
Risk-Adjusted Performance
QQQT vs. JEPQ — Risk-Adjusted Performance Rank
QQQT
JEPQ
QQQT vs. JEPQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Income Target ETF (QQQT) 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
QQQT vs. JEPQ - Dividend Comparison
QQQT's dividend yield for the trailing twelve months is around 18.89%, more than JEPQ's 11.53% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
QQQT Defiance Nasdaq 100 Income Target ETF | 18.89% | 10.35% | 0.00% | 0.00% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 11.53% | 9.66% | 10.02% | 9.44% |
Drawdowns
QQQT vs. JEPQ - Drawdown Comparison
The maximum QQQT drawdown since its inception was -22.51%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for QQQT and JEPQ. For additional features, visit the drawdowns tool.
Volatility
QQQT vs. JEPQ - Volatility Comparison
Defiance Nasdaq 100 Income Target ETF (QQQT) has a higher volatility of 16.28% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 14.57%. This indicates that QQQT'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.