ROCQ vs. NAPR

Last updated Jul 17, 2026

ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) and NAPR (Innovator Nasdaq-100 Power Buffer ETF - April) are both Nasdaq-100 funds. ROCQ is actively managed, while NAPR is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. ROCQ charges 0.35%/yr vs 0.79%/yr for NAPR.

Performance

ROCQ vs. NAPR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and Innovator Nasdaq-100 Power Buffer ETF - April (NAPR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ROCQ

• 1D: -1.65%
• 1M: -1.75%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NAPR

• 1D: -0.36%
• 1M: -0.18%
• 6M: 9.69%
• YTD: 10.03%
• 1Y: 15.32%
• 3Y*: 11.81%
• 5Y*: 9.58%
• 10Y*: —

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

ROCQ vs. NAPR - Yearly Performance Comparison

	2026 (YTD)
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	15.19%
NAPR Innovator Nasdaq-100 Power Buffer ETF - April	8.55%

Correlation

The correlation between ROCQ and NAPR is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.90

Return for Risk

ROCQ vs. NAPR — Risk / Return Rank

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

ROCQ

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

NAPR

NAPR Risk / Return Rank: 97
NAPR Sharpe Ratio Rank: 97
NAPR Sortino Ratio Rank: 97
NAPR Omega Ratio Rank: 97
NAPR Calmar Ratio Rank: 97
NAPR Martin Ratio Rank: 98

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.

ROCQ vs. NAPR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and Innovator Nasdaq-100 Power Buffer ETF - April (NAPR). 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.

	ROCQ	NAPR	Difference
Sharpe ratio: Return per unit of total volatility	—	3.44	—
Sortino ratio: Return per unit of downside risk	—	5.46	—
Omega ratio: Gain probability vs. loss probability	—	1.78	—
Calmar ratio: Return relative to maximum drawdown	—	8.60	—
Martin ratio: Return relative to average drawdown	—	43.88	—

Drawdowns

ROCQ vs. NAPR - Drawdown Comparison

The maximum ROCQ drawdown since its inception was -5.68%, smaller than the maximum NAPR drawdown of -16.53%. Use the drawdown chart below to compare losses from any high point for ROCQ and NAPR.

Drawdown Indicators

	ROCQ	NAPR	Difference
Max Drawdown Largest peak-to-trough decline	-5.68%	-16.53%	+10.85%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.79%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.53%	—
Current Drawdown Current decline from peak	-2.93%	-0.55%	-2.38%
Average Drawdown Average peak-to-trough decline	-1.16%	-2.25%	+1.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.35%	—

Volatility

Volatility by Period

	ROCQ	NAPR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.30%	4.48%	+14.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.30%	11.32%	+7.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.30%	10.57%	+8.73%

ROCQ vs. NAPR - Expense Ratio Comparison

ROCQ has a 0.35% expense ratio, which is lower than NAPR's 0.79% expense ratio.

Dividends

ROCQ vs. NAPR - Dividend Comparison

ROCQ's dividend yield for the trailing twelve months is around 3.04%, while NAPR has not paid dividends to shareholders.

Position	TTM
NAPR Innovator Nasdaq-100 Power Buffer ETF - April	0.00%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	3.04%

Frequently Asked Questions

Can I hold both ROCQ and NAPR in my portfolio?

With a correlation of 0.90, ROCQ and NAPR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ROCQ or NAPR?

On fees, ROCQ 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, ROCQ or NAPR?

ROCQ is cheaper with a 0.35% expense ratio, compared with 0.79% for NAPR.

Which ETF pays a higher dividend yield, ROCQ or NAPR?

ROCQ has the higher dividend yield at 3.04%, compared with 0.00% for NAPR.

What is the main difference between ROCQ and NAPR?

They also come from different issuers: JPMorgan and Innovator. Their fees differ too: 0.35% for ROCQ and 0.79% for NAPR.