ROCQ vs. QEW

Last updated Jun 5, 2026

ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) and QEW (Invesco QQQ Equal Weight ETF) are both Nasdaq-100 funds. ROCQ is actively managed, while QEW is passively managed. Their correlation of 0.82 suggests significant overlap in exposure. ROCQ charges 0.35%/yr vs 0.25%/yr for QEW.

Performance

ROCQ vs. QEW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and Invesco QQQ Equal Weight ETF (QEW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ROCQ

• 1D: -0.18%
• 1M: 5.28%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QEW

• 1D: -0.05%
• 1M: 9.40%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROCQ vs. QEW - Yearly Performance Comparison

	2026 (YTD)
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	17.41%
QEW Invesco QQQ Equal Weight ETF	21.39%

Correlation

The correlation between ROCQ and QEW is 0.82, 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 20, 2026	0.82

Return for Risk

ROCQ vs. QEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and Invesco QQQ Equal Weight ETF (QEW). 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.

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

Sharpe Ratios by Period

	ROCQ	QEW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	7.22	9.51	-2.28

Drawdowns

ROCQ vs. QEW - Drawdown Comparison

The maximum ROCQ drawdown since its inception was -5.15%, which is greater than QEW's maximum drawdown of -4.15%. Use the drawdown chart below to compare losses from any high point for ROCQ and QEW.

Drawdown Indicators

	ROCQ	QEW	Difference
Max Drawdown Largest peak-to-trough decline	-5.15%	-4.15%	-1.00%
Current Drawdown Current decline from peak	-0.51%	-0.16%	-0.35%
Average Drawdown Average peak-to-trough decline	-0.66%	-0.57%	-0.09%

Volatility

Volatility by Period

	ROCQ	QEW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	15.65%	+0.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.01%	15.65%	+0.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.01%	15.65%	+0.36%

ROCQ vs. QEW - Expense Ratio Comparison

ROCQ has a 0.35% expense ratio, which is higher than QEW's 0.25% expense ratio.

Dividends

ROCQ vs. QEW - Dividend Comparison

ROCQ's dividend yield for the trailing twelve months is around 2.03%, while QEW has not paid dividends to shareholders.

Position	TTM
QEW Invesco QQQ Equal Weight ETF	0.00%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	2.03%

Frequently Asked Questions

Can I hold both ROCQ and QEW in my portfolio?

ROCQ and QEW have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ROCQ or QEW?

On fees, QEW is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROCQ or QEW?

QEW is cheaper with a 0.25% expense ratio, compared with 0.35% for ROCQ.

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

ROCQ has the higher dividend yield at 2.03%, compared with 0.00% for QEW.

What is the main difference between ROCQ and QEW?

They also come from different issuers: JPMorgan and Invesco. Their fees differ too: 0.35% for ROCQ and 0.25% for QEW.