ROCQ vs. QNDX

Last updated Jul 18, 2026

ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) and QNDX (SPDR Portfolio Nasdaq 100 ETF) are both Nasdaq-100 funds. ROCQ is actively managed, while QNDX is passively managed. With a 0.98 correlation, they move nearly in lockstep. ROCQ charges 0.35%/yr vs 0.10%/yr for QNDX.

Performance

ROCQ vs. QNDX - Performance Comparison

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

Returns By Period

ROCQ

• 1D: -1.14%
• 1M: -2.21%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QNDX

• 1D: -1.55%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROCQ vs. QNDX - Yearly Performance Comparison

	2026 (YTD)
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	-1.30%
QNDX SPDR Portfolio Nasdaq 100 ETF	-2.69%

Correlation

The correlation between ROCQ and QNDX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2026	0.98

Return for Risk

ROCQ vs. QNDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and SPDR Portfolio Nasdaq 100 ETF (QNDX). 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.

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

Drawdowns

ROCQ vs. QNDX - Drawdown Comparison

The maximum ROCQ drawdown since its inception was -5.68%, roughly equal to the maximum QNDX drawdown of -5.57%. Use the drawdown chart below to compare losses from any high point for ROCQ and QNDX.

Drawdown Indicators

	ROCQ	QNDX	Difference
Max Drawdown Largest peak-to-trough decline	-5.68%	-5.57%	-0.11%
Current Drawdown Current decline from peak	-4.04%	-5.57%	+1.53%
Average Drawdown Average peak-to-trough decline	-1.20%	-2.13%	+0.93%

Volatility

Volatility by Period

	ROCQ	QNDX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.32%	22.40%	-3.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.32%	22.40%	-3.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.32%	22.40%	-3.08%

ROCQ vs. QNDX - Expense Ratio Comparison

ROCQ has a 0.35% expense ratio, which is higher than QNDX's 0.10% expense ratio.

Dividends

ROCQ vs. QNDX - Dividend Comparison

ROCQ's dividend yield for the trailing twelve months is around 3.07%, while QNDX has not paid dividends to shareholders.

Position	TTM
QNDX SPDR Portfolio Nasdaq 100 ETF	0.00%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	3.07%

Frequently Asked Questions

Can I hold both ROCQ and QNDX in my portfolio?

With a correlation of 0.98, ROCQ and QNDX 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 QNDX?

On fees, QNDX is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROCQ or QNDX?

QNDX is cheaper with a 0.10% expense ratio, compared with 0.35% for ROCQ.

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

ROCQ has the higher dividend yield at 3.07%, compared with 0.00% for QNDX.

What is the main difference between ROCQ and QNDX?

They also come from different issuers: JPMorgan and State Street. Their fees differ too: 0.35% for ROCQ and 0.10% for QNDX.