ROCQ vs. SPIN

Last updated Jun 5, 2026

ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) and SPIN (State Street US Equity Premium Income ETF) are both exchange-traded funds - ROCQ is a Nasdaq-100 fund actively managed by JPMorgan, while SPIN is a Derivative Income fund actively managed by State Street. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. ROCQ charges 0.35%/yr vs 0.25%/yr for SPIN.

Performance

ROCQ vs. SPIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and State Street US Equity Premium Income ETF (SPIN). 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*: —

SPIN

• 1D: 0.26%
• 1M: 2.42%
• YTD: 3.18%
• 6M: 3.72%
• 1Y: 19.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROCQ vs. SPIN - Yearly Performance Comparison

	2026 (YTD)
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	17.41%
SPIN State Street US Equity Premium Income ETF	7.69%

Correlation

The correlation between ROCQ and SPIN is 0.81, 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	0.81

Return for Risk

ROCQ vs. SPIN — Risk / Return Rank

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

SPIN

SPIN Risk / Return Rank: 53
SPIN Sharpe Ratio Rank: 56
SPIN Sortino Ratio Rank: 55
SPIN Omega Ratio Rank: 59
SPIN Calmar Ratio Rank: 41
SPIN Martin Ratio Rank: 50

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. SPIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and State Street US Equity Premium Income ETF (SPIN). 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	SPIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	7.22	0.96	+6.26

Drawdowns

ROCQ vs. SPIN - Drawdown Comparison

The maximum ROCQ drawdown since its inception was -5.15%, smaller than the maximum SPIN drawdown of -16.85%. Use the drawdown chart below to compare losses from any high point for ROCQ and SPIN.

Drawdown Indicators

	ROCQ	SPIN	Difference
Max Drawdown Largest peak-to-trough decline	-5.15%	-16.85%	+11.70%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.81%	—
Current Drawdown Current decline from peak	-0.51%	-0.14%	-0.37%
Average Drawdown Average peak-to-trough decline	-0.66%	-2.28%	+1.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.35%	—

Volatility

Volatility by Period

	ROCQ	SPIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.81%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	10.49%	+5.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.01%	14.31%	+1.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.01%	14.31%	+1.70%

ROCQ vs. SPIN - Expense Ratio Comparison

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

Dividends

ROCQ vs. SPIN - Dividend Comparison

ROCQ's dividend yield for the trailing twelve months is around 2.03%, less than SPIN's 5.63% yield.

Position	TTM	2025	2024
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	2.03%	0.00%	0.00%
SPIN State Street US Equity Premium Income ETF	5.63%	8.20%	2.36%

Frequently Asked Questions

Can I hold both ROCQ and SPIN in my portfolio?

ROCQ and SPIN have a correlation of 0.81, 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 SPIN?

On fees, SPIN 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 SPIN?

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

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

SPIN has the higher dividend yield at 5.63%, compared with 2.03% for ROCQ.

What is the main difference between ROCQ and SPIN?

ROCQ is categorized as Nasdaq-100, while SPIN is Derivative Income. They also come from different issuers: JPMorgan and State Street. Their fees differ too: 0.35% for ROCQ and 0.25% for SPIN.