ROCY vs. JQUA

Last updated Jul 17, 2026

ROCY (JPMorgan Equity Premium Yield ETF) and JQUA (JPMorgan U.S. Quality Factor ETF) are both exchange-traded funds - ROCY is a Derivative Income fund actively managed by JPMorgan, while JQUA is a Large Cap Blend Equities fund tracking the JP Morgan US Quality Factor Index. ROCY is actively managed, while JQUA is passively managed. A 0.79 correlation means they provide meaningful diversification when combined. ROCY charges 0.35%/yr vs 0.12%/yr for JQUA.

Performance

ROCY vs. JQUA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Premium Yield ETF (ROCY) and JPMorgan U.S. Quality Factor ETF (JQUA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ROCY

• 1D: -0.24%
• 1M: 1.18%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JQUA

• 1D: 0.15%
• 1M: 1.37%
• 6M: 12.45%
• YTD: 14.76%
• 1Y: 21.94%
• 3Y*: 18.45%
• 5Y*: 13.39%
• 10Y*: —

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

ROCY vs. JQUA - Yearly Performance Comparison

	2026 (YTD)
ROCY JPMorgan Equity Premium Yield ETF	12.15%
JQUA JPMorgan U.S. Quality Factor ETF	16.68%

Correlation

The correlation between ROCY and JQUA is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.79

Return for Risk

ROCY vs. JQUA — Risk / Return Rank

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

ROCY

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

JQUA

JQUA Risk / Return Rank: 74
JQUA Sharpe Ratio Rank: 72
JQUA Sortino Ratio Rank: 72
JQUA Omega Ratio Rank: 67
JQUA Calmar Ratio Rank: 75
JQUA Martin Ratio Rank: 82

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.

ROCY vs. JQUA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Yield ETF (ROCY) and JPMorgan U.S. Quality Factor ETF (JQUA). 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.

	ROCY	JQUA	Difference
Sharpe ratio: Return per unit of total volatility	—	1.84	—
Sortino ratio: Return per unit of downside risk	—	2.60	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	3.09	—
Martin ratio: Return relative to average drawdown	—	12.63	—

Drawdowns

ROCY vs. JQUA - Drawdown Comparison

The maximum ROCY drawdown since its inception was -3.53%, smaller than the maximum JQUA drawdown of -32.92%. Use the drawdown chart below to compare losses from any high point for ROCY and JQUA.

Drawdown Indicators

	ROCY	JQUA	Difference
Max Drawdown Largest peak-to-trough decline	-3.53%	-32.92%	+29.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.13%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.81%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.47%	—
Current Drawdown Current decline from peak	-0.24%	-0.51%	+0.27%
Average Drawdown Average peak-to-trough decline	-0.61%	-4.12%	+3.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.74%	—

Volatility

Volatility by Period

	ROCY	JQUA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.37%	11.99%	-0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.37%	15.74%	-4.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.37%	17.96%	-6.59%

ROCY vs. JQUA - Expense Ratio Comparison

ROCY has a 0.35% expense ratio, which is higher than JQUA's 0.12% expense ratio.

Dividends

ROCY vs. JQUA - Dividend Comparison

ROCY's dividend yield for the trailing twelve months is around 2.29%, more than JQUA's 1.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
JQUA JPMorgan U.S. Quality Factor ETF	1.08%	1.19%	1.24%	1.21%	1.60%	1.32%	1.44%	1.67%	2.10%	0.40%
ROCY JPMorgan Equity Premium Yield ETF	2.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ROCY and JQUA in my portfolio?

ROCY and JQUA have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ROCY or JQUA?

On fees, JQUA is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROCY or JQUA?

JQUA is cheaper with a 0.12% expense ratio, compared with 0.35% for ROCY.

Which ETF pays a higher dividend yield, ROCY or JQUA?

ROCY has the higher dividend yield at 2.29%, compared with 1.08% for JQUA.

What is the main difference between ROCY and JQUA?

ROCY is categorized as Derivative Income, while JQUA is Large Cap Blend Equities. Their fees differ too: 0.35% for ROCY and 0.12% for JQUA.