SIXA vs. JEPQ

Last updated Jun 4, 2026

SIXA (6 Meridian Mega Cap Equity ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - SIXA is a Large Cap Blend Equities fund actively managed by Exchange Traded Concepts, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. SIXA is actively managed, while JEPQ is passively managed. Over the past 3 years, SIXA returned 20.65%/yr vs 20.92%/yr for JEPQ. A 0.64 correlation means they provide meaningful diversification when combined. SIXA charges 0.86%/yr vs 0.35%/yr for JEPQ.

Performance

SIXA vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 6 Meridian Mega Cap Equity ETF (SIXA) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIXA achieves a 11.89% return, which is significantly higher than JEPQ's 9.54% return.

SIXA

• 1D: -0.09%
• 1M: 2.40%
• YTD: 11.89%
• 6M: 12.48%
• 1Y: 18.71%
• 3Y*: 20.65%
• 5Y*: 12.50%
• 10Y*: —

JEPQ

• 1D: -0.10%
• 1M: 4.31%
• YTD: 9.54%
• 6M: 9.75%
• 1Y: 29.00%
• 3Y*: 20.92%
• 5Y*: —
• 10Y*: —

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

SIXA vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SIXA 6 Meridian Mega Cap Equity ETF	11.89%	15.52%	22.70%	11.98%	-2.92%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	9.54%	15.18%	24.85%	36.28%	-12.89%

Correlation

The correlation between SIXA and JEPQ is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (All Time) Calculated using the full available price history since May 5, 2022	0.64

The correlation between SIXA and JEPQ shifts across timeframes, from 0.45 (1 year) to 0.64 (all time), reflecting how their relationship changes across market environments.

SIXA vs. JEPQ - Sectors Allocation Comparison

Sectors	SIXA	JEPQ
Consumer Defensive	23.8%	7.1%
Technology	19.7%	54.0%
Communication Services	13.4%	15.4%
Healthcare	12.7%	4.4%
Financial Services	9.6%	0.4%
Industrials	7.8%	3.1%
Consumer Cyclical	6.7%	12.8%
Utilities	5.0%	1.3%
Energy	3.1%	0.4%
Real Estate	1.4%	0.2%
Basic Materials	-	1.0%

Return for Risk

SIXA vs. JEPQ — Risk / Return Rank

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

SIXA

SIXA Risk / Return Rank: 65
SIXA Sharpe Ratio Rank: 62
SIXA Sortino Ratio Rank: 68
SIXA Omega Ratio Rank: 60
SIXA Calmar Ratio Rank: 68
SIXA Martin Ratio Rank: 69

JEPQ

JEPQ Risk / Return Rank: 74
JEPQ Sharpe Ratio Rank: 74
JEPQ Sortino Ratio Rank: 71
JEPQ Omega Ratio Rank: 80
JEPQ Calmar Ratio Rank: 65
JEPQ Martin Ratio Rank: 80

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.

SIXA vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 6 Meridian Mega Cap Equity ETF (SIXA) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). 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.

	SIXA	JEPQ	Difference
Sharpe ratio Return per unit of total volatility	2.10	2.49	-0.38
Sortino ratio Return per unit of downside risk	3.14	3.29	-0.15
Omega ratio Gain probability vs. loss probability	1.37	1.49	-0.12
Calmar ratio Return relative to maximum drawdown	3.36	3.31	+0.06
Martin ratio Return relative to average drawdown	12.75	16.22	-3.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIXA vs. JEPQ - Sharpe Ratio Comparison

The current SIXA Sharpe Ratio is 2.10, which is comparable to the JEPQ Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of SIXA and JEPQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SIXA	JEPQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	2.49	-0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.98	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.20	1.00	+0.20

Drawdowns

SIXA vs. JEPQ - Drawdown Comparison

The maximum SIXA drawdown since its inception was -18.38%, smaller than the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for SIXA and JEPQ.

Drawdown Indicators

	SIXA	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-20.07%	+1.69%
Max Drawdown (1Y) Largest decline over 1 year	-5.59%	-8.82%	+3.23%
Max Drawdown (3Y) Largest decline over 3 years	-11.22%	-20.07%	+8.85%
Max Drawdown (5Y) Largest decline over 5 years	-18.38%	—	—
Current Drawdown Current decline from peak	-0.84%	-0.10%	-0.74%
Average Drawdown Average peak-to-trough decline	-3.00%	-3.42%	+0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	1.79%	-0.32%

Volatility

SIXA vs. JEPQ - Volatility Comparison

6 Meridian Mega Cap Equity ETF (SIXA) has a higher volatility of 2.56% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 1.26%. This indicates that SIXA's price experiences larger fluctuations and is considered to be riskier than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIXA	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.56%	1.26%	+1.30%
Volatility (6M) Calculated over the trailing 6-month period	6.76%	9.07%	-2.31%
Volatility (1Y) Calculated over the trailing 1-year period	8.94%	11.73%	-2.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.80%	16.61%	-3.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.36%	16.61%	-3.25%

SIXA vs. JEPQ - Expense Ratio Comparison

SIXA has a 0.86% expense ratio, which is higher than JEPQ's 0.35% expense ratio.

Dividends

SIXA vs. JEPQ - Dividend Comparison

SIXA's dividend yield for the trailing twelve months is around 2.01%, less than JEPQ's 10.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.07%	10.53%	9.65%	10.03%	9.44%	0.00%	0.00%
SIXA 6 Meridian Mega Cap Equity ETF	2.01%	2.31%	1.62%	2.12%	2.23%	1.63%	1.13%

Frequently Asked Questions

Can I hold both SIXA and JEPQ in my portfolio?

SIXA and JEPQ have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIXA or JEPQ?

SIXA has higher volatility (2.56%) compared to JEPQ (1.26%). In terms of maximum drawdown, SIXA dropped -18.38% vs JEPQ's -20.07%.

Which ETF is better, SIXA or JEPQ?

On 3-year performance, JEPQ leads with 20.92% vs 20.65% for SIXA. On fees, JEPQ is cheaper at 0.35% per year. On volatility, JEPQ has been the lower-risk option at 1.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SIXA or JEPQ?

Over the 3-year period, JEPQ has performed better with a 20.92% return vs 20.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SIXA or JEPQ?

JEPQ is cheaper with a 0.35% expense ratio, compared with 0.86% for SIXA.

Which ETF pays a higher dividend yield, SIXA or JEPQ?

JEPQ has the higher dividend yield at 10.07%, compared with 2.01% for SIXA.

What is the main difference between SIXA and JEPQ?

SIXA is categorized as Large Cap Blend Equities, while JEPQ is Nasdaq-100. They also come from different issuers: Exchange Traded Concepts and JPMorgan. Their fees differ too: 0.86% for SIXA and 0.35% for JEPQ.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (2.49 vs 2.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.