SM vs. JEPQ
SM (SM Energy Company) is a stock, while JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) is Nasdaq-100 fund tracking the Nasdaq-100 Index. Over the past 3 years, SM returned -0.89%/yr vs 17.49%/yr for JEPQ. Their 0.18 correlation means their historical movements had little consistent relationship.
Performance
SM vs. JEPQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SM achieves a 76.60% return, which is significantly higher than JEPQ's 6.05% return.
SM
- 1D
- 2.81%
- 1M
- 21.12%
- 6M
- 69.61%
- YTD
- 76.60%
- 1Y
- 26.35%
- 3Y*
- -0.89%
- 5Y*
- 13.85%
- 10Y*
- 3.50%
- ALL TIME*
- 8.28%
JEPQ
- 1D
- 0.57%
- 1M
- -1.92%
- 6M
- 3.71%
- YTD
- 6.05%
- 1Y
- 19.59%
- 3Y*
- 17.49%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $439.89M | $417.31M | $422.49M | |
| $102.21M | $105.05M | $118.88M |
SM vs. JEPQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SM SM Energy Company | 76.60% | -49.72% | 1.84% | 13.14% | -7.10% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 6.05% | 15.18% | 24.85% | 36.28% | -11.16% |
Correlation
The correlation between SM and JEPQ is -0.15, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.05 |
Correlation (All Time) Calculated using the full available price history since May 4, 2022 | 0.18 |
The correlation between SM and JEPQ shifts across timeframes, from -0.15 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SM vs. JEPQ — Risk / Return Rank
SM
JEPQ
SM vs. JEPQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SM Energy Company (SM) 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.
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.
| SM | JEPQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.23 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 2.02 | -1.44 |
| Martin ratioReturn relative to average drawdown | 1.05 | 8.30 | -7.25 |
Loading charts...
Drawdowns
SM vs. JEPQ - Drawdown Comparison
The maximum SM drawdown since its inception was -98.85%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for SM and JEPQ.
Loading charts...
Drawdown Indicators
| SM | JEPQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.85% | -20.07% | -78.78% |
Max Drawdown (1Y)Largest decline over 1 year | -38.16% | -8.82% | -29.34% |
Max Drawdown (3Y)Largest decline over 3 years | -64.87% | -20.07% | -44.80% |
Max Drawdown (5Y)Largest decline over 5 years | -65.01% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -97.46% | — | — |
Current DrawdownCurrent decline from peak | -59.58% | -4.23% | -55.35% |
Average DrawdownAverage peak-to-trough decline | -40.01% | -3.38% | -36.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.10% | 2.14% | +18.96% |
Volatility
SM vs. JEPQ - Volatility Comparison
SM Energy Company (SM) has a higher volatility of 17.28% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 6.09%. This indicates that SM'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.
Loading charts...
Volatility by Period
| SM | JEPQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.28% | 6.09% | +11.19% |
Volatility (6M)Calculated over the trailing 6-month period | 40.81% | 12.15% | +28.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.14% | 14.65% | +36.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.72% | 16.90% | +36.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.70% | 16.90% | +62.80% |
Dividends
SM vs. JEPQ - Dividend Comparison
SM's dividend yield for the trailing twelve months is around 2.58%, less than JEPQ's 10.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.99% | 10.53% | 9.65% | 10.03% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SM SM Energy Company | 2.58% | 5.35% | 1.91% | 1.55% | 0.46% | 0.07% | 0.33% | 0.89% | 0.65% | 0.45% | 0.29% | 0.51% |
Frequently Asked Questions
SM and JEPQ have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SM has higher volatility (17.28%) compared to JEPQ (6.09%). In terms of maximum drawdown, SM dropped -98.85% vs JEPQ's -20.07%.
JEPQ currently has the higher Sharpe Ratio (1.22 vs 0.43), 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.
Find the right allocation for SM and JEPQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer