STRC vs. JEPQ

Last updated Jun 23, 2026

STRC (Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock) is a stock, while JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) is Nasdaq-100 fund tracking the Nasdaq-100 Index. At a 0.38 correlation, their price movements are largely independent.

Performance

STRC vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) 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, STRC achieves a -3.81% return, which is significantly lower than JEPQ's 10.59% return.

STRC

• 1D: 0.23%
• 1M: -8.74%
• YTD: -3.81%
• 6M: -3.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPQ

• 1D: 0.07%
• 1M: 2.89%
• YTD: 10.59%
• 6M: 10.22%
• 1Y: 29.42%
• 3Y*: 20.80%
• 5Y*: —
• 10Y*: —

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

STRC vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025
STRC Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock	-3.81%	10.08%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.59%	10.82%

Correlation

The correlation between STRC and JEPQ is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.38

Return for Risk

STRC vs. JEPQ — Risk / Return Rank

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

STRC

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

JEPQ

JEPQ Risk / Return Rank: 75
JEPQ Sharpe Ratio Rank: 75
JEPQ Sortino Ratio Rank: 70
JEPQ Omega Ratio Rank: 80
JEPQ Calmar Ratio Rank: 69
JEPQ 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.

STRC vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) 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.

	STRC	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	—	2.30	—
Sortino ratio: Return per unit of downside risk	—	3.05	—
Omega ratio: Gain probability vs. loss probability	—	1.46	—
Calmar ratio: Return relative to maximum drawdown	—	3.35	—
Martin ratio: Return relative to average drawdown	—	15.94	—

Drawdowns

STRC vs. JEPQ - Drawdown Comparison

The maximum STRC drawdown since its inception was -9.10%, smaller than the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for STRC and JEPQ.

Drawdown Indicators

	STRC	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-9.10%	-20.07%	+10.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.82%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.07%	—
Current Drawdown Current decline from peak	-8.89%	0.00%	-8.89%
Average Drawdown Average peak-to-trough decline	-0.78%	-3.40%	+2.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.85%	—

Volatility

Volatility by Period

	STRC	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.31%	12.85%	+1.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.31%	16.75%	-2.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.31%	16.75%	-2.44%

Dividends

STRC vs. JEPQ - Dividend Comparison

STRC's dividend yield for the trailing twelve months is around 12.28%, more than JEPQ's 9.97% yield.

Position	TTM	2025	2024	2023	2022
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	9.97%	10.53%	9.65%	10.03%	9.44%
STRC Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock	12.28%	4.31%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STRC and JEPQ in my portfolio?

STRC and JEPQ have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.