TDIV vs. JEPQ.L

Last updated Jun 10, 2026

TDIV (First Trust NASDAQ Technology Dividend Index Fund) and JEPQ.L (JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)) are both exchange-traded funds - TDIV is a Technology Equities fund tracking the NASDAQ Technology Dividend Index, while JEPQ.L is a Nasdaq-100 fund actively managed by JPMorgan. TDIV is passively managed, while JEPQ.L is actively managed. Over the past year, TDIV returned 39.10% vs 24.41% for JEPQ.L. A 0.50 correlation means they provide meaningful diversification when combined. TDIV charges 0.50%/yr vs 0.35%/yr for JEPQ.L.

Performance

TDIV vs. JEPQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NASDAQ Technology Dividend Index Fund (TDIV) and JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEPQ.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TDIV achieves a 20.48% return, which is significantly higher than JEPQ.L's 5.67% return.

TDIV

• 1D: -1.40%
• 1M: 2.98%
• YTD: 20.48%
• 6M: 16.19%
• 1Y: 39.10%
• 3Y*: 29.65%
• 5Y*: 17.29%
• 10Y*: 18.41%

JEPQ.L

• 1D: -1.43%
• 1M: -0.07%
• YTD: 5.67%
• 6M: 6.35%
• 1Y: 24.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDIV vs. JEPQ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TDIV First Trust NASDAQ Technology Dividend Index Fund	20.48%	25.27%	-1.16%
JEPQ.L JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)	5.67%	14.79%	3.73%

Correlation

The correlation between TDIV and JEPQ.L is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024	0.50

The correlation between TDIV and JEPQ.L has been stable across timeframes, ranging from 0.50 to 0.54 - a consistent structural relationship.

TDIV vs. JEPQ.L - Sectors Allocation Comparison

Sectors	TDIV	JEPQ.L
Technology	85.0%	54.0%
Communication Services	13.4%	15.4%
Industrials	1.6%	3.1%
Basic Materials	-	1.0%
Consumer Cyclical	-	12.7%
Consumer Defensive	-	7.1%
Energy	-	0.4%
Financial Services	-	0.4%
Healthcare	-	4.4%
Real Estate	-	0.2%
Utilities	-	1.3%

Return for Risk

TDIV vs. JEPQ.L — Risk / Return Rank

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

TDIV

TDIV Risk / Return Rank: 70
TDIV Sharpe Ratio Rank: 70
TDIV Sortino Ratio Rank: 65
TDIV Omega Ratio Rank: 66
TDIV Calmar Ratio Rank: 79
TDIV Martin Ratio Rank: 67

JEPQ.L

JEPQ.L Risk / Return Rank: 73
JEPQ.L Sharpe Ratio Rank: 70
JEPQ.L Sortino Ratio Rank: 75
JEPQ.L Omega Ratio Rank: 75
JEPQ.L Calmar Ratio Rank: 67
JEPQ.L Martin Ratio Rank: 76

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.

TDIV vs. JEPQ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Technology Dividend Index Fund (TDIV) and JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEPQ.L). 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.

	TDIV	JEPQ.L	Difference
Sharpe ratio: Return per unit of total volatility	2.01	2.01	+0.01
Sortino ratio: Return per unit of downside risk	2.65	2.92	-0.27
Omega ratio: Gain probability vs. loss probability	1.35	1.39	-0.04
Calmar ratio: Return relative to maximum drawdown	3.66	2.94	+0.72
Martin ratio: Return relative to average drawdown	10.96	12.84	-1.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TDIV vs. JEPQ.L - Sharpe Ratio Comparison

The current TDIV Sharpe Ratio is 2.01, which is comparable to the JEPQ.L Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of TDIV and JEPQ.L, 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

	TDIV	JEPQ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.01	2.01	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.95	-0.11

Drawdowns

TDIV vs. JEPQ.L - Drawdown Comparison

The maximum TDIV drawdown since its inception was -31.97%, which is greater than JEPQ.L's maximum drawdown of -20.08%. Use the drawdown chart below to compare losses from any high point for TDIV and JEPQ.L.

Drawdown Indicators

	TDIV	JEPQ.L	Difference
Max Drawdown Largest peak-to-trough decline	-31.97%	-20.08%	-11.89%
Max Drawdown (1Y) Largest decline over 1 year	-10.74%	-8.31%	-2.43%
Max Drawdown (3Y) Largest decline over 3 years	-23.00%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.97%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.97%	—	—
Current Drawdown Current decline from peak	-9.39%	-3.65%	-5.74%
Average Drawdown Average peak-to-trough decline	-4.84%	-2.78%	-2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.58%	1.90%	+1.68%

Volatility

TDIV vs. JEPQ.L - Volatility Comparison

First Trust NASDAQ Technology Dividend Index Fund (TDIV) has a higher volatility of 9.74% compared to JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEPQ.L) at 2.69%. This indicates that TDIV's price experiences larger fluctuations and is considered to be riskier than JEPQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDIV	JEPQ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.74%	2.69%	+7.05%
Volatility (6M) Calculated over the trailing 6-month period	15.37%	9.18%	+6.19%
Volatility (1Y) Calculated over the trailing 1-year period	19.53%	12.16%	+7.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.86%	16.22%	+4.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.95%	16.22%	+4.73%

TDIV vs. JEPQ.L - Expense Ratio Comparison

TDIV has a 0.50% expense ratio, which is higher than JEPQ.L's 0.35% expense ratio.

Dividends

TDIV vs. JEPQ.L - Dividend Comparison

TDIV's dividend yield for the trailing twelve months is around 1.21%, less than JEPQ.L's 10.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JEPQ.L JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)	10.49%	10.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TDIV First Trust NASDAQ Technology Dividend Index Fund	1.21%	1.40%	1.59%	1.74%	2.51%	1.76%	2.07%	2.27%	2.97%	2.27%	2.45%	2.52%

Frequently Asked Questions

Can I hold both TDIV and JEPQ.L in my portfolio?

TDIV and JEPQ.L have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDIV or JEPQ.L?

On fees, JEPQ.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDIV or JEPQ.L?

JEPQ.L is cheaper with a 0.35% expense ratio, compared with 0.50% for TDIV.

What is the main difference between TDIV and JEPQ.L?

TDIV is categorized as Technology Equities, while JEPQ.L is Nasdaq-100. They also come from different issuers: First Trust and JPMorgan. Their fees differ too: 0.50% for TDIV and 0.35% for JEPQ.L.