TQQQ.TO vs. JEPQ.TO
TQQQ.TO (BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF) and JEPQ.TO (JPMorgan Nasdaq Equity Premium Income Active ETF) are both Nasdaq-100 funds. TQQQ.TO is passively managed, while JEPQ.TO is actively managed. Over the past year, TQQQ.TO returned 93.21% vs 30.28% for JEPQ.TO. A 0.79 correlation means they provide meaningful diversification when combined.
Performance
TQQQ.TO vs. JEPQ.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TQQQ.TO achieves a 38.31% return, which is significantly higher than JEPQ.TO's 11.92% return.
TQQQ.TO
- 1D
- -10.09%
- 1M
- -4.73%
- YTD
- 38.31%
- 6M
- 32.51%
- 1Y
- 93.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JEPQ.TO
- 1D
- -2.17%
- 1M
- 3.26%
- YTD
- 11.92%
- 6M
- 11.25%
- 1Y
- 30.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TQQQ.TO vs. JEPQ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TQQQ.TO BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF | 38.31% | 38.56% |
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF | 11.92% | 18.14% |
Correlation
The correlation between TQQQ.TO and JEPQ.TO 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 (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2025 | 0.79 |
The correlation between TQQQ.TO and JEPQ.TO has been stable across timeframes, ranging from 0.79 to 0.79 - a consistent structural relationship.
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Return for Risk
TQQQ.TO vs. JEPQ.TO — Risk / Return Rank
TQQQ.TO
JEPQ.TO
TQQQ.TO vs. JEPQ.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ.TO) and JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ.TO). 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.
| TQQQ.TO | JEPQ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.41 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | 3.93 | -1.47 |
| Martin ratioReturn relative to average drawdown | 7.67 | 15.20 | -7.53 |
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Drawdowns
TQQQ.TO vs. JEPQ.TO - Drawdown Comparison
The maximum TQQQ.TO drawdown since its inception was -38.15%, which is greater than JEPQ.TO's maximum drawdown of -20.05%. Use the drawdown chart below to compare losses from any high point for TQQQ.TO and JEPQ.TO.
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Drawdown Indicators
| TQQQ.TO | JEPQ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.15% | -20.05% | -18.10% |
Max Drawdown (1Y)Largest decline over 1 year | -38.15% | -7.74% | -30.41% |
Current DrawdownCurrent decline from peak | -14.99% | -3.23% | -11.76% |
Average DrawdownAverage peak-to-trough decline | -8.56% | -3.32% | -5.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.20% | 2.00% | +10.20% |
Volatility
TQQQ.TO vs. JEPQ.TO - Volatility Comparison
BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ.TO) has a higher volatility of 27.08% compared to JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ.TO) at 7.22%. This indicates that TQQQ.TO's price experiences larger fluctuations and is considered to be riskier than JEPQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TQQQ.TO | JEPQ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.08% | 7.22% | +19.86% |
Volatility (6M)Calculated over the trailing 6-month period | 43.38% | 11.46% | +31.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.25% | 14.07% | +39.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.03% | 17.70% | +35.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.03% | 17.70% | +35.33% |
Dividends
TQQQ.TO vs. JEPQ.TO - Dividend Comparison
TQQQ.TO has not paid dividends to shareholders, while JEPQ.TO's dividend yield for the trailing twelve months is around 9.92%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF | 9.92% | 10.34% | 1.72% |
TQQQ.TO BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TQQQ.TO and JEPQ.TO 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.
They also come from different issuers: Global X and JPMorgan.
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