TTP.TO vs. JEPQ

Last updated Jun 24, 2026

TTP.TO (TD Canadian Equity Index ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - TTP.TO is a Canada Equities fund tracking the Solactive Canada Broad Market Index (CA NTR), while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. Both are passively managed. Over the past 3 years, TTP.TO returned 25.14%/yr vs 22.79%/yr for JEPQ. A 0.52 correlation means they provide meaningful diversification when combined. TTP.TO charges 0.05%/yr vs 0.35%/yr for JEPQ.

Performance

TTP.TO vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD Canadian Equity Index ETF (TTP.TO) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TTP.TO is traded in CAD, while JEPQ is traded in USD. To make them comparable, the JEPQ values have been converted to CAD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with TTP.TO having a 11.16% return and JEPQ slightly higher at 11.50%.

TTP.TO

• 1D: -0.30%
• 1M: 1.39%
• YTD: 11.16%
• 6M: 10.09%
• 1Y: 34.28%
• 3Y*: 25.14%
• 5Y*: 14.95%
• 10Y*: 13.16%

JEPQ

• 1D: -2.59%
• 1M: 3.13%
• YTD: 11.50%
• 6M: 10.21%
• 1Y: 28.92%
• 3Y*: 22.79%
• 5Y*: —
• 10Y*: —

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

TTP.TO vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TTP.TO TD Canadian Equity Index ETF	11.16%	31.96%	21.65%	11.66%	-5.05%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	11.50%	9.92%	35.42%	33.04%	-6.18%

Correlation

The correlation between TTP.TO and JEPQ is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (All Time) Calculated using the full available price history since May 4, 2022	0.52

The correlation between TTP.TO and JEPQ has been stable across timeframes, ranging from 0.48 to 0.52 - a consistent structural relationship.

TTP.TO vs. JEPQ - Sectors Allocation Comparison

Sectors	TTP.TO	JEPQ
Financial Services	36.1%	0.3%
Basic Materials	16.7%	0.9%
Energy	16.6%	0.3%
Industrials	9.8%	2.8%
Technology	6.8%	58.9%
Consumer Defensive	4.0%	6.0%
Utilities	2.9%	1.1%
Consumer Cyclical	2.5%	11.8%
Communication Services	1.8%	13.9%
Real Estate	0.7%	0.2%
Healthcare	0.2%	3.9%

Return for Risk

TTP.TO vs. JEPQ — Risk / Return Rank

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

TTP.TO

TTP.TO Risk / Return Rank: 81
TTP.TO Sharpe Ratio Rank: 84
TTP.TO Sortino Ratio Rank: 80
TTP.TO Omega Ratio Rank: 82
TTP.TO Calmar Ratio Rank: 75
TTP.TO Martin Ratio Rank: 84

JEPQ

JEPQ Risk / Return Rank: 63
JEPQ Sharpe Ratio Rank: 60
JEPQ Sortino Ratio Rank: 55
JEPQ Omega Ratio Rank: 66
JEPQ Calmar Ratio Rank: 60
JEPQ Martin Ratio Rank: 74

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.

TTP.TO vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TD Canadian Equity Index ETF (TTP.TO) 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.

	TTP.TO	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	2.61	2.16	+0.45
Sortino ratio: Return per unit of downside risk	3.36	2.94	+0.42
Omega ratio: Gain probability vs. loss probability	1.46	1.41	+0.06
Calmar ratio: Return relative to maximum drawdown	3.65	3.72	-0.06
Martin ratio: Return relative to average drawdown	16.57	14.82	+1.75

TTP.TO vs. JEPQ - Sharpe Ratio Comparison

The current TTP.TO Sharpe Ratio is 2.61, which is comparable to the JEPQ Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of TTP.TO 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.

Drawdowns

TTP.TO vs. JEPQ - Drawdown Comparison

The maximum TTP.TO drawdown since its inception was -37.03%, which is greater than JEPQ's maximum drawdown of -20.09%. Use the drawdown chart below to compare losses from any high point for TTP.TO and JEPQ.

Drawdown Indicators

	TTP.TO	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-37.03%	-20.09%	-16.94%
Max Drawdown (1Y) Largest decline over 1 year	-9.43%	-7.82%	-1.61%
Max Drawdown (3Y) Largest decline over 3 years	-12.21%	-20.09%	+7.88%
Max Drawdown (5Y) Largest decline over 5 years	-16.44%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.03%	—	—
Current Drawdown Current decline from peak	-1.40%	-2.59%	+1.19%
Average Drawdown Average peak-to-trough decline	-3.34%	-3.08%	-0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	1.96%	+0.11%

Volatility

TTP.TO vs. JEPQ - Volatility Comparison

The current volatility for TD Canadian Equity Index ETF (TTP.TO) is 4.19%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 6.58%. This indicates that TTP.TO experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTP.TO	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	6.58%	-2.39%
Volatility (6M) Calculated over the trailing 6-month period	10.78%	11.00%	-0.22%
Volatility (1Y) Calculated over the trailing 1-year period	13.21%	13.49%	-0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.28%	17.75%	-4.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.20%	17.75%	-2.55%

TTP.TO vs. JEPQ - Expense Ratio Comparison

TTP.TO has a 0.05% expense ratio, which is lower than JEPQ's 0.35% expense ratio.

Dividends

TTP.TO vs. JEPQ - Dividend Comparison

TTP.TO's dividend yield for the trailing twelve months is around 1.88%, less than JEPQ's 10.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.22%	10.53%	9.65%	10.03%	9.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TTP.TO TD Canadian Equity Index ETF	1.88%	2.06%	2.55%	2.91%	3.68%	1.86%	2.84%	2.09%	2.95%	2.41%	1.93%

Frequently Asked Questions

Can I hold both TTP.TO and JEPQ in my portfolio?

TTP.TO and JEPQ have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TTP.TO or JEPQ?

On fees, TTP.TO is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TTP.TO or JEPQ?

TTP.TO is cheaper with a 0.05% expense ratio, compared with 0.35% for JEPQ.

What is the main difference between TTP.TO and JEPQ?

TTP.TO is categorized as Canada Equities, while JEPQ is Nasdaq-100. TTP.TO tracks Solactive Canada Broad Market Index (CA NTR), while JEPQ tracks Nasdaq-100 Index. They also come from different issuers: TD and JPMorgan. Their fees differ too: 0.05% for TTP.TO and 0.35% for JEPQ.