TUGN vs. JEPQ

Last updated Jun 24, 2026

TUGN (STF Tactical Growth & Income ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - TUGN is a Diversified Portfolio fund actively managed by STF, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. TUGN is actively managed, while JEPQ is passively managed. Over the past 3 years, TUGN returned 20.91%/yr vs 19.79%/yr for JEPQ. Their correlation of 0.88 suggests significant overlap in exposure. TUGN charges 0.65%/yr vs 0.35%/yr for JEPQ.

Performance

TUGN vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STF Tactical Growth & Income ETF (TUGN) 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, TUGN achieves a 15.79% return, which is significantly higher than JEPQ's 7.85% return.

TUGN

• 1D: -1.93%
• 1M: 0.55%
• YTD: 15.79%
• 6M: 14.77%
• 1Y: 31.29%
• 3Y*: 20.91%
• 5Y*: —
• 10Y*: —

JEPQ

• 1D: -2.48%
• 1M: 0.34%
• YTD: 7.85%
• 6M: 7.02%
• 1Y: 25.10%
• 3Y*: 19.79%
• 5Y*: —
• 10Y*: —

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

TUGN vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TUGN STF Tactical Growth & Income ETF	15.79%	19.11%	18.44%	34.84%	-18.78%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	7.85%	15.18%	24.85%	36.28%	-5.30%

Correlation

The correlation between TUGN and JEPQ is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since May 19, 2022	0.88

The correlation between TUGN and JEPQ has been stable across timeframes, ranging from 0.88 to 0.93 - a consistent structural relationship.

Return for Risk

TUGN vs. JEPQ — Risk / Return Rank

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

TUGN

TUGN Risk / Return Rank: 55
TUGN Sharpe Ratio Rank: 59
TUGN Sortino Ratio Rank: 55
TUGN Omega Ratio Rank: 59
TUGN Calmar Ratio Rank: 52
TUGN Martin Ratio Rank: 51

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.

TUGN vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STF Tactical Growth & Income ETF (TUGN) 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.

	TUGN	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	1.87	1.93	-0.06
Sortino ratio: Return per unit of downside risk	2.48	2.57	-0.09
Omega ratio: Gain probability vs. loss probability	1.34	1.38	-0.04
Calmar ratio: Return relative to maximum drawdown	2.43	2.86	-0.43
Martin ratio: Return relative to average drawdown	8.24	13.55	-5.31

TUGN vs. JEPQ - Sharpe Ratio Comparison

The current TUGN Sharpe Ratio is 1.87, which is comparable to the JEPQ Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of TUGN 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

TUGN vs. JEPQ - Drawdown Comparison

The maximum TUGN drawdown since its inception was -23.45%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for TUGN and JEPQ.

Drawdown Indicators

	TUGN	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-23.45%	-20.07%	-3.38%
Max Drawdown (1Y) Largest decline over 1 year	-12.96%	-8.82%	-4.14%
Max Drawdown (3Y) Largest decline over 3 years	-21.60%	-20.07%	-1.53%
Current Drawdown Current decline from peak	-3.27%	-2.48%	-0.79%
Average Drawdown Average peak-to-trough decline	-6.38%	-3.40%	-2.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.80%	1.86%	+1.94%

Volatility

TUGN vs. JEPQ - Volatility Comparison

STF Tactical Growth & Income ETF (TUGN) has a higher volatility of 8.01% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 6.27%. This indicates that TUGN'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.

Volatility by Period

	TUGN	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.01%	6.27%	+1.74%
Volatility (6M) Calculated over the trailing 6-month period	13.65%	10.58%	+3.07%
Volatility (1Y) Calculated over the trailing 1-year period	16.81%	13.08%	+3.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.32%	16.79%	+0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.32%	16.79%	+0.53%

TUGN vs. JEPQ - Expense Ratio Comparison

TUGN has a 0.65% expense ratio, which is higher than JEPQ's 0.35% expense ratio.

Dividends

TUGN vs. JEPQ - Dividend Comparison

TUGN's dividend yield for the trailing twelve months is around 10.82%, more than JEPQ's 10.22% yield.

Position	TTM	2025	2024	2023	2022
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.22%	10.53%	9.65%	10.03%	9.44%
TUGN STF Tactical Growth & Income ETF	10.82%	11.50%	11.84%	10.83%	7.58%

Frequently Asked Questions

Can I hold both TUGN and JEPQ in my portfolio?

With a correlation of 0.92, TUGN and JEPQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TUGN or JEPQ?

TUGN has higher volatility (8.01%) compared to JEPQ (6.27%). In terms of maximum drawdown, TUGN dropped -23.45% vs JEPQ's -20.07%.

Which ETF is better, TUGN or JEPQ?

On 3-year performance, TUGN leads with 20.91% vs 19.79% for JEPQ. On fees, JEPQ is cheaper at 0.35% per year. On volatility, JEPQ has been the lower-risk option at 6.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TUGN or JEPQ?

Over the 3-year period, TUGN has performed better with a 20.91% return vs 19.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TUGN or JEPQ?

JEPQ is cheaper with a 0.35% expense ratio, compared with 0.65% for TUGN.

Which ETF pays a higher dividend yield, TUGN or JEPQ?

TUGN has the higher dividend yield at 10.82%, compared with 10.22% for JEPQ.

What is the main difference between TUGN and JEPQ?

TUGN is categorized as Diversified Portfolio, while JEPQ is Nasdaq-100. They also come from different issuers: STF and JPMorgan. Their fees differ too: 0.65% for TUGN and 0.35% for JEPQ.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (1.93 vs 1.87), 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.