TXN vs. JEPQ

Last updated Jun 13, 2026

TXN (Texas Instruments Incorporated) is a stock, while JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) is Nasdaq-100 fund tracking the Nasdaq-100 Index. Over the past 3 years, TXN returned 22.83%/yr vs 19.91%/yr for JEPQ. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

TXN vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Texas Instruments Incorporated (TXN) 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, TXN achieves a 75.59% return, which is significantly higher than JEPQ's 7.85% return.

TXN

• 1D: 1.35%
• 1M: -1.70%
• YTD: 75.59%
• 6M: 69.78%
• 1Y: 55.05%
• 3Y*: 22.83%
• 5Y*: 12.97%
• 10Y*: 20.39%

JEPQ

• 1D: 0.62%
• 1M: 0.88%
• YTD: 7.85%
• 6M: 8.80%
• 1Y: 25.53%
• 3Y*: 19.91%
• 5Y*: —
• 10Y*: —

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

TXN vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TXN Texas Instruments Incorporated	75.59%	-4.47%	13.14%	6.41%	-2.18%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	7.85%	15.18%	24.85%	36.28%	-11.16%

Correlation

The correlation between TXN and JEPQ is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (All Time) Calculated using the full available price history since May 4, 2022	0.61

The correlation between TXN and JEPQ shifts across timeframes, from 0.43 (1 year) to 0.61 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TXN vs. JEPQ — Risk / Return Rank

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

TXN

TXN Risk / Return Rank: 78
TXN Sharpe Ratio Rank: 81
TXN Sortino Ratio Rank: 80
TXN Omega Ratio Rank: 81
TXN Calmar Ratio Rank: 75
TXN Martin Ratio Rank: 73

JEPQ

JEPQ Risk / Return Rank: 74
JEPQ Sharpe Ratio Rank: 73
JEPQ Sortino Ratio Rank: 69
JEPQ Omega Ratio Rank: 79
JEPQ Calmar Ratio Rank: 66
JEPQ Martin Ratio Rank: 81

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.

TXN vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Texas Instruments Incorporated (TXN) 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.

	TXN	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	1.38	2.03	-0.65
Sortino ratio: Return per unit of downside risk	2.17	2.69	-0.52
Omega ratio: Gain probability vs. loss probability	1.30	1.40	-0.10
Calmar ratio: Return relative to maximum drawdown	1.87	2.91	-1.04
Martin ratio: Return relative to average drawdown	3.90	13.84	-9.94

TXN vs. JEPQ - Sharpe Ratio Comparison

The current TXN Sharpe Ratio is 1.38, which is lower than the JEPQ Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of TXN 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

TXN vs. JEPQ - Drawdown Comparison

The maximum TXN drawdown since its inception was -85.81%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for TXN and JEPQ.

Drawdown Indicators

	TXN	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-85.81%	-20.07%	-65.74%
Max Drawdown (1Y) Largest decline over 1 year	-29.57%	-8.82%	-20.75%
Max Drawdown (3Y) Largest decline over 3 years	-33.41%	-20.07%	-13.34%
Max Drawdown (5Y) Largest decline over 5 years	-33.41%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.41%	—	—
Current Drawdown Current decline from peak	-7.32%	-1.64%	-5.68%
Average Drawdown Average peak-to-trough decline	-34.78%	-3.41%	-31.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.17%	1.85%	+12.32%

Volatility

TXN vs. JEPQ - Volatility Comparison

Texas Instruments Incorporated (TXN) has a higher volatility of 14.23% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 4.98%. This indicates that TXN'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

	TXN	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.23%	4.98%	+9.25%
Volatility (6M) Calculated over the trailing 6-month period	31.44%	10.22%	+21.22%
Volatility (1Y) Calculated over the trailing 1-year period	40.13%	12.61%	+27.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.42%	16.73%	+15.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.17%	16.73%	+14.44%

Dividends

TXN vs. JEPQ - Dividend Comparison

TXN's dividend yield for the trailing twelve months is around 1.87%, less than JEPQ's 10.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%
TXN Texas Instruments Incorporated	1.87%	3.17%	2.81%	2.94%	2.84%	2.23%	2.27%	2.50%	2.78%	2.03%	2.25%	2.55%

Frequently Asked Questions

Can I hold both TXN and JEPQ in my portfolio?

TXN and JEPQ have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TXN or JEPQ?

TXN has higher volatility (14.23%) compared to JEPQ (4.98%). In terms of maximum drawdown, TXN dropped -85.81% vs JEPQ's -20.07%.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (2.03 vs 1.38), 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.