VAGE.DE vs. JEQP.DE

Last updated Jun 5, 2026

VAGE.DE (Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist) and JEQP.DE (JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)) are both exchange-traded funds - VAGE.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged), while JEQP.DE is a Nasdaq-100 fund actively managed by JPMorgan. VAGE.DE is passively managed, while JEQP.DE is actively managed. Over the past year, VAGE.DE returned 1.21% vs 24.01% for JEQP.DE. At a 0.09 correlation, their price movements are largely independent. VAGE.DE charges 0.10%/yr vs 0.35%/yr for JEQP.DE.

Performance

VAGE.DE vs. JEQP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist (VAGE.DE) and JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEQP.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VAGE.DE achieves a -0.58% return, which is significantly lower than JEQP.DE's 8.94% return.

VAGE.DE

• 1D: 0.10%
• 1M: 0.16%
• YTD: -0.58%
• 6M: -0.57%
• 1Y: 1.21%
• 3Y*: 2.06%
• 5Y*: -1.65%
• 10Y*: —

JEQP.DE

• 1D: -0.38%
• 1M: 3.66%
• YTD: 8.94%
• 6M: 9.05%
• 1Y: 24.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VAGE.DE vs. JEQP.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VAGE.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist	-0.58%	3.25%	-0.38%
JEQP.DE JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)	8.94%	0.68%	2.17%

Correlation

The correlation between VAGE.DE and JEQP.DE is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (All Time) Calculated using the full available price history since Nov 5, 2024	0.09

Return for Risk

VAGE.DE vs. JEQP.DE — Risk / Return Rank

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

VAGE.DE

VAGE.DE Risk / Return Rank: 14
VAGE.DE Sharpe Ratio Rank: 14
VAGE.DE Sortino Ratio Rank: 13
VAGE.DE Omega Ratio Rank: 13
VAGE.DE Calmar Ratio Rank: 14
VAGE.DE Martin Ratio Rank: 14

JEQP.DE

JEQP.DE Risk / Return Rank: 67
JEQP.DE Sharpe Ratio Rank: 60
JEQP.DE Sortino Ratio Rank: 59
JEQP.DE Omega Ratio Rank: 61
JEQP.DE Calmar Ratio Rank: 80
JEQP.DE Martin Ratio Rank: 75

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.

VAGE.DE vs. JEQP.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist (VAGE.DE) and JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEQP.DE). 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.

	VAGE.DE	JEQP.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.34	1.99	-1.65
Sortino ratio: Return per unit of downside risk	0.50	2.74	-2.24
Omega ratio: Gain probability vs. loss probability	1.06	1.37	-0.31
Calmar ratio: Return relative to maximum drawdown	0.38	4.09	-3.70
Martin ratio: Return relative to average drawdown	1.08	14.09	-13.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VAGE.DE vs. JEQP.DE - Sharpe Ratio Comparison

The current VAGE.DE Sharpe Ratio is 0.34, which is lower than the JEQP.DE Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of VAGE.DE and JEQP.DE, 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

	VAGE.DE	JEQP.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.34	1.99	-1.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.19	0.45	-0.64

Drawdowns

VAGE.DE vs. JEQP.DE - Drawdown Comparison

The maximum VAGE.DE drawdown since its inception was -19.43%, smaller than the maximum JEQP.DE drawdown of -24.10%. Use the drawdown chart below to compare losses from any high point for VAGE.DE and JEQP.DE.

Drawdown Indicators

	VAGE.DE	JEQP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-19.43%	-24.10%	+4.67%
Max Drawdown (1Y) Largest decline over 1 year	-3.14%	-5.85%	+2.71%
Max Drawdown (3Y) Largest decline over 3 years	-4.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.63%	—	—
Current Drawdown Current decline from peak	-10.62%	-0.38%	-10.24%
Average Drawdown Average peak-to-trough decline	-8.88%	-6.27%	-2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.12%	1.70%	-0.58%

Volatility

VAGE.DE vs. JEQP.DE - Volatility Comparison

The current volatility for Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist (VAGE.DE) is 1.42%, while JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEQP.DE) has a volatility of 1.57%. This indicates that VAGE.DE experiences smaller price fluctuations and is considered to be less risky than JEQP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VAGE.DE	JEQP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.42%	1.57%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	2.96%	8.52%	-5.56%
Volatility (1Y) Calculated over the trailing 1-year period	3.57%	12.02%	-8.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.69%	16.60%	-11.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.49%	16.60%	-12.11%

VAGE.DE vs. JEQP.DE - Expense Ratio Comparison

VAGE.DE has a 0.10% expense ratio, which is lower than JEQP.DE's 0.35% expense ratio.

Dividends

VAGE.DE vs. JEQP.DE - Dividend Comparison

VAGE.DE's dividend yield for the trailing twelve months is around 3.60%, less than JEQP.DE's 8.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
JEQP.DE JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)	8.74%	9.22%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%
VAGE.DE Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Dist	3.60%	3.51%	3.13%	2.39%	1.47%	0.87%	1.20%	0.60%

Frequently Asked Questions

Can I hold both VAGE.DE and JEQP.DE in my portfolio?

VAGE.DE and JEQP.DE have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VAGE.DE or JEQP.DE?

On fees, VAGE.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VAGE.DE or JEQP.DE?

VAGE.DE is cheaper with a 0.10% expense ratio, compared with 0.35% for JEQP.DE.

What is the main difference between VAGE.DE and JEQP.DE?

VAGE.DE is categorized as Global Bonds, while JEQP.DE is Nasdaq-100. They also come from different issuers: Vanguard and JPMorgan. Their fees differ too: 0.10% for VAGE.DE and 0.35% for JEQP.DE.