VTI vs. JEPQ

Last updated Jun 6, 2026

VTI (Vanguard Total Stock Market ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. Both are passively managed. Over the past 3 years, VTI returned 21.08%/yr vs 19.56%/yr for JEPQ. Their correlation of 0.91 suggests significant overlap in exposure. VTI charges 0.03%/yr vs 0.35%/yr for JEPQ.

Performance

VTI vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Stock Market ETF (VTI) 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, VTI achieves a 8.72% return, which is significantly higher than JEPQ's 6.12% return.

VTI

• 1D: -2.68%
• 1M: 0.42%
• YTD: 8.72%
• 6M: 8.29%
• 1Y: 26.04%
• 3Y*: 21.08%
• 5Y*: 12.19%
• 10Y*: 14.71%

JEPQ

• 1D: -3.01%
• 1M: 0.08%
• YTD: 6.12%
• 6M: 5.89%
• 1Y: 25.16%
• 3Y*: 19.56%
• 5Y*: —
• 10Y*: —

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

VTI vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VTI Vanguard Total Stock Market ETF	8.72%	17.10%	23.81%	26.05%	-10.15%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	6.12%	15.18%	24.85%	36.28%	-12.89%

Correlation

The correlation between VTI and JEPQ is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (All Time) Calculated using the full available price history since May 5, 2022	0.91

The correlation between VTI and JEPQ has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

VTI vs. JEPQ - Sectors Allocation Comparison

Sectors	VTI	JEPQ
Technology	33.5%	54.0%
Financial Services	12.0%	0.4%
Communication Services	10.3%	15.4%
Consumer Cyclical	10.0%	12.8%
Industrials	9.8%	3.1%
Healthcare	9.2%	4.4%
Consumer Defensive	4.7%	7.1%
Energy	3.7%	0.4%
Real Estate	2.4%	0.2%
Utilities	2.3%	1.3%
Basic Materials	2.0%	1.0%

Return for Risk

VTI vs. JEPQ — Risk / Return Rank

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

VTI

VTI Risk / Return Rank: 64
VTI Sharpe Ratio Rank: 64
VTI Sortino Ratio Rank: 61
VTI Omega Ratio Rank: 63
VTI Calmar Ratio Rank: 60
VTI Martin Ratio Rank: 73

JEPQ

JEPQ Risk / Return Rank: 65
JEPQ Sharpe Ratio Rank: 64
JEPQ Sortino Ratio Rank: 58
JEPQ Omega Ratio Rank: 71
JEPQ Calmar Ratio Rank: 59
JEPQ 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.

VTI vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market ETF (VTI) 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.

	VTI	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	2.10	2.09	+0.01
Sortino ratio: Return per unit of downside risk	2.83	2.73	+0.10
Omega ratio: Gain probability vs. loss probability	1.38	1.41	-0.04
Calmar ratio: Return relative to maximum drawdown	2.93	2.87	+0.07
Martin ratio: Return relative to average drawdown	13.45	13.99	-0.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTI vs. JEPQ - Sharpe Ratio Comparison

The current VTI Sharpe Ratio is 2.10, which is comparable to the JEPQ Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of VTI 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.

Sharpe Ratios by Period

	VTI	JEPQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	2.09	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.94	-0.44

Drawdowns

VTI vs. JEPQ - Drawdown Comparison

The maximum VTI drawdown since its inception was -55.45%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for VTI and JEPQ.

Drawdown Indicators

	VTI	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-20.07%	-35.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-8.82%	-0.10%
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	-20.07%	+0.77%
Max Drawdown (5Y) Largest decline over 5 years	-25.36%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	—	—
Current Drawdown Current decline from peak	-2.93%	-3.22%	+0.29%
Average Drawdown Average peak-to-trough decline	-8.02%	-3.42%	-4.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	1.80%	+0.14%

Volatility

VTI vs. JEPQ - Volatility Comparison

Vanguard Total Stock Market ETF (VTI) has a higher volatility of 3.90% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 3.44%. This indicates that VTI'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

	VTI	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	3.44%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	9.55%	9.59%	-0.04%
Volatility (1Y) Calculated over the trailing 1-year period	12.48%	12.13%	+0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.44%	16.66%	+0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.32%	16.66%	+1.66%

VTI vs. JEPQ - Expense Ratio Comparison

VTI has a 0.03% expense ratio, which is lower than JEPQ's 0.35% expense ratio.

Dividends

VTI vs. JEPQ - Dividend Comparison

VTI's dividend yield for the trailing twelve months is around 1.04%, less than JEPQ's 10.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.39%	10.53%	9.65%	10.03%	9.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.04%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both VTI and JEPQ in my portfolio?

With a correlation of 0.90, VTI 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, VTI or JEPQ?

VTI has higher volatility (3.90%) compared to JEPQ (3.44%). In terms of maximum drawdown, VTI dropped -55.45% vs JEPQ's -20.07%.

Which ETF is better, VTI or JEPQ?

On 3-year performance, VTI leads with 21.08% vs 19.56% for JEPQ. On fees, VTI is cheaper at 0.03% per year. On volatility, JEPQ has been the lower-risk option at 3.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTI or JEPQ?

Over the 3-year period, VTI has performed better with a 21.08% return vs 19.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTI or JEPQ?

VTI is cheaper with a 0.03% expense ratio, compared with 0.35% for JEPQ.

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

JEPQ has the higher dividend yield at 10.39%, compared with 1.04% for VTI.

What is the main difference between VTI and JEPQ?

VTI is categorized as Large Cap Blend Equities, while JEPQ is Nasdaq-100. VTI tracks CRSP US Total Market Index, while JEPQ tracks Nasdaq-100 Index. They also come from different issuers: Vanguard and JPMorgan. Their fees differ too: 0.03% for VTI and 0.35% for JEPQ.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (2.10 vs 2.08), 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.