WEEI vs. JEPQ

Last updated Jun 3, 2026

WEEI (Westwood Salient Enhanced Energy Income ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - WEEI is a Energy Equities fund actively managed by Westwood, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. WEEI is actively managed, while JEPQ is passively managed. Over the past year, WEEI returned 34.41% vs 29.60% for JEPQ. At a 0.11 correlation, their price movements are largely independent. WEEI charges 0.85%/yr vs 0.35%/yr for JEPQ.

Performance

WEEI vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Westwood Salient Enhanced Energy Income ETF (WEEI) 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, WEEI achieves a 18.06% return, which is significantly higher than JEPQ's 9.65% return.

WEEI

• 1D: 1.14%
• 1M: 0.38%
• YTD: 18.06%
• 6M: 19.01%
• 1Y: 34.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPQ

• 1D: 0.26%
• 1M: 4.36%
• YTD: 9.65%
• 6M: 10.05%
• 1Y: 29.60%
• 3Y*: 20.96%
• 5Y*: —
• 10Y*: —

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

WEEI vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WEEI Westwood Salient Enhanced Energy Income ETF	18.06%	11.28%	-3.07%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	9.65%	15.18%	17.87%

Correlation

The correlation between WEEI and JEPQ is -0.08, 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	-0.08
Correlation (All Time) Calculated using the full available price history since May 2, 2024	0.11

The correlation between WEEI and JEPQ shifts across timeframes, from -0.08 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

WEEI vs. JEPQ - Sectors Allocation Comparison

Sectors	WEEI	JEPQ
Energy	100.0%	0.4%
Basic Materials	-	1.0%
Communication Services	-	15.4%
Consumer Cyclical	-	12.8%
Consumer Defensive	-	7.1%
Financial Services	-	0.4%
Healthcare	-	4.4%
Industrials	-	3.1%
Real Estate	-	0.2%
Technology	-	54.0%
Utilities	-	1.3%

Return for Risk

WEEI vs. JEPQ — Risk / Return Rank

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

WEEI

WEEI Risk / Return Rank: 75
WEEI Sharpe Ratio Rank: 74
WEEI Sortino Ratio Rank: 68
WEEI Omega Ratio Rank: 69
WEEI Calmar Ratio Rank: 85
WEEI Martin Ratio Rank: 77

JEPQ

JEPQ Risk / Return Rank: 77
JEPQ Sharpe Ratio Rank: 77
JEPQ Sortino Ratio Rank: 73
JEPQ Omega Ratio Rank: 82
JEPQ Calmar Ratio Rank: 68
JEPQ Martin Ratio Rank: 83

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.

WEEI vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Westwood Salient Enhanced Energy Income ETF (WEEI) 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.

	WEEI	JEPQ	Difference
Sharpe ratio Return per unit of total volatility	2.48	2.54	-0.06
Sortino ratio Return per unit of downside risk	3.17	3.35	-0.18
Omega ratio Gain probability vs. loss probability	1.42	1.50	-0.08
Calmar ratio Return relative to maximum drawdown	4.72	3.42	+1.30
Martin ratio Return relative to average drawdown	15.10	16.82	-1.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WEEI vs. JEPQ - Sharpe Ratio Comparison

The current WEEI Sharpe Ratio is 2.48, which is comparable to the JEPQ Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of WEEI 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

	WEEI	JEPQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.48	2.54	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	1.01	-0.33

Drawdowns

WEEI vs. JEPQ - Drawdown Comparison

The maximum WEEI drawdown since its inception was -18.78%, smaller than the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for WEEI and JEPQ.

Drawdown Indicators

	WEEI	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-18.78%	-20.07%	+1.29%
Max Drawdown (1Y) Largest decline over 1 year	-7.67%	-8.82%	+1.15%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.07%	—
Current Drawdown Current decline from peak	-3.40%	0.00%	-3.40%
Average Drawdown Average peak-to-trough decline	-4.17%	-3.42%	-0.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	1.79%	+0.61%

Volatility

WEEI vs. JEPQ - Volatility Comparison

Westwood Salient Enhanced Energy Income ETF (WEEI) has a higher volatility of 6.20% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 1.25%. This indicates that WEEI'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

	WEEI	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.20%	1.25%	+4.95%
Volatility (6M) Calculated over the trailing 6-month period	10.74%	9.07%	+1.67%
Volatility (1Y) Calculated over the trailing 1-year period	14.01%	11.73%	+2.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.31%	16.62%	+1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.31%	16.62%	+1.69%

WEEI vs. JEPQ - Expense Ratio Comparison

WEEI has a 0.85% expense ratio, which is higher than JEPQ's 0.35% expense ratio.

Dividends

WEEI vs. JEPQ - Dividend Comparison

WEEI's dividend yield for the trailing twelve months is around 11.30%, more than JEPQ's 10.06% yield.

Position	TTM	2025	2024	2023	2022
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.06%	10.53%	9.65%	10.03%	9.44%
WEEI Westwood Salient Enhanced Energy Income ETF	11.30%	12.59%	7.20%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WEEI and JEPQ in my portfolio?

WEEI and JEPQ have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEEI or JEPQ?

WEEI has higher volatility (6.20%) compared to JEPQ (1.25%). In terms of maximum drawdown, WEEI dropped -18.78% vs JEPQ's -20.07%.

Which ETF is better, WEEI or JEPQ?

On 1-year performance, WEEI leads with 34.41% vs 29.60% for JEPQ. On fees, JEPQ is cheaper at 0.35% per year. On volatility, JEPQ has been the lower-risk option at 1.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WEEI or JEPQ?

Over the 1-year period, WEEI has performed better with a 34.41% return vs 29.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WEEI or JEPQ?

JEPQ is cheaper with a 0.35% expense ratio, compared with 0.85% for WEEI.

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

WEEI has the higher dividend yield at 11.30%, compared with 10.06% for JEPQ.

What is the main difference between WEEI and JEPQ?

WEEI is categorized as Energy Equities, while JEPQ is Nasdaq-100. They also come from different issuers: Westwood and JPMorgan. Their fees differ too: 0.85% for WEEI and 0.35% for JEPQ.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (2.54 vs 2.48), 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.