XAIX vs. JEPQ

Last updated Jun 9, 2026

XAIX (Xtrackers Artificial Intelligence and Big Data ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - XAIX is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. Both are passively managed. Over the past year, XAIX returned 54.71% vs 25.85% for JEPQ. Their correlation of 0.89 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.

Performance

XAIX vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Artificial Intelligence and Big Data ETF (XAIX) 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, XAIX achieves a 30.20% return, which is significantly higher than JEPQ's 7.44% return.

XAIX

• 1D: 2.48%
• 1M: 5.11%
• YTD: 30.20%
• 6M: 30.19%
• 1Y: 54.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPQ

• 1D: 1.24%
• 1M: 0.97%
• YTD: 7.44%
• 6M: 7.26%
• 1Y: 25.85%
• 3Y*: 20.04%
• 5Y*: —
• 10Y*: —

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

XAIX vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XAIX Xtrackers Artificial Intelligence and Big Data ETF	30.20%	29.05%	15.47%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	7.44%	15.18%	15.49%

Correlation

The correlation between XAIX and JEPQ is 0.86, 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	0.86
Correlation (All Time) Calculated using the full available price history since Aug 5, 2024	0.89

The correlation between XAIX and JEPQ has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.

XAIX vs. JEPQ - Sectors Allocation Comparison

Sectors	XAIX	JEPQ
Technology	71.7%	54.0%
Communication Services	14.1%	15.4%
Consumer Cyclical	8.9%	12.8%
Financial Services	5.2%	0.4%
Industrials	0.1%	3.1%
Consumer Defensive	0.0%	7.1%
Healthcare	0.0%	4.4%
Basic Materials	0.0%	1.0%
Energy	0.0%	0.4%
Utilities	0.0%	1.3%
Real Estate	-	0.2%

Return for Risk

XAIX vs. JEPQ — Risk / Return Rank

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

XAIX

XAIX Risk / Return Rank: 80
XAIX Sharpe Ratio Rank: 84
XAIX Sortino Ratio Rank: 76
XAIX Omega Ratio Rank: 80
XAIX Calmar Ratio Rank: 82
XAIX Martin Ratio Rank: 80

JEPQ

JEPQ Risk / Return Rank: 73
JEPQ Sharpe Ratio Rank: 73
JEPQ Sortino Ratio Rank: 68
JEPQ Omega Ratio Rank: 79
JEPQ Calmar Ratio Rank: 65
JEPQ Martin Ratio Rank: 80

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.

XAIX vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Artificial Intelligence and Big Data ETF (XAIX) 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.

	XAIX	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	2.45	2.13	+0.32
Sortino ratio: Return per unit of downside risk	3.04	2.79	+0.24
Omega ratio: Gain probability vs. loss probability	1.43	1.42	0.00
Calmar ratio: Return relative to maximum drawdown	3.92	2.95	+0.98
Martin ratio: Return relative to average drawdown	14.14	14.33	-0.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XAIX vs. JEPQ - Sharpe Ratio Comparison

The current XAIX Sharpe Ratio is 2.45, which is comparable to the JEPQ Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of XAIX 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

	XAIX	JEPQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.45	2.13	+0.32
Sharpe Ratio (All Time) Calculated using the full available price history	1.81	0.96	+0.84

Drawdowns

XAIX vs. JEPQ - Drawdown Comparison

The maximum XAIX drawdown since its inception was -23.95%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for XAIX and JEPQ.

Drawdown Indicators

	XAIX	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-23.95%	-20.07%	-3.88%
Max Drawdown (1Y) Largest decline over 1 year	-14.01%	-8.82%	-5.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.07%	—
Current Drawdown Current decline from peak	-8.33%	-2.02%	-6.31%
Average Drawdown Average peak-to-trough decline	-3.51%	-3.42%	-0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.88%	1.81%	+2.07%

Volatility

XAIX vs. JEPQ - Volatility Comparison

Xtrackers Artificial Intelligence and Big Data ETF (XAIX) has a higher volatility of 12.81% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 3.65%. This indicates that XAIX'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

	XAIX	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.81%	3.65%	+9.16%
Volatility (6M) Calculated over the trailing 6-month period	19.45%	9.66%	+9.79%
Volatility (1Y) Calculated over the trailing 1-year period	22.47%	12.19%	+10.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.10%	16.67%	+7.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.10%	16.67%	+7.43%

XAIX vs. JEPQ - Expense Ratio Comparison

Both XAIX and JEPQ have an expense ratio of 0.35%.

Dividends

XAIX vs. JEPQ - Dividend Comparison

XAIX's dividend yield for the trailing twelve months is around 0.41%, less than JEPQ's 10.26% yield.

Position	TTM	2025	2024	2023	2022
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.26%	10.53%	9.65%	10.03%	9.44%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.41%	0.54%	0.08%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XAIX and JEPQ in my portfolio?

XAIX and JEPQ have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XAIX or JEPQ?

XAIX has higher volatility (12.81%) compared to JEPQ (3.65%). In terms of maximum drawdown, XAIX dropped -23.95% vs JEPQ's -20.07%.

Which ETF is better, XAIX or JEPQ?

On 1-year performance, XAIX leads with 54.71% vs 25.85% for JEPQ. Both ETFs have the same 0.35% expense ratio. On volatility, JEPQ has been the lower-risk option at 3.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XAIX or JEPQ?

Over the 1-year period, XAIX has performed better with a 54.71% return vs 25.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XAIX or JEPQ?

XAIX and JEPQ have the same expense ratio: 0.35% per year.

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

JEPQ has the higher dividend yield at 10.26%, compared with 0.41% for XAIX.

What is the main difference between XAIX and JEPQ?

XAIX is categorized as Technology Equities, while JEPQ is Nasdaq-100. XAIX tracks Nasdaq Global Artificial Intelligence and Big Data Index, while JEPQ tracks Nasdaq-100 Index. They also come from different issuers: Xtrackers and JPMorgan.

Which has better risk-adjusted returns?

XAIX currently has the higher Sharpe Ratio (2.45 vs 2.13), 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.