XDAT vs. JEPQ

Last updated Jun 24, 2026

XDAT (Franklin Exponential Data ETF) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both exchange-traded funds - XDAT is a Technology Equities fund actively managed by Franklin Templeton, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. XDAT is actively managed, while JEPQ is passively managed. Over the past 3 years, XDAT returned 8.96%/yr vs 19.79%/yr for JEPQ. A 0.79 correlation means they provide meaningful diversification when combined. XDAT charges 0.50%/yr vs 0.35%/yr for JEPQ.

Performance

XDAT vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Exponential Data ETF (XDAT) 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, XDAT achieves a -7.81% return, which is significantly lower than JEPQ's 7.85% return.

XDAT

• 1D: -0.58%
• 1M: -2.09%
• YTD: -7.81%
• 6M: -9.60%
• 1Y: -9.59%
• 3Y*: 8.96%
• 5Y*: -2.54%
• 10Y*: —

JEPQ

• 1D: -2.48%
• 1M: 0.34%
• YTD: 7.85%
• 6M: 7.02%
• 1Y: 25.10%
• 3Y*: 19.79%
• 5Y*: —
• 10Y*: —

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

XDAT vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XDAT Franklin Exponential Data ETF	-7.81%	1.87%	16.54%	45.77%	-22.45%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	7.85%	15.18%	24.85%	36.28%	-11.16%

Correlation

The correlation between XDAT and JEPQ is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since May 4, 2022	0.79

The correlation between XDAT and JEPQ shifts across timeframes, from 0.65 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.

XDAT vs. JEPQ - Sectors Allocation Comparison

Sectors	XDAT	JEPQ
Technology	59.4%	58.9%
Communication Services	32.0%	13.9%
Real Estate	4.7%	0.2%
Healthcare	2.6%	3.9%
Financial Services	2.4%	0.3%
Consumer Cyclical	1.2%	11.8%
Industrials	0.2%	2.8%
Basic Materials	-	0.9%
Consumer Defensive	-	6.0%
Energy	-	0.3%
Utilities	-	1.1%

Return for Risk

XDAT vs. JEPQ — Risk / Return Rank

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

XDAT

XDAT Risk / Return Rank: 6
XDAT Sharpe Ratio Rank: 6
XDAT Sortino Ratio Rank: 5
XDAT Omega Ratio Rank: 5
XDAT Calmar Ratio Rank: 6
XDAT Martin Ratio Rank: 6

JEPQ

JEPQ Risk / Return Rank: 63
JEPQ Sharpe Ratio Rank: 60
JEPQ Sortino Ratio Rank: 55
JEPQ Omega Ratio Rank: 66
JEPQ Calmar Ratio Rank: 60
JEPQ Martin Ratio Rank: 74

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.

XDAT vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Exponential Data ETF (XDAT) 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.

	XDAT	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.40	1.93	-2.33
Sortino ratio: Return per unit of downside risk	-0.40	2.57	-2.96
Omega ratio: Gain probability vs. loss probability	0.95	1.38	-0.43
Calmar ratio: Return relative to maximum drawdown	-0.33	2.86	-3.19
Martin ratio: Return relative to average drawdown	-0.68	13.55	-14.23

XDAT vs. JEPQ - Sharpe Ratio Comparison

The current XDAT Sharpe Ratio is -0.40, which is lower than the JEPQ Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of XDAT 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

XDAT vs. JEPQ - Drawdown Comparison

The maximum XDAT drawdown since its inception was -54.87%, which is greater than JEPQ's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for XDAT and JEPQ.

Drawdown Indicators

	XDAT	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-54.87%	-20.07%	-34.80%
Max Drawdown (1Y) Largest decline over 1 year	-29.56%	-8.82%	-20.74%
Max Drawdown (3Y) Largest decline over 3 years	-29.56%	-20.07%	-9.49%
Max Drawdown (5Y) Largest decline over 5 years	-54.87%	—	—
Current Drawdown Current decline from peak	-22.87%	-2.48%	-20.39%
Average Drawdown Average peak-to-trough decline	-25.85%	-3.40%	-22.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.17%	1.86%	+12.31%

Volatility

XDAT vs. JEPQ - Volatility Comparison

Franklin Exponential Data ETF (XDAT) has a higher volatility of 10.70% compared to JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) at 6.27%. This indicates that XDAT'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

	XDAT	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.70%	6.27%	+4.43%
Volatility (6M) Calculated over the trailing 6-month period	20.11%	10.58%	+9.53%
Volatility (1Y) Calculated over the trailing 1-year period	24.35%	13.08%	+11.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.56%	16.79%	+12.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.43%	16.79%	+12.64%

XDAT vs. JEPQ - Expense Ratio Comparison

XDAT has a 0.50% expense ratio, which is higher than JEPQ's 0.35% expense ratio.

Dividends

XDAT vs. JEPQ - Dividend Comparison

XDAT has not paid dividends to shareholders, while JEPQ's dividend yield for the trailing twelve months is around 10.22%.

Position	TTM	2025	2024	2023	2022
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.22%	10.53%	9.65%	10.03%	9.44%
XDAT Franklin Exponential Data ETF	0.00%	0.00%	0.13%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XDAT and JEPQ in my portfolio?

XDAT and JEPQ have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XDAT or JEPQ?

XDAT has higher volatility (10.70%) compared to JEPQ (6.27%). In terms of maximum drawdown, XDAT dropped -54.87% vs JEPQ's -20.07%.

Which ETF is better, XDAT or JEPQ?

On 3-year performance, JEPQ leads with 19.79% vs 8.96% for XDAT. On fees, JEPQ is cheaper at 0.35% per year. On volatility, JEPQ has been the lower-risk option at 6.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XDAT or JEPQ?

Over the 3-year period, JEPQ has performed better with a 19.79% return vs 8.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XDAT or JEPQ?

JEPQ is cheaper with a 0.35% expense ratio, compared with 0.50% for XDAT.

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

JEPQ has the higher dividend yield at 10.22%, compared with 0.00% for XDAT.

What is the main difference between XDAT and JEPQ?

XDAT is categorized as Technology Equities, while JEPQ is Nasdaq-100. They also come from different issuers: Franklin Templeton and JPMorgan. Their fees differ too: 0.50% for XDAT and 0.35% for JEPQ.

Which has better risk-adjusted returns?

JEPQ currently has the higher Sharpe Ratio (1.93 vs -0.40), 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.