XNAS.L vs. JEQP.L
XNAS.L (Xtrackers NASDAQ 100 UCITS ETF) and JEQP.L (JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP) are both Nasdaq-100 funds. XNAS.L is passively managed, while JEQP.L is actively managed. Over the past year, XNAS.L returned 40.41% vs 28.85% for JEQP.L. Their correlation of 0.82 suggests significant overlap in exposure. XNAS.L charges 0.20%/yr vs 0.35%/yr for JEQP.L.
Performance
XNAS.L vs. JEQP.L - Performance Comparison
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Different Trading Currencies
XNAS.L is traded in USD, while JEQP.L is traded in GBp. To make them comparable, the JEQP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, XNAS.L achieves a 19.67% return, which is significantly higher than JEQP.L's 9.09% return.
XNAS.L
- 1D
- -0.68%
- 1M
- 8.53%
- YTD
- 19.67%
- 6M
- 19.16%
- 1Y
- 40.41%
- 3Y*
- 28.10%
- 5Y*
- —
- 10Y*
- —
JEQP.L
- 1D
- 0.00%
- 1M
- 4.29%
- YTD
- 9.09%
- 6M
- 10.41%
- 1Y
- 28.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XNAS.L vs. JEQP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XNAS.L Xtrackers NASDAQ 100 UCITS ETF | 19.67% | 19.83% | 3.23% |
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP | 8.70% | 14.62% | 2.65% |
Correlation
The correlation between XNAS.L and JEQP.L is 0.80, 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 | 0.80 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2024 | 0.82 |
The correlation between XNAS.L and JEQP.L has been stable across timeframes, ranging from 0.80 to 0.82 - a consistent structural relationship.
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Return for Risk
XNAS.L vs. JEQP.L — Risk / Return Rank
XNAS.L
JEQP.L
XNAS.L vs. JEQP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) and JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.L). 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.
| XNAS.L | JEQP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.47 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.67 | 3.34 | +0.33 |
| Martin ratioReturn relative to average drawdown | 13.19 | 14.81 | -1.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XNAS.L | JEQP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.54 | 2.44 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.69 | 1.11 | +0.57 |
Drawdowns
XNAS.L vs. JEQP.L - Drawdown Comparison
The maximum XNAS.L drawdown since its inception was -22.92%, which is greater than JEQP.L's maximum drawdown of -20.32%. Use the drawdown chart below to compare losses from any high point for XNAS.L and JEQP.L.
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Drawdown Indicators
| XNAS.L | JEQP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.92% | -20.32% | -2.60% |
Max Drawdown (1Y)Largest decline over 1 year | -10.91% | -8.61% | -2.30% |
Max Drawdown (3Y)Largest decline over 3 years | -22.92% | — | — |
Current DrawdownCurrent decline from peak | -0.76% | 0.00% | -0.76% |
Average DrawdownAverage peak-to-trough decline | -3.03% | -2.81% | -0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 1.94% | +1.11% |
Volatility
XNAS.L vs. JEQP.L - Volatility Comparison
Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) has a higher volatility of 4.96% compared to JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.L) at 1.55%. This indicates that XNAS.L's price experiences larger fluctuations and is considered to be riskier than JEQP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNAS.L | JEQP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 1.55% | +3.41% |
Volatility (6M)Calculated over the trailing 6-month period | 11.72% | 8.76% | +2.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.78% | 11.76% | +4.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.39% | 15.48% | +3.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.39% | 15.48% | +3.91% |
XNAS.L vs. JEQP.L - Expense Ratio Comparison
XNAS.L has a 0.20% expense ratio, which is lower than JEQP.L's 0.35% expense ratio.
Dividends
XNAS.L vs. JEQP.L - Dividend Comparison
XNAS.L has not paid dividends to shareholders, while JEQP.L's dividend yield for the trailing twelve months is around 10.21%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP | 10.21% | 10.04% | 0.73% |
XNAS.L Xtrackers NASDAQ 100 UCITS ETF | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XNAS.L and JEQP.L have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNAS.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNAS.L is cheaper with a 0.20% expense ratio, compared with 0.35% for JEQP.L.
They also come from different issuers: Xtrackers and JPMorgan. Their fees differ too: 0.20% for XNAS.L and 0.35% for JEQP.L.
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