YNVD.NEO vs. JEPQ.TO

Last updated Jun 5, 2026

YNVD.NEO (NVIDIA (NVDA) Yield Shares Purpose ETF) and JEPQ.TO (JPMorgan Nasdaq Equity Premium Income Active ETF) are both exchange-traded funds - YNVD.NEO is a Derivative Income fund actively managed by Purpose Investments, while JEPQ.TO is a Nasdaq-100 fund actively managed by JPMorgan. Both are actively managed. Over the past year, YNVD.NEO returned 72.69% vs 31.50% for JEPQ.TO. A 0.57 correlation means they provide meaningful diversification when combined. YNVD.NEO charges 1.94%/yr vs 0.35%/yr for JEPQ.TO.

Performance

YNVD.NEO vs. JEPQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) and JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YNVD.NEO achieves a 20.36% return, which is significantly higher than JEPQ.TO's 11.05% return.

YNVD.NEO

• 1D: 2.83%
• 1M: 14.32%
• YTD: 20.36%
• 6M: 28.67%
• 1Y: 72.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPQ.TO

• 1D: -0.03%
• 1M: 5.77%
• YTD: 11.05%
• 6M: 9.44%
• 1Y: 31.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YNVD.NEO vs. JEPQ.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
YNVD.NEO NVIDIA (NVDA) Yield Shares Purpose ETF	20.36%	44.51%	18.45%
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF	11.05%	10.46%	15.40%

Correlation

The correlation between YNVD.NEO and JEPQ.TO is 0.51, 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	0.51
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024	0.57

The correlation between YNVD.NEO and JEPQ.TO has been stable across timeframes, ranging from 0.51 to 0.57 - a consistent structural relationship.

YNVD.NEO vs. JEPQ.TO - Sectors Allocation Comparison

Sectors	YNVD.NEO	JEPQ.TO
Technology	100.0%	54.0%
Basic Materials	-	1.0%
Communication Services	-	15.4%
Consumer Cyclical	-	12.8%
Consumer Defensive	-	7.1%
Energy	-	0.4%
Financial Services	-	0.4%
Healthcare	-	4.4%
Industrials	-	3.0%
Real Estate	-	0.2%
Utilities	-	1.2%

Return for Risk

YNVD.NEO vs. JEPQ.TO — Risk / Return Rank

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

YNVD.NEO

YNVD.NEO Risk / Return Rank: 65
YNVD.NEO Sharpe Ratio Rank: 63
YNVD.NEO Sortino Ratio Rank: 57
YNVD.NEO Omega Ratio Rank: 57
YNVD.NEO Calmar Ratio Rank: 84
YNVD.NEO Martin Ratio Rank: 67

JEPQ.TO

JEPQ.TO Risk / Return Rank: 80
JEPQ.TO Sharpe Ratio Rank: 79
JEPQ.TO Sortino Ratio Rank: 76
JEPQ.TO Omega Ratio Rank: 82
JEPQ.TO Calmar Ratio Rank: 80
JEPQ.TO Martin Ratio Rank: 82

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.

YNVD.NEO vs. JEPQ.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) and JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ.TO). 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.

	YNVD.NEO	JEPQ.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.06	2.52	-0.46
Sortino ratio: Return per unit of downside risk	2.68	3.37	-0.69
Omega ratio: Gain probability vs. loss probability	1.34	1.48	-0.14
Calmar ratio: Return relative to maximum drawdown	4.45	4.09	+0.36
Martin ratio: Return relative to average drawdown	12.10	16.35	-4.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YNVD.NEO vs. JEPQ.TO - Sharpe Ratio Comparison

The current YNVD.NEO Sharpe Ratio is 2.06, which is comparable to the JEPQ.TO Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of YNVD.NEO and JEPQ.TO, 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

	YNVD.NEO	JEPQ.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	2.52	-0.46
Sharpe Ratio (All Time) Calculated using the full available price history	1.54	1.34	+0.20

Drawdowns

YNVD.NEO vs. JEPQ.TO - Drawdown Comparison

The maximum YNVD.NEO drawdown since its inception was -41.02%, which is greater than JEPQ.TO's maximum drawdown of -20.05%. Use the drawdown chart below to compare losses from any high point for YNVD.NEO and JEPQ.TO.

Drawdown Indicators

	YNVD.NEO	JEPQ.TO	Difference
Max Drawdown Largest peak-to-trough decline	-41.02%	-20.05%	-20.97%
Max Drawdown (1Y) Largest decline over 1 year	-16.41%	-7.74%	-8.67%
Current Drawdown Current decline from peak	-1.57%	-0.43%	-1.14%
Average Drawdown Average peak-to-trough decline	-8.81%	-3.35%	-5.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.03%	1.93%	+4.10%

Volatility

YNVD.NEO vs. JEPQ.TO - Volatility Comparison

NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD.NEO) has a higher volatility of 13.14% compared to JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ.TO) at 4.05%. This indicates that YNVD.NEO's price experiences larger fluctuations and is considered to be riskier than JEPQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YNVD.NEO	JEPQ.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.14%	4.05%	+9.09%
Volatility (6M) Calculated over the trailing 6-month period	27.65%	9.87%	+17.78%
Volatility (1Y) Calculated over the trailing 1-year period	35.48%	12.58%	+22.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.45%	17.32%	+35.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.45%	17.32%	+35.13%

YNVD.NEO vs. JEPQ.TO - Expense Ratio Comparison

YNVD.NEO has a 1.94% expense ratio, which is higher than JEPQ.TO's 0.35% expense ratio.

Dividends

YNVD.NEO vs. JEPQ.TO - Dividend Comparison

YNVD.NEO's dividend yield for the trailing twelve months is around 21.18%, more than JEPQ.TO's 10.00% yield.

Position	TTM	2025	2024
JEPQ.TO JPMorgan Nasdaq Equity Premium Income Active ETF	10.00%	10.34%	5.50%
YNVD.NEO NVIDIA (NVDA) Yield Shares Purpose ETF	21.18%	23.48%	17.81%

Frequently Asked Questions

Can I hold both YNVD.NEO and JEPQ.TO in my portfolio?

YNVD.NEO and JEPQ.TO have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YNVD.NEO or JEPQ.TO?

On fees, JEPQ.TO is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YNVD.NEO or JEPQ.TO?

JEPQ.TO is cheaper with a 0.35% expense ratio, compared with 1.94% for YNVD.NEO.

What is the main difference between YNVD.NEO and JEPQ.TO?

YNVD.NEO is categorized as Derivative Income, while JEPQ.TO is Nasdaq-100. They also come from different issuers: Purpose Investments and JPMorgan. Their fees differ too: 1.94% for YNVD.NEO and 0.35% for JEPQ.TO.