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JEPI vs JEPQ: Performance & Backtest Comparison

JEPQ delivered the higher return - 17.97% CAGR vs 8.36% - over 2022-06-30 → 2026-06-30.

Growth comparison

Drawdown

Annual returns

JEPIJEPQ
NameJPMorgan Equity Premium Income ETFJPMorgan Nasdaq Equity Premium Income ETF
CAGR8.36%17.97%
Total return38.78%96.39%
Volatility9.81%13.75%
Max drawdown-9.10%Sep 2022-13.53%Sep 2022
Sharpe0.440.98
Sortino0.691.45
Best year12.58%36.23%
Worst year1.72%-9.50%
Final balance$13,878$19,639

Correlation of monthly returns: 0.74. Wondering if you need both? Check their fund overlap →

All figures are total returns: every dividend and distribution is reinvested on its ex-date, and prices are split-adjusted. See the methodology.

Which has performed better, JEPI or JEPQ?

Over 2022-06-30 to 2026-06-30, JEPQ performed better: 17.97% annualized versus 8.36% for JEPI, with dividends reinvested. Past performance does not guarantee future results.

How similar are JEPI and JEPQ?

Their monthly returns have a correlation of 0.74 over the common period. JEPI is JPMorgan Equity Premium Income ETF; JEPQ is JPMorgan Nasdaq Equity Premium Income ETF.

Which is riskier, JEPI or JEPQ?

Over the common period JEPI had 9.81% annualized volatility and a -9.10% max drawdown, versus 13.75% and -13.53% for JEPQ.