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JEPI vs QQQ: Performance & Backtest Comparison
QQQ delivered the higher return - 21.49% CAGR vs 10.65% - over 2020-06-30 → 2026-06-30.
Growth comparison
Drawdown
Annual returns
| JEPI | QQQ | |
|---|---|---|
| Name | JPMorgan Equity Premium Income ETF | Invesco QQQ Trust, Series 1 |
| CAGR | 10.65% | 21.49% |
| Total return | 85.05% | 226.72% |
| Volatility | 10.23% | 20.41% |
| Max drawdown | -12.99%Sep 2022 | -32.58%Dec 2022 |
| Sharpe | 0.76 | 0.92 |
| Sortino | 1.33 | 1.53 |
| Best year | 21.50% | 54.86% |
| Worst year | -3.51% | -32.58% |
| Final balance | $18,505 | $32,672 |
Correlation of monthly returns: 0.65. 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.
Frequently asked questions
Which has performed better, JEPI or QQQ?
Over 2020-06-30 to 2026-06-30, QQQ performed better: 21.49% annualized versus 10.65% for JEPI, with dividends reinvested. Past performance does not guarantee future results.
How similar are JEPI and QQQ?
Their monthly returns have a correlation of 0.65 over the common period. JEPI is JPMorgan Equity Premium Income ETF; QQQ is Invesco QQQ Trust, Series 1.
Which is riskier, JEPI or QQQ?
Over the common period JEPI had 10.23% annualized volatility and a -12.99% max drawdown, versus 20.41% and -32.58% for QQQ.