JEPQ — JPMorgan Nasdaq Equity Premium Income ETF

JEPQ Price Performance — Growth of $10,000

Value of a $10,000 investment in JEPQ over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

JEPQ Drawdown

The "underwater" chart: JEPQ's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) is a Covered Call / Income ETF, issued by JPMorgan. It holds a position at #183 among 458 tracked ETFs, indicating a modest ranking. The ETFValuer grade of C (score 64.9/100) suggests room for improvement. With an expense ratio of 0.35%, JEPQ is relatively cost-effective. Its dividend yield of 10.76% positions it as a strong income generator. The fund's price of $59.84 and assets under management (AUM) of $39.9B indicate strong investor adoption, reflecting confidence in its performance and income potential.

Over the past year, JEPQ has shown a steady performance with a 1-year return of +21.36%. This is followed by a 3-year return of +72.57%, indicating a strong long-term trend. Short-term returns have been more volatile, with a 1-month return of +3.49% and a 1-week return of -1.14%, suggesting some short-term fluctuations. The 1-day return of +0.30% further supports this pattern of short-term volatility. The overall trend shows a deceleration in returns over the longer horizons, with the 3-month return of +2.77% and 6-month return of +9.36% indicating a slowdown from the initial 1-year and 3-year gains.

JEPQ is labeled as having low volatility, with a beta of 0.80, indicating that it is less sensitive to market movements compared to the broader market. The Sharpe ratio of 1.12 suggests that the fund offers a good risk-adjusted return, meaning that the excess return per unit of deviation in the ETF's returns is relatively high. The maximum drawdown of -20.07% indicates that the fund has experienced a significant decline in value, but not as severe as some other funds. This combination of low volatility, a moderate Sharpe ratio, and a manageable drawdown suggests that JEPQ is suitable for investors seeking a balance between income generation and moderate risk, performing well in both up and down markets with a relatively stable performance profile.

AI-generated summary based on the data on this page.

JEPQ Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 40.0% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how JEPQ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With JEPQ

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with JEPQ's top 10 — QQQ overlaps most, holding 9 of the same companies as JEPQ's top 10 (37.9% of JEPQ's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.69% (as of 2026-08-20) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.01 (as of 2026-08-20) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

JEPQ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.18% and average daily volume is 6.9M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $39.9B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: JEPQ is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

JEPQ Performance History

How JEPQ Compares to Other Covered Call / Income ETFs