JEPQ — JPMorgan Nasdaq Equity Premium Income ETF

Overview

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) operates within the Covered Call / Income category, which currently contains four ETFs tracked by ETFValuer. Issued by JPMorgan, this fund has accumulated $40.7 billion in assets under management and trades at a price of $59.45. It holds an overall rank of #55 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 65.5 out of 100. The fund charges an expense ratio of 0.35% while offering a dividend yield of 9.95%. The substantial asset size and high yield suggest significant investor adoption relative to the small number of peers in its specific category. This combination of low cost and high income distribution positions the ETF as a prominent option within its niche.

Over the last day, the fund posted a return of +0.22% before declining -2.26% over the following week. Monthly performance recovered to +1.99%, followed by a stronger three-month return of +8.51%. The six-month gain stood at +6.65%, while year-to-date returns reached +7.29%. Annual performance showed significant acceleration with a one-year return of +21.41%, and the three-year total return expanded to +66.32%. This trajectory indicates a pattern where short-term fluctuations were followed by sustained growth over longer holding periods. The data shows a clear divergence between the modest short-term gains and the robust multi-year appreciation.

JEPQ carries a Low volatility label and a beta of 0.78, indicating that the fund generally experiences less price fluctuation than the broader market. A Sharpe ratio of 1.21 suggests the fund has generated a favorable amount of return per unit of risk taken over the measured period. Despite this efficiency, the fund experienced a maximum drawdown of -20.07% during the tracked timeframe. This combination of low beta and a Sharpe ratio above 1.0 implies that the fund managed to limit downside severity relative to its returns, even while enduring a significant peak-to-trough decline. The data reflects a profile where the fund seeks to provide income and moderate growth while attempting to cushion against severe market drops.

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.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — 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): 16.13 (as of 2026-07-07) — 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 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

JEPQ Performance History

How JEPQ Compares to Other Covered Call / Income ETFs