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ETFs

J.P. Morgan Exchange-Traded Fund Trust JPMorgan Nasdaq Equity Premium Income ETF

JEPQ
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 3, 2022
Expense Ratio
0.35%
Type
US Equities
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$89,706,608
AUM
$5,435,939,336
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

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Invest with JEPQ
Trade JEPQ Options

What is JEPQ?

The investment objective of the Fund is to seek current income while maintaining prospects for capital appreciation. The Fund seeks to achieve this objective by (1) creating an actively managed portfolio of equity securities comprised significantly of those included in the Fund's primary benchmark, the Nasdaq-100 Index (the Benchmark), and (2) through equity-linked notes (ELNs), selling call options with exposure to the Benchmark. The resulting Fund is designed to provide investors with performance that captures a majority of the returns associated with the Benchmark, while exposing investors to lower volatility than the Benchmark and also providing incremental income. The Fund is managed in a way that seeks, under normal circumstances, to provide monthly distributions at a relatively stable level. Under normal circumstances, the Fund invests at least 80% of its Assets in equity securities (80% Policy).

1M
3M
6M
YTD
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3Y
Max
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JEPQ
Performance Measures**

for the time period May 4, 2022 to Dec 4, 2025

Returns

1M Trailing Return: 1.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 8.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -20.1%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 17.1%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.96

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.80

The annualized return divided by the max drawdown for the selected time period.

ETFs related toJEPQ

ETFs correlated to JEPQ include IWY, IWF, MGK

JEPQ
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Nasdaq Equity Premium Income ETF
IWY
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Growth ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
VONG
Vanguard Group, Inc. - Vanguard Russell 1000 Growth Index ETF
BUFQ
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Fund of Nasdaq-100 Buffer ETF
VUG
Vanguard Group, Inc. - Vanguard Growth ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
ILCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF
XLG
Invesco Capital Management LLC - Invesco S&P 500 Top 50 ETF
SPYG
SPDR Series Trust - SPDR Portfolio S&P 500 Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toJEPQ

100 Club | Deez | 27JUN2023

Category

Tactical, short-term momentum, RSI-driven, leveraged ETFs, semiconductors focus, volatility hedges, risk-on/off, gold, T-Bills, TSLA/crypto

OOS Cumulative Return

163.65%

SLAAAM (SLUNT-WAM-FTLT)

Category

Tactical timing, Momentum, Volatility filter, Mean reversion, Leveraged ETFs, Tech focus, Treasuries, Defensive rotation, Short ETFs, Gold

OOS Cumulative Return

152.6%

Create your own algorithmic trading strategy with JEPQ using Composer

FAQ

JEPQ is a US Equities ETF. The investment objective of the Fund is to seek current income while maintaining prospects for capital appreciation. The Fund seeks to achieve this objective by (1) creating an actively managed portfolio of equity securities comprised significantly of those included in the Fund's primary benchmark, the Nasdaq-100 Index (the Benchmark), and (2) through equity-linked notes (ELNs), selling call options with exposure to the Benchmark. The resulting Fund is designed to provide investors with performance that captures a majority of the returns associated with the Benchmark, while exposing investors to lower volatility than the Benchmark and also providing incremental income. The Fund is managed in a way that seeks, under normal circumstances, to provide monthly distributions at a relatively stable level. Under normal circumstances, the Fund invests at least 80% of its Assets in equity securities (80% Policy).

Yes, JEPQ is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, JEPQ is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JEPQ is 0.0052%. This is the percent change in the value of JEPQ over the most recent 1-month period. The 3-month return on JEPQ is 0.017%. This is the percent change in the value of JEPQ over the most recent 3-month period.

The standard deviation of JEPQ for the past year is 0.1616%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JEPQ include PKW, VIXY, and XYLD.

ETFs correlated to JEPQ include IWY, IWF, and MGK.

ETFs that are inversely correlated to JEPQ include SQQQ, QID, and PSQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.