JEPQJPMorgan Nasdaq Equity Premium Income ETF

Get income4y track recordRanked #185 of 1,706 in this goal

Seeks current income while maintaining prospects for capital appreciation.

By JPMorgan · Launched 2022

Annual Cost

0.35%

#1,699 of 6,040 · low cost

Fund Size

$42.2B

#85 of 6,040 · large

Return (1Y)

+18.4%

Track Record

4 years

#2,629 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,799+18.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

Index tracked

Nasdaq-100 Index

Holdings

By weight

Concentration

Top 10 holdings = 40.0% of fundmoderately concentrated

NVIDIA Corp.

7.3%

Apple, Inc.

6.4%

Alphabet, Inc.

5.1%

Microsoft Corp.

4.8%

Amazon.com, Inc.

4.0%

Meta Platforms, Inc.

3.0%

Tesla, Inc.

2.6%

Walmart, Inc.

2.5%

Broadcom, Inc.

2.2%

Netflix, Inc.

2.1%

Asset allocation

Stocks

81.7%

Convertible

16.3%

Cash

2.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

14.8%Moderate

Year-on-year price swings

Max drawdown

-20.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.98Decent risk-adjusted returns

Sortino (3Y)

1.42Good downside protection

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks current income while maintaining prospects for capital appreciation.
Strategy: Creates an actively managed portfolio of equity securities, significantly including those in the Nasdaq-100 Index, while selling call options to generate income. The Fund targets lower volatility than the Benchmark and aims for capital appreciation, primarily investing in large and mid-cap technology companies.
Inception date: May 3, 2022
Fund family: JPMorgan