ROCQJPMorgan Nasdaq Equity Premium Yield ETF
Seeks to deliver current yield while maintaining prospects for capital appreciation.
By JPMorgan · Launched 2026
0.35%
#1,706 of 5,562 · low cost
$316M
#1,917 of 5,562 · mid-size
—
3 months
#5,309 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 54.9% of fundmoderately concentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks to deliver current yield while maintaining prospects for capital appreciation.
- Strategy
- Creates an actively managed portfolio of equity securities and sells call options with exposure to the Nasdaq-100 Index. Aims to deliver positive yield while reducing volatility compared to the Index. Invests at least 80% of assets in equity securities listed on NASDAQ, primarily large-cap companies. Uses call spreads to generate income and mitigate risk. The strategy may include futures contracts for targeted equity exposure. Monthly distributions consist of net premiums and investment income, potentially including return of capital.
- Inception date
- March 18, 2026
- Fund family
- JPMorgan
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19