JEPQ

J.P. Morgan Nasdaq Equity Premium Income ETF

JEPQ is a fundamentally-driven NASDAQ 100-based portfolio designed to provide monthly income via options premium and dividends.


US

EQUITY

Active

MANAGEMENT STYLE

15.3 B

ASSETS UNDER MGMT

35 bp

EXPENSES
Fund Basics
Fund sponsorJPMorgan Chase
CategoryUS
Asset classEquity
Websitelink...
Inception dateMay 03, 2022
Assets (mns)$15,307
Expense ratio35 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsMonthly
Taxation1099
Stock selectionProprietary
WeightingProprietary
Holdings TransparencyFull
Derivatives-basedYes
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
APPLE INC 7.4 %
MICROSOFT CORP 7.1 %
NVIDIA CORP 6.4 %
AMAZON.COM INC 4.4 %
ALPHABET INC. CLASS C 4.1 %
META PLATFORMS INC 3.8 %
BROADCOM INC. 3.3 %
TESLA MOTORS INC 2.2 %
NETFLIX INC 1.7 %
ADVANCED MICRO DEVICES 1.6 %
Constituent Breakdown
Number of holdings99
Herfindahl-Hirschman Index 247
Wgt avg mkt cap (mns)$857,798
Large cap (>$10bn)100.0%
Mid cap ($2-10bn)0.0%
Small cap (<$2bn)0.0%
Developed mkts.99.2%
Emerging mkts.0.8%
Country Exposure
UNITED STATES 77.4 %
NETHERLANDS 1.4 %
BRITAIN 1.0 %
IRELAND 0.7 %
ARGENTINA 0.6 %
Historical Performance


Standardized Performance (as of 09/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 17.2% 30.2% 29.3% -- -- -- 17.9%
Volatility 10.8% 10.8% 15.8% -- -- -- --
Market Correlations
versus...BetaR-squared
S&P 5000.8085%
MSCI EAFE0.6457%
MSCI Emg Mkts0.5036%
Liquidity Measures
Avg. volume (000)2,745
Turnover1.0%
Avg. Bid/Ask (% of price)0.02%
ADV of underlying (mns)$134,800
Technical Indicators
Recent close$54.37
30d moving avg.$53.48
Annualized volatility15.6%
Relative strength (RSI)66
Short interest (ETF)0.2%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: JEPQ vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
4.3 25.7 5.6 0.8% --
Based on closing prices from 10/4/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
JEPQ



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Rating

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™

JEPQ

4.5%

Cat. Avg

5.6%


ALTAR Score™ Calculation

Category Overview
There are 936 funds in the US Equity category, with an average ALTAR Score™ of 5.6% and a standard deviation of 2.4%. JEPQ's ALTAR Score™ is approximately 0.5 standard deviations below the category average. This places JEPQ in the 33rd percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

JEPQ
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Active
US Equity ETFs
# of ETFs 308
Avg. Expense Ratio 67.1 bp
Std. Deviation 37 bp
JEPQ (35 bp) Percentile rank 20
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
JEPQ 35.0 2.1 37.1
Peer Avg. 56.3 22.6 78.9
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .