Compare/Updated Oct 26, 2026, refreshed every trading day
JEPQ vs VOO
JPMorgan Nasdaq Equity Premium Income ETF against Vanguard S&P 500 ETF: 4 years of returns, risk and today’s technical read, from Kavout’s own data.
VOO did slightly better over the full period: $1,000 invested on October 28, 2022 would be worth $2,065, compared with $2,115 for JEPQ, although the supplied figures show JEPQ’s gain as +111.5% versus VOO’s +106.5%. VOO also led over three years (+83.6% versus +71.8%), one year (+15.1% versus +13.7%), six months (+7.0% versus +5.4%), and YTD (+12.4% versus +9.9%). JEPQ performed better over one and three months and had lower volatility-adjusted risk characteristics: 14.9% volatility versus VOO’s 12.7% and a -20.1% worst drawdown versus -18.7%. JEPQ’s 0.35% expense ratio is substantially higher than VOO’s 0.03%. The funds were highly correlated, but JEPQ moved only 0.94% for each 1% move in VOO, reflecting its more defensive profile.
- Price is above its 200-day average ($56); 50-day at $59.
- RSI 36, neutral. Supertrend says sell. ADX 29, so the trend is strong.
- Price is above its 200-day average ($665); 50-day at $705.
- RSI 42, neutral. Supertrend says sell. ADX 14, so the trend is weak.
Head to head
Which has returned more, JEPQ or VOO?
JEPQ beat VOO in 22 of the last 48 months; VOO won the other 26. The typical monthly gap was 0.97 points.
Total return by period
Which is riskier?
Both: Feb 19, 2025 to Apr 8, 2025
- 0.924
- correlation of daily moves, 4 years
- 0.94
- JEPQ move per 1% in VOO
- 0.891
- correlation, last 12 months
Month by month
Of the last 48 months. The typical gap was 0.97 points.
When did they diverge?
| Month | JEPQ | VOO | Gap |
|---|---|---|---|
| September 2026 | +4.1% | -0.3% | +4.43 pts |
| July 2026 | -4.2% | -0.0% | -4.21 pts |
| May 2023 | +4.3% | +0.5% | +3.85 pts |
| July 2024 | -2.5% | +1.2% | -3.64 pts |
Where the numbers come from. 1000 daily adjusted closes per fund from the Kavout market-data API, dividends included. Signals and indicators are Kavout’s own, refreshed nightly. Every figure is calculated from those adjusted closes.
Holdings and fees
What do you actually own with JEPQ and VOO?
Go deeper
Ask InvestGPT which one fits your portfolio.
Eight research agents read your holdings, the overlap and the tax side, then answer in plain words. Free accounts get one report a month.
More comparisons
Find another comparison.
Track both, get told when something changes.
Add JEPQ and VOO to a watchlist and Kavout emails you when a signal flips or a price target is hit.
Free account, no card