JEPQ vs VTI
JPMorgan Nasdaq Equity Premium Income ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, JEPQ or VTI?
Large Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. JEPQ led over 1Y and the full window, VTI over 3Y. The two have moved almost in lockstep, correlation 0.90.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JEPQ | VTI |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $44.6B | $689.2B |
| Dividend Yield | 11.07% | 1.06% |
| Holdings | 111 | 3,524 |
| YTD Return | +13.11%Best | +13.02% |
| 1Y Return | +18.39%Best | +16.63% |
| 3Y Return (annualized) | +20.49% | +21.97%Best |
| 5Y Return (annualized) | - | +11.99% |
| Volatility (annualized) | 13.6%Best | 15.4% |
| Max Drawdown | -20.1% | -19.3%Best |
| $10,000 over 4.4 years | $19,170Best | $18,496 |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | May 3, 2022 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: May 4, 2022 to Oct 14, 2026 (4.4 years).
JEPQ vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.4 years both funds cover.
JEPQ vs VTI Performance
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) is an ETF from J.P. Morgan Asset Management and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year JEPQ returned +18.39% while VTI returned +16.63%. Year to date, JEPQ is up 13.11% versus a gain of 13.02% for VTI.
Over three years, JEPQ compounded at +20.49% per year against +21.97% for VTI. Across the full 4-year window we track, JEPQ has the edge at +15.94% annualized vs +15.00%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 13.6% for JEPQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.1% for JEPQ and -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JEPQ charges 0.35% per year while VTI charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, JEPQ currently yields 11.07% against 1.06% for VTI.
Holdings Overlap
At least 47.1% of VTI's money is in holdings JEPQ also owns.
Stated as a floor: for JEPQ, our book for it covers 85.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
84 positions in common, counted across the 94 positions we hold weights for in JEPQ and 3,441 in VTI, against full books of 111 and 3,524.
Top Shared Holdings
| Stock | Weight in JEPQ | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.66% | 6.88% | 0.78% |
| AAPLApple Inc | 6.37% | 6.30% | 0.07% |
| MSFTMicrosoft Corp_None_0 | 5.32% | 5.11% | 0.21% |
| AMZNAmazon.Com Inc | 3.80% | 3.41% | 0.39% |
| GOOGAlphabet, Inc.- Cl C | 4.74% | 2.12% | 2.62% |
| MUMicron Technology, Inc. | 4.82% | 1.46% | 3.36% |
| AMDAdvanced Micro Devices Inc. | 4.15% | 1.04% | 3.11% |
| METAMeta Platforms, Inc. | 3.00% | 1.70% | 1.30% |
| AVGOBroadcom Inc | 2.06% | 2.38% | 0.32% |
| TSLATesla Mtrs Inc | 2.14% | 1.40% | 0.74% |
47.1% of VTI is already inside JEPQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, JEPQ or VTI?
JEPQ has an expense ratio of 0.35% while VTI charges 0.03%. VTI is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, JEPQ or VTI?
Over the past year JEPQ returned +18.39% vs +16.63% for VTI, so JEPQ leads on 1-year performance. Over the longest common window we track (4 years), JEPQ annualized +15.94% vs +15.00% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JEPQ or VTI?
VTI has been the more volatile fund at 15.4% annualized versus 13.6% for JEPQ. Worst drawdown: JEPQ -20.1% vs VTI -19.3%.
Should I hold both JEPQ and VTI?
JEPQ and VTI have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between JEPQ and VTI?
At least 47.1% of VTI's money is in holdings JEPQ also owns. Our book for JEPQ is partial, so the real figure is this or higher. They hold 84 positions in common, counted across the 94 positions we hold weights for in JEPQ and 3,441 in VTI.
Which pays a higher dividend, JEPQ or VTI?
JEPQ yields 11.07% while VTI yields 1.06%, so JEPQ currently pays the higher dividend yield.
Is VTI better than JEPQ?
VTI has a lower expense ratio. JEPQ led over 1Y and the full window, VTI over 3Y. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.