JEPQ
J.P. Morgan NASDAQ Equity Premium Income ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for JEPQ (J.P. Morgan NASDAQ Equity Premium Income ETF) using the Excess Return MMA* strategy in a Trading context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -12.8% (compared to the benchmark's drawdown of -20.1%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 14.0%, compared to a Buy-and-Hold benchmark return of 21.4%. The strategy executed 26 total trades.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
📊 Mathematical Model
Excess Return MMA Active
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Available in Investing Mode
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
Available in Investing Mode
JEPQ Quality Metrics & KPI Summary
| Metric | 1Y | Full History | ||
|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | |
| CAGR | 15.41% | 17.33% | 13.98% | 21.38% |
| Sharpe Ratio | 1.24 | 1.13 | 1.28 | 1.27 |
| Max Drawdown | -4.72% | -8.82% | -12.76% | -20.07% |
| % Time Invested | 100.0% | 100.0% | 97.2% | 100.0% |
| Trades / Year | 5.0 | 0.0 | 7.0 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2026-03-16 | 2026-04-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 2026-03-13 | 2026-04-14 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2025-05-01 | 2026-03-16 | Completed | 33.33% | $44.99 | $54.90 | 21.96% | Signal | |
| 2026-03-09 | 2026-03-13 | Completed | 33.33% | $54.15 | $54.87 | 1.28% | Signal | |
| 2026-02-12 | 2026-03-09 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2026-01-23 | 2026-02-12 | Completed | 33.33% | $55.79 | $55.80 | -0.02% | Signal | |
| 2025-12-30 | 2026-01-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2025-12-12 | 2025-12-30 | Completed | 33.33% | $55.08 | $55.35 | 0.43% | Signal | |
| 2025-11-19 | 2025-12-12 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.24% | Interest Income | |
| 2025-05-01 | 2025-11-19 | Completed | 33.33% | $44.99 | $52.68 | 17.04% | Signal | |
| 2025-04-08 | 2025-05-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-04-04 | 2025-05-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2025-03-12 | 2025-05-01 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.59% | Interest Income | |
| 2025-04-03 | 2025-04-08 | Completed | 33.33% | $43.56 | $41.75 | -4.21% | Stop | |
| 2024-11-08 | 2025-04-04 | Completed | 33.33% | $46.91 | $41.71 | -11.13% | Stop | |
| 2025-03-05 | 2025-04-03 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income | |
| 2024-09-27 | 2025-03-12 | Completed | 33.33% | $44.84 | $45.21 | 0.77% | Signal | |
| 2025-01-29 | 2025-03-05 | Completed | 33.33% | $48.69 | $46.65 | -4.23% | Signal | |
| 2025-01-03 | 2025-01-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2024-10-07 | 2025-01-03 | Completed | 33.33% | $44.82 | $47.83 | 6.66% | Signal | |
| 2024-10-17 | 2024-11-08 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.29% | Interest Income | |
| 2024-08-28 | 2024-10-17 | Completed | 33.33% | $43.51 | $45.52 | 4.57% | Signal | |
| 2024-09-13 | 2024-10-07 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2024-08-06 | 2024-09-27 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.74% | Interest Income | |
| 2024-08-19 | 2024-09-13 | Completed | 33.33% | $43.19 | $43.68 | 1.08% | Signal | |
| 2024-08-06 | 2024-08-28 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 2024-07-25 | 2024-08-19 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income | |
| 2024-06-21 | 2024-08-06 | Completed | 33.33% | $43.91 | $40.36 | -8.11% | Stop | |
| 2023-01-18 | 2024-08-06 | Completed | 33.33% | $29.37 | $40.36 | 37.36% | Stop | |
| 2024-05-09 | 2024-07-25 | Completed | 33.33% | $42.07 | $42.55 | 1.10% | Signal | |
| 2024-05-29 | 2024-06-21 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2023-11-07 | 2024-05-29 | Completed | 33.33% | $36.00 | $42.91 | 19.14% | Signal | |
| 2024-04-17 | 2024-05-09 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2023-11-21 | 2024-04-17 | Completed | 33.33% | $36.96 | $41.36 | 11.85% | Signal | |
| 2023-10-30 | 2023-11-21 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2023-09-25 | 2023-11-07 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.67% | Interest Income | |
| 2023-10-19 | 2023-10-30 | Completed | 33.33% | $35.30 | $34.10 | -3.47% | Signal | |
| 2023-09-27 | 2023-10-19 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income | |
| 2023-09-06 | 2023-09-27 | Completed | 33.33% | $35.91 | $34.49 | -4.00% | Signal | |
| 2023-02-22 | 2023-09-25 | Completed | 33.33% | $29.55 | $34.56 | 16.88% | Signal | |
| 2023-08-14 | 2023-09-06 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2023-03-21 | 2023-08-14 | Completed | 33.33% | $30.81 | $34.96 | 13.43% | Signal | |
| 2023-02-27 | 2023-03-21 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2023-01-17 | 2023-02-27 | Completed | 33.33% | $29.25 | $29.64 | 1.26% | Signal | |
| 2023-01-30 | 2023-02-22 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2022-12-05 | 2023-01-30 | Completed | 33.33% | $29.68 | $29.63 | -0.25% | Signal | |
| 2022-10-31 | 2023-01-18 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.89% | Interest Income | |
| 2022-12-20 | 2023-01-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2022-11-02 | 2022-12-20 | Completed | 33.33% | $28.18 | $28.15 | -0.18% | Signal | |
| 2022-10-31 | 2022-12-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.39% | Interest Income | |
| 2022-10-31 | 2022-11-02 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |