DDIV vs. JMOM

Last updated Jun 24, 2026

DDIV (First Trust Dorsey Wright Momentum & Dividend ETF) and JMOM (JPMorgan U.S. Momentum Factor ETF) are both Momentum funds - DDIV tracks the Dorsey Wright Momentum Plus Dividend Yield Index while JMOM tracks the JP Morgan US Momentum Factor Index. Both are passively managed. Over the past 5 years, DDIV returned 10.48%/yr vs 15.10%/yr for JMOM. A 0.70 correlation means they provide meaningful diversification when combined. DDIV charges 0.60%/yr vs 0.12%/yr for JMOM.

Performance

DDIV vs. JMOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and JPMorgan U.S. Momentum Factor ETF (JMOM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DDIV achieves a 9.05% return, which is significantly lower than JMOM's 21.70% return.

DDIV

• 1D: 0.56%
• 1M: 0.15%
• YTD: 9.05%
• 6M: 7.35%
• 1Y: 21.91%
• 3Y*: 21.11%
• 5Y*: 10.48%
• 10Y*: 10.13%

JMOM

• 1D: -2.53%
• 1M: 2.90%
• YTD: 21.70%
• 6M: 19.91%
• 1Y: 34.10%
• 3Y*: 27.39%
• 5Y*: 15.10%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DDIV vs. JMOM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DDIV First Trust Dorsey Wright Momentum & Dividend ETF	9.05%	12.23%	27.18%	9.95%	-12.44%	39.96%	-3.59%	32.40%	-16.50%	3.49%
JMOM JPMorgan U.S. Momentum Factor ETF	21.70%	18.02%	28.47%	22.89%	-20.83%	25.03%	29.25%	28.24%	-5.25%	3.36%

Correlation

The correlation between DDIV and JMOM is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017	0.70

The correlation between DDIV and JMOM shifts across timeframes, from 0.64 (1 year) to 0.76 (5 years), reflecting how their relationship changes across market environments.

DDIV vs. JMOM - Sectors Allocation Comparison

Sectors	DDIV	JMOM
Energy	27.0%	3.3%
Financial Services	22.2%	9.0%
Real Estate	15.4%	2.2%
Consumer Defensive	7.6%	5.0%
Industrials	6.4%	12.0%
Consumer Cyclical	5.4%	6.3%
Utilities	5.2%	2.0%
Healthcare	4.0%	8.1%
Basic Materials	3.0%	1.3%
Communication Services	2.8%	7.7%
Technology	1.0%	43.1%

Return for Risk

DDIV vs. JMOM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DDIV

DDIV Risk / Return Rank: 45
DDIV Sharpe Ratio Rank: 47
DDIV Sortino Ratio Rank: 46
DDIV Omega Ratio Rank: 46
DDIV Calmar Ratio Rank: 41
DDIV Martin Ratio Rank: 45

JMOM

JMOM Risk / Return Rank: 76
JMOM Sharpe Ratio Rank: 71
JMOM Sortino Ratio Rank: 68
JMOM Omega Ratio Rank: 68
JMOM Calmar Ratio Rank: 84
JMOM Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DDIV vs. JMOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and JPMorgan U.S. Momentum Factor ETF (JMOM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DDIV	JMOM	Difference
Sharpe ratio: Return per unit of total volatility	1.54	2.19	-0.65
Sortino ratio: Return per unit of downside risk	2.18	2.95	-0.78
Omega ratio: Gain probability vs. loss probability	1.28	1.38	-0.11
Calmar ratio: Return relative to maximum drawdown	1.95	4.35	-2.41
Martin ratio: Return relative to average drawdown	7.14	19.57	-12.43

DDIV vs. JMOM - Sharpe Ratio Comparison

The current DDIV Sharpe Ratio is 1.54, which is comparable to the JMOM Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of DDIV and JMOM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DDIV vs. JMOM - Drawdown Comparison

The maximum DDIV drawdown since its inception was -47.56%, which is greater than JMOM's maximum drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for DDIV and JMOM.

Drawdown Indicators

	DDIV	JMOM	Difference
Max Drawdown Largest peak-to-trough decline	-47.56%	-34.31%	-13.25%
Max Drawdown (1Y) Largest decline over 1 year	-11.31%	-7.87%	-3.44%
Max Drawdown (3Y) Largest decline over 3 years	-18.97%	-19.51%	+0.54%
Max Drawdown (5Y) Largest decline over 5 years	-21.10%	-28.26%	+7.16%
Max Drawdown (10Y) Largest decline over 10 years	-47.56%	—	—
Current Drawdown Current decline from peak	-0.51%	-2.53%	+2.02%
Average Drawdown Average peak-to-trough decline	-6.00%	-6.29%	+0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	1.75%	+1.32%

Volatility

DDIV vs. JMOM - Volatility Comparison

The current volatility for First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is 3.14%, while JPMorgan U.S. Momentum Factor ETF (JMOM) has a volatility of 7.29%. This indicates that DDIV experiences smaller price fluctuations and is considered to be less risky than JMOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DDIV	JMOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.14%	7.29%	-4.15%
Volatility (6M) Calculated over the trailing 6-month period	11.64%	13.12%	-1.48%
Volatility (1Y) Calculated over the trailing 1-year period	14.36%	15.69%	-1.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.54%	18.87%	-0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.90%	20.19%	-0.29%

DDIV vs. JMOM - Expense Ratio Comparison

DDIV has a 0.60% expense ratio, which is higher than JMOM's 0.12% expense ratio.

Dividends

DDIV vs. JMOM - Dividend Comparison

DDIV's dividend yield for the trailing twelve months is around 1.59%, more than JMOM's 0.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DDIV First Trust Dorsey Wright Momentum & Dividend ETF	1.59%	1.94%	2.22%	3.18%	3.60%	2.43%	2.63%	2.93%	3.27%	0.00%
JMOM JPMorgan U.S. Momentum Factor ETF	0.72%	0.86%	0.75%	1.21%	1.39%	0.64%	0.85%	1.11%	1.38%	0.29%

Frequently Asked Questions

Can I hold both DDIV and JMOM in my portfolio?

DDIV and JMOM have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DDIV or JMOM?

JMOM has higher volatility (7.29%) compared to DDIV (3.14%). In terms of maximum drawdown, DDIV dropped -47.56% vs JMOM's -34.31%.

Which ETF is better, DDIV or JMOM?

On 5-year performance, JMOM leads with 15.10% vs 10.48% for DDIV. On fees, JMOM is cheaper at 0.12% per year. On volatility, DDIV has been the lower-risk option at 3.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DDIV or JMOM?

Over the 5-year period, JMOM has performed better with a 15.10% return vs 10.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DDIV or JMOM?

JMOM is cheaper with a 0.12% expense ratio, compared with 0.60% for DDIV.

Which ETF pays a higher dividend yield, DDIV or JMOM?

DDIV has the higher dividend yield at 1.59%, compared with 0.72% for JMOM.

What is the main difference between DDIV and JMOM?

DDIV tracks Dorsey Wright Momentum Plus Dividend Yield Index, while JMOM tracks JP Morgan US Momentum Factor Index. They also come from different issuers: First Trust and JPMorgan. Their fees differ too: 0.60% for DDIV and 0.12% for JMOM.

Which has better risk-adjusted returns?

JMOM currently has the higher Sharpe Ratio (2.19 vs 1.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.