DEUS vs. JPME

Last updated Jun 3, 2026

DEUS (Xtrackers Russell US Multifactor ETF) and JPME (JPMorgan Diversified Return US Mid Cap Equity ETF) are both Mid Cap Blend Equities funds - DEUS tracks the Russell 1000 Comprehensive Factor Index while JPME tracks the JPMorgan Diversified Factor US Mid Cap Equity Index. Both are passively managed. Over the past 10 years, DEUS returned 11.31%/yr vs 11.00%/yr for JPME. Their correlation of 0.94 suggests significant overlap in exposure. DEUS charges 0.17%/yr vs 0.24%/yr for JPME.

Performance

DEUS vs. JPME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Russell US Multifactor ETF (DEUS) and JPMorgan Diversified Return US Mid Cap Equity ETF (JPME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DEUS achieves a 10.91% return, which is significantly lower than JPME's 13.26% return. Both investments have delivered pretty close results over the past 10 years, with DEUS having a 11.31% annualized return and JPME not far behind at 11.00%.

DEUS

• 1D: 0.73%
• 1M: 2.26%
• YTD: 10.91%
• 6M: 11.97%
• 1Y: 19.24%
• 3Y*: 16.46%
• 5Y*: 9.49%
• 10Y*: 11.31%

JPME

• 1D: 0.93%
• 1M: 1.41%
• YTD: 13.26%
• 6M: 13.96%
• 1Y: 23.45%
• 3Y*: 15.36%
• 5Y*: 8.68%
• 10Y*: 11.00%

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

DEUS vs. JPME - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEUS Xtrackers Russell US Multifactor ETF	10.91%	10.41%	14.33%	14.73%	-11.18%	26.31%	8.81%	28.80%	-9.16%	20.20%
JPME JPMorgan Diversified Return US Mid Cap Equity ETF	13.26%	8.26%	13.55%	11.28%	-10.12%	28.90%	8.46%	25.87%	-8.92%	19.09%

Correlation

The correlation between DEUS and JPME is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since May 19, 2016	0.94

The correlation between DEUS and JPME has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

DEUS vs. JPME - Sectors Allocation Comparison

Sectors	DEUS	JPME
Industrials	17.6%	11.5%
Technology	15.5%	12.0%
Financial Services	12.1%	8.1%
Healthcare	11.4%	10.7%
Consumer Cyclical	10.6%	8.8%
Consumer Defensive	7.5%	9.6%
Utilities	7.3%	9.4%
Energy	5.5%	7.8%
Basic Materials	4.5%	7.0%
Real Estate	4.3%	11.5%
Communication Services	3.8%	3.6%

Return for Risk

DEUS vs. JPME — Risk / Return Rank

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

DEUS

DEUS Risk / Return Rank: 53
DEUS Sharpe Ratio Rank: 50
DEUS Sortino Ratio Rank: 53
DEUS Omega Ratio Rank: 48
DEUS Calmar Ratio Rank: 55
DEUS Martin Ratio Rank: 59

JPME

JPME Risk / Return Rank: 61
JPME Sharpe Ratio Rank: 57
JPME Sortino Ratio Rank: 59
JPME Omega Ratio Rank: 54
JPME Calmar Ratio Rank: 67
JPME Martin Ratio Rank: 68

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.

DEUS vs. JPME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Russell US Multifactor ETF (DEUS) and JPMorgan Diversified Return US Mid Cap Equity ETF (JPME). 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.

	DEUS	JPME	Difference
Sharpe ratio Return per unit of total volatility	1.75	1.95	-0.20
Sortino ratio Return per unit of downside risk	2.59	2.83	-0.25
Omega ratio Gain probability vs. loss probability	1.31	1.34	-0.03
Calmar ratio Return relative to maximum drawdown	2.79	3.40	-0.61
Martin ratio Return relative to average drawdown	10.62	12.67	-2.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DEUS vs. JPME - Sharpe Ratio Comparison

The current DEUS Sharpe Ratio is 1.75, which is comparable to the JPME Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of DEUS and JPME, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DEUS	JPME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	1.95	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.54	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.62	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.64	0.00

Drawdowns

DEUS vs. JPME - Drawdown Comparison

The maximum DEUS drawdown since its inception was -40.47%, roughly equal to the maximum JPME drawdown of -41.01%. Use the drawdown chart below to compare losses from any high point for DEUS and JPME.

Drawdown Indicators

	DEUS	JPME	Difference
Max Drawdown Largest peak-to-trough decline	-40.47%	-41.01%	+0.54%
Max Drawdown (1Y) Largest decline over 1 year	-6.83%	-6.84%	+0.01%
Max Drawdown (3Y) Largest decline over 3 years	-16.69%	-18.70%	+2.01%
Max Drawdown (5Y) Largest decline over 5 years	-20.89%	-19.30%	-1.59%
Max Drawdown (10Y) Largest decline over 10 years	-40.47%	-41.01%	+0.54%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.34%	-4.39%	+0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	1.84%	-0.04%

Volatility

DEUS vs. JPME - Volatility Comparison

The current volatility for Xtrackers Russell US Multifactor ETF (DEUS) is 2.97%, while JPMorgan Diversified Return US Mid Cap Equity ETF (JPME) has a volatility of 3.49%. This indicates that DEUS experiences smaller price fluctuations and is considered to be less risky than JPME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEUS	JPME	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	3.49%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	8.17%	8.52%	-0.35%
Volatility (1Y) Calculated over the trailing 1-year period	11.02%	12.06%	-1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.55%	16.15%	-0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.98%	17.70%	+0.28%

DEUS vs. JPME - Expense Ratio Comparison

DEUS has a 0.17% expense ratio, which is lower than JPME's 0.24% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

DEUS vs. JPME - Dividend Comparison

DEUS's dividend yield for the trailing twelve months is around 1.45%, less than JPME's 1.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DEUS Xtrackers Russell US Multifactor ETF	1.45%	1.59%	1.36%	1.49%	1.74%	1.14%	1.61%	1.65%	1.77%	1.31%	2.75%
JPME JPMorgan Diversified Return US Mid Cap Equity ETF	1.82%	2.03%	1.77%	1.84%	1.84%	1.44%	1.51%	1.68%	1.80%	1.17%	0.91%

Frequently Asked Questions

Can I hold both DEUS and JPME in my portfolio?

With a correlation of 0.95, DEUS and JPME move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DEUS or JPME?

JPME has higher volatility (3.49%) compared to DEUS (2.97%). In terms of maximum drawdown, DEUS dropped -40.47% vs JPME's -41.01%.

Which ETF is better, DEUS or JPME?

On 10-year performance, DEUS leads with 11.31% vs 11.00% for JPME. On fees, DEUS is cheaper at 0.17% per year. On volatility, DEUS has been the lower-risk option at 2.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DEUS or JPME?

Over the 10-year period, DEUS has performed better with a 11.31% return vs 11.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DEUS or JPME?

DEUS is cheaper with a 0.17% expense ratio, compared with 0.24% for JPME.

Which ETF pays a higher dividend yield, DEUS or JPME?

JPME has the higher dividend yield at 1.82%, compared with 1.45% for DEUS.

What is the main difference between DEUS and JPME?

DEUS tracks Russell 1000 Comprehensive Factor Index, while JPME tracks JPMorgan Diversified Factor US Mid Cap Equity Index. They also come from different issuers: Xtrackers and JPMorgan. Their fees differ too: 0.17% for DEUS and 0.24% for JPME.

Which has better risk-adjusted returns?

JPME currently has the higher Sharpe Ratio (1.95 vs 1.75), 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.