GVAL vs. JIVE

Last updated Jun 13, 2026

GVAL (Cambria Global Value ETF) and JIVE (Jpmorgan International Value ETF) are both exchange-traded funds - GVAL is a Global Equities fund actively managed by Cambria, while JIVE is a Foreign Large Cap Equities fund actively managed by JPMorgan. Both are actively managed. Over the past year, GVAL returned 40.92% vs 42.72% for JIVE. Their correlation of 0.82 suggests significant overlap in exposure. GVAL charges 0.64%/yr vs 0.55%/yr for JIVE.

Performance

GVAL vs. JIVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Global Value ETF (GVAL) and Jpmorgan International Value ETF (JIVE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with GVAL having a 16.63% return and JIVE slightly lower at 16.59%.

GVAL

• 1D: 1.47%
• 1M: 3.88%
• YTD: 16.63%
• 6M: 18.08%
• 1Y: 40.92%
• 3Y*: 26.84%
• 5Y*: 13.64%
• 10Y*: 11.46%

JIVE

• 1D: 0.63%
• 1M: 1.64%
• YTD: 16.59%
• 6M: 19.20%
• 1Y: 42.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GVAL vs. JIVE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GVAL Cambria Global Value ETF	16.63%	55.87%	2.59%	10.41%
JIVE Jpmorgan International Value ETF	16.59%	49.80%	11.22%	5.36%

Correlation

The correlation between GVAL and JIVE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023	0.82

The correlation between GVAL and JIVE has been stable across timeframes, ranging from 0.82 to 0.84 - a consistent structural relationship.

GVAL vs. JIVE - Sectors Allocation Comparison

Sectors	GVAL	JIVE
Financial Services	16.5%	33.2%
Basic Materials	8.3%	5.3%
Energy	7.7%	8.7%
Real Estate	6.9%	2.2%
Technology	6.5%	7.2%
Communication Services	4.6%	2.7%
Utilities	4.0%	1.7%
Industrials	3.6%	7.4%
Consumer Cyclical	2.6%	4.3%
Consumer Defensive	1.9%	3.7%
Healthcare	-	4.2%

Return for Risk

GVAL vs. JIVE — Risk / Return Rank

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

GVAL

GVAL Risk / Return Rank: 84
GVAL Sharpe Ratio Rank: 90
GVAL Sortino Ratio Rank: 88
GVAL Omega Ratio Rank: 87
GVAL Calmar Ratio Rank: 77
GVAL Martin Ratio Rank: 79

JIVE

JIVE Risk / Return Rank: 87
JIVE Sharpe Ratio Rank: 91
JIVE Sortino Ratio Rank: 89
JIVE Omega Ratio Rank: 88
JIVE Calmar Ratio Rank: 83
JIVE Martin Ratio Rank: 84

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.

GVAL vs. JIVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Global Value ETF (GVAL) and Jpmorgan International Value ETF (JIVE). 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.

	GVAL	JIVE	Difference
Sharpe ratio: Return per unit of total volatility	2.64	2.73	-0.09
Sortino ratio: Return per unit of downside risk	3.50	3.59	-0.09
Omega ratio: Gain probability vs. loss probability	1.47	1.48	-0.01
Calmar ratio: Return relative to maximum drawdown	3.48	3.89	-0.41
Martin ratio: Return relative to average drawdown	13.27	14.92	-1.65

GVAL vs. JIVE - Sharpe Ratio Comparison

The current GVAL Sharpe Ratio is 2.64, which is comparable to the JIVE Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of GVAL and JIVE, 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

GVAL vs. JIVE - Drawdown Comparison

The maximum GVAL drawdown since its inception was -46.82%, which is greater than JIVE's maximum drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for GVAL and JIVE.

Drawdown Indicators

	GVAL	JIVE	Difference
Max Drawdown Largest peak-to-trough decline	-46.82%	-13.79%	-33.03%
Max Drawdown (1Y) Largest decline over 1 year	-11.50%	-10.57%	-0.93%
Max Drawdown (3Y) Largest decline over 3 years	-15.72%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.83%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.82%	—	—
Current Drawdown Current decline from peak	0.00%	-0.30%	+0.30%
Average Drawdown Average peak-to-trough decline	-13.85%	-1.96%	-11.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	2.76%	+0.26%

Volatility

GVAL vs. JIVE - Volatility Comparison

Cambria Global Value ETF (GVAL) has a higher volatility of 6.00% compared to Jpmorgan International Value ETF (JIVE) at 5.61%. This indicates that GVAL's price experiences larger fluctuations and is considered to be riskier than JIVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GVAL	JIVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.00%	5.61%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	13.40%	12.71%	+0.69%
Volatility (1Y) Calculated over the trailing 1-year period	15.18%	15.07%	+0.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.56%	15.11%	+3.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.20%	15.11%	+4.09%

GVAL vs. JIVE - Expense Ratio Comparison

GVAL has a 0.64% expense ratio, which is higher than JIVE's 0.55% expense ratio.

Dividends

GVAL vs. JIVE - Dividend Comparison

GVAL's dividend yield for the trailing twelve months is around 2.77%, more than JIVE's 2.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GVAL Cambria Global Value ETF	2.77%	2.93%	4.75%	6.12%	5.05%	2.97%	1.90%	2.84%	4.65%	2.00%	2.54%	2.11%
JIVE Jpmorgan International Value ETF	2.47%	2.88%	2.48%	0.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GVAL and JIVE in my portfolio?

GVAL and JIVE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GVAL or JIVE?

GVAL has higher volatility (6.00%) compared to JIVE (5.61%). In terms of maximum drawdown, GVAL dropped -46.82% vs JIVE's -13.79%.

Which ETF is better, GVAL or JIVE?

On 1-year performance, JIVE leads with 42.72% vs 40.92% for GVAL. On fees, JIVE is cheaper at 0.55% per year. On volatility, JIVE has been the lower-risk option at 5.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GVAL or JIVE?

Over the 1-year period, JIVE has performed better with a 42.72% return vs 40.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GVAL or JIVE?

JIVE is cheaper with a 0.55% expense ratio, compared with 0.64% for GVAL.

Which ETF pays a higher dividend yield, GVAL or JIVE?

GVAL has the higher dividend yield at 2.77%, compared with 2.47% for JIVE.

What is the main difference between GVAL and JIVE?

GVAL is categorized as Global Equities, while JIVE is Foreign Large Cap Equities. They also come from different issuers: Cambria and JPMorgan. Their fees differ too: 0.64% for GVAL and 0.55% for JIVE.

Which has better risk-adjusted returns?

JIVE currently has the higher Sharpe Ratio (2.73 vs 2.64), 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.