IQDF vs. JPIN
Compare and contrast key facts about FlexShares International Quality Dividend Index Fund (IQDF) and J.P. Morgan Diversified Return International Equity ETF (JPIN).
IQDF and JPIN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQDF is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust International Quality Dividend Index. It was launched on Apr 12, 2013. JPIN is a passively managed fund by JPMorgan Chase that tracks the performance of the JPMorgan Diversified Factor International Equity Index. It was launched on Nov 7, 2014. Both IQDF and JPIN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IQDF or JPIN.
Performance
IQDF vs. JPIN - Performance Comparison
Returns By Period
In the year-to-date period, IQDF achieves a 7.55% return, which is significantly higher than JPIN's 4.47% return. Over the past 10 years, IQDF has underperformed JPIN with an annualized return of 3.75%, while JPIN has yielded a comparatively higher 4.20% annualized return.
IQDF
7.55%
-4.80%
-1.40%
14.75%
5.70%
3.75%
JPIN
4.47%
-4.10%
-0.32%
11.69%
4.19%
4.20%
Key characteristics
| IQDF | JPIN | |
|---|---|---|
| Sharpe Ratio | 1.10 | 0.91 |
| Sortino Ratio | 1.58 | 1.30 |
| Omega Ratio | 1.19 | 1.16 |
| Calmar Ratio | 1.74 | 1.19 |
| Martin Ratio | 5.78 | 4.09 |
| Ulcer Index | 2.46% | 2.74% |
| Daily Std Dev | 12.97% | 12.37% |
| Max Drawdown | -39.83% | -36.69% |
| Current Drawdown | -8.03% | -8.70% |
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IQDF vs. JPIN - Expense Ratio Comparison
IQDF has a 0.47% expense ratio, which is higher than JPIN's 0.37% expense ratio.
Correlation
The correlation between IQDF and JPIN is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
IQDF vs. JPIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares International Quality Dividend Index Fund (IQDF) and J.P. Morgan Diversified Return International Equity ETF (JPIN). 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.
Dividends
IQDF vs. JPIN - Dividend Comparison
IQDF's dividend yield for the trailing twelve months is around 4.86%, more than JPIN's 4.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQDF FlexShares International Quality Dividend Index Fund | 4.86% | 6.06% | 5.59% | 4.13% | 3.16% | 4.46% | 5.77% | 3.89% | 3.75% | 4.27% | 4.36% | 1.59% |
JPIN J.P. Morgan Diversified Return International Equity ETF | 4.75% | 6.22% | 3.06% | 5.03% | 2.45% | 3.30% | 2.73% | 2.12% | 1.67% | 2.18% | 0.30% | 0.00% |
Drawdowns
IQDF vs. JPIN - Drawdown Comparison
The maximum IQDF drawdown since its inception was -39.83%, which is greater than JPIN's maximum drawdown of -36.69%. Use the drawdown chart below to compare losses from any high point for IQDF and JPIN. For additional features, visit the drawdowns tool.
Volatility
IQDF vs. JPIN - Volatility Comparison
FlexShares International Quality Dividend Index Fund (IQDF) has a higher volatility of 4.12% compared to J.P. Morgan Diversified Return International Equity ETF (JPIN) at 3.81%. This indicates that IQDF's price experiences larger fluctuations and is considered to be riskier than JPIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.