IWFQ.L vs. JQUA
Compare and contrast key facts about iShares MSCI World Quality Factor UCITS (IWFQ.L) and JPMorgan U.S. Quality Factor ETF (JQUA).
IWFQ.L and JQUA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWFQ.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 3, 2014. JQUA is a passively managed fund by JPMorgan Chase that tracks the performance of the JP Morgan US Quality Factor Index. It was launched on Nov 8, 2017. Both IWFQ.L and JQUA 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: IWFQ.L or JQUA.
Key characteristics
| IWFQ.L | JQUA | |
|---|---|---|
| YTD Return | 13.08% | 17.48% |
| 1Y Return | 19.81% | 27.09% |
| 3Y Return (Ann) | 9.23% | 11.34% |
| 5Y Return (Ann) | 11.76% | 15.31% |
| Sharpe Ratio | 1.78 | 2.13 |
| Daily Std Dev | 11.33% | 11.84% |
| Max Drawdown | -23.91% | -32.92% |
| Current Drawdown | -2.71% | 0.00% |
Correlation
The correlation between IWFQ.L and JQUA is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IWFQ.L vs. JQUA - Performance Comparison
In the year-to-date period, IWFQ.L achieves a 13.08% return, which is significantly lower than JQUA's 17.48% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IWFQ.L vs. JQUA - Expense Ratio Comparison
IWFQ.L has a 0.30% expense ratio, which is higher than JQUA's 0.12% expense ratio.
Risk-Adjusted Performance
IWFQ.L vs. JQUA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Quality Factor UCITS (IWFQ.L) and JPMorgan U.S. Quality Factor ETF (JQUA). 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
IWFQ.L vs. JQUA - Dividend Comparison
IWFQ.L has not paid dividends to shareholders, while JQUA's dividend yield for the trailing twelve months is around 1.15%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
IWFQ.L iShares MSCI World Quality Factor UCITS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JQUA JPMorgan U.S. Quality Factor ETF | 1.15% | 1.22% | 1.60% | 1.32% | 1.44% | 1.67% | 2.10% | 0.40% |
Drawdowns
IWFQ.L vs. JQUA - Drawdown Comparison
The maximum IWFQ.L drawdown since its inception was -23.91%, smaller than the maximum JQUA drawdown of -32.92%. Use the drawdown chart below to compare losses from any high point for IWFQ.L and JQUA. For additional features, visit the drawdowns tool.
Volatility
IWFQ.L vs. JQUA - Volatility Comparison
iShares MSCI World Quality Factor UCITS (IWFQ.L) has a higher volatility of 3.88% compared to JPMorgan U.S. Quality Factor ETF (JQUA) at 3.50%. This indicates that IWFQ.L's price experiences larger fluctuations and is considered to be riskier than JQUA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.