JAVA vs. ARTHX

Last updated Jun 3, 2026

JAVA (JPMorgan Active Value ETF) and ARTHX (Artisan Global Equity Fund) are both funds - JAVA is a Large Cap Value Equities fund actively managed by JPMorgan, while ARTHX is a Global Equities fund managed by Artisan. Over the past 3 years, JAVA returned 16.43%/yr vs 29.01%/yr for ARTHX. A 0.70 correlation means they provide meaningful diversification when combined. JAVA charges 0.44%/yr vs 1.28%/yr for ARTHX.

Performance

JAVA vs. ARTHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Active Value ETF (JAVA) and Artisan Global Equity Fund (ARTHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JAVA achieves a 8.72% return, which is significantly lower than ARTHX's 13.85% return.

JAVA

• 1D: 0.63%
• 1M: 2.37%
• YTD: 8.72%
• 6M: 10.60%
• 1Y: 25.09%
• 3Y*: 16.43%
• 5Y*: —
• 10Y*: —

ARTHX

• 1D: -0.59%
• 1M: 0.12%
• YTD: 13.85%
• 6M: 16.54%
• 1Y: 33.52%
• 3Y*: 29.01%
• 5Y*: 11.28%
• 10Y*: 14.26%

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

JAVA vs. ARTHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JAVA JPMorgan Active Value ETF	8.72%	14.92%	15.52%	10.46%	-0.88%	5.23%
ARTHX Artisan Global Equity Fund	13.85%	45.58%	16.80%	11.89%	-20.62%	0.26%

Correlation

The correlation between JAVA and ARTHX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (All Time) Calculated using the full available price history since Oct 6, 2021	0.70

Over the past year, the correlation between JAVA and ARTHX has dropped to 0.50 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.

Return for Risk

JAVA vs. ARTHX — Risk / Return Rank

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

JAVA

JAVA Risk / Return Rank: 65
JAVA Sharpe Ratio Rank: 67
JAVA Sortino Ratio Rank: 69
JAVA Omega Ratio Rank: 65
JAVA Calmar Ratio Rank: 60
JAVA Martin Ratio Rank: 62

ARTHX

ARTHX Risk / Return Rank: 70
ARTHX Sharpe Ratio Rank: 68
ARTHX Sortino Ratio Rank: 65
ARTHX Omega Ratio Rank: 62
ARTHX Calmar Ratio Rank: 78
ARTHX Martin Ratio Rank: 79

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.

JAVA vs. ARTHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Value ETF (JAVA) and Artisan Global Equity Fund (ARTHX). 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.

	JAVA	ARTHX	Difference
Sharpe ratio Return per unit of total volatility	2.25	2.41	-0.15
Sortino ratio Return per unit of downside risk	3.20	3.37	-0.17
Omega ratio Gain probability vs. loss probability	1.40	1.44	-0.04
Calmar ratio Return relative to maximum drawdown	3.05	3.57	-0.52
Martin ratio Return relative to average drawdown	11.29	14.85	-3.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JAVA vs. ARTHX - Sharpe Ratio Comparison

The current JAVA Sharpe Ratio is 2.25, which is comparable to the ARTHX Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of JAVA and ARTHX, 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

	JAVA	ARTHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	2.41	-0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.64	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.76	+0.03

Drawdowns

JAVA vs. ARTHX - Drawdown Comparison

The maximum JAVA drawdown since its inception was -16.54%, smaller than the maximum ARTHX drawdown of -37.42%. Use the drawdown chart below to compare losses from any high point for JAVA and ARTHX.

Drawdown Indicators

	JAVA	ARTHX	Difference
Max Drawdown Largest peak-to-trough decline	-16.54%	-37.42%	+20.88%
Max Drawdown (1Y) Largest decline over 1 year	-8.29%	-10.16%	+1.87%
Max Drawdown (3Y) Largest decline over 3 years	-16.54%	-14.06%	-2.48%
Max Drawdown (5Y) Largest decline over 5 years	—	-37.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.42%	—
Current Drawdown Current decline from peak	0.00%	-3.92%	+3.92%
Average Drawdown Average peak-to-trough decline	-3.63%	-7.14%	+3.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	2.44%	-0.20%

Volatility

JAVA vs. ARTHX - Volatility Comparison

The current volatility for JPMorgan Active Value ETF (JAVA) is 2.66%, while Artisan Global Equity Fund (ARTHX) has a volatility of 5.88%. This indicates that JAVA experiences smaller price fluctuations and is considered to be less risky than ARTHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JAVA	ARTHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	5.88%	-3.22%
Volatility (6M) Calculated over the trailing 6-month period	8.44%	12.10%	-3.66%
Volatility (1Y) Calculated over the trailing 1-year period	11.18%	15.00%	-3.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.81%	17.72%	-2.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.81%	17.65%	-2.84%

JAVA vs. ARTHX - Expense Ratio Comparison

JAVA has a 0.44% expense ratio, which is lower than ARTHX's 1.28% expense ratio.

Dividends

JAVA vs. ARTHX - Dividend Comparison

JAVA's dividend yield for the trailing twelve months is around 1.25%, less than ARTHX's 20.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARTHX Artisan Global Equity Fund	20.54%	23.39%	11.32%	0.89%	0.88%	18.02%	11.98%	8.76%	18.13%	0.66%	0.00%	2.17%
JAVA JPMorgan Active Value ETF	1.25%	1.34%	1.45%	1.65%	1.25%	0.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JAVA and ARTHX in my portfolio?

JAVA and ARTHX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JAVA or ARTHX?

ARTHX has higher volatility (5.88%) compared to JAVA (2.66%). In terms of maximum drawdown, JAVA dropped -16.54% vs ARTHX's -37.42%.

Which has better risk-adjusted returns?

ARTHX currently has the higher Sharpe Ratio (2.41 vs 2.25), 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.