JAVA vs. AVLV
Compare and contrast key facts about JPMorgan Active Value ETF (JAVA) and Avantis U.S. Large Cap Value ETF (AVLV).
JAVA and AVLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JAVA is an actively managed fund by JPMorgan. It was launched on Oct 4, 2021. AVLV is a passively managed fund by American Century Investments that tracks the performance of the Russell 1000 Value Index. It was launched on Sep 21, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JAVA or AVLV.
Key characteristics
| JAVA | AVLV | |
|---|---|---|
| YTD Return | 14.50% | 12.82% |
| 1Y Return | 20.80% | 21.51% |
| Sharpe Ratio | 1.86 | 1.66 |
| Daily Std Dev | 11.22% | 13.01% |
| Max Drawdown | -98.90% | -19.34% |
| Current Drawdown | -74.36% | -1.43% |
Correlation
The correlation between JAVA and AVLV is 0.94, 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.
Performance
JAVA vs. AVLV - Performance Comparison
In the year-to-date period, JAVA achieves a 14.50% return, which is significantly higher than AVLV's 12.82% 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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JAVA vs. AVLV - Expense Ratio Comparison
JAVA has a 0.44% expense ratio, which is higher than AVLV's 0.15% expense ratio.
Risk-Adjusted Performance
JAVA vs. AVLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Value ETF (JAVA) and Avantis U.S. Large Cap Value ETF (AVLV). 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
JAVA vs. AVLV - Dividend Comparison
JAVA's dividend yield for the trailing twelve months is around 1.47%, less than AVLV's 1.57% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
JAVA JPMorgan Active Value ETF | 1.13% | 1.65% | 1.25% | 0.48% |
AVLV Avantis U.S. Large Cap Value ETF | 1.57% | 1.85% | 2.00% | 0.29% |
Drawdowns
JAVA vs. AVLV - Drawdown Comparison
The maximum JAVA drawdown since its inception was -98.90%, which is greater than AVLV's maximum drawdown of -19.34%. Use the drawdown chart below to compare losses from any high point for JAVA and AVLV. For additional features, visit the drawdowns tool.
Volatility
JAVA vs. AVLV - Volatility Comparison
The current volatility for JPMorgan Active Value ETF (JAVA) is 2.89%, while Avantis U.S. Large Cap Value ETF (AVLV) has a volatility of 4.11%. This indicates that JAVA experiences smaller price fluctuations and is considered to be less risky than AVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.