JAVA vs. CGDV
Compare and contrast key facts about JPMorgan Active Value ETF (JAVA) and Capital Group Dividend Value ETF (CGDV).
JAVA and CGDV 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. CGDV is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JAVA or CGDV.
Key characteristics
| JAVA | CGDV | |
|---|---|---|
| YTD Return | 14.50% | 20.78% |
| 1Y Return | 20.80% | 33.19% |
| Sharpe Ratio | 1.86 | 2.80 |
| Daily Std Dev | 11.22% | 11.96% |
| Max Drawdown | -98.90% | -21.82% |
| Current Drawdown | -74.36% | 0.00% |
Correlation
The correlation between JAVA and CGDV 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.
Performance
JAVA vs. CGDV - Performance Comparison
In the year-to-date period, JAVA achieves a 14.50% return, which is significantly lower than CGDV's 20.78% 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. CGDV - Expense Ratio Comparison
JAVA has a 0.44% expense ratio, which is higher than CGDV's 0.33% expense ratio.
Risk-Adjusted Performance
JAVA vs. CGDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Value ETF (JAVA) and Capital Group Dividend Value ETF (CGDV). 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. CGDV - Dividend Comparison
JAVA's dividend yield for the trailing twelve months is around 1.47%, more than CGDV's 1.43% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
JAVA JPMorgan Active Value ETF | 1.13% | 1.65% | 1.25% | 0.48% |
CGDV Capital Group Dividend Value ETF | 1.43% | 1.65% | 1.36% | 0.00% |
Drawdowns
JAVA vs. CGDV - Drawdown Comparison
The maximum JAVA drawdown since its inception was -98.90%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for JAVA and CGDV. For additional features, visit the drawdowns tool.
Volatility
JAVA vs. CGDV - Volatility Comparison
The current volatility for JPMorgan Active Value ETF (JAVA) is 2.89%, while Capital Group Dividend Value ETF (CGDV) has a volatility of 3.40%. This indicates that JAVA experiences smaller price fluctuations and is considered to be less risky than CGDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.