Correlation
The correlation between JCTR and ONEO is 0.89, 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.
JCTR vs. ONEO
Compare and contrast key facts about JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and SPDR Russell 1000 Momentum Focus ETF (ONEO).
JCTR and ONEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JCTR is a passively managed fund by JPMorgan Chase that tracks the performance of the JPMorgan Asset Management Carbon Transition U.S. Equity Index. It was launched on Dec 9, 2020. ONEO is a passively managed fund by State Street that tracks the performance of the Russell 1000 Momentum Focused Factor Index. It was launched on Dec 2, 2015. Both JCTR and ONEO 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: JCTR or ONEO.
Performance
JCTR vs. ONEO - Performance Comparison
Loading data...
Key characteristics
JCTR:
0.73
ONEO:
0.55
JCTR:
1.04
ONEO:
0.85
JCTR:
1.15
ONEO:
1.11
JCTR:
0.68
ONEO:
0.49
JCTR:
2.54
ONEO:
1.62
JCTR:
5.24%
ONEO:
5.92%
JCTR:
20.41%
ONEO:
18.85%
JCTR:
-24.76%
ONEO:
-40.86%
JCTR:
-4.00%
ONEO:
-5.99%
Returns By Period
In the year-to-date period, JCTR achieves a 0.62% return, which is significantly lower than ONEO's 1.40% return.
JCTR
0.62%
6.01%
-1.94%
14.80%
14.62%
N/A
N/A
ONEO
1.40%
5.16%
-5.80%
10.32%
9.74%
13.79%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JCTR vs. ONEO - Expense Ratio Comparison
JCTR has a 0.15% expense ratio, which is lower than ONEO's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
JCTR vs. ONEO — Risk-Adjusted Performance Rank
JCTR
ONEO
JCTR vs. ONEO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and SPDR Russell 1000 Momentum Focus ETF (ONEO). 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.
Loading data...
Dividends
JCTR vs. ONEO - Dividend Comparison
JCTR's dividend yield for the trailing twelve months is around 1.06%, less than ONEO's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JCTR JPMorgan Carbon Transition U.S. Equity ETF | 1.06% | 1.04% | 1.88% | 1.52% | 1.13% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ONEO SPDR Russell 1000 Momentum Focus ETF | 1.36% | 1.30% | 1.56% | 1.74% | 1.19% | 1.28% | 1.63% | 1.72% | 7.69% | 1.82% | 0.10% |
Drawdowns
JCTR vs. ONEO - Drawdown Comparison
The maximum JCTR drawdown since its inception was -24.76%, smaller than the maximum ONEO drawdown of -40.86%. Use the drawdown chart below to compare losses from any high point for JCTR and ONEO.
Loading data...
Volatility
JCTR vs. ONEO - Volatility Comparison
JPMorgan Carbon Transition U.S. Equity ETF (JCTR) has a higher volatility of 4.67% compared to SPDR Russell 1000 Momentum Focus ETF (ONEO) at 4.36%. This indicates that JCTR's price experiences larger fluctuations and is considered to be riskier than ONEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...