Correlation
The correlation between JCTR and USCL is 0.98, 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. USCL
Compare and contrast key facts about JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and Ishares Climate Conscious & Transition MSCI USA ETF (USCL).
JCTR and USCL 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. USCL is a passively managed fund by iShares that tracks the performance of the MSCI USA Extended Climate Action Index - Benchmark TR Gross. It was launched on Jun 6, 2023. Both JCTR and USCL 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 USCL.
Performance
JCTR vs. USCL - Performance Comparison
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Key characteristics
JCTR:
0.73
USCL:
0.77
JCTR:
1.04
USCL:
1.07
JCTR:
1.15
USCL:
1.16
JCTR:
0.68
USCL:
0.69
JCTR:
2.54
USCL:
2.51
JCTR:
5.24%
USCL:
5.21%
JCTR:
20.41%
USCL:
19.37%
JCTR:
-24.76%
USCL:
-18.99%
JCTR:
-4.00%
USCL:
-4.56%
Returns By Period
In the year-to-date period, JCTR achieves a 0.62% return, which is significantly higher than USCL's 0.36% return.
JCTR
0.62%
5.46%
-1.94%
14.14%
14.62%
N/A
N/A
USCL
0.36%
5.40%
-2.09%
14.55%
N/A
N/A
N/A
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JCTR vs. USCL - Expense Ratio Comparison
JCTR has a 0.15% expense ratio, which is higher than USCL's 0.08% expense ratio. However, 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. USCL — Risk-Adjusted Performance Rank
JCTR
USCL
JCTR vs. USCL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and Ishares Climate Conscious & Transition MSCI USA ETF (USCL). 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.
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Dividends
JCTR vs. USCL - Dividend Comparison
JCTR's dividend yield for the trailing twelve months is around 1.06%, less than USCL's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
JCTR JPMorgan Carbon Transition U.S. Equity ETF | 1.06% | 1.04% | 1.88% | 1.52% | 1.13% | 0.13% |
USCL Ishares Climate Conscious & Transition MSCI USA ETF | 1.22% | 1.19% | 0.85% | 0.00% | 0.00% | 0.00% |
Drawdowns
JCTR vs. USCL - Drawdown Comparison
The maximum JCTR drawdown since its inception was -24.76%, which is greater than USCL's maximum drawdown of -18.99%. Use the drawdown chart below to compare losses from any high point for JCTR and USCL.
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Volatility
JCTR vs. USCL - Volatility Comparison
JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and Ishares Climate Conscious & Transition MSCI USA ETF (USCL) have volatilities of 4.67% and 4.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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