JDOC vs. EDOC
JDOC (Jpmorgan Healthcare Leaders ETF) and EDOC (Global X Telemedicine & Digital Health ETF) are both Health & Biotech Equities funds. JDOC is actively managed, while EDOC is passively managed. Over the past year, JDOC returned 11.16% vs -20.75% for EDOC. A 0.52 correlation means they provide meaningful diversification when combined. JDOC charges 0.65%/yr vs 0.68%/yr for EDOC.
Performance
JDOC vs. EDOC - Performance Comparison
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Returns By Period
In the year-to-date period, JDOC achieves a -4.97% return, which is significantly higher than EDOC's -14.58% return.
JDOC
- 1D
- -1.50%
- 1M
- -0.33%
- YTD
- -4.97%
- 6M
- -4.65%
- 1Y
- 11.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EDOC
- 1D
- -2.31%
- 1M
- -1.49%
- YTD
- -14.58%
- 6M
- -19.25%
- 1Y
- -20.75%
- 3Y*
- -10.11%
- 5Y*
- -14.38%
- 10Y*
- —
JDOC vs. EDOC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JDOC Jpmorgan Healthcare Leaders ETF | -4.97% | 15.36% | -1.04% | 10.71% |
EDOC Global X Telemedicine & Digital Health ETF | -14.58% | -0.62% | -2.87% | 22.52% |
Correlation
The correlation between JDOC and EDOC is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2023 | 0.52 |
The correlation between JDOC and EDOC has been stable across timeframes, ranging from 0.52 to 0.55 - a consistent structural relationship.
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Return for Risk
JDOC vs. EDOC — Risk / Return Rank
JDOC
EDOC
JDOC vs. EDOC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Healthcare Leaders ETF (JDOC) and Global X Telemedicine & Digital Health ETF (EDOC). 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.
| JDOC | EDOC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | -0.95 | +1.75 |
Sortino ratioReturn per unit of downside risk | 1.26 | -1.30 | +2.57 |
Omega ratioGain probability vs. loss probability | 1.15 | 0.86 | +0.29 |
Calmar ratioReturn relative to maximum drawdown | 1.25 | -0.66 | +1.91 |
Martin ratioReturn relative to average drawdown | 3.30 | -1.34 | +4.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JDOC | EDOC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | -0.95 | +1.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | -0.39 | +0.91 |
Drawdowns
JDOC vs. EDOC - Drawdown Comparison
The maximum JDOC drawdown since its inception was -20.87%, smaller than the maximum EDOC drawdown of -65.76%. Use the drawdown chart below to compare losses from any high point for JDOC and EDOC.
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Drawdown Indicators
| JDOC | EDOC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.87% | -65.76% | +44.89% |
Max Drawdown (1Y)Largest decline over 1 year | -9.68% | -30.71% | +21.03% |
Max Drawdown (3Y)Largest decline over 3 years | — | -35.78% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -60.36% | — |
Current DrawdownCurrent decline from peak | -7.94% | -63.12% | +55.18% |
Average DrawdownAverage peak-to-trough decline | -6.98% | -43.01% | +36.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.68% | 15.04% | -11.36% |
Volatility
JDOC vs. EDOC - Volatility Comparison
The current volatility for Jpmorgan Healthcare Leaders ETF (JDOC) is 3.93%, while Global X Telemedicine & Digital Health ETF (EDOC) has a volatility of 5.09%. This indicates that JDOC experiences smaller price fluctuations and is considered to be less risky than EDOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JDOC | EDOC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.93% | 5.09% | -1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 10.08% | 15.71% | -5.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.10% | 21.87% | -7.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.33% | 26.36% | -12.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.33% | 26.19% | -11.86% |
JDOC vs. EDOC - Expense Ratio Comparison
JDOC has a 0.65% expense ratio, which is lower than EDOC's 0.68% expense ratio.
Dividends
JDOC vs. EDOC - Dividend Comparison
JDOC's dividend yield for the trailing twelve months is around 0.93%, more than EDOC's 0.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | 0.39% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
JDOC Jpmorgan Healthcare Leaders ETF | 0.93% | 0.89% | 5.57% | 0.15% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JDOC and EDOC have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDOC has higher volatility (5.09%) compared to JDOC (3.93%). In terms of maximum drawdown, JDOC dropped -20.87% vs EDOC's -65.76%.
On 1-year performance, JDOC leads with 11.16% vs -20.75% for EDOC. On fees, JDOC is cheaper at 0.65% per year. On volatility, JDOC has been the lower-risk option at 3.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, JDOC has performed better with a 11.16% return vs -20.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JDOC is cheaper with a 0.65% expense ratio, compared with 0.68% for EDOC.
JDOC has the higher dividend yield at 0.93%, compared with 0.39% for EDOC.
They also come from different issuers: JPMorgan and Global X. Their fees differ too: 0.65% for JDOC and 0.68% for EDOC.
JDOC currently has the higher Sharpe Ratio (0.80 vs -0.95), 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.
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