JEMA vs. QAT
Compare and contrast key facts about JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) and iShares MSCI Qatar ETF (QAT).
JEMA and QAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JEMA is an actively managed fund by JPMorgan. It was launched on Mar 10, 2021. QAT is a passively managed fund by iShares that tracks the performance of the MSCI All Qatar Capped Index. It was launched on Apr 29, 2014.
Performance
JEMA vs. QAT - Performance Comparison
Loading graphics...
JEMA vs. QAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF | 6.18% | 34.89% | 5.68% | 9.82% | -24.98% | -4.78% |
QAT iShares MSCI Qatar ETF | -1.16% | 8.81% | 5.20% | 2.72% | -7.23% | 13.90% |
Returns By Period
In the year-to-date period, JEMA achieves a 6.18% return, which is significantly higher than QAT's -1.16% return.
JEMA
- 1D
- 3.81%
- 1M
- -8.75%
- YTD
- 6.18%
- 6M
- 12.69%
- 1Y
- 40.05%
- 3Y*
- 15.97%
- 5Y*
- 3.75%
- 10Y*
- —
QAT
- 1D
- 2.22%
- 1M
- -4.42%
- YTD
- -1.16%
- 6M
- -3.61%
- 1Y
- 8.10%
- 3Y*
- 5.46%
- 5Y*
- 3.59%
- 10Y*
- 3.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JEMA vs. QAT - Expense Ratio Comparison
JEMA has a 0.39% expense ratio, which is lower than QAT's 0.59% expense ratio.
Return for Risk
JEMA vs. QAT — Risk / Return Rank
JEMA
QAT
JEMA vs. QAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) and iShares MSCI Qatar ETF (QAT). 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.
| JEMA | QAT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.90 | 0.62 | +1.28 |
Sortino ratioReturn per unit of downside risk | 2.50 | 0.86 | +1.64 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.13 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 3.01 | 0.82 | +2.19 |
Martin ratioReturn relative to average drawdown | 12.02 | 1.80 | +10.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| JEMA | QAT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 0.62 | +1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.24 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.18 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.07 | +0.12 |
Correlation
The correlation between JEMA and QAT is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
JEMA vs. QAT - Dividend Comparison
JEMA's dividend yield for the trailing twelve months is around 2.76%, less than QAT's 3.55% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF | 2.76% | 2.93% | 2.44% | 2.95% | 2.69% | 1.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QAT iShares MSCI Qatar ETF | 3.55% | 3.51% | 5.90% | 3.92% | 4.78% | 2.33% | 2.63% | 3.57% | 4.63% | 4.10% | 3.51% | 4.49% |
Drawdowns
JEMA vs. QAT - Drawdown Comparison
The maximum JEMA drawdown since its inception was -39.50%, smaller than the maximum QAT drawdown of -45.21%. Use the drawdown chart below to compare losses from any high point for JEMA and QAT.
Loading graphics...
Drawdown Indicators
| JEMA | QAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.50% | -45.21% | +5.71% |
Max Drawdown (1Y)Largest decline over 1 year | -13.11% | -10.60% | -2.51% |
Max Drawdown (5Y)Largest decline over 5 years | -39.50% | -33.17% | -6.33% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.04% | — |
Current DrawdownCurrent decline from peak | -9.80% | -13.45% | +3.65% |
Average DrawdownAverage peak-to-trough decline | -17.56% | -19.29% | +1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.28% | 4.81% | -1.53% |
Volatility
JEMA vs. QAT - Volatility Comparison
JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) has a higher volatility of 11.08% compared to iShares MSCI Qatar ETF (QAT) at 5.05%. This indicates that JEMA's price experiences larger fluctuations and is considered to be riskier than QAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| JEMA | QAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.08% | 5.05% | +6.03% |
Volatility (6M)Calculated over the trailing 6-month period | 15.52% | 9.07% | +6.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.20% | 13.22% | +7.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.54% | 14.84% | +3.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.55% | 17.60% | +0.95% |