JEMA vs. VEA
Compare and contrast key facts about JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) and Vanguard FTSE Developed Markets ETF (VEA).
JEMA and VEA 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 Chase. It was launched on Mar 10, 2021. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JEMA or VEA.
Key characteristics
| JEMA | VEA | |
|---|---|---|
| YTD Return | 9.05% | 6.75% |
| 1Y Return | 16.76% | 18.19% |
| 3Y Return (Ann) | -4.75% | 1.61% |
| Sharpe Ratio | 1.09 | 1.45 |
| Sortino Ratio | 1.63 | 2.05 |
| Omega Ratio | 1.20 | 1.26 |
| Calmar Ratio | 0.60 | 1.55 |
| Martin Ratio | 5.59 | 7.92 |
| Ulcer Index | 3.19% | 2.38% |
| Daily Std Dev | 16.33% | 13.01% |
| Max Drawdown | -39.50% | -60.70% |
| Current Drawdown | -17.66% | -5.78% |
Correlation
The correlation between JEMA and VEA is 0.79, 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
JEMA vs. VEA - Performance Comparison
In the year-to-date period, JEMA achieves a 9.05% return, which is significantly higher than VEA's 6.75% 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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JEMA vs. VEA - Expense Ratio Comparison
JEMA has a 0.39% expense ratio, which is higher than VEA's 0.05% expense ratio.
Risk-Adjusted Performance
JEMA vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) and Vanguard FTSE Developed Markets ETF (VEA). 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
JEMA vs. VEA - Dividend Comparison
JEMA's dividend yield for the trailing twelve months is around 2.71%, less than VEA's 2.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF | 2.71% | 2.95% | 2.68% | 1.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEA Vanguard FTSE Developed Markets ETF | 2.99% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
JEMA vs. VEA - Drawdown Comparison
The maximum JEMA drawdown since its inception was -39.50%, smaller than the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for JEMA and VEA. For additional features, visit the drawdowns tool.
Volatility
JEMA vs. VEA - Volatility Comparison
JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) has a higher volatility of 4.85% compared to Vanguard FTSE Developed Markets ETF (VEA) at 3.69%. This indicates that JEMA's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.