JGLO vs. ACWI
Compare and contrast key facts about Jpmorgan Global Select Equity ETF (JGLO) and iShares MSCI ACWI ETF (ACWI).
JGLO and ACWI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JGLO is an actively managed fund by JPMorgan. It was launched on Sep 13, 2023. ACWI is a passively managed fund by iShares that tracks the performance of the MSCI All Country World Index. It was launched on Mar 26, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JGLO or ACWI.
Key characteristics
| JGLO | ACWI | |
|---|---|---|
| YTD Return | 16.61% | 15.10% |
| 1Y Return | 27.79% | 23.81% |
| Sharpe Ratio | 2.26 | 1.93 |
| Daily Std Dev | 12.20% | 12.19% |
| Max Drawdown | -7.96% | -56.00% |
| Current Drawdown | -1.53% | -0.70% |
Correlation
The correlation between JGLO and ACWI is 0.95, 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
JGLO vs. ACWI - Performance Comparison
In the year-to-date period, JGLO achieves a 16.61% return, which is significantly higher than ACWI's 15.10% 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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JGLO vs. ACWI - Expense Ratio Comparison
JGLO has a 0.47% expense ratio, which is higher than ACWI's 0.32% expense ratio.
Risk-Adjusted Performance
JGLO vs. ACWI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Global Select Equity ETF (JGLO) and iShares MSCI ACWI ETF (ACWI). 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
JGLO vs. ACWI - Dividend Comparison
JGLO's dividend yield for the trailing twelve months is around 0.28%, less than ACWI's 1.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JGLO Jpmorgan Global Select Equity ETF | 0.28% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ACWI iShares MSCI ACWI ETF | 1.63% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.25% | 1.94% | 2.19% | 2.56% | 2.26% | 1.89% |
Drawdowns
JGLO vs. ACWI - Drawdown Comparison
The maximum JGLO drawdown since its inception was -7.96%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for JGLO and ACWI. For additional features, visit the drawdowns tool.
Volatility
JGLO vs. ACWI - Volatility Comparison
Jpmorgan Global Select Equity ETF (JGLO) and iShares MSCI ACWI ETF (ACWI) have volatilities of 3.74% and 3.78%, 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.