JGRE.L vs. QQQ
Compare and contrast key facts about JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) and Invesco QQQ (QQQ).
JGRE.L and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JGRE.L is a passively managed fund by JPMorgan that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 10, 2018. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both JGRE.L and QQQ 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: JGRE.L or QQQ.
Performance
JGRE.L vs. QQQ - Performance Comparison
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Key characteristics
JGRE.L:
0.40
QQQ:
0.46
JGRE.L:
0.62
QQQ:
0.89
JGRE.L:
1.09
QQQ:
1.12
JGRE.L:
0.31
QQQ:
0.58
JGRE.L:
0.98
QQQ:
1.87
JGRE.L:
5.95%
QQQ:
7.03%
JGRE.L:
15.10%
QQQ:
25.57%
JGRE.L:
-25.31%
QQQ:
-82.98%
JGRE.L:
-4.38%
QQQ:
-0.70%
Returns By Period
In the year-to-date period, JGRE.L achieves a 0.17% return, which is significantly lower than QQQ's 8.32% return.
JGRE.L
- YTD
- 0.17%
- 1M
- 2.86%
- 6M
- -0.92%
- 1Y
- 6.12%
- 3Y*
- 13.07%
- 5Y*
- 13.32%
- 10Y*
- N/A
QQQ
- YTD
- 8.32%
- 1M
- 4.35%
- 6M
- 7.49%
- 1Y
- 11.69%
- 3Y*
- 24.01%
- 5Y*
- 16.79%
- 10Y*
- 18.68%
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JGRE.L vs. QQQ - Expense Ratio Comparison
JGRE.L has a 0.25% expense ratio, which is higher than QQQ's 0.20% 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
JGRE.L vs. QQQ — Risk-Adjusted Performance Rank
JGRE.L
QQQ
JGRE.L vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) and Invesco QQQ (QQQ). 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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Correlation
The correlation between JGRE.L and QQQ is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
JGRE.L vs. QQQ - Dividend Comparison
JGRE.L has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.51%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JGRE.L JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.51% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
JGRE.L vs. QQQ - Drawdown Comparison
The maximum JGRE.L drawdown since its inception was -25.31%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for JGRE.L and QQQ.
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Volatility
JGRE.L vs. QQQ - Volatility Comparison
The current volatility for JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) is 2.39%, while Invesco QQQ (QQQ) has a volatility of 3.62%. This indicates that JGRE.L experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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