JGRO vs. DYNF

Last updated Jun 25, 2026

JGRO (JPMorgan Active Growth ETF) and DYNF (iShares U.S. Equity Factor Rotation Active ETF) are both exchange-traded funds - JGRO is a Large Cap Growth Equities fund actively managed by JPMorgan, while DYNF is a Large Cap Blend Equities fund actively managed by iShares. Both are actively managed. Over the past 3 years, JGRO returned 20.38%/yr vs 25.10%/yr for DYNF. With a 0.95 correlation, they move nearly in lockstep. JGRO charges 0.44%/yr vs 0.26%/yr for DYNF.

Performance

JGRO vs. DYNF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Active Growth ETF (JGRO) and iShares U.S. Equity Factor Rotation Active ETF (DYNF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JGRO achieves a 2.28% return, which is significantly lower than DYNF's 9.79% return.

JGRO

• 1D: -0.21%
• 1M: -2.35%
• YTD: 2.28%
• 6M: 0.59%
• 1Y: 13.16%
• 3Y*: 20.38%
• 5Y*: —
• 10Y*: —

DYNF

• 1D: -0.23%
• 1M: -0.10%
• YTD: 9.79%
• 6M: 8.26%
• 1Y: 25.82%
• 3Y*: 25.10%
• 5Y*: 14.53%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JGRO vs. DYNF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JGRO JPMorgan Active Growth ETF	2.28%	14.71%	32.77%	37.74%	-10.43%
DYNF iShares U.S. Equity Factor Rotation Active ETF	9.79%	20.00%	30.29%	36.25%	-6.08%

Correlation

The correlation between JGRO and DYNF is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022	0.95

The correlation between JGRO and DYNF has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.

JGRO vs. DYNF - Sectors Allocation Comparison

Sectors	JGRO	DYNF
Technology	47.2%	40.5%
Communication Services	12.8%	10.3%
Consumer Cyclical	10.8%	7.0%
Healthcare	9.9%	5.8%
Industrials	8.7%	9.5%
Financial Services	4.8%	14.9%
Consumer Defensive	3.7%	1.7%
Energy	1.6%	4.5%
Basic Materials	0.3%	0.8%
Real Estate	0.2%	1.9%
Utilities	0.1%	2.8%

Return for Risk

JGRO vs. DYNF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JGRO

JGRO Risk / Return Rank: 22
JGRO Sharpe Ratio Rank: 25
JGRO Sortino Ratio Rank: 23
JGRO Omega Ratio Rank: 23
JGRO Calmar Ratio Rank: 20
JGRO Martin Ratio Rank: 21

DYNF

DYNF Risk / Return Rank: 69
DYNF Sharpe Ratio Rank: 68
DYNF Sortino Ratio Rank: 65
DYNF Omega Ratio Rank: 66
DYNF Calmar Ratio Rank: 66
DYNF Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JGRO vs. DYNF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Growth ETF (JGRO) and iShares U.S. Equity Factor Rotation Active ETF (DYNF). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JGRO	DYNF	Difference
Sharpe ratio: Return per unit of total volatility	0.81	1.97	-1.16
Sortino ratio: Return per unit of downside risk	1.19	2.68	-1.49
Omega ratio: Gain probability vs. loss probability	1.15	1.35	-0.20
Calmar ratio: Return relative to maximum drawdown	0.80	2.99	-2.19
Martin ratio: Return relative to average drawdown	2.39	13.96	-11.56

JGRO vs. DYNF - Sharpe Ratio Comparison

The current JGRO Sharpe Ratio is 0.81, which is lower than the DYNF Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of JGRO and DYNF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JGRO vs. DYNF - Drawdown Comparison

The maximum JGRO drawdown since its inception was -22.70%, smaller than the maximum DYNF drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for JGRO and DYNF.

Drawdown Indicators

	JGRO	DYNF	Difference
Max Drawdown Largest peak-to-trough decline	-22.70%	-34.72%	+12.02%
Max Drawdown (1Y) Largest decline over 1 year	-16.44%	-8.67%	-7.77%
Max Drawdown (3Y) Largest decline over 3 years	-22.70%	-18.70%	-4.00%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.65%	—
Current Drawdown Current decline from peak	-4.60%	-2.19%	-2.41%
Average Drawdown Average peak-to-trough decline	-4.83%	-5.94%	+1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.52%	1.85%	+3.67%

Volatility

JGRO vs. DYNF - Volatility Comparison

JPMorgan Active Growth ETF (JGRO) has a higher volatility of 6.40% compared to iShares U.S. Equity Factor Rotation Active ETF (DYNF) at 5.38%. This indicates that JGRO's price experiences larger fluctuations and is considered to be riskier than DYNF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JGRO	DYNF	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.40%	5.38%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	12.53%	10.61%	+1.92%
Volatility (1Y) Calculated over the trailing 1-year period	16.39%	13.21%	+3.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.98%	17.61%	+2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.98%	19.91%	+0.07%

JGRO vs. DYNF - Expense Ratio Comparison

JGRO has a 0.44% expense ratio, which is higher than DYNF's 0.26% expense ratio.

Dividends

JGRO vs. DYNF - Dividend Comparison

JGRO's dividend yield for the trailing twelve months is around 0.15%, less than DYNF's 0.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DYNF iShares U.S. Equity Factor Rotation Active ETF	0.81%	1.01%	0.65%	1.11%	1.66%	2.89%	1.52%	1.22%
JGRO JPMorgan Active Growth ETF	0.15%	0.16%	0.10%	0.17%	0.16%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JGRO and DYNF in my portfolio?

With a correlation of 0.94, JGRO and DYNF move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JGRO or DYNF?

JGRO has higher volatility (6.40%) compared to DYNF (5.38%). In terms of maximum drawdown, JGRO dropped -22.70% vs DYNF's -34.72%.

Which ETF is better, JGRO or DYNF?

On 3-year performance, DYNF leads with 25.10% vs 20.38% for JGRO. On fees, DYNF is cheaper at 0.26% per year. On volatility, DYNF has been the lower-risk option at 5.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JGRO or DYNF?

Over the 3-year period, DYNF has performed better with a 25.10% return vs 20.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JGRO or DYNF?

DYNF is cheaper with a 0.26% expense ratio, compared with 0.44% for JGRO.

Which ETF pays a higher dividend yield, JGRO or DYNF?

DYNF has the higher dividend yield at 0.81%, compared with 0.15% for JGRO.

What is the main difference between JGRO and DYNF?

JGRO is categorized as Large Cap Growth Equities, while DYNF is Large Cap Blend Equities. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.44% for JGRO and 0.26% for DYNF.

Which has better risk-adjusted returns?

DYNF currently has the higher Sharpe Ratio (1.97 vs 0.81), 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.