JGRO vs. JTEK

Last updated Aug 2, 2026

JGRO (JPMorgan Active Growth ETF) and JTEK (JPMorgan U.S. Tech Leaders ETF) are both exchange-traded funds - JGRO is a Large Cap Growth Equities fund actively managed by JPMorgan, while JTEK is a Technology Equities fund actively managed by JPMorgan. Both are actively managed. Over the past year, JGRO returned 5.96% vs 14.49% for JTEK. Their correlation of 0.92 means they have usually moved in the same direction. JGRO charges 0.44%/yr vs 0.65%/yr for JTEK.

Performance

JGRO vs. JTEK - Performance Comparison

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

Returns By Period

In the year-to-date period, JGRO achieves a -1.21% return, which is significantly lower than JTEK's 4.84% return.

JGRO

• 1D: 0.61%
• 1M: -3.40%
• 6M: 0.45%
• YTD: -1.21%
• 1Y: 5.96%
• 3Y*: 17.03%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.84%

JTEK

• 1D: 0.62%
• 1M: -8.88%
• 6M: 7.25%
• YTD: 4.84%
• 1Y: 14.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 25.56%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JGRO JPMorgan Active Growth ETF	$76.93M	$57.09M	$59.50M
JTEK JPMorgan U.S. Tech Leaders ETF	$29.81M	$34.23M	$31.22M

JGRO vs. JTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JGRO JPMorgan Active Growth ETF	-1.21%	14.71%	32.77%	13.62%
JTEK JPMorgan U.S. Tech Leaders ETF	4.84%	19.03%	28.69%	18.31%

Correlation

The correlation between JGRO and JTEK is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (All Time) Calculated using the full available price history since Oct 5, 2023	0.92

The correlation between JGRO and JTEK has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

JGRO vs. JTEK - Sectors Allocation Comparison

Sectors	JGRO	JTEK
Technology	49.6%	74.6%
Communication Services	13.5%	10.9%
Industrials	8.9%	3.5%
Healthcare	8.3%	1.6%
Consumer Cyclical	5.3%	4.8%
Financial Services	4.8%	4.6%
Consumer Defensive	3.2%	0.7%
Energy	1.8%	0.2%
Utilities	0.9%	-
Basic Materials	0.4%	-
Real Estate	0.3%	1.0%

Return for Risk

JGRO vs. JTEK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JGRO

JGRO Risk / Return Rank: 15
JGRO Sharpe Ratio Rank: 16
JGRO Sortino Ratio Rank: 15
JGRO Omega Ratio Rank: 15
JGRO Calmar Ratio Rank: 15
JGRO Martin Ratio Rank: 15

JTEK

JTEK Risk / Return Rank: 20
JTEK Sharpe Ratio Rank: 20
JTEK Sortino Ratio Rank: 20
JTEK Omega Ratio Rank: 20
JTEK Calmar Ratio Rank: 20
JTEK Martin Ratio Rank: 21

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JGRO vs. JTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Growth ETF (JGRO) and JPMorgan U.S. Tech Leaders ETF (JTEK). 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	JTEK	Difference
Sharpe ratio: Return per unit of total volatility	0.22	0.39	-0.17
Sortino ratio: Return per unit of downside risk	0.43	0.72	-0.29
Omega ratio: Gain probability vs. loss probability	1.05	1.09	-0.03
Calmar ratio: Return relative to maximum drawdown	0.24	0.52	-0.28
Martin ratio: Return relative to average drawdown	0.68	1.36	-0.68

JGRO vs. JTEK - Sharpe Ratio Comparison

The current JGRO Sharpe Ratio is 0.22, which is lower than the JTEK Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of JGRO and JTEK, 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. JTEK - Drawdown Comparison

The maximum JGRO drawdown since its inception was -22.70%, smaller than the maximum JTEK drawdown of -30.61%. Use the drawdown chart below to compare losses from any high point for JGRO and JTEK.

Drawdown Indicators

	JGRO	JTEK	Difference
Max Drawdown Largest peak-to-trough decline	-22.70%	-30.61%	+7.91%
Max Drawdown (1Y) Largest decline over 1 year	-16.44%	-22.02%	+5.58%
Max Drawdown (3Y) Largest decline over 3 years	-22.70%	—	—
Current Drawdown Current decline from peak	-7.86%	-15.35%	+7.49%
Average Drawdown Average peak-to-trough decline	-4.84%	-5.72%	+0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.82%	8.40%	-2.58%

Volatility

JGRO vs. JTEK - Volatility Comparison

The current volatility for JPMorgan Active Growth ETF (JGRO) is 7.43%, while JPMorgan U.S. Tech Leaders ETF (JTEK) has a volatility of 11.19%. This indicates that JGRO experiences smaller price fluctuations and is considered to be less risky than JTEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JGRO	JTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.43%	11.19%	-3.76%
Volatility (6M) Calculated over the trailing 6-month period	14.59%	24.61%	-10.02%
Volatility (1Y) Calculated over the trailing 1-year period	18.13%	29.35%	-11.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.17%	28.53%	-8.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.17%	28.53%	-8.36%

JGRO vs. JTEK - Expense Ratio Comparison

JGRO has a 0.44% expense ratio, which is lower than JTEK's 0.65% expense ratio.

Dividends

JGRO vs. JTEK - Dividend Comparison

JGRO's dividend yield for the trailing twelve months is around 0.16%, while JTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
JGRO JPMorgan Active Growth ETF	0.16%	0.16%	0.10%	0.17%	0.16%
JTEK JPMorgan U.S. Tech Leaders ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JGRO and JTEK in my portfolio?

With a correlation of 0.91, JGRO and JTEK 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 JTEK?

JTEK has higher volatility (11.19%) compared to JGRO (7.43%). In terms of maximum drawdown, JGRO dropped -22.70% vs JTEK's -30.61%.

Which ETF is better, JGRO or JTEK?

On 1-year performance, JTEK leads with 14.49% vs 5.96% for JGRO. On fees, JGRO is cheaper at 0.44% per year. On volatility, JGRO has been the lower-risk option at 7.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JGRO or JTEK?

Over the 1-year period, JTEK has performed better with a 14.49% return vs 5.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JGRO or JTEK?

JGRO is cheaper with a 0.44% expense ratio, compared with 0.65% for JTEK.

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

JGRO has the higher dividend yield at 0.16%, compared with 0.00% for JTEK.

What is the main difference between JGRO and JTEK?

JGRO is categorized as Large Cap Growth Equities, while JTEK is Technology Equities. Their fees differ too: 0.44% for JGRO and 0.65% for JTEK.

Which has better risk-adjusted returns?

JTEK currently has the higher Sharpe Ratio (0.39 vs 0.22), 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.