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JGRO vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JGRO and QQQ is 0.94, 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

JGRO vs. QQQ - Performance Comparison

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

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Key characteristics

Sharpe Ratio

JGRO:

0.42

QQQ:

0.45

Sortino Ratio

JGRO:

0.73

QQQ:

0.81

Omega Ratio

JGRO:

1.10

QQQ:

1.11

Calmar Ratio

JGRO:

0.44

QQQ:

0.51

Martin Ratio

JGRO:

1.45

QQQ:

1.65

Ulcer Index

JGRO:

6.93%

QQQ:

6.96%

Daily Std Dev

JGRO:

24.19%

QQQ:

25.14%

Max Drawdown

JGRO:

-22.70%

QQQ:

-82.98%

Current Drawdown

JGRO:

-10.31%

QQQ:

-9.42%

Returns By Period

In the year-to-date period, JGRO achieves a -5.59% return, which is significantly lower than QQQ's -4.41% return.


JGRO

YTD

-5.59%

1M

8.97%

6M

-6.11%

1Y

9.88%

5Y*

N/A

10Y*

N/A

QQQ

YTD

-4.41%

1M

9.37%

6M

-4.80%

1Y

11.06%

5Y*

17.35%

10Y*

17.24%

*Annualized

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JGRO vs. QQQ - Expense Ratio Comparison

JGRO has a 0.44% expense ratio, which is higher than QQQ's 0.20% expense ratio.


Risk-Adjusted Performance

JGRO vs. QQQ — Risk-Adjusted Performance Rank

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

JGRO
The Risk-Adjusted Performance Rank of JGRO is 5353
Overall Rank
The Sharpe Ratio Rank of JGRO is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of JGRO is 5252
Sortino Ratio Rank
The Omega Ratio Rank of JGRO is 5252
Omega Ratio Rank
The Calmar Ratio Rank of JGRO is 5858
Calmar Ratio Rank
The Martin Ratio Rank of JGRO is 5151
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5757
Overall Rank
The Sharpe Ratio Rank of QQQ is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5757
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5757
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6262
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

JGRO vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Growth ETF (JGRO) 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.


The current JGRO Sharpe Ratio is 0.42, which is comparable to the QQQ Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of JGRO and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

JGRO vs. QQQ - Dividend Comparison

JGRO's dividend yield for the trailing twelve months is around 0.11%, less than QQQ's 0.61% yield.


TTM20242023202220212020201920182017201620152014
JGRO
JPMorgan Active Growth ETF
0.11%0.10%0.17%0.16%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.61%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

JGRO vs. QQQ - Drawdown Comparison

The maximum JGRO drawdown since its inception was -22.70%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for JGRO and QQQ. For additional features, visit the drawdowns tool.


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Volatility

JGRO vs. QQQ - Volatility Comparison

The current volatility for JPMorgan Active Growth ETF (JGRO) is 7.59%, while Invesco QQQ (QQQ) has a volatility of 8.24%. This indicates that JGRO 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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