JGRO vs. QTUM

Last updated Aug 5, 2026

JGRO (JPMorgan Active Growth ETF) and QTUM (Defiance Quantum ETF) are both exchange-traded funds - JGRO is a Large Cap Growth Equities fund actively managed by JPMorgan, while QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index. JGRO is actively managed, while QTUM is passively managed. Over the past 3 years, JGRO returned 19.92%/yr vs 45.13%/yr for QTUM. Their correlation of 0.83 means they have usually moved in the same direction. JGRO charges 0.44%/yr vs 0.40%/yr for QTUM.

Performance

JGRO vs. QTUM - Performance Comparison

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

Returns By Period

In the year-to-date period, JGRO achieves a 3.38% return, which is significantly lower than QTUM's 39.98% return.

JGRO

• 1D: 2.76%
• 1M: 1.09%
• 6M: 6.42%
• YTD: 3.38%
• 1Y: 8.79%
• 3Y*: 19.92%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.12%

QTUM

• 1D: 4.76%
• 1M: -1.34%
• 6M: 33.55%
• YTD: 39.98%
• 1Y: 67.42%
• 3Y*: 45.13%
• 5Y*: 26.07%
• 10Y*: —
• ALL TIME*: 26.85%

*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	$81.20M	$58.99M	$60.97M
QTUM Defiance Quantum ETF	$57.76M	$58.83M	$111.27M

JGRO vs. QTUM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JGRO JPMorgan Active Growth ETF	3.38%	14.71%	32.77%	37.74%	-10.43%
QTUM Defiance Quantum ETF	39.98%	36.65%	50.54%	39.86%	-11.50%

Correlation

The correlation between JGRO and QTUM is 0.84, 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.	0.84
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022	0.83

The correlation between JGRO and QTUM has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.

JGRO vs. QTUM - Sectors Allocation Comparison

Sectors	JGRO	QTUM
Technology	49.6%	81.4%
Communication Services	13.5%	6.6%
Industrials	8.9%	8.9%
Healthcare	8.3%	1.2%
Consumer Cyclical	5.3%	2.0%
Financial Services	4.8%	0.0%
Consumer Defensive	3.2%	-
Energy	1.8%	-
Utilities	0.9%	-
Basic Materials	0.4%	-
Real Estate	0.3%	-

Return for Risk

JGRO vs. QTUM — Risk / Return Rank

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

JGRO

JGRO Risk / Return Rank: 20
JGRO Sharpe Ratio Rank: 21
JGRO Sortino Ratio Rank: 20
JGRO Omega Ratio Rank: 20
JGRO Calmar Ratio Rank: 19
JGRO Martin Ratio Rank: 20

QTUM

QTUM Risk / Return Rank: 77
QTUM Sharpe Ratio Rank: 83
QTUM Sortino Ratio Rank: 74
QTUM Omega Ratio Rank: 73
QTUM Calmar Ratio Rank: 79
QTUM Martin Ratio Rank: 79

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. QTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Growth ETF (JGRO) and Defiance Quantum ETF (QTUM). 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	QTUM	Difference
Sharpe ratio: Return per unit of total volatility	0.48	2.12	-1.63
Sortino ratio: Return per unit of downside risk	0.80	2.67	-1.87
Omega ratio: Gain probability vs. loss probability	1.10	1.34	-0.24
Calmar ratio: Return relative to maximum drawdown	0.54	3.15	-2.61
Martin ratio: Return relative to average drawdown	1.51	11.36	-9.85

JGRO vs. QTUM - Sharpe Ratio Comparison

The current JGRO Sharpe Ratio is 0.48, which is lower than the QTUM Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of JGRO and QTUM, 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. QTUM - Drawdown Comparison

The maximum JGRO drawdown since its inception was -22.70%, smaller than the maximum QTUM drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for JGRO and QTUM.

Drawdown Indicators

	JGRO	QTUM	Difference
Max Drawdown Largest peak-to-trough decline	-22.70%	-38.45%	+15.75%
Max Drawdown (1Y) Largest decline over 1 year	-16.44%	-21.51%	+5.07%
Max Drawdown (3Y) Largest decline over 3 years	-22.70%	-25.39%	+2.69%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.45%	—
Current Drawdown Current decline from peak	-3.58%	-9.22%	+5.64%
Average Drawdown Average peak-to-trough decline	-4.84%	-8.27%	+3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.84%	5.95%	-0.11%

Volatility

JGRO vs. QTUM - Volatility Comparison

The current volatility for JPMorgan Active Growth ETF (JGRO) is 7.80%, while Defiance Quantum ETF (QTUM) has a volatility of 12.56%. This indicates that JGRO experiences smaller price fluctuations and is considered to be less risky than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JGRO	QTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.80%	12.56%	-4.76%
Volatility (6M) Calculated over the trailing 6-month period	14.92%	26.87%	-11.95%
Volatility (1Y) Calculated over the trailing 1-year period	18.32%	32.04%	-13.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.21%	27.81%	-7.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.21%	27.75%	-7.54%

JGRO vs. QTUM - Expense Ratio Comparison

JGRO has a 0.44% expense ratio, which is higher than QTUM's 0.40% expense ratio.

Dividends

JGRO vs. QTUM - Dividend Comparison

JGRO's dividend yield for the trailing twelve months is around 0.15%, less than QTUM's 0.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JGRO JPMorgan Active Growth ETF	0.15%	0.16%	0.10%	0.17%	0.16%	0.00%	0.00%	0.00%	0.00%
QTUM Defiance Quantum ETF	0.77%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%

Frequently Asked Questions

Can I hold both JGRO and QTUM in my portfolio?

JGRO and QTUM have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JGRO or QTUM?

QTUM has higher volatility (12.56%) compared to JGRO (7.80%). In terms of maximum drawdown, JGRO dropped -22.70% vs QTUM's -38.45%.

Which ETF is better, JGRO or QTUM?

On 3-year performance, QTUM leads with 45.13% vs 19.92% for JGRO. On fees, QTUM is cheaper at 0.40% per year. On volatility, JGRO has been the lower-risk option at 7.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JGRO or QTUM?

Over the 3-year period, QTUM has performed better with a 45.13% return vs 19.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JGRO or QTUM?

QTUM is cheaper with a 0.40% expense ratio, compared with 0.44% for JGRO.

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

QTUM has the higher dividend yield at 0.77%, compared with 0.15% for JGRO.

What is the main difference between JGRO and QTUM?

JGRO is categorized as Large Cap Growth Equities, while QTUM is Technology Equities. They also come from different issuers: JPMorgan and Defiance. Their fees differ too: 0.44% for JGRO and 0.40% for QTUM.

Which has better risk-adjusted returns?

QTUM currently has the higher Sharpe Ratio (2.12 vs 0.48), 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.