JIRE vs. JIVE

Last updated Jun 4, 2026

JIRE (JPMorgan International Research Enhanced Equity ETF) and JIVE (Jpmorgan International Value ETF) are both Foreign Large Cap Equities funds from JPMorgan. Both are actively managed. Over the past year, JIRE returned 19.81% vs 42.79% for JIVE. Their correlation of 0.90 suggests significant overlap in exposure. JIRE charges 0.24%/yr vs 0.55%/yr for JIVE.

Performance

JIRE vs. JIVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan International Research Enhanced Equity ETF (JIRE) and Jpmorgan International Value ETF (JIVE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JIRE achieves a 7.72% return, which is significantly lower than JIVE's 15.75% return.

JIRE

• 1D: -0.82%
• 1M: 3.07%
• YTD: 7.72%
• 6M: 10.12%
• 1Y: 19.81%
• 3Y*: 16.07%
• 5Y*: —
• 10Y*: —

JIVE

• 1D: -1.02%
• 1M: 4.12%
• YTD: 15.75%
• 6M: 20.07%
• 1Y: 42.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JIRE vs. JIVE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JIRE JPMorgan International Research Enhanced Equity ETF	7.72%	31.83%	3.15%	6.25%
JIVE Jpmorgan International Value ETF	15.75%	49.80%	11.22%	5.38%

Correlation

The correlation between JIRE and JIVE is 0.92, 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	0.92
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023	0.90

The correlation between JIRE and JIVE has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

JIRE vs. JIVE - Sectors Allocation Comparison

Sectors	JIRE	JIVE
Financial Services	25.9%	33.4%
Industrials	18.8%	7.4%
Technology	11.3%	6.9%
Healthcare	10.4%	4.3%
Consumer Cyclical	8.0%	4.3%
Consumer Defensive	6.8%	3.7%
Basic Materials	5.3%	5.4%
Utilities	4.7%	1.8%
Communication Services	4.1%	2.8%
Energy	3.7%	8.9%
Real Estate	1.2%	2.3%

Return for Risk

JIRE vs. JIVE — Risk / Return Rank

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

JIRE

JIRE Risk / Return Rank: 35
JIRE Sharpe Ratio Rank: 35
JIRE Sortino Ratio Rank: 35
JIRE Omega Ratio Rank: 34
JIRE Calmar Ratio Rank: 34
JIRE Martin Ratio Rank: 38

JIVE

JIVE Risk / Return Rank: 83
JIVE Sharpe Ratio Rank: 88
JIVE Sortino Ratio Rank: 85
JIVE Omega Ratio Rank: 85
JIVE Calmar Ratio Rank: 78
JIVE 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.

JIRE vs. JIVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Research Enhanced Equity ETF (JIRE) and Jpmorgan International Value ETF (JIVE). 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.

	JIRE	JIVE	Difference
Sharpe ratio: Return per unit of total volatility	1.28	2.98	-1.70
Sortino ratio: Return per unit of downside risk	1.86	3.91	-2.05
Omega ratio: Gain probability vs. loss probability	1.23	1.53	-0.29
Calmar ratio: Return relative to maximum drawdown	1.69	4.07	-2.38
Martin ratio: Return relative to average drawdown	6.14	15.74	-9.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JIRE vs. JIVE - Sharpe Ratio Comparison

The current JIRE Sharpe Ratio is 1.28, which is lower than the JIVE Sharpe Ratio of 2.98. The chart below compares the historical Sharpe Ratios of JIRE and JIVE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JIRE	JIVE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	2.98	-1.70
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	2.01	-0.96

Drawdowns

JIRE vs. JIVE - Drawdown Comparison

The maximum JIRE drawdown since its inception was -16.11%, which is greater than JIVE's maximum drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for JIRE and JIVE.

Drawdown Indicators

	JIRE	JIVE	Difference
Max Drawdown Largest peak-to-trough decline	-16.11%	-13.79%	-2.32%
Max Drawdown (1Y) Largest decline over 1 year	-11.77%	-10.57%	-1.20%
Max Drawdown (3Y) Largest decline over 3 years	-13.61%	—	—
Current Drawdown Current decline from peak	-2.53%	-1.02%	-1.51%
Average Drawdown Average peak-to-trough decline	-3.03%	-1.96%	-1.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	2.73%	+0.50%

Volatility

JIRE vs. JIVE - Volatility Comparison

JPMorgan International Research Enhanced Equity ETF (JIRE) and Jpmorgan International Value ETF (JIVE) have volatilities of 5.08% and 4.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIRE	JIVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.08%	4.93%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	11.99%	+0.81%
Volatility (1Y) Calculated over the trailing 1-year period	15.56%	14.46%	+1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.28%	14.97%	+1.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.28%	14.97%	+1.31%

JIRE vs. JIVE - Expense Ratio Comparison

JIRE has a 0.24% expense ratio, which is lower than JIVE's 0.55% expense ratio.

Dividends

JIRE vs. JIVE - Dividend Comparison

JIRE's dividend yield for the trailing twelve months is around 2.78%, more than JIVE's 2.48% yield.

Position	TTM	2025	2024	2023	2022
JIRE JPMorgan International Research Enhanced Equity ETF	2.78%	2.99%	3.03%	2.74%	2.62%
JIVE Jpmorgan International Value ETF	2.48%	2.88%	2.48%	0.74%	0.00%

Frequently Asked Questions

Can I hold both JIRE and JIVE in my portfolio?

With a correlation of 0.92, JIRE and JIVE 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, JIRE or JIVE?

JIRE has higher volatility (5.08%) compared to JIVE (4.93%). In terms of maximum drawdown, JIRE dropped -16.11% vs JIVE's -13.79%.

Which ETF is better, JIRE or JIVE?

On 1-year performance, JIVE leads with 42.79% vs 19.81% for JIRE. On fees, JIRE is cheaper at 0.24% per year. On volatility, JIVE has been the lower-risk option at 4.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JIRE or JIVE?

Over the 1-year period, JIVE has performed better with a 42.79% return vs 19.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JIRE or JIVE?

JIRE is cheaper with a 0.24% expense ratio, compared with 0.55% for JIVE.

Which ETF pays a higher dividend yield, JIRE or JIVE?

JIRE has the higher dividend yield at 2.78%, compared with 2.48% for JIVE.

What is the main difference between JIRE and JIVE?

Their fees differ too: 0.24% for JIRE and 0.55% for JIVE.

Which has better risk-adjusted returns?

JIVE currently has the higher Sharpe Ratio (2.98 vs 1.28), 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.