JIRE vs. VTV
Compare and contrast key facts about JPMorgan International Research Enhanced Equity ETF (JIRE) and Vanguard Value ETF (VTV).
JIRE and VTV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JIRE is an actively managed fund by JPMorgan. It was launched on Oct 28, 1992. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JIRE or VTV.
Key characteristics
| JIRE | VTV | |
|---|---|---|
| YTD Return | 6.76% | 21.71% |
| 1Y Return | 17.40% | 34.54% |
| Sharpe Ratio | 1.35 | 3.24 |
| Sortino Ratio | 1.94 | 4.56 |
| Omega Ratio | 1.24 | 1.60 |
| Calmar Ratio | 2.36 | 4.86 |
| Martin Ratio | 7.29 | 21.19 |
| Ulcer Index | 2.47% | 1.58% |
| Daily Std Dev | 13.32% | 10.32% |
| Max Drawdown | -16.11% | -59.27% |
| Current Drawdown | -6.67% | 0.00% |
Correlation
The correlation between JIRE and VTV is 0.73, 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
JIRE vs. VTV - Performance Comparison
In the year-to-date period, JIRE achieves a 6.76% return, which is significantly lower than VTV's 21.71% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JIRE vs. VTV - Expense Ratio Comparison
JIRE has a 0.24% expense ratio, which is higher than VTV's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
JIRE vs. VTV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Research Enhanced Equity ETF (JIRE) and Vanguard Value ETF (VTV). 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.
Dividends
JIRE vs. VTV - Dividend Comparison
JIRE's dividend yield for the trailing twelve months is around 2.56%, more than VTV's 2.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JIRE JPMorgan International Research Enhanced Equity ETF | 2.56% | 2.74% | 2.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTV Vanguard Value ETF | 2.22% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% | 2.21% |
Drawdowns
JIRE vs. VTV - Drawdown Comparison
The maximum JIRE drawdown since its inception was -16.11%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for JIRE and VTV. For additional features, visit the drawdowns tool.
Volatility
JIRE vs. VTV - Volatility Comparison
JPMorgan International Research Enhanced Equity ETF (JIRE) has a higher volatility of 4.36% compared to Vanguard Value ETF (VTV) at 3.76%. This indicates that JIRE's price experiences larger fluctuations and is considered to be riskier than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.