JIVE vs. FDT

Last updated Jun 3, 2026

JIVE (Jpmorgan International Value ETF) and FDT (First Trust Developed Markets ex-US AlphaDEX Fund) are both Foreign Large Cap Equities funds. JIVE is actively managed, while FDT is passively managed. Over the past year, JIVE returned 43.55% vs 55.30% for FDT. Their correlation of 0.88 suggests significant overlap in exposure. JIVE charges 0.55%/yr vs 0.80%/yr for FDT.

Performance

JIVE vs. FDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Jpmorgan International Value ETF (JIVE) and First Trust Developed Markets ex-US AlphaDEX Fund (FDT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JIVE achieves a 16.94% return, which is significantly lower than FDT's 26.31% return.

JIVE

• 1D: 0.84%
• 1M: 4.08%
• YTD: 16.94%
• 6M: 21.63%
• 1Y: 43.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FDT

• 1D: -0.96%
• 1M: 5.42%
• YTD: 26.31%
• 6M: 30.28%
• 1Y: 55.30%
• 3Y*: 30.36%
• 5Y*: 12.97%
• 10Y*: 10.98%

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

JIVE vs. FDT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JIVE Jpmorgan International Value ETF	16.94%	49.80%	11.22%	5.38%
FDT First Trust Developed Markets ex-US AlphaDEX Fund	26.31%	52.21%	6.97%	2.81%

Correlation

The correlation between JIVE and FDT is 0.90, 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	0.90
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023	0.88

The correlation between JIVE and FDT has been stable across timeframes, ranging from 0.88 to 0.90 - a consistent structural relationship.

JIVE vs. FDT - Sectors Allocation Comparison

Sectors	JIVE	FDT
Financial Services	33.4%	10.2%
Energy	8.9%	9.2%
Industrials	7.4%	34.0%
Technology	6.9%	8.1%
Basic Materials	5.4%	9.6%
Consumer Cyclical	4.3%	11.5%
Healthcare	4.3%	1.4%
Consumer Defensive	3.7%	2.8%
Communication Services	2.8%	2.7%
Real Estate	2.3%	5.3%
Utilities	1.8%	5.2%

Return for Risk

JIVE vs. FDT — Risk / Return Rank

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

JIVE

JIVE Risk / Return Rank: 85
JIVE Sharpe Ratio Rank: 89
JIVE Sortino Ratio Rank: 87
JIVE Omega Ratio Rank: 86
JIVE Calmar Ratio Rank: 81
JIVE Martin Ratio Rank: 82

FDT

FDT Risk / Return Rank: 85
FDT Sharpe Ratio Rank: 88
FDT Sortino Ratio Rank: 85
FDT Omega Ratio Rank: 87
FDT Calmar Ratio Rank: 82
FDT Martin Ratio Rank: 83

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.

JIVE vs. FDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jpmorgan International Value ETF (JIVE) and First Trust Developed Markets ex-US AlphaDEX Fund (FDT). 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.

	JIVE	FDT	Difference
Sharpe ratio Return per unit of total volatility	3.04	3.02	+0.02
Sortino ratio Return per unit of downside risk	3.99	3.86	+0.12
Omega ratio Gain probability vs. loss probability	1.54	1.54	0.00
Calmar ratio Return relative to maximum drawdown	4.28	4.36	-0.08
Martin ratio Return relative to average drawdown	16.61	17.08	-0.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JIVE vs. FDT - Sharpe Ratio Comparison

The current JIVE Sharpe Ratio is 3.04, which is comparable to the FDT Sharpe Ratio of 3.02. The chart below compares the historical Sharpe Ratios of JIVE and FDT, 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

	JIVE	FDT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.04	3.02	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.04	0.40	+1.64

Drawdowns

JIVE vs. FDT - Drawdown Comparison

The maximum JIVE drawdown since its inception was -13.79%, smaller than the maximum FDT drawdown of -46.10%. Use the drawdown chart below to compare losses from any high point for JIVE and FDT.

Drawdown Indicators

	JIVE	FDT	Difference
Max Drawdown Largest peak-to-trough decline	-13.79%	-46.10%	+32.31%
Max Drawdown (1Y) Largest decline over 1 year	-10.57%	-13.41%	+2.84%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.10%	—
Current Drawdown Current decline from peak	0.00%	-0.96%	+0.96%
Average Drawdown Average peak-to-trough decline	-1.96%	-10.78%	+8.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.72%	3.42%	-0.70%

Volatility

JIVE vs. FDT - Volatility Comparison

The current volatility for Jpmorgan International Value ETF (JIVE) is 4.94%, while First Trust Developed Markets ex-US AlphaDEX Fund (FDT) has a volatility of 7.21%. This indicates that JIVE experiences smaller price fluctuations and is considered to be less risky than FDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIVE	FDT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.94%	7.21%	-2.27%
Volatility (6M) Calculated over the trailing 6-month period	11.93%	15.92%	-3.99%
Volatility (1Y) Calculated over the trailing 1-year period	14.45%	18.50%	-4.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.96%	18.24%	-3.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.96%	18.53%	-3.57%

JIVE vs. FDT - Expense Ratio Comparison

JIVE has a 0.55% expense ratio, which is lower than FDT's 0.80% expense ratio.

Dividends

JIVE vs. FDT - Dividend Comparison

JIVE's dividend yield for the trailing twelve months is around 2.46%, less than FDT's 2.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDT First Trust Developed Markets ex-US AlphaDEX Fund	2.82%	3.27%	3.89%	4.36%	2.29%	3.80%	2.42%	2.78%	2.13%	1.57%	1.76%	1.83%
JIVE Jpmorgan International Value ETF	2.46%	2.88%	2.48%	0.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JIVE and FDT in my portfolio?

With a correlation of 0.90, JIVE and FDT 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, JIVE or FDT?

FDT has higher volatility (7.21%) compared to JIVE (4.94%). In terms of maximum drawdown, JIVE dropped -13.79% vs FDT's -46.10%.

Which ETF is better, JIVE or FDT?

On 1-year performance, FDT leads with 55.30% vs 43.55% for JIVE. On fees, JIVE is cheaper at 0.55% per year. On volatility, JIVE has been the lower-risk option at 4.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JIVE or FDT?

Over the 1-year period, FDT has performed better with a 55.30% return vs 43.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JIVE or FDT?

JIVE is cheaper with a 0.55% expense ratio, compared with 0.80% for FDT.

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

FDT has the higher dividend yield at 2.82%, compared with 2.46% for JIVE.

What is the main difference between JIVE and FDT?

They also come from different issuers: JPMorgan and First Trust. Their fees differ too: 0.55% for JIVE and 0.80% for FDT.

Which has better risk-adjusted returns?

JIVE currently has the higher Sharpe Ratio (3.04 vs 3.02), 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.