JIVE vs. GMOI

Last updated Jun 4, 2026

JIVE (Jpmorgan International Value ETF) and GMOI (GMO International Value ETF) are both Foreign Large Cap Equities funds. JIVE is actively managed, while GMOI is passively managed. Over the past year, JIVE returned 42.79% vs 36.69% for GMOI. Their correlation of 0.90 suggests significant overlap in exposure. JIVE charges 0.55%/yr vs 0.60%/yr for GMOI.

Performance

JIVE vs. GMOI - Performance Comparison

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

Returns By Period

In the year-to-date period, JIVE achieves a 15.75% return, which is significantly higher than GMOI's 13.04% return.

JIVE

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

GMOI

• 1D: -0.73%
• 1M: 2.82%
• YTD: 13.04%
• 6M: 17.00%
• 1Y: 36.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JIVE vs. GMOI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JIVE Jpmorgan International Value ETF	15.75%	49.80%	-2.60%
GMOI GMO International Value ETF	13.04%	45.64%	-4.57%

Correlation

The correlation between JIVE and GMOI is 0.91, 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	0.91
Correlation (All Time) Calculated using the full available price history since Oct 30, 2024	0.90

The correlation between JIVE and GMOI has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

Return for Risk

JIVE vs. GMOI — Risk / Return Rank

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

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

GMOI

GMOI Risk / Return Rank: 84
GMOI Sharpe Ratio Rank: 85
GMOI Sortino Ratio Rank: 85
GMOI Omega Ratio Rank: 82
GMOI Calmar Ratio Rank: 83
GMOI Martin Ratio Rank: 85

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. GMOI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jpmorgan International Value ETF (JIVE) and GMO International Value ETF (GMOI). 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	GMOI	Difference
Sharpe ratio: Return per unit of total volatility	2.98	2.81	+0.17
Sortino ratio: Return per unit of downside risk	3.91	3.86	+0.06
Omega ratio: Gain probability vs. loss probability	1.53	1.50	+0.03
Calmar ratio: Return relative to maximum drawdown	4.07	4.41	-0.34
Martin ratio: Return relative to average drawdown	15.74	17.44	-1.70
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. GMOI - Sharpe Ratio Comparison

The current JIVE Sharpe Ratio is 2.98, which is comparable to the GMOI Sharpe Ratio of 2.81. The chart below compares the historical Sharpe Ratios of JIVE and GMOI, 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	GMOI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.98	2.81	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	2.01	2.13	-0.12

Drawdowns

JIVE vs. GMOI - Drawdown Comparison

The maximum JIVE drawdown since its inception was -13.79%, smaller than the maximum GMOI drawdown of -14.67%. Use the drawdown chart below to compare losses from any high point for JIVE and GMOI.

Drawdown Indicators

	JIVE	GMOI	Difference
Max Drawdown Largest peak-to-trough decline	-13.79%	-14.67%	+0.88%
Max Drawdown (1Y) Largest decline over 1 year	-10.57%	-8.36%	-2.21%
Current Drawdown Current decline from peak	-1.02%	-0.99%	-0.03%
Average Drawdown Average peak-to-trough decline	-1.96%	-1.70%	-0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	2.11%	+0.62%

Volatility

JIVE vs. GMOI - Volatility Comparison

Jpmorgan International Value ETF (JIVE) has a higher volatility of 4.93% compared to GMO International Value ETF (GMOI) at 3.93%. This indicates that JIVE's price experiences larger fluctuations and is considered to be riskier than GMOI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIVE	GMOI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	3.93%	+1.00%
Volatility (6M) Calculated over the trailing 6-month period	11.99%	10.28%	+1.71%
Volatility (1Y) Calculated over the trailing 1-year period	14.46%	13.16%	+1.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.97%	15.59%	-0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.97%	15.59%	-0.62%

JIVE vs. GMOI - Expense Ratio Comparison

JIVE has a 0.55% expense ratio, which is lower than GMOI's 0.60% expense ratio.

Dividends

JIVE vs. GMOI - Dividend Comparison

JIVE's dividend yield for the trailing twelve months is around 2.48%, more than GMOI's 2.42% yield.

Position	TTM	2025	2024	2023
GMOI GMO International Value ETF	2.42%	2.74%	0.54%	0.00%
JIVE Jpmorgan International Value ETF	2.48%	2.88%	2.48%	0.74%

Frequently Asked Questions

Can I hold both JIVE and GMOI in my portfolio?

With a correlation of 0.91, JIVE and GMOI 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 GMOI?

JIVE has higher volatility (4.93%) compared to GMOI (3.93%). In terms of maximum drawdown, JIVE dropped -13.79% vs GMOI's -14.67%.

Which ETF is better, JIVE or GMOI?

On 1-year performance, JIVE leads with 42.79% vs 36.69% for GMOI. On fees, JIVE is cheaper at 0.55% per year. On volatility, GMOI has been the lower-risk option at 3.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JIVE or GMOI?

Over the 1-year period, JIVE has performed better with a 42.79% return vs 36.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JIVE or GMOI?

JIVE is cheaper with a 0.55% expense ratio, compared with 0.60% for GMOI.

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

JIVE has the higher dividend yield at 2.48%, compared with 2.42% for GMOI.

What is the main difference between JIVE and GMOI?

They also come from different issuers: JPMorgan and GMO. Their fees differ too: 0.55% for JIVE and 0.60% for GMOI.

Which has better risk-adjusted returns?

JIVE currently has the higher Sharpe Ratio (2.98 vs 2.81), 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.