JIVE vs. GSIB

Last updated Jun 13, 2026

JIVE (Jpmorgan International Value ETF) and GSIB (Themes Global Systemically Important Banks ETF) are both exchange-traded funds - JIVE is a Foreign Large Cap Equities fund actively managed by JPMorgan, while GSIB is a Financials Equities fund actively managed by Themes. Both are actively managed. Over the past year, JIVE returned 42.72% vs 47.83% for GSIB. A 0.79 correlation means they provide meaningful diversification when combined. JIVE charges 0.55%/yr vs 0.35%/yr for GSIB.

Performance

JIVE vs. GSIB - Performance Comparison

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

Returns By Period

In the year-to-date period, JIVE achieves a 16.59% return, which is significantly higher than GSIB's 13.98% return.

JIVE

• 1D: 0.63%
• 1M: 1.64%
• YTD: 16.59%
• 6M: 19.20%
• 1Y: 42.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSIB

• 1D: 1.92%
• 1M: 6.99%
• YTD: 13.98%
• 6M: 16.88%
• 1Y: 47.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JIVE vs. GSIB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JIVE Jpmorgan International Value ETF	16.59%	49.80%	11.22%	2.10%
GSIB Themes Global Systemically Important Banks ETF	13.98%	61.67%	32.86%	1.75%

Correlation

The correlation between JIVE and GSIB is 0.81, 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	0.81
Correlation (All Time) Calculated using the full available price history since Dec 15, 2023	0.79

The correlation between JIVE and GSIB has been stable across timeframes, ranging from 0.79 to 0.81 - a consistent structural relationship.

JIVE vs. GSIB - Sectors Allocation Comparison

Sectors	JIVE	GSIB
Financial Services	33.2%	100.0%
Energy	8.7%	-
Industrials	7.4%	-
Technology	7.2%	-
Basic Materials	5.3%	-
Consumer Cyclical	4.3%	-
Healthcare	4.2%	-
Consumer Defensive	3.7%	-
Communication Services	2.7%	-
Real Estate	2.2%	-
Utilities	1.7%	-

Return for Risk

JIVE vs. GSIB — Risk / Return Rank

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

JIVE

JIVE Risk / Return Rank: 87
JIVE Sharpe Ratio Rank: 91
JIVE Sortino Ratio Rank: 89
JIVE Omega Ratio Rank: 88
JIVE Calmar Ratio Rank: 83
JIVE Martin Ratio Rank: 84

GSIB

GSIB Risk / Return Rank: 81
GSIB Sharpe Ratio Rank: 89
GSIB Sortino Ratio Rank: 89
GSIB Omega Ratio Rank: 83
GSIB Calmar Ratio Rank: 74
GSIB Martin Ratio Rank: 71

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. GSIB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jpmorgan International Value ETF (JIVE) and Themes Global Systemically Important Banks ETF (GSIB). 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.

	JIVE	GSIB	Difference
Sharpe ratio: Return per unit of total volatility	2.73	2.59	+0.14
Sortino ratio: Return per unit of downside risk	3.59	3.58	+0.02
Omega ratio: Gain probability vs. loss probability	1.48	1.43	+0.05
Calmar ratio: Return relative to maximum drawdown	3.89	3.28	+0.61
Martin ratio: Return relative to average drawdown	14.92	11.54	+3.38

JIVE vs. GSIB - Sharpe Ratio Comparison

The current JIVE Sharpe Ratio is 2.73, which is comparable to the GSIB Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of JIVE and GSIB, 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

JIVE vs. GSIB - Drawdown Comparison

The maximum JIVE drawdown since its inception was -13.79%, smaller than the maximum GSIB drawdown of -17.71%. Use the drawdown chart below to compare losses from any high point for JIVE and GSIB.

Drawdown Indicators

	JIVE	GSIB	Difference
Max Drawdown Largest peak-to-trough decline	-13.79%	-17.71%	+3.92%
Max Drawdown (1Y) Largest decline over 1 year	-10.57%	-13.90%	+3.33%
Current Drawdown Current decline from peak	-0.30%	0.00%	-0.30%
Average Drawdown Average peak-to-trough decline	-1.96%	-2.05%	+0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	3.94%	-1.18%

Volatility

JIVE vs. GSIB - Volatility Comparison

Jpmorgan International Value ETF (JIVE) and Themes Global Systemically Important Banks ETF (GSIB) have volatilities of 5.61% and 5.59%, 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

	JIVE	GSIB	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.61%	5.59%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	12.71%	14.41%	-1.70%
Volatility (1Y) Calculated over the trailing 1-year period	15.07%	17.63%	-2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.11%	18.51%	-3.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.11%	18.51%	-3.40%

JIVE vs. GSIB - Expense Ratio Comparison

JIVE has a 0.55% expense ratio, which is higher than GSIB's 0.35% expense ratio.

Dividends

JIVE vs. GSIB - Dividend Comparison

JIVE's dividend yield for the trailing twelve months is around 2.47%, more than GSIB's 1.67% yield.

Position	TTM	2025	2024	2023
GSIB Themes Global Systemically Important Banks ETF	1.67%	1.91%	1.67%	0.00%
JIVE Jpmorgan International Value ETF	2.47%	2.88%	2.48%	0.74%

Frequently Asked Questions

Can I hold both JIVE and GSIB in my portfolio?

JIVE and GSIB have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JIVE or GSIB?

JIVE has higher volatility (5.61%) compared to GSIB (5.59%). In terms of maximum drawdown, JIVE dropped -13.79% vs GSIB's -17.71%.

Which ETF is better, JIVE or GSIB?

On 1-year performance, GSIB leads with 47.83% vs 42.72% for JIVE. On fees, GSIB is cheaper at 0.35% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JIVE or GSIB?

Over the 1-year period, GSIB has performed better with a 47.83% return vs 42.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JIVE or GSIB?

GSIB is cheaper with a 0.35% expense ratio, compared with 0.55% for JIVE.

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

JIVE has the higher dividend yield at 2.47%, compared with 1.67% for GSIB.

What is the main difference between JIVE and GSIB?

JIVE is categorized as Foreign Large Cap Equities, while GSIB is Financials Equities. They also come from different issuers: JPMorgan and Themes. Their fees differ too: 0.55% for JIVE and 0.35% for GSIB.

Which has better risk-adjusted returns?

JIVE currently has the higher Sharpe Ratio (2.73 vs 2.59), 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.