Correlation
The correlation between JIVE and INDEX is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
JIVE vs. INDEX
Compare and contrast key facts about Jpmorgan International Value ETF (JIVE) and Index Funds S&P 500 Equal Weight (INDEX).
JIVE is an actively managed fund by JPMorgan. It was launched on Sep 13, 2023. INDEX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JIVE or INDEX.
Performance
JIVE vs. INDEX - Performance Comparison
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Key characteristics
JIVE:
1.21
INDEX:
0.69
JIVE:
1.61
INDEX:
0.99
JIVE:
1.22
INDEX:
1.14
JIVE:
1.42
INDEX:
0.64
JIVE:
5.23
INDEX:
2.42
JIVE:
3.75%
INDEX:
4.96%
JIVE:
17.23%
INDEX:
19.76%
JIVE:
-13.79%
INDEX:
-38.82%
JIVE:
-0.45%
INDEX:
-3.48%
Returns By Period
In the year-to-date period, JIVE achieves a 20.60% return, which is significantly higher than INDEX's 0.94% return.
JIVE
20.60%
5.32%
17.98%
20.75%
N/A
N/A
N/A
INDEX
0.94%
6.25%
-2.03%
13.49%
9.23%
14.46%
9.71%
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JIVE vs. INDEX - Expense Ratio Comparison
JIVE has a 0.55% expense ratio, which is higher than INDEX's 0.25% expense ratio.
Risk-Adjusted Performance
JIVE vs. INDEX — Risk-Adjusted Performance Rank
JIVE
INDEX
JIVE vs. INDEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan International Value ETF (JIVE) and Index Funds S&P 500 Equal Weight (INDEX). 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.
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Dividends
JIVE vs. INDEX - Dividend Comparison
JIVE's dividend yield for the trailing twelve months is around 2.06%, more than INDEX's 1.95% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|---|
JIVE Jpmorgan International Value ETF | 2.06% | 2.48% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
INDEX Index Funds S&P 500 Equal Weight | 1.95% | 1.97% | 1.56% | 3.25% | 1.81% | 1.53% | 1.61% | 3.09% | 1.22% | 3.22% | 3.06% |
Drawdowns
JIVE vs. INDEX - Drawdown Comparison
The maximum JIVE drawdown since its inception was -13.79%, smaller than the maximum INDEX drawdown of -38.82%. Use the drawdown chart below to compare losses from any high point for JIVE and INDEX.
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Volatility
JIVE vs. INDEX - Volatility Comparison
The current volatility for Jpmorgan International Value ETF (JIVE) is 2.57%, while Index Funds S&P 500 Equal Weight (INDEX) has a volatility of 4.81%. This indicates that JIVE experiences smaller price fluctuations and is considered to be less risky than INDEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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