JIVE vs. MCSE

Last updated Aug 2, 2026

JIVE (JPMorgan International Value ETF) and MCSE (Franklin Sustainable International Equity ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past year, JIVE returned 41.61% vs 4.30% for MCSE. Their 0.58 correlation means they have sometimes moved together and sometimes differently. JIVE charges 0.55%/yr vs 0.59%/yr for MCSE.

Performance

JIVE vs. MCSE - Performance Comparison

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

Returns By Period

In the year-to-date period, JIVE achieves a 19.28% return, which is significantly higher than MCSE's 1.12% return.

JIVE

• 1D: -0.46%
• 1M: 3.79%
• 6M: 10.74%
• YTD: 19.28%
• 1Y: 41.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 29.28%

MCSE

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 1.12%
• 1Y: 4.30%
• 3Y*: -0.12%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JIVE JPMorgan International Value ETF	$31.51M	$29.83M	$30.13M
MCSE Franklin Sustainable International Equity ETF	$0.00	$0.00	$0.00

JIVE vs. MCSE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JIVE JPMorgan International Value ETF	19.28%	49.80%	11.22%	5.36%
MCSE Franklin Sustainable International Equity ETF	1.12%	7.79%	-9.46%	16.00%

Correlation

The correlation between JIVE and MCSE is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.40
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023	0.58

The correlation between JIVE and MCSE shifts across timeframes, from 0.40 (1 year) to 0.58 (all time), reflecting how their relationship changes across market environments.

JIVE vs. MCSE - Sectors Allocation Comparison

Sectors	JIVE	MCSE
Financial Services	39.0%	2.1%
Technology	12.7%	31.1%
Industrials	10.2%	18.1%
Energy	9.5%	-
Consumer Cyclical	5.9%	13.8%
Basic Materials	5.1%	5.1%
Healthcare	4.6%	20.1%
Consumer Defensive	4.3%	5.0%
Communication Services	4.1%	4.7%
Utilities	2.5%	-
Real Estate	2.3%	-

Return for Risk

JIVE vs. MCSE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JIVE

JIVE Risk / Return Rank: 93
JIVE Sharpe Ratio Rank: 95
JIVE Sortino Ratio Rank: 93
JIVE Omega Ratio Rank: 93
JIVE Calmar Ratio Rank: 91
JIVE Martin Ratio Rank: 91

MCSE

MCSE Risk / Return Rank: 19
MCSE Sharpe Ratio Rank: 20
MCSE Sortino Ratio Rank: 18
MCSE Omega Ratio Rank: 22
MCSE Calmar Ratio Rank: 17
MCSE Martin Ratio Rank: 17

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JIVE vs. MCSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Value ETF (JIVE) and Franklin Sustainable International Equity ETF (MCSE). 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	MCSE	Difference
Sharpe ratio: Return per unit of total volatility	2.72	0.37	+2.35
Sortino ratio: Return per unit of downside risk	3.62	0.58	+3.05
Omega ratio: Gain probability vs. loss probability	1.49	1.10	+0.39
Calmar ratio: Return relative to maximum drawdown	3.94	0.37	+3.57
Martin ratio: Return relative to average drawdown	14.89	0.92	+13.97

JIVE vs. MCSE - Sharpe Ratio Comparison

The current JIVE Sharpe Ratio is 2.72, which is higher than the MCSE Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of JIVE and MCSE, 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. MCSE - Drawdown Comparison

The maximum JIVE drawdown since its inception was -13.79%, smaller than the maximum MCSE drawdown of -26.36%. Use the drawdown chart below to compare losses from any high point for JIVE and MCSE.

Drawdown Indicators

	JIVE	MCSE	Difference
Max Drawdown Largest peak-to-trough decline	-13.79%	-26.36%	+12.57%
Max Drawdown (1Y) Largest decline over 1 year	-10.57%	-10.42%	-0.15%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.36%	—
Current Drawdown Current decline from peak	-0.46%	-10.51%	+10.05%
Average Drawdown Average peak-to-trough decline	-1.93%	-8.79%	+6.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	4.36%	-1.57%

Volatility

JIVE vs. MCSE - Volatility Comparison

JPMorgan International Value ETF (JIVE) has a higher volatility of 4.58% compared to Franklin Sustainable International Equity ETF (MCSE) at 0.00%. This indicates that JIVE's price experiences larger fluctuations and is considered to be riskier than MCSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIVE	MCSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.58%	0.00%	+4.58%
Volatility (6M) Calculated over the trailing 6-month period	13.32%	1.91%	+11.41%
Volatility (1Y) Calculated over the trailing 1-year period	15.28%	10.71%	+4.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.12%	19.08%	-3.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.12%	19.08%	-3.96%

JIVE vs. MCSE - Expense Ratio Comparison

JIVE has a 0.55% expense ratio, which is lower than MCSE's 0.59% expense ratio.

Dividends

JIVE vs. MCSE - Dividend Comparison

JIVE's dividend yield for the trailing twelve months is around 2.41%, less than MCSE's 3.74% yield.

Position	TTM	2025	2024	2023	2022
JIVE JPMorgan International Value ETF	2.41%	2.88%	2.48%	0.74%	0.00%
MCSE Franklin Sustainable International Equity ETF	3.74%	3.78%	0.63%	0.57%	0.48%

Frequently Asked Questions

Can I hold both JIVE and MCSE in my portfolio?

JIVE and MCSE have a correlation of 0.40, 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 MCSE?

JIVE has higher volatility (4.58%) compared to MCSE (0.00%). In terms of maximum drawdown, JIVE dropped -13.79% vs MCSE's -26.36%.

Which ETF is better, JIVE or MCSE?

On 1-year performance, JIVE leads with 41.61% vs 4.30% for MCSE. On fees, JIVE is cheaper at 0.55% per year. On volatility, MCSE has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JIVE or MCSE?

Over the 1-year period, JIVE has performed better with a 41.61% return vs 4.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JIVE or MCSE?

JIVE is cheaper with a 0.55% expense ratio, compared with 0.59% for MCSE.

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

MCSE has the higher dividend yield at 3.74%, compared with 2.41% for JIVE.

What is the main difference between JIVE and MCSE?

They also come from different issuers: JPMorgan and Franklin. Their fees differ too: 0.55% for JIVE and 0.59% for MCSE.

Which has better risk-adjusted returns?

JIVE currently has the higher Sharpe Ratio (2.72 vs 0.37), 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.