JKK vs. VEA
Compare and contrast key facts about iShares Morningstar Small-Cap Growth ETF (JKK) and Vanguard FTSE Developed Markets ETF (VEA).
JKK and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JKK is a passively managed fund by iShares that tracks the performance of the Morningstar Small Growth Index. It was launched on Jul 7, 2004. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007. Both JKK and VEA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JKK or VEA.
Key characteristics
| JKK | VEA | |
|---|---|---|
| YTD Return | 0.82% | 4.06% |
| 1Y Return | 18.04% | 11.94% |
| 3Y Return (Ann) | -4.27% | 2.58% |
| 5Y Return (Ann) | -26.57% | 6.51% |
| 10Y Return (Ann) | -9.57% | 4.77% |
| Sharpe Ratio | 0.94 | 0.92 |
| Daily Std Dev | 18.35% | 12.82% |
| Max Drawdown | -90.33% | -60.70% |
| Current Drawdown | -87.29% | -1.41% |
Correlation
The correlation between JKK and VEA is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
JKK vs. VEA - Performance Comparison
In the year-to-date period, JKK achieves a 0.82% return, which is significantly lower than VEA's 4.06% return. Over the past 10 years, JKK has underperformed VEA with an annualized return of -9.57%, while VEA has yielded a comparatively higher 4.77% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JKK vs. VEA - Expense Ratio Comparison
JKK has a 0.30% expense ratio, which is higher than VEA's 0.05% expense ratio.
Risk-Adjusted Performance
JKK vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Small-Cap Growth ETF (JKK) and Vanguard FTSE Developed Markets ETF (VEA). 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.
Dividends
JKK vs. VEA - Dividend Comparison
JKK's dividend yield for the trailing twelve months is around 0.72%, less than VEA's 3.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JKK iShares Morningstar Small-Cap Growth ETF | 0.72% | 0.77% | 0.45% | 0.21% | 0.10% | 0.27% | 0.13% | 0.52% | 0.23% | 0.30% | 0.36% | 0.12% |
VEA Vanguard FTSE Developed Markets ETF | 3.31% | 3.15% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
JKK vs. VEA - Drawdown Comparison
The maximum JKK drawdown since its inception was -90.33%, which is greater than VEA's maximum drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for JKK and VEA. For additional features, visit the drawdowns tool.
Volatility
JKK vs. VEA - Volatility Comparison
iShares Morningstar Small-Cap Growth ETF (JKK) has a higher volatility of 4.75% compared to Vanguard FTSE Developed Markets ETF (VEA) at 4.02%. This indicates that JKK's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.