JMEE vs. JMOM

Last updated Apr 1, 2026

Compare and contrast key facts about JPMorgan Market Expansion Enhanced Equity ETF (JMEE) and JPMorgan U.S. Momentum Factor ETF (JMOM).

JMEE and JMOM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JMEE is an actively managed fund by JPMorgan. It was launched on Jul 31, 1998. JMOM is a passively managed fund by JPMorgan that tracks the performance of the JP Morgan US Momentum Factor Index. It was launched on Nov 8, 2017.

Performance

JMEE vs. JMOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Market Expansion Enhanced Equity ETF (JMEE) and JPMorgan U.S. Momentum Factor ETF (JMOM). The values are adjusted to include any dividend payments, if applicable.

JMEE vs. JMOM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JMEE JPMorgan Market Expansion Enhanced Equity ETF	3.71%	7.65%	13.65%	18.12%	1.37%
JMOM JPMorgan U.S. Momentum Factor ETF	-0.16%	18.02%	28.47%	22.89%	0.59%

Returns By Period

In the year-to-date period, JMEE achieves a 3.71% return, which is significantly higher than JMOM's -0.16% return.

JMEE

• 1D: 2.68%
• 1M: -4.56%
• YTD: 3.71%
• 6M: 6.43%
• 1Y: 20.60%
• 3Y*: 12.90%
• 5Y*: —
• 10Y*: —

JMOM

• 1D: 3.36%
• 1M: -4.24%
• YTD: -0.16%
• 6M: 0.45%
• 1Y: 21.59%
• 3Y*: 20.77%
• 5Y*: 12.38%
• 10Y*: —

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

JMEE vs. JMOM - Expense Ratio Comparison

JMEE has a 0.24% expense ratio, which is higher than JMOM's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

JMEE

JPMorgan Market Expansion Enhanced Equity ETF

JMOM

JPMorgan U.S. Momentum Factor ETF

Return for Risk

JMEE vs. JMOM — Risk / Return Rank

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

JMEE

JMEE Risk / Return Rank: 59
JMEE Sharpe Ratio Rank: 56
JMEE Sortino Ratio Rank: 58
JMEE Omega Ratio Rank: 56
JMEE Calmar Ratio Rank: 60
JMEE Martin Ratio Rank: 64

JMOM

JMOM Risk / Return Rank: 72
JMOM Sharpe Ratio Rank: 65
JMOM Sortino Ratio Rank: 67
JMOM Omega Ratio Rank: 68
JMOM Calmar Ratio Rank: 73
JMOM 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.

JMEE vs. JMOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Market Expansion Enhanced Equity ETF (JMEE) and JPMorgan U.S. Momentum Factor ETF (JMOM). 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.

	JMEE	JMOM	Difference
Sharpe ratio Return per unit of total volatility	0.99	1.10	-0.11
Sortino ratio Return per unit of downside risk	1.50	1.65	-0.15
Omega ratio Gain probability vs. loss probability	1.21	1.24	-0.04
Calmar ratio Return relative to maximum drawdown	1.51	1.81	-0.29
Martin ratio Return relative to average drawdown	6.47	9.37	-2.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JMEE vs. JMOM - Sharpe Ratio Comparison

The current JMEE Sharpe Ratio is 0.99, which is comparable to the JMOM Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of JMEE and JMOM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JMEE	JMOM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.99	1.10	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.69	-0.11

Correlation

The correlation between JMEE and JMOM is 0.86, 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.

Dividends

JMEE vs. JMOM - Dividend Comparison

JMEE's dividend yield for the trailing twelve months is around 1.09%, more than JMOM's 0.88% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
JMEE JPMorgan Market Expansion Enhanced Equity ETF	1.09%	1.13%	0.95%	1.25%	6.63%	0.00%	0.00%	0.00%	0.00%	0.00%
JMOM JPMorgan U.S. Momentum Factor ETF	0.88%	0.86%	0.75%	1.21%	1.39%	0.64%	0.85%	1.11%	1.38%	0.29%

Drawdowns

JMEE vs. JMOM - Drawdown Comparison

The maximum JMEE drawdown since its inception was -25.40%, smaller than the maximum JMOM drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for JMEE and JMOM.

Drawdown Indicators

	JMEE	JMOM	Difference
Max Drawdown Largest peak-to-trough decline	-25.40%	-34.31%	+8.91%
Max Drawdown (1Y) Largest decline over 1 year	-13.96%	-12.28%	-1.68%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.26%	—
Current Drawdown Current decline from peak	-5.79%	-4.77%	-1.02%
Average Drawdown Average peak-to-trough decline	-5.57%	-6.44%	+0.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.27%	2.37%	+0.90%

Volatility

JMEE vs. JMOM - Volatility Comparison

JPMorgan Market Expansion Enhanced Equity ETF (JMEE) and JPMorgan U.S. Momentum Factor ETF (JMOM) have volatilities of 6.35% and 6.50%, 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

	JMEE	JMOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.35%	6.50%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	12.09%	11.32%	+0.77%
Volatility (1Y) Calculated over the trailing 1-year period	20.98%	19.76%	+1.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.69%	18.62%	+1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.69%	20.20%	-0.51%