Correlation
The correlation between JMEE and USFR is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
JMEE vs. USFR
Compare and contrast key facts about JPMorgan Market Expansion Enhanced Equity ETF (JMEE) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR).
JMEE and USFR 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. USFR is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg U.S. Treasury Floating Rate Bond Index. It was launched on Feb 4, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JMEE or USFR.
Performance
JMEE vs. USFR - Performance Comparison
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Key characteristics
JMEE:
0.06
USFR:
14.93
JMEE:
0.23
USFR:
44.43
JMEE:
1.03
USFR:
10.80
JMEE:
0.04
USFR:
80.20
JMEE:
0.12
USFR:
621.51
JMEE:
8.82%
USFR:
0.01%
JMEE:
22.21%
USFR:
0.32%
JMEE:
-25.40%
USFR:
-1.36%
JMEE:
-13.05%
USFR:
-0.00%
Returns By Period
In the year-to-date period, JMEE achieves a -5.42% return, which is significantly lower than USFR's 1.75% return.
JMEE
-5.42%
4.74%
-12.50%
0.07%
6.98%
N/A
N/A
USFR
1.75%
0.38%
2.20%
4.70%
4.65%
2.86%
1.99%
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JMEE vs. USFR - Expense Ratio Comparison
JMEE has a 0.24% expense ratio, which is higher than USFR's 0.15% 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%.
Risk-Adjusted Performance
JMEE vs. USFR — Risk-Adjusted Performance Rank
JMEE
USFR
JMEE vs. USFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Market Expansion Enhanced Equity ETF (JMEE) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR). 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
JMEE vs. USFR - Dividend Comparison
JMEE's dividend yield for the trailing twelve months is around 1.01%, less than USFR's 4.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
JMEE JPMorgan Market Expansion Enhanced Equity ETF | 1.01% | 0.95% | 1.25% | 6.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USFR WisdomTree Bloomberg Floating Rate Treasury Fund | 4.68% | 5.17% | 5.12% | 1.78% | 0.02% | 0.40% | 2.08% | 1.67% | 1.03% | 0.29% |
Drawdowns
JMEE vs. USFR - Drawdown Comparison
The maximum JMEE drawdown since its inception was -25.40%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for JMEE and USFR.
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Volatility
JMEE vs. USFR - Volatility Comparison
JPMorgan Market Expansion Enhanced Equity ETF (JMEE) has a higher volatility of 6.01% compared to WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) at 0.09%. This indicates that JMEE's price experiences larger fluctuations and is considered to be riskier than USFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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