JMOM vs. IUMF.L

Last updated Apr 1, 2026

Compare and contrast key facts about JPMorgan U.S. Momentum Factor ETF (JMOM) and IShares Edge MSCI USA Momentum Factor ETF (IUMF.L).

JMOM and IUMF.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. IUMF.L is a passively managed fund by iShares that tracks the performance of the Russell 1000 Growth TR USD. It was launched on Oct 13, 2016. Both JMOM and IUMF.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

JMOM vs. IUMF.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Momentum Factor ETF (JMOM) and IShares Edge MSCI USA Momentum Factor ETF (IUMF.L). The values are adjusted to include any dividend payments, if applicable.

JMOM vs. IUMF.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JMOM JPMorgan U.S. Momentum Factor ETF	-0.16%	18.02%	28.47%	22.89%	-20.83%	25.03%	29.25%	28.24%	-5.25%	3.32%
IUMF.L IShares Edge MSCI USA Momentum Factor ETF	-7.02%	17.37%	32.63%	9.21%	-18.22%	13.08%	28.86%	28.25%	-3.41%	3.97%

Different Trading Currencies

JMOM is traded in USD, while IUMF.L is traded in GBp. To make them comparable, the IUMF.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, JMOM achieves a -0.16% return, which is significantly higher than IUMF.L's -7.02% return.

JMOM

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

IUMF.L

• 1D: 0.85%
• 1M: -7.55%
• YTD: -7.02%
• 6M: -7.26%
• 1Y: 13.49%
• 3Y*: 18.45%
• 5Y*: 7.59%
• 10Y*: —

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

JMOM vs. IUMF.L - Expense Ratio Comparison

JMOM has a 0.12% expense ratio, which is lower than IUMF.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

IUMF.L

IShares Edge MSCI USA Momentum Factor ETF

JMOM

JPMorgan U.S. Momentum Factor ETF

Return for Risk

JMOM vs. IUMF.L — Risk / Return Rank

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

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

IUMF.L

IUMF.L Risk / Return Rank: 32
IUMF.L Sharpe Ratio Rank: 31
IUMF.L Sortino Ratio Rank: 32
IUMF.L Omega Ratio Rank: 30
IUMF.L Calmar Ratio Rank: 32
IUMF.L Martin Ratio Rank: 32

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.

JMOM vs. IUMF.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Momentum Factor ETF (JMOM) and IShares Edge MSCI USA Momentum Factor ETF (IUMF.L). 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.

	JMOM	IUMF.L	Difference
Sharpe ratio Return per unit of total volatility	1.10	0.66	+0.44
Sortino ratio Return per unit of downside risk	1.65	1.06	+0.59
Omega ratio Gain probability vs. loss probability	1.24	1.14	+0.10
Calmar ratio Return relative to maximum drawdown	1.81	0.86	+0.94
Martin ratio Return relative to average drawdown	9.37	3.74	+5.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JMOM vs. IUMF.L - Sharpe Ratio Comparison

The current JMOM Sharpe Ratio is 1.10, which is higher than the IUMF.L Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of JMOM and IUMF.L, 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

	JMOM	IUMF.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	0.66	+0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.40	+0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.70	0.00

Correlation

The correlation between JMOM and IUMF.L 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.

Dividends

JMOM vs. IUMF.L - Dividend Comparison

JMOM's dividend yield for the trailing twelve months is around 0.88%, while IUMF.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
IUMF.L IShares Edge MSCI USA Momentum Factor ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

JMOM vs. IUMF.L - Drawdown Comparison

The maximum JMOM drawdown since its inception was -34.31%, roughly equal to the maximum IUMF.L drawdown of -33.19%. Use the drawdown chart below to compare losses from any high point for JMOM and IUMF.L.

Drawdown Indicators

	JMOM	IUMF.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.31%	-25.23%	-9.08%
Max Drawdown (1Y) Largest decline over 1 year	-12.28%	-11.71%	-0.57%
Max Drawdown (5Y) Largest decline over 5 years	-28.26%	-24.37%	-3.89%
Current Drawdown Current decline from peak	-4.77%	-8.87%	+4.10%
Average Drawdown Average peak-to-trough decline	-6.44%	-6.54%	+0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	3.38%	-1.01%

Volatility

JMOM vs. IUMF.L - Volatility Comparison

JPMorgan U.S. Momentum Factor ETF (JMOM) has a higher volatility of 6.50% compared to IShares Edge MSCI USA Momentum Factor ETF (IUMF.L) at 6.07%. This indicates that JMOM's price experiences larger fluctuations and is considered to be riskier than IUMF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JMOM	IUMF.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.50%	6.07%	+0.43%
Volatility (6M) Calculated over the trailing 6-month period	11.32%	13.61%	-2.29%
Volatility (1Y) Calculated over the trailing 1-year period	19.76%	20.38%	-0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.62%	19.07%	-0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.20%	19.04%	+1.16%