JPEF vs. AVIE

Last updated Aug 2, 2026

JPEF (JPMorgan Equity Focus ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past 3 years, JPEF returned 17.71%/yr vs 12.55%/yr for AVIE. Their 0.41 correlation means their historical movements had little consistent relationship. JPEF charges 0.50%/yr vs 0.25%/yr for AVIE.

Performance

JPEF vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Focus ETF (JPEF) and Avantis Inflation Focused Equity ETF (AVIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPEF achieves a 7.28% return, which is significantly lower than AVIE's 18.41% return.

JPEF

• 1D: 1.05%
• 1M: 0.24%
• 6M: 5.98%
• YTD: 7.28%
• 1Y: 15.49%
• 3Y*: 17.71%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.66%

AVIE

• 1D: -0.06%
• 1M: 2.39%
• 6M: 11.89%
• YTD: 18.41%
• 1Y: 31.98%
• 3Y*: 12.55%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.49%

*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)
AVIE Avantis Inflation Focused Equity ETF	$108.24K	$116.86K	$98.80K
JPEF JPMorgan Equity Focus ETF	$8.69M	$8.49M	$7.43M

JPEF vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPEF JPMorgan Equity Focus ETF	7.28%	12.07%	28.19%	5.70%
AVIE Avantis Inflation Focused Equity ETF	18.41%	11.37%	6.17%	1.92%

Correlation

The correlation between JPEF and AVIE is 0.14, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.14
Correlation (3Y) Balances recent behavior with more history.	0.41
Correlation (All Time) Calculated using the full available price history since Jul 31, 2023	0.41

Over the past year, the correlation between JPEF and AVIE has dropped to 0.14 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.

JPEF vs. AVIE - Sectors Allocation Comparison

Sectors	JPEF	AVIE
Technology	34.7%	0.1%
Financial Services	13.6%	15.7%
Consumer Cyclical	9.9%	0.1%
Industrials	9.1%	1.7%
Communication Services	8.5%	-
Healthcare	8.5%	29.6%
Energy	5.1%	26.5%
Real Estate	2.6%	0.5%
Utilities	2.6%	0.0%
Basic Materials	2.2%	9.0%
Consumer Defensive	1.7%	16.9%

Return for Risk

JPEF vs. AVIE — Risk / Return Rank

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

JPEF

JPEF Risk / Return Rank: 47
JPEF Sharpe Ratio Rank: 44
JPEF Sortino Ratio Rank: 43
JPEF Omega Ratio Rank: 43
JPEF Calmar Ratio Rank: 46
JPEF Martin Ratio Rank: 57

AVIE

AVIE Risk / Return Rank: 96
AVIE Sharpe Ratio Rank: 97
AVIE Sortino Ratio Rank: 96
AVIE Omega Ratio Rank: 95
AVIE Calmar Ratio Rank: 96
AVIE Martin Ratio Rank: 95

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.

JPEF vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Focus ETF (JPEF) and Avantis Inflation Focused Equity ETF (AVIE). 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.

	JPEF	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	1.09	3.16	-2.08
Sortino ratio: Return per unit of downside risk	1.58	4.62	-3.04
Omega ratio: Gain probability vs. loss probability	1.20	1.56	-0.37
Calmar ratio: Return relative to maximum drawdown	1.65	6.34	-4.70
Martin ratio: Return relative to average drawdown	6.78	21.65	-14.87

JPEF vs. AVIE - Sharpe Ratio Comparison

The current JPEF Sharpe Ratio is 1.09, which is lower than the AVIE Sharpe Ratio of 3.16. The chart below compares the historical Sharpe Ratios of JPEF and AVIE, 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

JPEF vs. AVIE - Drawdown Comparison

The maximum JPEF drawdown since its inception was -18.09%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for JPEF and AVIE.

Drawdown Indicators

	JPEF	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-18.09%	-12.39%	-5.70%
Max Drawdown (1Y) Largest decline over 1 year	-8.25%	-4.97%	-3.28%
Max Drawdown (3Y) Largest decline over 3 years	-18.09%	-12.39%	-5.70%
Current Drawdown Current decline from peak	-1.36%	-0.88%	-0.48%
Average Drawdown Average peak-to-trough decline	-2.13%	-2.93%	+0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	1.45%	+0.55%

Volatility

JPEF vs. AVIE - Volatility Comparison

JPMorgan Equity Focus ETF (JPEF) has a higher volatility of 3.96% compared to Avantis Inflation Focused Equity ETF (AVIE) at 3.29%. This indicates that JPEF's price experiences larger fluctuations and is considered to be riskier than AVIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPEF	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	3.29%	+0.67%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	7.47%	+2.42%
Volatility (1Y) Calculated over the trailing 1-year period	12.52%	10.05%	+2.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.02%	12.85%	+2.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.02%	12.85%	+2.17%

JPEF vs. AVIE - Expense Ratio Comparison

JPEF has a 0.50% expense ratio, which is higher than AVIE's 0.25% expense ratio.

Dividends

JPEF vs. AVIE - Dividend Comparison

JPEF's dividend yield for the trailing twelve months is around 0.65%, less than AVIE's 1.40% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.40%	1.75%	1.89%	3.72%	0.39%
JPEF JPMorgan Equity Focus ETF	0.65%	0.70%	0.71%	0.39%	0.00%

Frequently Asked Questions

Can I hold both JPEF and AVIE in my portfolio?

JPEF and AVIE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPEF or AVIE?

JPEF has higher volatility (3.96%) compared to AVIE (3.29%). In terms of maximum drawdown, JPEF dropped -18.09% vs AVIE's -12.39%.

Which ETF is better, JPEF or AVIE?

On 3-year performance, JPEF leads with 17.71% vs 12.55% for AVIE. On fees, AVIE is cheaper at 0.25% per year. On volatility, AVIE has been the lower-risk option at 3.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPEF or AVIE?

Over the 3-year period, JPEF has performed better with a 17.71% return vs 12.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPEF or AVIE?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.50% for JPEF.

Which ETF pays a higher dividend yield, JPEF or AVIE?

AVIE has the higher dividend yield at 1.40%, compared with 0.65% for JPEF.

What is the main difference between JPEF and AVIE?

They also come from different issuers: JPMorgan and Avantis. Their fees differ too: 0.50% for JPEF and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (3.16 vs 1.09), 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.