JPEF vs. VFQY

Last updated Jun 4, 2026

JPEF (JPMorgan Equity Focus ETF) and VFQY (Vanguard U.S. Quality Factor ETF) are both exchange-traded funds - JPEF is a Large Cap Blend Equities fund actively managed by JPMorgan, while VFQY is a Mid Cap Blend Equities fund actively managed by Vanguard. Both are actively managed. Over the past year, JPEF returned 19.43% vs 18.92% for VFQY. Their correlation of 0.81 suggests significant overlap in exposure. JPEF charges 0.50%/yr vs 0.13%/yr for VFQY.

Performance

JPEF vs. VFQY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Focus ETF (JPEF) and Vanguard U.S. Quality Factor ETF (VFQY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JPEF having a 7.80% return and VFQY slightly lower at 7.68%.

JPEF

• 1D: -0.61%
• 1M: 3.38%
• YTD: 7.80%
• 6M: 7.01%
• 1Y: 19.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VFQY

• 1D: -0.31%
• 1M: 3.82%
• YTD: 7.68%
• 6M: 7.73%
• 1Y: 18.92%
• 3Y*: 16.10%
• 5Y*: 8.37%
• 10Y*: —

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

JPEF vs. VFQY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPEF JPMorgan Equity Focus ETF	7.80%	12.07%	28.19%	5.72%
VFQY Vanguard U.S. Quality Factor ETF	7.68%	10.24%	12.93%	6.87%

Correlation

The correlation between JPEF and VFQY is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.81

The correlation between JPEF and VFQY has been stable across timeframes, ranging from 0.73 to 0.81 - a consistent structural relationship.

JPEF vs. VFQY - Sectors Allocation Comparison

Sectors	JPEF	VFQY
Technology	29.0%	25.8%
Financial Services	14.0%	18.9%
Communication Services	12.1%	2.8%
Consumer Cyclical	11.8%	13.3%
Industrials	9.3%	16.8%
Healthcare	8.7%	8.9%
Energy	5.2%	2.2%
Utilities	2.9%	-
Real Estate	2.6%	-
Basic Materials	2.2%	2.2%
Consumer Defensive	2.0%	9.2%

Return for Risk

JPEF vs. VFQY — Risk / Return Rank

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

JPEF

JPEF Risk / Return Rank: 51
JPEF Sharpe Ratio Rank: 49
JPEF Sortino Ratio Rank: 49
JPEF Omega Ratio Rank: 50
JPEF Calmar Ratio Rank: 48
JPEF Martin Ratio Rank: 60

VFQY

VFQY Risk / Return Rank: 41
VFQY Sharpe Ratio Rank: 39
VFQY Sortino Ratio Rank: 40
VFQY Omega Ratio Rank: 36
VFQY Calmar Ratio Rank: 42
VFQY Martin Ratio Rank: 46

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.

JPEF vs. VFQY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Focus ETF (JPEF) and Vanguard U.S. Quality Factor ETF (VFQY). 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.

	JPEF	VFQY	Difference
Sharpe ratio Return per unit of total volatility	1.72	1.41	+0.30
Sortino ratio Return per unit of downside risk	2.43	2.07	+0.36
Omega ratio Gain probability vs. loss probability	1.32	1.24	+0.07
Calmar ratio Return relative to maximum drawdown	2.36	2.08	+0.28
Martin ratio Return relative to average drawdown	10.68	7.71	+2.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPEF vs. VFQY - Sharpe Ratio Comparison

The current JPEF Sharpe Ratio is 1.72, which is comparable to the VFQY Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of JPEF and VFQY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JPEF	VFQY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.72	1.41	+0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	0.54	+0.73

Drawdowns

JPEF vs. VFQY - Drawdown Comparison

The maximum JPEF drawdown since its inception was -18.09%, smaller than the maximum VFQY drawdown of -37.41%. Use the drawdown chart below to compare losses from any high point for JPEF and VFQY.

Drawdown Indicators

	JPEF	VFQY	Difference
Max Drawdown Largest peak-to-trough decline	-18.09%	-37.41%	+19.32%
Max Drawdown (1Y) Largest decline over 1 year	-8.25%	-9.12%	+0.87%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.67%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.93%	—
Current Drawdown Current decline from peak	-0.81%	-0.31%	-0.50%
Average Drawdown Average peak-to-trough decline	-2.15%	-6.69%	+4.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	2.46%	-0.64%

Volatility

JPEF vs. VFQY - Volatility Comparison

JPMorgan Equity Focus ETF (JPEF) has a higher volatility of 3.01% compared to Vanguard U.S. Quality Factor ETF (VFQY) at 2.70%. This indicates that JPEF's price experiences larger fluctuations and is considered to be riskier than VFQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPEF	VFQY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.01%	2.70%	+0.31%
Volatility (6M) Calculated over the trailing 6-month period	8.64%	9.48%	-0.84%
Volatility (1Y) Calculated over the trailing 1-year period	11.38%	13.52%	-2.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.02%	18.33%	-3.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.02%	20.87%	-5.85%

JPEF vs. VFQY - Expense Ratio Comparison

JPEF has a 0.50% expense ratio, which is higher than VFQY's 0.13% expense ratio.

Dividends

JPEF vs. VFQY - Dividend Comparison

JPEF's dividend yield for the trailing twelve months is around 0.65%, less than VFQY's 1.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JPEF JPMorgan Equity Focus ETF	0.65%	0.70%	0.71%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%
VFQY Vanguard U.S. Quality Factor ETF	1.10%	1.17%	1.34%	1.38%	1.43%	0.98%	1.22%	1.34%	1.31%

Frequently Asked Questions

Can I hold both JPEF and VFQY in my portfolio?

JPEF and VFQY have a correlation of 0.73, 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 VFQY?

JPEF has higher volatility (3.01%) compared to VFQY (2.70%). In terms of maximum drawdown, JPEF dropped -18.09% vs VFQY's -37.41%.

Which ETF is better, JPEF or VFQY?

On 1-year performance, JPEF leads with 19.43% vs 18.92% for VFQY. On fees, VFQY is cheaper at 0.13% per year. On volatility, VFQY has been the lower-risk option at 2.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPEF or VFQY?

Over the 1-year period, JPEF has performed better with a 19.43% return vs 18.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPEF or VFQY?

VFQY is cheaper with a 0.13% expense ratio, compared with 0.50% for JPEF.

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

VFQY has the higher dividend yield at 1.10%, compared with 0.65% for JPEF.

What is the main difference between JPEF and VFQY?

JPEF is categorized as Large Cap Blend Equities, while VFQY is Mid Cap Blend Equities. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.50% for JPEF and 0.13% for VFQY.

Which has better risk-adjusted returns?

JPEF currently has the higher Sharpe Ratio (1.72 vs 1.41), 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.