JPEF vs. XLG
Compare and contrast key facts about JPMorgan Equity Focus ETF (JPEF) and Invesco S&P 500® Top 50 ETF (XLG).
JPEF and XLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPEF is an actively managed fund by JPMorgan. It was launched on Jul 29, 2011. XLG is a passively managed fund by Invesco that tracks the performance of the Russell Top 50 Index. It was launched on May 10, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPEF or XLG.
Key characteristics
| JPEF | XLG | |
|---|---|---|
| YTD Return | 30.84% | 32.88% |
| 1Y Return | 43.46% | 43.26% |
| Sharpe Ratio | 3.28 | 2.84 |
| Sortino Ratio | 4.42 | 3.69 |
| Omega Ratio | 1.61 | 1.52 |
| Calmar Ratio | 5.09 | 3.71 |
| Martin Ratio | 22.62 | 15.46 |
| Ulcer Index | 1.89% | 2.72% |
| Daily Std Dev | 13.02% | 14.80% |
| Max Drawdown | -9.38% | -52.39% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between JPEF and XLG is 0.91, 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.
Performance
JPEF vs. XLG - Performance Comparison
In the year-to-date period, JPEF achieves a 30.84% return, which is significantly lower than XLG's 32.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JPEF vs. XLG - Expense Ratio Comparison
JPEF has a 0.50% expense ratio, which is higher than XLG's 0.20% expense ratio.
Risk-Adjusted Performance
JPEF vs. XLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Focus ETF (JPEF) and Invesco S&P 500® Top 50 ETF (XLG). 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.
Dividends
JPEF vs. XLG - Dividend Comparison
JPEF's dividend yield for the trailing twelve months is around 0.30%, less than XLG's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPEF JPMorgan Equity Focus ETF | 0.30% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLG Invesco S&P 500® Top 50 ETF | 0.72% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% | 1.97% | 1.97% |
Drawdowns
JPEF vs. XLG - Drawdown Comparison
The maximum JPEF drawdown since its inception was -9.38%, smaller than the maximum XLG drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for JPEF and XLG. For additional features, visit the drawdowns tool.
Volatility
JPEF vs. XLG - Volatility Comparison
JPMorgan Equity Focus ETF (JPEF) and Invesco S&P 500® Top 50 ETF (XLG) have volatilities of 4.59% and 4.66%, 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.