JPEM vs. EEM
Compare and contrast key facts about J.P. Morgan Diversified Return Emerging Markets Equity ETF (JPEM) and iShares MSCI Emerging Markets ETF (EEM).
JPEM and EEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPEM is a passively managed fund by JPMorgan Chase that tracks the performance of the JPMorgan Diversified Factor Emerging Markets Equity Index. It was launched on Jan 7, 2015. EEM is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Index. It was launched on Apr 11, 2003. Both JPEM and EEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPEM or EEM.
Key characteristics
| JPEM | EEM | |
|---|---|---|
| YTD Return | 5.44% | 8.15% |
| 1Y Return | 11.07% | 12.58% |
| 3Y Return (Ann) | 1.84% | -3.73% |
| 5Y Return (Ann) | 3.99% | 2.33% |
| Sharpe Ratio | 1.09 | 0.99 |
| Sortino Ratio | 1.57 | 1.48 |
| Omega Ratio | 1.20 | 1.18 |
| Calmar Ratio | 1.66 | 0.51 |
| Martin Ratio | 4.99 | 5.00 |
| Ulcer Index | 2.67% | 3.11% |
| Daily Std Dev | 12.25% | 15.79% |
| Max Drawdown | -40.22% | -66.44% |
| Current Drawdown | -7.49% | -19.59% |
Correlation
The correlation between JPEM and EEM is 0.89, 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
JPEM vs. EEM - Performance Comparison
In the year-to-date period, JPEM achieves a 5.44% return, which is significantly lower than EEM's 8.15% 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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JPEM vs. EEM - Expense Ratio Comparison
JPEM has a 0.44% expense ratio, which is lower than EEM's 0.68% expense ratio.
Risk-Adjusted Performance
JPEM vs. EEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for J.P. Morgan Diversified Return Emerging Markets Equity ETF (JPEM) and iShares MSCI Emerging Markets ETF (EEM). 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
JPEM vs. EEM - Dividend Comparison
JPEM's dividend yield for the trailing twelve months is around 4.46%, more than EEM's 2.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPEM J.P. Morgan Diversified Return Emerging Markets Equity ETF | 4.46% | 4.46% | 4.71% | 4.40% | 2.85% | 3.47% | 2.79% | 2.14% | 1.28% | 3.22% | 0.00% | 0.00% |
EEM iShares MSCI Emerging Markets ETF | 2.40% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.24% | 1.89% | 1.89% | 2.49% | 2.23% | 2.06% |
Drawdowns
JPEM vs. EEM - Drawdown Comparison
The maximum JPEM drawdown since its inception was -40.22%, smaller than the maximum EEM drawdown of -66.44%. Use the drawdown chart below to compare losses from any high point for JPEM and EEM. For additional features, visit the drawdowns tool.
Volatility
JPEM vs. EEM - Volatility Comparison
The current volatility for J.P. Morgan Diversified Return Emerging Markets Equity ETF (JPEM) is 3.64%, while iShares MSCI Emerging Markets ETF (EEM) has a volatility of 4.87%. This indicates that JPEM experiences smaller price fluctuations and is considered to be less risky than EEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.