JPIN vs. IPOS

Last updated Aug 5, 2026

JPIN (J.P. Morgan Diversified Return International Equity ETF) and IPOS (Renaissance International IPO ETF) are both Foreign Large Cap Equities funds - JPIN tracks the JPMorgan Diversified Factor International Equity Index while IPOS tracks the Renaissance International IPO Index. Both are passively managed. Over the past 10 years, JPIN returned 7.95%/yr vs 2.80%/yr for IPOS. Their 0.52 correlation means they have sometimes moved together and sometimes differently. JPIN charges 0.37%/yr vs 0.80%/yr for IPOS.

Performance

JPIN vs. IPOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in J.P. Morgan Diversified Return International Equity ETF (JPIN) and Renaissance International IPO ETF (IPOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPIN achieves a 13.08% return, which is significantly lower than IPOS's 38.69% return. Over the past 10 years, JPIN has outperformed IPOS with an annualized return of 7.95%, while IPOS has yielded a comparatively lower 2.80% annualized return.

JPIN

• 1D: 1.06%
• 1M: 3.91%
• 6M: 6.41%
• YTD: 13.08%
• 1Y: 23.83%
• 3Y*: 18.27%
• 5Y*: 8.72%
• 10Y*: 7.95%
• ALL TIME*: 7.18%

IPOS

• 1D: 3.52%
• 1M: -4.80%
• 6M: 25.09%
• YTD: 38.69%
• 1Y: 53.57%
• 3Y*: 14.51%
• 5Y*: -6.31%
• 10Y*: 2.80%
• ALL TIME*: 2.01%

*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)
IPOS Renaissance International IPO ETF	$101.01K	$73.10K	$105.19K
JPIN J.P. Morgan Diversified Return International Equity ETF	$315.55K	$690.45K	$660.86K

JPIN vs. IPOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JPIN J.P. Morgan Diversified Return International Equity ETF	13.08%	33.27%	2.66%	17.45%	-14.14%	6.79%	4.85%	16.07%	-13.12%	25.32%
IPOS Renaissance International IPO ETF	38.69%	39.93%	-12.34%	-16.49%	-33.46%	-30.62%	50.71%	30.93%	-22.33%	36.83%

Correlation

The correlation between JPIN and IPOS is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (3Y) Balances recent behavior with more history.	0.59
Correlation (5Y) Shows whether the relationship held over a longer period.	0.63
Correlation (10Y) Provides a long-term view across more market conditions.	0.56
Correlation (All Time) Calculated using the full available price history since Nov 7, 2014	0.52

The correlation between JPIN and IPOS shifts across timeframes, from 0.49 (1 year) to 0.63 (5 years), reflecting how their relationship changes across market environments.

JPIN vs. IPOS - Sectors Allocation Comparison

Sectors	JPIN	IPOS
Industrials	10.4%	14.5%
Real Estate	8.6%	-
Consumer Defensive	8.5%	6.1%
Healthcare	8.3%	17.7%
Basic Materials	8.0%	4.4%
Financial Services	7.4%	7.5%
Consumer Cyclical	7.3%	3.4%
Utilities	6.6%	3.1%
Communication Services	5.6%	0.3%
Energy	4.4%	4.9%
Technology	3.9%	46.6%

Return for Risk

JPIN vs. IPOS — Risk / Return Rank

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

JPIN

JPIN Risk / Return Rank: 61
JPIN Sharpe Ratio Rank: 64
JPIN Sortino Ratio Rank: 64
JPIN Omega Ratio Rank: 64
JPIN Calmar Ratio Rank: 58
JPIN Martin Ratio Rank: 56

IPOS

IPOS Risk / Return Rank: 60
IPOS Sharpe Ratio Rank: 58
IPOS Sortino Ratio Rank: 53
IPOS Omega Ratio Rank: 56
IPOS Calmar Ratio Rank: 74
IPOS Martin Ratio Rank: 59

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.

JPIN vs. IPOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for J.P. Morgan Diversified Return International Equity ETF (JPIN) and Renaissance International IPO ETF (IPOS). 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.

	JPIN	IPOS	Difference
Sharpe ratio: Return per unit of total volatility	1.69	1.57	+0.12
Sortino ratio: Return per unit of downside risk	2.40	2.12	+0.28
Omega ratio: Gain probability vs. loss probability	1.31	1.28	+0.02
Calmar ratio: Return relative to maximum drawdown	2.30	2.95	-0.65
Martin ratio: Return relative to average drawdown	7.39	8.00	-0.61

JPIN vs. IPOS - Sharpe Ratio Comparison

The current JPIN Sharpe Ratio is 1.69, which is comparable to the IPOS Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of JPIN and IPOS, 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

JPIN vs. IPOS - Drawdown Comparison

The maximum JPIN drawdown since its inception was -36.69%, smaller than the maximum IPOS drawdown of -73.09%. Use the drawdown chart below to compare losses from any high point for JPIN and IPOS.

Drawdown Indicators

	JPIN	IPOS	Difference
Max Drawdown Largest peak-to-trough decline	-36.69%	-73.09%	+36.40%
Max Drawdown (1Y) Largest decline over 1 year	-10.41%	-18.27%	+7.86%
Max Drawdown (3Y) Largest decline over 3 years	-12.32%	-31.44%	+19.12%
Max Drawdown (5Y) Largest decline over 5 years	-29.61%	-67.38%	+37.77%
Max Drawdown (10Y) Largest decline over 10 years	-36.69%	-73.09%	+36.40%
Current Drawdown Current decline from peak	-0.11%	-41.06%	+40.95%
Average Drawdown Average peak-to-trough decline	-6.97%	-32.10%	+25.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	6.72%	-3.49%

Volatility

JPIN vs. IPOS - Volatility Comparison

The current volatility for J.P. Morgan Diversified Return International Equity ETF (JPIN) is 3.73%, while Renaissance International IPO ETF (IPOS) has a volatility of 10.84%. This indicates that JPIN experiences smaller price fluctuations and is considered to be less risky than IPOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPIN	IPOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.73%	10.84%	-7.11%
Volatility (6M) Calculated over the trailing 6-month period	12.34%	31.50%	-19.16%
Volatility (1Y) Calculated over the trailing 1-year period	14.24%	34.33%	-20.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.65%	28.21%	-13.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.79%	24.63%	-8.84%

JPIN vs. IPOS - Expense Ratio Comparison

JPIN has a 0.37% expense ratio, which is lower than IPOS's 0.80% expense ratio.

Dividends

JPIN vs. IPOS - Dividend Comparison

JPIN's dividend yield for the trailing twelve months is around 4.04%, more than IPOS's 0.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IPOS Renaissance International IPO ETF	0.34%	1.04%	0.93%	0.33%	0.00%	0.00%	0.25%	0.89%	1.12%	0.87%	1.73%	1.08%
JPIN J.P. Morgan Diversified Return International Equity ETF	4.04%	4.50%	4.20%	6.22%	3.06%	5.03%	2.45%	3.30%	2.72%	2.12%	1.67%	2.18%

Frequently Asked Questions

Can I hold both JPIN and IPOS in my portfolio?

JPIN and IPOS have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPIN or IPOS?

IPOS has higher volatility (10.84%) compared to JPIN (3.73%). In terms of maximum drawdown, JPIN dropped -36.69% vs IPOS's -73.09%.

Which ETF is better, JPIN or IPOS?

On 10-year performance, JPIN leads with 7.95% vs 2.80% for IPOS. On fees, JPIN is cheaper at 0.37% per year. On volatility, JPIN has been the lower-risk option at 3.73%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPIN or IPOS?

Over the 10-year period, JPIN has performed better with a 7.95% return vs 2.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPIN or IPOS?

JPIN is cheaper with a 0.37% expense ratio, compared with 0.80% for IPOS.

Which ETF pays a higher dividend yield, JPIN or IPOS?

JPIN has the higher dividend yield at 4.04%, compared with 0.34% for IPOS.

What is the main difference between JPIN and IPOS?

JPIN tracks JPMorgan Diversified Factor International Equity Index, while IPOS tracks Renaissance International IPO Index. They also come from different issuers: JPMorgan and Renaissance Capital. Their fees differ too: 0.37% for JPIN and 0.80% for IPOS.

Which has better risk-adjusted returns?

JPIN currently has the higher Sharpe Ratio (1.69 vs 1.57), 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.