JPIN vs. PATN

Last updated Jun 25, 2026

JPIN (J.P. Morgan Diversified Return International Equity ETF) and PATN (Pacer Nasdaq International Patent Leaders ETF) are both Foreign Large Cap Equities funds - JPIN tracks the JPMorgan Diversified Factor International Equity Index while PATN tracks the Nasdaq International Patent Leaders Index. Both are passively managed. Over the past year, JPIN returned 18.84% vs 62.18% for PATN. A 0.79 correlation means they provide meaningful diversification when combined. JPIN charges 0.37%/yr vs 0.65%/yr for PATN.

Performance

JPIN vs. PATN - 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 Pacer Nasdaq International Patent Leaders ETF (PATN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPIN achieves a 6.95% return, which is significantly lower than PATN's 34.95% return.

JPIN

• 1D: 0.17%
• 1M: -1.77%
• YTD: 6.95%
• 6M: 6.56%
• 1Y: 18.84%
• 3Y*: 17.21%
• 5Y*: 7.47%
• 10Y*: 8.14%

PATN

• 1D: 0.23%
• 1M: 4.25%
• YTD: 34.95%
• 6M: 35.67%
• 1Y: 62.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPIN vs. PATN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JPIN J.P. Morgan Diversified Return International Equity ETF	6.95%	33.27%	-8.38%
PATN Pacer Nasdaq International Patent Leaders ETF	34.95%	40.01%	-1.73%

Correlation

The correlation between JPIN and PATN is 0.80, 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	0.80
Correlation (All Time) Calculated using the full available price history since Sep 17, 2024	0.79

The correlation between JPIN and PATN has been stable across timeframes, ranging from 0.79 to 0.80 - a consistent structural relationship.

JPIN vs. PATN - Sectors Allocation Comparison

Sectors	JPIN	PATN
Industrials	10.2%	14.8%
Basic Materials	8.9%	2.4%
Consumer Defensive	8.2%	5.2%
Utilities	7.1%	-
Communication Services	7.0%	6.1%
Financial Services	7.0%	0.5%
Healthcare	6.7%	9.4%
Real Estate	6.5%	-
Consumer Cyclical	5.7%	7.0%
Energy	4.4%	2.1%
Technology	4.4%	52.5%

Return for Risk

JPIN vs. PATN — Risk / Return Rank

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

JPIN

JPIN Risk / Return Rank: 41
JPIN Sharpe Ratio Rank: 42
JPIN Sortino Ratio Rank: 41
JPIN Omega Ratio Rank: 41
JPIN Calmar Ratio Rank: 40
JPIN Martin Ratio Rank: 42

PATN

PATN Risk / Return Rank: 87
PATN Sharpe Ratio Rank: 89
PATN Sortino Ratio Rank: 83
PATN Omega Ratio Rank: 87
PATN Calmar Ratio Rank: 87
PATN Martin Ratio Rank: 88

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.

JPIN vs. PATN - 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 Pacer Nasdaq International Patent Leaders ETF (PATN). 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	PATN	Difference
Sharpe ratio: Return per unit of total volatility	1.34	2.62	-1.28
Sortino ratio: Return per unit of downside risk	1.92	3.24	-1.32
Omega ratio: Gain probability vs. loss probability	1.25	1.47	-0.23
Calmar ratio: Return relative to maximum drawdown	1.82	4.34	-2.52
Martin ratio: Return relative to average drawdown	6.12	16.83	-10.71

JPIN vs. PATN - Sharpe Ratio Comparison

The current JPIN Sharpe Ratio is 1.34, which is lower than the PATN Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of JPIN and PATN, 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. PATN - Drawdown Comparison

The maximum JPIN drawdown since its inception was -36.69%, which is greater than PATN's maximum drawdown of -16.77%. Use the drawdown chart below to compare losses from any high point for JPIN and PATN.

Drawdown Indicators

	JPIN	PATN	Difference
Max Drawdown Largest peak-to-trough decline	-36.69%	-16.77%	-19.92%
Max Drawdown (1Y) Largest decline over 1 year	-10.41%	-14.40%	+3.99%
Max Drawdown (3Y) Largest decline over 3 years	-12.32%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.61%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.69%	—	—
Current Drawdown Current decline from peak	-5.32%	-4.97%	-0.35%
Average Drawdown Average peak-to-trough decline	-7.01%	-3.17%	-3.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	3.71%	-0.62%

Volatility

JPIN vs. PATN - Volatility Comparison

The current volatility for J.P. Morgan Diversified Return International Equity ETF (JPIN) is 4.93%, while Pacer Nasdaq International Patent Leaders ETF (PATN) has a volatility of 12.88%. This indicates that JPIN experiences smaller price fluctuations and is considered to be less risky than PATN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPIN	PATN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	12.88%	-7.95%
Volatility (6M) Calculated over the trailing 6-month period	12.09%	21.37%	-9.28%
Volatility (1Y) Calculated over the trailing 1-year period	14.16%	23.91%	-9.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.62%	22.24%	-7.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.81%	22.24%	-6.43%

JPIN vs. PATN - Expense Ratio Comparison

JPIN has a 0.37% expense ratio, which is lower than PATN's 0.65% expense ratio.

Dividends

JPIN vs. PATN - Dividend Comparison

JPIN's dividend yield for the trailing twelve months is around 4.27%, more than PATN's 1.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPIN J.P. Morgan Diversified Return International Equity ETF	4.27%	4.50%	4.20%	6.22%	3.06%	5.03%	2.45%	3.30%	2.72%	2.12%	1.67%	2.18%
PATN Pacer Nasdaq International Patent Leaders ETF	1.61%	2.25%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JPIN and PATN in my portfolio?

JPIN and PATN have a correlation of 0.80, 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 PATN?

PATN has higher volatility (12.88%) compared to JPIN (4.93%). In terms of maximum drawdown, JPIN dropped -36.69% vs PATN's -16.77%.

Which ETF is better, JPIN or PATN?

On 1-year performance, PATN leads with 62.18% vs 18.84% for JPIN. On fees, JPIN is cheaper at 0.37% per year. On volatility, JPIN has been the lower-risk option at 4.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPIN or PATN?

Over the 1-year period, PATN has performed better with a 62.18% return vs 18.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPIN or PATN?

JPIN is cheaper with a 0.37% expense ratio, compared with 0.65% for PATN.

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

JPIN has the higher dividend yield at 4.27%, compared with 1.61% for PATN.

What is the main difference between JPIN and PATN?

JPIN tracks JPMorgan Diversified Factor International Equity Index, while PATN tracks Nasdaq International Patent Leaders Index. They also come from different issuers: JPMorgan and Pacer. Their fees differ too: 0.37% for JPIN and 0.65% for PATN.

Which has better risk-adjusted returns?

PATN currently has the higher Sharpe Ratio (2.62 vs 1.34), 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.