JPME vs. DEUS

Last updated Jun 24, 2026

JPME (JPMorgan Diversified Return US Mid Cap Equity ETF) and DEUS (Xtrackers Russell US Multifactor ETF) are both Mid Cap Blend Equities funds - JPME tracks the JPMorgan Diversified Factor US Mid Cap Equity Index while DEUS tracks the Russell 1000 Comprehensive Factor Index. Both are passively managed. Over the past 10 years, JPME returned 11.17%/yr vs 11.66%/yr for DEUS. Their correlation of 0.94 suggests significant overlap in exposure. JPME charges 0.24%/yr vs 0.17%/yr for DEUS.

Performance

JPME vs. DEUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Diversified Return US Mid Cap Equity ETF (JPME) and Xtrackers Russell US Multifactor ETF (DEUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPME achieves a 13.31% return, which is significantly higher than DEUS's 11.57% return. Both investments have delivered pretty close results over the past 10 years, with JPME having a 11.17% annualized return and DEUS not far ahead at 11.66%.

JPME

• 1D: -0.50%
• 1M: 0.96%
• YTD: 13.31%
• 6M: 12.30%
• 1Y: 21.44%
• 3Y*: 15.07%
• 5Y*: 8.96%
• 10Y*: 11.17%

DEUS

• 1D: -0.33%
• 1M: 1.48%
• YTD: 11.57%
• 6M: 10.83%
• 1Y: 18.59%
• 3Y*: 15.98%
• 5Y*: 9.71%
• 10Y*: 11.66%

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

JPME vs. DEUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JPME JPMorgan Diversified Return US Mid Cap Equity ETF	13.31%	8.26%	13.55%	11.28%	-10.12%	28.90%	8.46%	25.87%	-8.92%	19.09%
DEUS Xtrackers Russell US Multifactor ETF	11.57%	10.41%	14.33%	14.73%	-11.18%	26.31%	8.81%	28.80%	-9.16%	20.20%

Correlation

The correlation between JPME and DEUS is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since May 18, 2016	0.94

The correlation between JPME and DEUS has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

JPME vs. DEUS - Sectors Allocation Comparison

Sectors	JPME	DEUS
Technology	13.0%	17.7%
Real Estate	11.5%	4.2%
Industrials	11.4%	17.0%
Healthcare	11.2%	11.4%
Consumer Defensive	9.2%	7.3%
Utilities	9.0%	6.9%
Consumer Cyclical	8.9%	10.5%
Financial Services	7.8%	11.7%
Basic Materials	7.2%	4.5%
Energy	7.1%	5.1%
Communication Services	3.7%	3.7%

Return for Risk

JPME vs. DEUS — Risk / Return Rank

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

JPME

JPME Risk / Return Rank: 60
JPME Sharpe Ratio Rank: 56
JPME Sortino Ratio Rank: 58
JPME Omega Ratio Rank: 52
JPME Calmar Ratio Rank: 67
JPME Martin Ratio Rank: 68

DEUS

DEUS Risk / Return Rank: 56
DEUS Sharpe Ratio Rank: 53
DEUS Sortino Ratio Rank: 54
DEUS Omega Ratio Rank: 49
DEUS Calmar Ratio Rank: 60
DEUS Martin Ratio Rank: 62

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.

JPME vs. DEUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Diversified Return US Mid Cap Equity ETF (JPME) and Xtrackers Russell US Multifactor ETF (DEUS). 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.

	JPME	DEUS	Difference
Sharpe ratio: Return per unit of total volatility	1.77	1.67	+0.10
Sortino ratio: Return per unit of downside risk	2.58	2.46	+0.12
Omega ratio: Gain probability vs. loss probability	1.30	1.29	+0.01
Calmar ratio: Return relative to maximum drawdown	3.15	2.73	+0.42
Martin ratio: Return relative to average drawdown	11.64	10.35	+1.29

JPME vs. DEUS - Sharpe Ratio Comparison

The current JPME Sharpe Ratio is 1.77, which is comparable to the DEUS Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of JPME and DEUS, 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

JPME vs. DEUS - Drawdown Comparison

The maximum JPME drawdown since its inception was -41.01%, roughly equal to the maximum DEUS drawdown of -40.47%. Use the drawdown chart below to compare losses from any high point for JPME and DEUS.

Drawdown Indicators

	JPME	DEUS	Difference
Max Drawdown Largest peak-to-trough decline	-41.01%	-40.47%	-0.54%
Max Drawdown (1Y) Largest decline over 1 year	-6.84%	-6.83%	-0.01%
Max Drawdown (3Y) Largest decline over 3 years	-18.70%	-16.69%	-2.01%
Max Drawdown (5Y) Largest decline over 5 years	-19.30%	-20.89%	+1.59%
Max Drawdown (10Y) Largest decline over 10 years	-41.01%	-40.47%	-0.54%
Current Drawdown Current decline from peak	-1.71%	-1.12%	-0.59%
Average Drawdown Average peak-to-trough decline	-4.37%	-4.32%	-0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	1.80%	+0.05%

Volatility

JPME vs. DEUS - Volatility Comparison

JPMorgan Diversified Return US Mid Cap Equity ETF (JPME) has a higher volatility of 3.37% compared to Xtrackers Russell US Multifactor ETF (DEUS) at 3.20%. This indicates that JPME's price experiences larger fluctuations and is considered to be riskier than DEUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPME	DEUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	3.20%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	8.67%	8.38%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	12.19%	11.22%	+0.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.14%	15.56%	+0.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.70%	17.97%	-0.27%

JPME vs. DEUS - Expense Ratio Comparison

JPME has a 0.24% expense ratio, which is higher than DEUS's 0.17% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

JPME vs. DEUS - Dividend Comparison

JPME's dividend yield for the trailing twelve months is around 1.82%, more than DEUS's 1.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DEUS Xtrackers Russell US Multifactor ETF	1.43%	1.59%	1.36%	1.49%	1.74%	1.14%	1.61%	1.65%	1.77%	1.31%	2.75%
JPME JPMorgan Diversified Return US Mid Cap Equity ETF	1.82%	2.03%	1.77%	1.84%	1.84%	1.44%	1.51%	1.68%	1.80%	1.17%	0.91%

Frequently Asked Questions

Can I hold both JPME and DEUS in my portfolio?

With a correlation of 0.95, JPME and DEUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JPME or DEUS?

JPME has higher volatility (3.37%) compared to DEUS (3.20%). In terms of maximum drawdown, JPME dropped -41.01% vs DEUS's -40.47%.

Which ETF is better, JPME or DEUS?

On 10-year performance, DEUS leads with 11.66% vs 11.17% for JPME. On fees, DEUS is cheaper at 0.17% per year. On volatility, DEUS has been the lower-risk option at 3.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPME or DEUS?

Over the 10-year period, DEUS has performed better with a 11.66% return vs 11.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPME or DEUS?

DEUS is cheaper with a 0.17% expense ratio, compared with 0.24% for JPME.

Which ETF pays a higher dividend yield, JPME or DEUS?

JPME has the higher dividend yield at 1.82%, compared with 1.43% for DEUS.

What is the main difference between JPME and DEUS?

JPME tracks JPMorgan Diversified Factor US Mid Cap Equity Index, while DEUS tracks Russell 1000 Comprehensive Factor Index. They also come from different issuers: JPMorgan and Xtrackers. Their fees differ too: 0.24% for JPME and 0.17% for DEUS.

Which has better risk-adjusted returns?

JPME currently has the higher Sharpe Ratio (1.77 vs 1.67), 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.