JPUS vs. VALQ

Last updated Jun 24, 2026

JPUS (JPMorgan Diversified Return US Equity ETF) and VALQ (American Century STOXX U.S. Quality Value ETF) are both exchange-traded funds - JPUS is a Large Cap Blend Equities fund tracking the JPMorgan Diversified Factor US Equity Index, while VALQ is a Large Cap Value Equities fund tracking the iSTOXX American Century USA Quality Value Index. Both are passively managed. Over the past 5 years, JPUS returned 9.94%/yr vs 8.88%/yr for VALQ. Their correlation of 0.92 suggests significant overlap in exposure. JPUS charges 0.18%/yr vs 0.29%/yr for VALQ.

Performance

JPUS vs. VALQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Diversified Return US Equity ETF (JPUS) and American Century STOXX U.S. Quality Value ETF (VALQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPUS achieves a 12.21% return, which is significantly higher than VALQ's 4.29% return.

JPUS

• 1D: -0.54%
• 1M: 1.04%
• YTD: 12.21%
• 6M: 11.30%
• 1Y: 20.72%
• 3Y*: 15.87%
• 5Y*: 9.94%
• 10Y*: 11.73%

VALQ

• 1D: -0.49%
• 1M: -0.37%
• YTD: 4.29%
• 6M: 3.54%
• 1Y: 14.31%
• 3Y*: 14.29%
• 5Y*: 8.88%
• 10Y*: —

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

JPUS vs. VALQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JPUS JPMorgan Diversified Return US Equity ETF	12.21%	11.18%	13.48%	10.98%	-8.47%	29.09%	7.54%	25.50%	-8.90%
VALQ American Century STOXX U.S. Quality Value ETF	4.29%	10.58%	16.71%	13.87%	-7.73%	27.05%	0.64%	24.52%	-10.92%

Correlation

The correlation between JPUS and VALQ is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jan 16, 2018	0.92

The correlation between JPUS and VALQ has been stable across timeframes, ranging from 0.86 to 0.94 - a consistent structural relationship.

JPUS vs. VALQ - Sectors Allocation Comparison

Sectors	JPUS	VALQ
Technology	12.7%	33.5%
Healthcare	11.6%	14.9%
Consumer Defensive	11.0%	13.5%
Real Estate	10.5%	0.8%
Industrials	10.3%	10.7%
Utilities	9.1%	-
Consumer Cyclical	8.6%	9.4%
Financial Services	7.8%	4.5%
Basic Materials	7.0%	1.9%
Energy	6.8%	4.0%
Communication Services	4.6%	6.8%

Return for Risk

JPUS vs. VALQ — Risk / Return Rank

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

JPUS

JPUS Risk / Return Rank: 65
JPUS Sharpe Ratio Rank: 64
JPUS Sortino Ratio Rank: 66
JPUS Omega Ratio Rank: 60
JPUS Calmar Ratio Rank: 64
JPUS Martin Ratio Rank: 70

VALQ

VALQ Risk / Return Rank: 38
VALQ Sharpe Ratio Rank: 38
VALQ Sortino Ratio Rank: 39
VALQ Omega Ratio Rank: 36
VALQ Calmar Ratio Rank: 39
VALQ Martin Ratio Rank: 36

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.

JPUS vs. VALQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Diversified Return US Equity ETF (JPUS) and American Century STOXX U.S. Quality Value ETF (VALQ). 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.

	JPUS	VALQ	Difference
Sharpe ratio: Return per unit of total volatility	1.98	1.28	+0.70
Sortino ratio: Return per unit of downside risk	2.87	1.90	+0.97
Omega ratio: Gain probability vs. loss probability	1.35	1.23	+0.12
Calmar ratio: Return relative to maximum drawdown	3.02	1.83	+1.19
Martin ratio: Return relative to average drawdown	12.07	5.18	+6.89

JPUS vs. VALQ - Sharpe Ratio Comparison

The current JPUS Sharpe Ratio is 1.98, which is higher than the VALQ Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of JPUS and VALQ, 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

JPUS vs. VALQ - Drawdown Comparison

The maximum JPUS drawdown since its inception was -38.69%, roughly equal to the maximum VALQ drawdown of -38.19%. Use the drawdown chart below to compare losses from any high point for JPUS and VALQ.

Drawdown Indicators

	JPUS	VALQ	Difference
Max Drawdown Largest peak-to-trough decline	-38.69%	-38.19%	-0.50%
Max Drawdown (1Y) Largest decline over 1 year	-6.90%	-7.85%	+0.95%
Max Drawdown (3Y) Largest decline over 3 years	-15.96%	-15.62%	-0.34%
Max Drawdown (5Y) Largest decline over 5 years	-19.04%	-20.19%	+1.15%
Max Drawdown (10Y) Largest decline over 10 years	-38.69%	—	—
Current Drawdown Current decline from peak	-1.49%	-2.05%	+0.56%
Average Drawdown Average peak-to-trough decline	-3.81%	-4.92%	+1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	2.77%	-1.05%

Volatility

JPUS vs. VALQ - Volatility Comparison

The current volatility for JPMorgan Diversified Return US Equity ETF (JPUS) is 3.05%, while American Century STOXX U.S. Quality Value ETF (VALQ) has a volatility of 3.59%. This indicates that JPUS experiences smaller price fluctuations and is considered to be less risky than VALQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPUS	VALQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.05%	3.59%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	7.75%	8.30%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	10.54%	11.26%	-0.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.49%	14.50%	-0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.75%	17.63%	-0.88%

JPUS vs. VALQ - Expense Ratio Comparison

JPUS has a 0.18% expense ratio, which is lower than VALQ's 0.29% expense ratio.

Dividends

JPUS vs. VALQ - Dividend Comparison

JPUS's dividend yield for the trailing twelve months is around 2.03%, less than VALQ's 2.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPUS JPMorgan Diversified Return US Equity ETF	2.03%	2.27%	2.12%	2.26%	2.35%	1.67%	1.94%	2.09%	2.16%	1.25%	0.77%	0.48%
VALQ American Century STOXX U.S. Quality Value ETF	2.35%	1.88%	1.58%	1.76%	2.71%	1.58%	2.08%	2.31%	2.35%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JPUS and VALQ in my portfolio?

JPUS and VALQ have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPUS or VALQ?

VALQ has higher volatility (3.59%) compared to JPUS (3.05%). In terms of maximum drawdown, JPUS dropped -38.69% vs VALQ's -38.19%.

Which ETF is better, JPUS or VALQ?

On 5-year performance, JPUS leads with 9.94% vs 8.88% for VALQ. On fees, JPUS is cheaper at 0.18% per year. On volatility, JPUS has been the lower-risk option at 3.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPUS or VALQ?

Over the 5-year period, JPUS has performed better with a 9.94% return vs 8.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPUS or VALQ?

JPUS is cheaper with a 0.18% expense ratio, compared with 0.29% for VALQ.

Which ETF pays a higher dividend yield, JPUS or VALQ?

VALQ has the higher dividend yield at 2.35%, compared with 2.03% for JPUS.

What is the main difference between JPUS and VALQ?

JPUS is categorized as Large Cap Blend Equities, while VALQ is Large Cap Value Equities. JPUS tracks JPMorgan Diversified Factor US Equity Index, while VALQ tracks iSTOXX American Century USA Quality Value Index. They also come from different issuers: JPMorgan and American Century. Their fees differ too: 0.18% for JPUS and 0.29% for VALQ.

Which has better risk-adjusted returns?

JPUS currently has the higher Sharpe Ratio (1.98 vs 1.28), 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.