JQUA vs. ACVF
Compare and contrast key facts about JPMorgan U.S. Quality Factor ETF (JQUA) and American Conservative Values ETF (ACVF).
JQUA and ACVF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JQUA is a passively managed fund by JPMorgan Chase that tracks the performance of the JP Morgan US Quality Factor Index. It was launched on Nov 8, 2017. ACVF is an actively managed fund by Ridgeline Research LLC. It was launched on Oct 29, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JQUA or ACVF.
Key characteristics
| JQUA | ACVF | |
|---|---|---|
| YTD Return | 6.26% | 6.63% |
| 1Y Return | 25.94% | 27.32% |
| 3Y Return (Ann) | 10.37% | 8.87% |
| Sharpe Ratio | 2.22 | 2.24 |
| Daily Std Dev | 11.22% | 11.67% |
| Max Drawdown | -32.92% | -24.39% |
| Current Drawdown | -4.03% | -4.03% |
Correlation
The correlation between JQUA and ACVF is 0.97, 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
JQUA vs. ACVF - Performance Comparison
In the year-to-date period, JQUA achieves a 6.26% return, which is significantly lower than ACVF's 6.63% 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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JQUA vs. ACVF - Expense Ratio Comparison
JQUA has a 0.12% expense ratio, which is lower than ACVF's 0.75% expense ratio.
Risk-Adjusted Performance
JQUA vs. ACVF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Quality Factor ETF (JQUA) and American Conservative Values ETF (ACVF). 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
JQUA vs. ACVF - Dividend Comparison
JQUA's dividend yield for the trailing twelve months is around 1.18%, more than ACVF's 0.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
JQUA JPMorgan U.S. Quality Factor ETF | 1.18% | 1.22% | 1.60% | 1.32% | 1.44% | 1.67% | 2.10% | 0.40% |
ACVF American Conservative Values ETF | 0.74% | 0.82% | 0.93% | 0.61% | 0.23% | 0.00% | 0.00% | 0.00% |
Drawdowns
JQUA vs. ACVF - Drawdown Comparison
The maximum JQUA drawdown since its inception was -32.92%, which is greater than ACVF's maximum drawdown of -24.39%. Use the drawdown chart below to compare losses from any high point for JQUA and ACVF. For additional features, visit the drawdowns tool.
Volatility
JQUA vs. ACVF - Volatility Comparison
JPMorgan U.S. Quality Factor ETF (JQUA) and American Conservative Values ETF (ACVF) have volatilities of 3.59% and 3.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.