JQUA vs. ACVF

Last updated Jun 5, 2026

JQUA (JPMorgan U.S. Quality Factor ETF) and ACVF (American Conservative Values ETF) are both exchange-traded funds - JQUA is a Large Cap Growth Equities fund tracking the JP Morgan US Quality Factor Index, while ACVF is a Large Cap Blend Equities fund actively managed by Ridgeline Research LLC. JQUA is passively managed, while ACVF is actively managed. Over the past 5 years, JQUA returned 13.92%/yr vs 12.42%/yr for ACVF. With a 0.96 correlation, they move nearly in lockstep. JQUA charges 0.12%/yr vs 0.75%/yr for ACVF.

Performance

JQUA vs. ACVF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Quality Factor ETF (JQUA) and American Conservative Values ETF (ACVF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JQUA achieves a 14.16% return, which is significantly higher than ACVF's 10.70% return.

JQUA

• 1D: -0.11%
• 1M: 7.20%
• YTD: 14.16%
• 6M: 14.37%
• 1Y: 22.69%
• 3Y*: 20.64%
• 5Y*: 13.92%
• 10Y*: —

ACVF

• 1D: 0.10%
• 1M: 5.66%
• YTD: 10.70%
• 6M: 11.25%
• 1Y: 20.55%
• 3Y*: 19.73%
• 5Y*: 12.42%
• 10Y*: —

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

JQUA vs. ACVF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
JQUA JPMorgan U.S. Quality Factor ETF	14.16%	11.69%	21.21%	25.13%	-13.45%	28.68%	13.34%
ACVF American Conservative Values ETF	10.70%	13.67%	20.56%	23.81%	-15.74%	28.84%	13.79%

Correlation

The correlation between JQUA and ACVF is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Oct 30, 2020	0.96

The correlation between JQUA and ACVF has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.

JQUA vs. ACVF - Sectors Allocation Comparison

Sectors	JQUA	ACVF
Technology	41.9%	39.7%
Financial Services	10.2%	11.6%
Consumer Cyclical	9.2%	10.7%
Industrials	7.6%	11.0%
Healthcare	7.2%	8.1%
Communication Services	5.5%	4.2%
Consumer Defensive	5.3%	5.9%
Energy	3.2%	3.5%
Utilities	2.3%	2.2%
Real Estate	2.1%	1.7%
Basic Materials	0.8%	1.6%

Return for Risk

JQUA vs. ACVF — Risk / Return Rank

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

JQUA

JQUA Risk / Return Rank: 64
JQUA Sharpe Ratio Rank: 62
JQUA Sortino Ratio Rank: 64
JQUA Omega Ratio Rank: 58
JQUA Calmar Ratio Rank: 65
JQUA Martin Ratio Rank: 73

ACVF

ACVF Risk / Return Rank: 55
ACVF Sharpe Ratio Rank: 54
ACVF Sortino Ratio Rank: 54
ACVF Omega Ratio Rank: 53
ACVF Calmar Ratio Rank: 55
ACVF Martin Ratio Rank: 61

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.

JQUA vs. ACVF - Risk-Adjusted Trends 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.

	JQUA	ACVF	Difference
Sharpe ratio: Return per unit of total volatility	2.03	1.81	+0.22
Sortino ratio: Return per unit of downside risk	2.91	2.56	+0.36
Omega ratio: Gain probability vs. loss probability	1.35	1.32	+0.03
Calmar ratio: Return relative to maximum drawdown	3.20	2.68	+0.52
Martin ratio: Return relative to average drawdown	13.48	10.88	+2.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JQUA vs. ACVF - Sharpe Ratio Comparison

The current JQUA Sharpe Ratio is 2.03, which is comparable to the ACVF Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of JQUA and ACVF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JQUA	ACVF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.03	1.81	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.77	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	1.02	-0.19

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.

Drawdown Indicators

	JQUA	ACVF	Difference
Max Drawdown Largest peak-to-trough decline	-32.92%	-24.39%	-8.53%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	-7.70%	+0.57%
Max Drawdown (3Y) Largest decline over 3 years	-16.81%	-16.82%	+0.01%
Max Drawdown (5Y) Largest decline over 5 years	-22.47%	-24.39%	+1.92%
Current Drawdown Current decline from peak	-0.28%	-0.43%	+0.15%
Average Drawdown Average peak-to-trough decline	-4.16%	-4.74%	+0.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	1.89%	-0.20%

Volatility

JQUA vs. ACVF - Volatility Comparison

The current volatility for JPMorgan U.S. Quality Factor ETF (JQUA) is 2.82%, while American Conservative Values ETF (ACVF) has a volatility of 3.03%. This indicates that JQUA experiences smaller price fluctuations and is considered to be less risky than ACVF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JQUA	ACVF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.82%	3.03%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	8.31%	9.00%	-0.69%
Volatility (1Y) Calculated over the trailing 1-year period	11.20%	11.38%	-0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.61%	16.23%	-0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.99%	15.96%	+2.03%

JQUA vs. ACVF - Expense Ratio Comparison

JQUA has a 0.12% expense ratio, which is lower than ACVF's 0.75% expense ratio.

Dividends

JQUA vs. ACVF - Dividend Comparison

JQUA's dividend yield for the trailing twelve months is around 1.07%, more than ACVF's 0.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ACVF American Conservative Values ETF	0.53%	0.59%	0.59%	0.82%	0.93%	0.61%	0.23%	0.00%	0.00%	0.00%
JQUA JPMorgan U.S. Quality Factor ETF	1.07%	1.19%	1.24%	1.21%	1.60%	1.32%	1.44%	1.67%	2.10%	0.40%

Frequently Asked Questions

Can I hold both JQUA and ACVF in my portfolio?

With a correlation of 0.92, JQUA and ACVF 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, JQUA or ACVF?

ACVF has higher volatility (3.03%) compared to JQUA (2.82%). In terms of maximum drawdown, JQUA dropped -32.92% vs ACVF's -24.39%.

Which ETF is better, JQUA or ACVF?

On 5-year performance, JQUA leads with 13.92% vs 12.42% for ACVF. On fees, JQUA is cheaper at 0.12% per year. On volatility, JQUA has been the lower-risk option at 2.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JQUA or ACVF?

Over the 5-year period, JQUA has performed better with a 13.92% return vs 12.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JQUA or ACVF?

JQUA is cheaper with a 0.12% expense ratio, compared with 0.75% for ACVF.

Which ETF pays a higher dividend yield, JQUA or ACVF?

JQUA has the higher dividend yield at 1.07%, compared with 0.53% for ACVF.

What is the main difference between JQUA and ACVF?

JQUA is categorized as Large Cap Growth Equities, while ACVF is Large Cap Blend Equities. They also come from different issuers: JPMorgan and Ridgeline Research LLC. Their fees differ too: 0.12% for JQUA and 0.75% for ACVF.

Which has better risk-adjusted returns?

JQUA currently has the higher Sharpe Ratio (2.03 vs 1.81), 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.