JQUA vs. AVUQ

Last updated Aug 4, 2026

JQUA (JPMorgan U.S. Quality Factor ETF) and AVUQ (Avantis U.S. Quality ETF) are both Quality Factor funds. JQUA is passively managed, while AVUQ is actively managed. Over the past year, JQUA returned 23.18% vs 21.48% for AVUQ. Their correlation of 0.81 means they have usually moved in the same direction. JQUA charges 0.12%/yr vs 0.15%/yr for AVUQ.

Performance

JQUA vs. AVUQ - Performance Comparison

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

Returns By Period

In the year-to-date period, JQUA achieves a 15.84% return, which is significantly higher than AVUQ's 10.84% return.

JQUA

• 1D: 0.79%
• 1M: 1.13%
• 6M: 13.59%
• YTD: 15.84%
• 1Y: 23.18%
• 3Y*: 19.27%
• 5Y*: 12.98%
• 10Y*: —
• ALL TIME*: 14.80%

AVUQ

• 1D: 1.79%
• 1M: 1.73%
• 6M: 8.78%
• YTD: 10.84%
• 1Y: 21.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 24.88%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVUQ Avantis U.S. Quality ETF	$1.44M	$1.08M	$1.47M
JQUA JPMorgan U.S. Quality Factor ETF	$27.54M	$28.89M	$36.27M

JQUA vs. AVUQ - Yearly Performance Comparison

	2026 (YTD)	2025
JQUA JPMorgan U.S. Quality Factor ETF	15.84%	11.60%
AVUQ Avantis U.S. Quality ETF	10.84%	21.84%

Correlation

The correlation between JQUA and AVUQ is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.80
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	0.81

The correlation between JQUA and AVUQ has been stable across timeframes, ranging from 0.80 to 0.81 - a consistent structural relationship.

JQUA vs. AVUQ - Sectors Allocation Comparison

Sectors	JQUA	AVUQ
Technology	41.0%	47.2%
Financial Services	12.0%	5.5%
Consumer Cyclical	9.5%	13.3%
Industrials	8.9%	8.9%
Healthcare	8.8%	5.7%
Communication Services	6.2%	12.2%
Consumer Defensive	5.2%	3.2%
Energy	3.3%	2.1%
Real Estate	2.2%	0.1%
Basic Materials	1.7%	1.1%
Utilities	1.2%	0.7%

Return for Risk

JQUA vs. AVUQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JQUA

JQUA Risk / Return Rank: 83
JQUA Sharpe Ratio Rank: 82
JQUA Sortino Ratio Rank: 82
JQUA Omega Ratio Rank: 79
JQUA Calmar Ratio Rank: 85
JQUA Martin Ratio Rank: 88

AVUQ

AVUQ Risk / Return Rank: 51
AVUQ Sharpe Ratio Rank: 51
AVUQ Sortino Ratio Rank: 50
AVUQ Omega Ratio Rank: 47
AVUQ Calmar Ratio Rank: 51
AVUQ Martin Ratio Rank: 54

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JQUA vs. AVUQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Quality Factor ETF (JQUA) and Avantis U.S. Quality ETF (AVUQ). 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.

	JQUA	AVUQ	Difference
Sharpe ratio: Return per unit of total volatility	1.94	1.29	+0.65
Sortino ratio: Return per unit of downside risk	2.73	1.85	+0.89
Omega ratio: Gain probability vs. loss probability	1.34	1.22	+0.11
Calmar ratio: Return relative to maximum drawdown	3.27	1.86	+1.41
Martin ratio: Return relative to average drawdown	13.35	6.70	+6.65

JQUA vs. AVUQ - Sharpe Ratio Comparison

The current JQUA Sharpe Ratio is 1.94, which is higher than the AVUQ Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of JQUA and AVUQ, 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

JQUA vs. AVUQ - Drawdown Comparison

The maximum JQUA drawdown since its inception was -32.92%, which is greater than AVUQ's maximum drawdown of -12.35%. Use the drawdown chart below to compare losses from any high point for JQUA and AVUQ.

Drawdown Indicators

	JQUA	AVUQ	Difference
Max Drawdown Largest peak-to-trough decline	-32.92%	-12.35%	-20.57%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	-11.61%	+4.48%
Max Drawdown (3Y) Largest decline over 3 years	-16.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.47%	—	—
Current Drawdown Current decline from peak	0.00%	-1.31%	+1.31%
Average Drawdown Average peak-to-trough decline	-4.10%	-2.24%	-1.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.74%	3.21%	-1.47%

Volatility

JQUA vs. AVUQ - Volatility Comparison

The current volatility for JPMorgan U.S. Quality Factor ETF (JQUA) is 2.46%, while Avantis U.S. Quality ETF (AVUQ) has a volatility of 5.21%. This indicates that JQUA experiences smaller price fluctuations and is considered to be less risky than AVUQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JQUA	AVUQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.46%	5.21%	-2.75%
Volatility (6M) Calculated over the trailing 6-month period	9.45%	13.15%	-3.70%
Volatility (1Y) Calculated over the trailing 1-year period	12.01%	16.70%	-4.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.73%	19.44%	-3.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.92%	19.44%	-1.52%

JQUA vs. AVUQ - Expense Ratio Comparison

JQUA has a 0.12% expense ratio, which is lower than AVUQ's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

JQUA vs. AVUQ - Dividend Comparison

JQUA's dividend yield for the trailing twelve months is around 1.07%, more than AVUQ's 0.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVUQ Avantis U.S. Quality ETF	0.30%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	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 AVUQ in my portfolio?

JQUA and AVUQ 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, JQUA or AVUQ?

AVUQ has higher volatility (5.21%) compared to JQUA (2.46%). In terms of maximum drawdown, JQUA dropped -32.92% vs AVUQ's -12.35%.

Which ETF is better, JQUA or AVUQ?

On 1-year performance, JQUA leads with 23.18% vs 21.48% for AVUQ. On fees, JQUA is cheaper at 0.12% per year. On volatility, JQUA has been the lower-risk option at 2.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JQUA or AVUQ?

Over the 1-year period, JQUA has performed better with a 23.18% return vs 21.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JQUA or AVUQ?

JQUA is cheaper with a 0.12% expense ratio, compared with 0.15% for AVUQ.

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

JQUA has the higher dividend yield at 1.07%, compared with 0.30% for AVUQ.

What is the main difference between JQUA and AVUQ?

They also come from different issuers: JPMorgan and Avantis. Their fees differ too: 0.12% for JQUA and 0.15% for AVUQ.

Which has better risk-adjusted returns?

JQUA currently has the higher Sharpe Ratio (1.94 vs 1.29), 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.