JQUA vs. AVUV

Last updated Jun 9, 2026

JQUA (JPMorgan U.S. Quality Factor ETF) and AVUV (Avantis US Small Cap Value ETF) are both exchange-traded funds - JQUA is a Large Cap Blend Equities fund tracking the JP Morgan US Quality Factor Index, while AVUV is a Small Cap Value Equities fund actively managed by Avantis. JQUA is passively managed, while AVUV is actively managed. Over the past 5 years, JQUA returned 13.33%/yr vs 10.85%/yr for AVUV. A 0.73 correlation means they provide meaningful diversification when combined. JQUA charges 0.12%/yr vs 0.25%/yr for AVUV.

Performance

JQUA vs. AVUV - Performance Comparison

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

Returns By Period

In the year-to-date period, JQUA achieves a 11.39% return, which is significantly lower than AVUV's 18.87% return.

JQUA

• 1D: 0.41%
• 1M: 2.90%
• YTD: 11.39%
• 6M: 11.55%
• 1Y: 19.08%
• 3Y*: 19.51%
• 5Y*: 13.33%
• 10Y*: —

AVUV

• 1D: 1.01%
• 1M: 0.89%
• YTD: 18.87%
• 6M: 18.74%
• 1Y: 36.82%
• 3Y*: 18.46%
• 5Y*: 10.85%
• 10Y*: —

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

JQUA vs. AVUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
JQUA JPMorgan U.S. Quality Factor ETF	11.39%	11.69%	21.21%	25.13%	-13.45%	28.68%	16.56%	6.95%
AVUV Avantis US Small Cap Value ETF	18.87%	7.44%	9.28%	22.82%	-4.91%	42.20%	6.43%	8.54%

Correlation

The correlation between JQUA and AVUV is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019	0.73

The correlation between JQUA and AVUV has been stable across timeframes, ranging from 0.72 to 0.75 - a consistent structural relationship.

JQUA vs. AVUV - Sectors Allocation Comparison

Sectors	JQUA	AVUV
Technology	42.9%	7.0%
Financial Services	10.0%	25.8%
Consumer Cyclical	9.1%	18.0%
Industrials	7.4%	13.9%
Healthcare	7.1%	4.2%
Communication Services	5.5%	2.8%
Consumer Defensive	5.2%	4.5%
Energy	3.1%	18.2%
Utilities	2.1%	0.1%
Real Estate	2.1%	0.7%
Basic Materials	0.8%	4.9%

Return for Risk

JQUA vs. AVUV — Risk / Return Rank

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

JQUA

JQUA Risk / Return Rank: 57
JQUA Sharpe Ratio Rank: 54
JQUA Sortino Ratio Rank: 53
JQUA Omega Ratio Rank: 51
JQUA Calmar Ratio Rank: 60
JQUA Martin Ratio Rank: 67

AVUV

AVUV Risk / Return Rank: 76
AVUV Sharpe Ratio Rank: 72
AVUV Sortino Ratio Rank: 75
AVUV Omega Ratio Rank: 68
AVUV Calmar Ratio Rank: 88
AVUV Martin Ratio Rank: 79

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. AVUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Quality Factor ETF (JQUA) and Avantis US Small Cap Value ETF (AVUV). 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	AVUV	Difference
Sharpe ratio: Return per unit of total volatility	1.66	2.11	-0.45
Sortino ratio: Return per unit of downside risk	2.34	3.02	-0.69
Omega ratio: Gain probability vs. loss probability	1.29	1.36	-0.08
Calmar ratio: Return relative to maximum drawdown	2.69	4.65	-1.96
Martin ratio: Return relative to average drawdown	11.21	13.81	-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. AVUV - Sharpe Ratio Comparison

The current JQUA Sharpe Ratio is 1.66, which is comparable to the AVUV Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of JQUA and AVUV, 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	AVUV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	2.11	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	0.48	+0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.56	+0.25

Drawdowns

JQUA vs. AVUV - Drawdown Comparison

The maximum JQUA drawdown since its inception was -32.92%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for JQUA and AVUV.

Drawdown Indicators

	JQUA	AVUV	Difference
Max Drawdown Largest peak-to-trough decline	-32.92%	-49.42%	+16.50%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	-7.95%	+0.82%
Max Drawdown (3Y) Largest decline over 3 years	-16.81%	-28.79%	+11.98%
Max Drawdown (5Y) Largest decline over 5 years	-22.47%	-28.79%	+6.32%
Current Drawdown Current decline from peak	-2.69%	-0.44%	-2.25%
Average Drawdown Average peak-to-trough decline	-4.16%	-7.94%	+3.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	2.67%	-0.96%

Volatility

JQUA vs. AVUV - Volatility Comparison

JPMorgan U.S. Quality Factor ETF (JQUA) and Avantis US Small Cap Value ETF (AVUV) have volatilities of 4.16% and 4.29%, 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.

Volatility by Period

	JQUA	AVUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	4.29%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	8.82%	11.39%	-2.57%
Volatility (1Y) Calculated over the trailing 1-year period	11.57%	17.57%	-6.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.66%	22.75%	-7.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.01%	28.29%	-10.28%

JQUA vs. AVUV - Expense Ratio Comparison

JQUA has a 0.12% expense ratio, which is lower than AVUV's 0.25% 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. AVUV - Dividend Comparison

JQUA's dividend yield for the trailing twelve months is around 1.10%, less than AVUV's 1.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVUV Avantis US Small Cap Value ETF	1.28%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%	0.00%	0.00%
JQUA JPMorgan U.S. Quality Factor ETF	1.10%	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 AVUV in my portfolio?

JQUA and AVUV have a correlation of 0.72, 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 AVUV?

AVUV has higher volatility (4.29%) compared to JQUA (4.16%). In terms of maximum drawdown, JQUA dropped -32.92% vs AVUV's -49.42%.

Which ETF is better, JQUA or AVUV?

On 5-year performance, JQUA leads with 13.33% vs 10.85% for AVUV. On fees, JQUA is cheaper at 0.12% per year. On volatility, JQUA has been the lower-risk option at 4.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JQUA or AVUV?

Over the 5-year period, JQUA has performed better with a 13.33% return vs 10.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JQUA or AVUV?

JQUA is cheaper with a 0.12% expense ratio, compared with 0.25% for AVUV.

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

AVUV has the higher dividend yield at 1.28%, compared with 1.10% for JQUA.

What is the main difference between JQUA and AVUV?

JQUA is categorized as Large Cap Blend Equities, while AVUV is Small Cap Value Equities. They also come from different issuers: JPMorgan and Avantis. Their fees differ too: 0.12% for JQUA and 0.25% for AVUV.

Which has better risk-adjusted returns?

AVUV currently has the higher Sharpe Ratio (2.11 vs 1.66), 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.