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JQUA vs. ITOT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JQUA vs. ITOT

Last updated Jun 21, 2026

JQUA (JPMorgan U.S. Quality Factor ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both Large Cap Blend Equities funds - JQUA tracks the JP Morgan US Quality Factor Index while ITOT tracks the S&P Total Market Index. Both are passively managed. Over the past 5 years, JQUA returned 14.00%/yr vs 12.87%/yr for ITOT. Their correlation of 0.90 suggests significant overlap in exposure. JQUA charges 0.12%/yr vs 0.03%/yr for ITOT.

Performance

JQUA vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Quality Factor ETF (JQUA) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, JQUA achieves a 13.36% return, which is significantly higher than ITOT's 10.73% return.

JQUA

1D
1.25%
1M
3.49%
YTD
13.36%
6M
12.98%
1Y
23.55%
3Y*
19.07%
5Y*
14.00%
10Y*
—

ITOT

1D
1.08%
1M
1.31%
YTD
10.73%
6M
10.74%
1Y
27.59%
3Y*
20.65%
5Y*
12.87%
10Y*
15.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JQUA vs. ITOT - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
JQUA
JPMorgan U.S. Quality Factor ETF		13.36%11.69%21.21%25.13%-13.45%28.68%16.56%28.47%-2.98%5.07%
ITOT
iShares Core S&P Total U.S. Stock Market ETF		10.73%17.00%23.80%26.12%-19.47%25.68%20.71%30.67%-5.33%3.63%

Correlation

The correlation between JQUA and ITOT is 0.91, 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

0.91

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 Nov 9, 2017

0.90

The correlation between JQUA and ITOT has been stable across timeframes, ranging from 0.90 to 0.96 - a consistent structural relationship.

JQUA vs. ITOT - Sectors Allocation Comparison

Sectors
JQUA
ITOT

Technology

43.9%
37.2%

Financial Services

11.1%
11.4%

Consumer Cyclical

9.2%
9.8%

Industrials

8.0%
9.1%

Healthcare

7.9%
8.8%

Communication Services

6.5%
9.8%

Consumer Defensive

5.2%
4.3%

Energy

3.4%
3.3%

Real Estate

2.1%
2.3%

Basic Materials

1.6%
2.0%

Utilities

1.2%
2.1%

Technology

JQUA
43.9%
ITOT
37.2%

Financial Services

JQUA
11.1%
ITOT
11.4%

Consumer Cyclical

JQUA
9.2%
ITOT
9.8%

Industrials

JQUA
8.0%
ITOT
9.1%

Healthcare

JQUA
7.9%
ITOT
8.8%

Communication Services

JQUA
6.5%
ITOT
9.8%

Consumer Defensive

JQUA
5.2%
ITOT
4.3%

Energy

JQUA
3.4%
ITOT
3.3%

Real Estate

JQUA
2.1%
ITOT
2.3%

Basic Materials

JQUA
1.6%
ITOT
2.0%

Utilities

JQUA
1.2%
ITOT
2.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

JPMorgan U.S. Quality Factor ETF

iShares Core S&P Total U.S. Stock Market ETF

Often compared with JQUA:
JQUA vs. SPHQJQUA vs. VFQYJQUA vs. CGDVJQUA vs. SCHDJQUA vs. FQALJQUA vs. VIGJQUA vs. QUS
Often compared with ITOT:
ITOT vs. VTIITOT vs. VOOITOT vs. SCHBITOT vs. SPYITOT vs. FSKAXITOT vs. IVVITOT vs. IXUS

Return for Risk

JQUA vs. ITOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JQUA
JQUA Risk / Return Rank: 6565
Overall Rank
JQUA Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
JQUA Sortino Ratio Rank: 6262
Sortino Ratio Rank
JQUA Omega Ratio Rank: 5858
Omega Ratio Rank
JQUA Calmar Ratio Rank: 6969
Calmar Ratio Rank
JQUA Martin Ratio Rank: 7575
Martin Ratio Rank
ITOT
ITOT Risk / Return Rank: 6969
Overall Rank
ITOT Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
ITOT Sortino Ratio Rank: 6767
Sortino Ratio Rank
ITOT Omega Ratio Rank: 6868
Omega Ratio Rank
ITOT Calmar Ratio Rank: 6565
Calmar Ratio Rank
ITOT Martin Ratio Rank: 7676
Martin Ratio Rank
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. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Quality Factor ETF (JQUA) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.

JQUAITOTDifference
Sharpe ratioReturn per unit of total volatility
1.97
2.14

-0.17

Sortino ratioReturn per unit of downside risk
2.77
2.89

-0.12

Omega ratioGain probability vs. loss probability

1.34

1.38

-0.04

Calmar ratioReturn relative to maximum drawdown

3.28

3.07

+0.21

Martin ratioReturn relative to average drawdown

13.45

13.70

-0.24

JQUA vs. ITOT - Sharpe Ratio Comparison

The current JQUA Sharpe Ratio is 1.97, which is comparable to the ITOT Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of JQUA and ITOT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

JQUA vs. ITOT - Drawdown Comparison

The maximum JQUA drawdown since its inception was -32.92%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for JQUA and ITOT.

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Drawdown Indicators

JQUAITOTDifference

Max Drawdown

Largest peak-to-trough decline

-32.92%

-55.20%

+22.28%

Max Drawdown (1Y)

Largest decline over 1 year

-7.13%

-8.90%

+1.77%

Max Drawdown (3Y)

Largest decline over 3 years

-16.81%

-19.44%

+2.63%

Max Drawdown (5Y)

Largest decline over 5 years

-22.47%

-25.36%

+2.89%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.00%

—

Current Drawdown

Current decline from peak

-0.97%

-1.19%

+0.22%

Average Drawdown

Average peak-to-trough decline

-4.15%

-6.96%

+2.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.74%

1.99%

-0.25%

Volatility

JQUA vs. ITOT - Volatility Comparison

JPMorgan U.S. Quality Factor ETF (JQUA) has a higher volatility of 5.14% compared to iShares Core S&P Total U.S. Stock Market ETF (ITOT) at 4.87%. This indicates that JQUA's price experiences larger fluctuations and is considered to be riskier than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

JQUAITOTDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.14%

4.87%

+0.27%

Volatility (6M)

Calculated over the trailing 6-month period

9.31%

10.04%

-0.73%

Volatility (1Y)

Calculated over the trailing 1-year period

11.88%

12.78%

-0.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.72%

17.45%

-1.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.01%

18.31%

-0.30%

JQUA vs. ITOT - Expense Ratio Comparison

JQUA has a 0.12% expense ratio, which is higher than ITOT's 0.03% expense ratio. However, 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. ITOT - Dividend Comparison

JQUA's dividend yield for the trailing twelve months is around 1.08%, more than ITOT's 1.00% yield.

PositionTTM20252024202320222021202020192018201720162015
ITOT
iShares Core S&P Total U.S. Stock Market ETF		1.00%1.11%1.23%1.47%1.66%1.18%1.41%1.88%2.14%1.69%1.83%2.01%
JQUA
JPMorgan U.S. Quality Factor ETF		1.08%1.19%1.24%1.21%1.60%1.32%1.44%1.67%2.10%0.40%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.91, JQUA and ITOT 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.

JQUA has higher volatility (5.14%) compared to ITOT (4.87%). In terms of maximum drawdown, JQUA dropped -32.92% vs ITOT's -55.20%.

On 5-year performance, JQUA leads with 14.00% vs 12.87% for ITOT. On fees, ITOT is cheaper at 0.03% per year. On volatility, ITOT has been the lower-risk option at 4.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, JQUA has performed better with a 14.00% return vs 12.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ITOT is cheaper with a 0.03% expense ratio, compared with 0.12% for JQUA.

JQUA has the higher dividend yield at 1.08%, compared with 1.00% for ITOT.

JQUA tracks JP Morgan US Quality Factor Index, while ITOT tracks S&P Total Market Index. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.12% for JQUA and 0.03% for ITOT.

ITOT currently has the higher Sharpe Ratio (2.14 vs 1.97), 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.

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