JQUA vs. JTEK

Last updated Jun 6, 2026

JQUA (JPMorgan U.S. Quality Factor ETF) and JTEK (JPMorgan U.S. Tech Leaders ETF) are both exchange-traded funds - JQUA is a Large Cap Growth Equities fund tracking the JP Morgan US Quality Factor Index, while JTEK is a Technology Equities fund actively managed by JPMorgan. JQUA is passively managed, while JTEK is actively managed. Over the past year, JQUA returned 19.51% vs 28.36% for JTEK. A 0.79 correlation means they provide meaningful diversification when combined. JQUA charges 0.12%/yr vs 0.65%/yr for JTEK.

Performance

JQUA vs. JTEK - Performance Comparison

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

Returns By Period

In the year-to-date period, JQUA achieves a 10.93% return, which is significantly lower than JTEK's 12.61% return.

JQUA

• 1D: -2.82%
• 1M: 3.22%
• YTD: 10.93%
• 6M: 10.62%
• 1Y: 19.51%
• 3Y*: 19.44%
• 5Y*: 13.27%
• 10Y*: —

JTEK

• 1D: -7.07%
• 1M: -0.13%
• YTD: 12.61%
• 6M: 10.09%
• 1Y: 28.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JQUA vs. JTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JQUA JPMorgan U.S. Quality Factor ETF	10.93%	11.69%	21.21%	11.99%
JTEK JPMorgan U.S. Tech Leaders ETF	12.61%	19.03%	28.69%	18.14%

Correlation

The correlation between JQUA and JTEK is 0.77, 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	0.77
Correlation (All Time) Calculated using the full available price history since Oct 6, 2023	0.79

The correlation between JQUA and JTEK has been stable across timeframes, ranging from 0.77 to 0.79 - a consistent structural relationship.

JQUA vs. JTEK - Sectors Allocation Comparison

Sectors	JQUA	JTEK
Technology	41.9%	63.8%
Financial Services	10.2%	4.5%
Consumer Cyclical	9.2%	9.2%
Industrials	7.6%	2.2%
Healthcare	7.2%	1.5%
Communication Services	5.5%	17.9%
Consumer Defensive	5.3%	-
Energy	3.2%	0.8%
Utilities	2.3%	-
Real Estate	2.1%	1.0%
Basic Materials	0.8%	-

Return for Risk

JQUA vs. JTEK — Risk / Return Rank

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

JQUA

JQUA Risk / Return Rank: 54
JQUA Sharpe Ratio Rank: 51
JQUA Sortino Ratio Rank: 50
JQUA Omega Ratio Rank: 48
JQUA Calmar Ratio Rank: 57
JQUA Martin Ratio Rank: 65

JTEK

JTEK Risk / Return Rank: 29
JTEK Sharpe Ratio Rank: 32
JTEK Sortino Ratio Rank: 29
JTEK Omega Ratio Rank: 31
JTEK Calmar Ratio Rank: 27
JTEK Martin Ratio Rank: 28

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. JTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Quality Factor ETF (JQUA) and JPMorgan U.S. Tech Leaders ETF (JTEK). 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	JTEK	Difference
Sharpe ratio: Return per unit of total volatility	1.69	1.12	+0.57
Sortino ratio: Return per unit of downside risk	2.38	1.55	+0.84
Omega ratio: Gain probability vs. loss probability	1.29	1.20	+0.09
Calmar ratio: Return relative to maximum drawdown	2.75	1.29	+1.46
Martin ratio: Return relative to average drawdown	11.52	3.76	+7.76
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. JTEK - Sharpe Ratio Comparison

The current JQUA Sharpe Ratio is 1.69, which is higher than the JTEK Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of JQUA and JTEK, 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	JTEK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	1.12	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	1.11	-0.30

Drawdowns

JQUA vs. JTEK - Drawdown Comparison

The maximum JQUA drawdown since its inception was -32.92%, which is greater than JTEK's maximum drawdown of -30.61%. Use the drawdown chart below to compare losses from any high point for JQUA and JTEK.

Drawdown Indicators

	JQUA	JTEK	Difference
Max Drawdown Largest peak-to-trough decline	-32.92%	-30.61%	-2.31%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	-22.02%	+14.89%
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	-3.09%	-8.74%	+5.65%
Average Drawdown Average peak-to-trough decline	-4.16%	-5.58%	+1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.70%	7.56%	-5.86%

Volatility

JQUA vs. JTEK - Volatility Comparison

The current volatility for JPMorgan U.S. Quality Factor ETF (JQUA) is 4.19%, while JPMorgan U.S. Tech Leaders ETF (JTEK) has a volatility of 10.39%. This indicates that JQUA experiences smaller price fluctuations and is considered to be less risky than JTEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JQUA	JTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	10.39%	-6.20%
Volatility (6M) Calculated over the trailing 6-month period	8.82%	20.17%	-11.35%
Volatility (1Y) Calculated over the trailing 1-year period	11.57%	25.36%	-13.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.66%	27.69%	-12.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.01%	27.69%	-9.68%

JQUA vs. JTEK - Expense Ratio Comparison

JQUA has a 0.12% expense ratio, which is lower than JTEK's 0.65% expense ratio.

Dividends

JQUA vs. JTEK - Dividend Comparison

JQUA's dividend yield for the trailing twelve months is around 1.10%, while JTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
JTEK JPMorgan U.S. Tech Leaders ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JQUA and JTEK in my portfolio?

JQUA and JTEK have a correlation of 0.77, 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 JTEK?

JTEK has higher volatility (10.39%) compared to JQUA (4.19%). In terms of maximum drawdown, JQUA dropped -32.92% vs JTEK's -30.61%.

Which ETF is better, JQUA or JTEK?

On 1-year performance, JTEK leads with 28.36% vs 19.51% for JQUA. On fees, JQUA is cheaper at 0.12% per year. On volatility, JQUA has been the lower-risk option at 4.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JQUA or JTEK?

Over the 1-year period, JTEK has performed better with a 28.36% return vs 19.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JQUA or JTEK?

JQUA is cheaper with a 0.12% expense ratio, compared with 0.65% for JTEK.

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

JQUA has the higher dividend yield at 1.10%, compared with 0.00% for JTEK.

What is the main difference between JQUA and JTEK?

JQUA is categorized as Large Cap Growth Equities, while JTEK is Technology Equities. Their fees differ too: 0.12% for JQUA and 0.65% for JTEK.

Which has better risk-adjusted returns?

JQUA currently has the higher Sharpe Ratio (1.69 vs 1.12), 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.