JQUA vs. QGRW

Last updated Aug 4, 2026

JQUA (JPMorgan U.S. Quality Factor ETF) and QGRW (WisdomTree U.S. Quality Growth Fund) are both Quality Factor funds - JQUA tracks the JP Morgan US Quality Factor Index while QGRW tracks the WisdomTree U.S. Quality Growth Index. Both are passively managed. Over the past 3 years, JQUA returned 19.27%/yr vs 26.47%/yr for QGRW. Their correlation of 0.81 means they have usually moved in the same direction. JQUA charges 0.12%/yr vs 0.28%/yr for QGRW.

Performance

JQUA vs. QGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Quality Factor ETF (JQUA) and WisdomTree U.S. Quality Growth Fund (QGRW). 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 QGRW's 13.60% 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%

QGRW

• 1D: 2.43%
• 1M: 2.33%
• 6M: 12.72%
• YTD: 13.60%
• 1Y: 25.74%
• 3Y*: 26.47%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 32.27%

*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)
JQUA JPMorgan U.S. Quality Factor ETF	$27.54M	$28.89M	$36.27M
QGRW WisdomTree U.S. Quality Growth Fund	$11.72M	$14.19M	$19.88M

JQUA vs. QGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JQUA JPMorgan U.S. Quality Factor ETF	15.84%	11.69%	21.21%	25.13%	-3.54%
QGRW WisdomTree U.S. Quality Growth Fund	13.60%	19.20%	34.85%	56.05%	-3.07%

Correlation

The correlation between JQUA and QGRW is 0.78, 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.	0.78
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (All Time) Calculated using the full available price history since Dec 15, 2022	0.81

The correlation between JQUA and QGRW has been stable across timeframes, ranging from 0.78 to 0.81 - a consistent structural relationship.

JQUA vs. QGRW - Sectors Allocation Comparison

Sectors	JQUA	QGRW
Technology	41.0%	50.7%
Financial Services	12.0%	3.7%
Consumer Cyclical	9.5%	13.4%
Industrials	8.9%	9.3%
Healthcare	8.8%	5.5%
Communication Services	6.2%	15.4%
Consumer Defensive	5.2%	0.5%
Energy	3.3%	0.5%
Real Estate	2.2%	-
Basic Materials	1.7%	-
Utilities	1.2%	0.9%

Return for Risk

JQUA vs. QGRW — 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

QGRW

QGRW Risk / Return Rank: 50
QGRW Sharpe Ratio Rank: 53
QGRW Sortino Ratio Rank: 52
QGRW Omega Ratio Rank: 51
QGRW Calmar Ratio Rank: 46
QGRW Martin Ratio Rank: 49

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. QGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Quality Factor ETF (JQUA) and WisdomTree U.S. Quality Growth Fund (QGRW). 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	QGRW	Difference
Sharpe ratio: Return per unit of total volatility	1.94	1.33	+0.62
Sortino ratio: Return per unit of downside risk	2.73	1.87	+0.86
Omega ratio: Gain probability vs. loss probability	1.34	1.23	+0.10
Calmar ratio: Return relative to maximum drawdown	3.27	1.67	+1.59
Martin ratio: Return relative to average drawdown	13.35	5.72	+7.63

JQUA vs. QGRW - Sharpe Ratio Comparison

The current JQUA Sharpe Ratio is 1.94, which is higher than the QGRW Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of JQUA and QGRW, 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. QGRW - Drawdown Comparison

The maximum JQUA drawdown since its inception was -32.92%, which is greater than QGRW's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for JQUA and QGRW.

Drawdown Indicators

	JQUA	QGRW	Difference
Max Drawdown Largest peak-to-trough decline	-32.92%	-24.40%	-8.52%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	-15.44%	+8.31%
Max Drawdown (3Y) Largest decline over 3 years	-16.81%	-24.40%	+7.59%
Max Drawdown (5Y) Largest decline over 5 years	-22.47%	—	—
Current Drawdown Current decline from peak	0.00%	-2.89%	+2.89%
Average Drawdown Average peak-to-trough decline	-4.10%	-3.34%	-0.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.74%	4.51%	-2.77%

Volatility

JQUA vs. QGRW - Volatility Comparison

The current volatility for JPMorgan U.S. Quality Factor ETF (JQUA) is 2.46%, while WisdomTree U.S. Quality Growth Fund (QGRW) has a volatility of 6.27%. This indicates that JQUA experiences smaller price fluctuations and is considered to be less risky than QGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JQUA	QGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.46%	6.27%	-3.81%
Volatility (6M) Calculated over the trailing 6-month period	9.45%	15.99%	-6.54%
Volatility (1Y) Calculated over the trailing 1-year period	12.01%	19.53%	-7.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.73%	21.26%	-5.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.92%	21.26%	-3.34%

JQUA vs. QGRW - Expense Ratio Comparison

JQUA has a 0.12% expense ratio, which is lower than QGRW's 0.28% expense ratio.

Dividends

JQUA vs. QGRW - Dividend Comparison

JQUA's dividend yield for the trailing twelve months is around 1.07%, more than QGRW's 0.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
QGRW WisdomTree U.S. Quality Growth Fund	0.08%	0.09%	0.14%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JQUA and QGRW in my portfolio?

JQUA and QGRW have a correlation of 0.78, 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 QGRW?

QGRW has higher volatility (6.27%) compared to JQUA (2.46%). In terms of maximum drawdown, JQUA dropped -32.92% vs QGRW's -24.40%.

Which ETF is better, JQUA or QGRW?

On 3-year performance, QGRW leads with 26.47% vs 19.27% for JQUA. 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 QGRW?

Over the 3-year period, QGRW has performed better with a 26.47% return vs 19.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JQUA or QGRW?

JQUA is cheaper with a 0.12% expense ratio, compared with 0.28% for QGRW.

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

JQUA has the higher dividend yield at 1.07%, compared with 0.08% for QGRW.

What is the main difference between JQUA and QGRW?

JQUA tracks JP Morgan US Quality Factor Index, while QGRW tracks WisdomTree U.S. Quality Growth Index. They also come from different issuers: JPMorgan and WisdomTree. Their fees differ too: 0.12% for JQUA and 0.28% for QGRW.

Which has better risk-adjusted returns?

JQUA currently has the higher Sharpe Ratio (1.94 vs 1.33), 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.