JQUA vs. QUS
Compare and contrast key facts about JPMorgan U.S. Quality Factor ETF (JQUA) and SPDR MSCI USA StrategicFactors ETF (QUS).
JQUA and QUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JQUA is a passively managed fund by JPMorgan that tracks the performance of the JP Morgan US Quality Factor Index. It was launched on Nov 8, 2017. QUS is a passively managed fund by State Street that tracks the performance of the MSCI USA Factor Mix A-Series Capped (USD). It was launched on Apr 16, 2015. Both JQUA and QUS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
JQUA vs. QUS - Performance Comparison
Loading graphics...
JQUA vs. QUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JQUA JPMorgan U.S. Quality Factor ETF | -2.29% | 11.69% | 21.21% | 25.13% | -13.45% | 28.68% | 16.56% | 28.47% | -2.98% | 5.07% |
QUS SPDR MSCI USA StrategicFactors ETF | -1.11% | 14.13% | 18.99% | 21.78% | -14.15% | 26.72% | 12.40% | 32.45% | -3.66% | 4.08% |
Returns By Period
In the year-to-date period, JQUA achieves a -2.29% return, which is significantly lower than QUS's -1.11% return.
JQUA
- 1D
- 0.39%
- 1M
- -4.17%
- YTD
- -2.29%
- 6M
- -1.53%
- 1Y
- 10.04%
- 3Y*
- 15.78%
- 5Y*
- 11.56%
- 10Y*
- —
QUS
- 1D
- 0.36%
- 1M
- -4.55%
- YTD
- -1.11%
- 6M
- 1.20%
- 1Y
- 11.64%
- 3Y*
- 15.88%
- 5Y*
- 10.63%
- 10Y*
- 12.92%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JQUA vs. QUS - Expense Ratio Comparison
JQUA has a 0.12% expense ratio, which is lower than QUS'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%.
Return for Risk
JQUA vs. QUS — Risk / Return Rank
JQUA
QUS
JQUA vs. QUS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Quality Factor ETF (JQUA) and SPDR MSCI USA StrategicFactors ETF (QUS). 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 | QUS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.60 | 0.81 | -0.20 |
Sortino ratioReturn per unit of downside risk | 0.98 | 1.23 | -0.25 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.18 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.90 | 1.11 | -0.21 |
Martin ratioReturn relative to average drawdown | 4.40 | 5.43 | -1.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| JQUA | QUS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 0.81 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.74 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.73 | 0.00 |
Correlation
The correlation between JQUA and QUS is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
JQUA vs. QUS - Dividend Comparison
JQUA's dividend yield for the trailing twelve months is around 1.25%, less than QUS's 1.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JQUA JPMorgan U.S. Quality Factor ETF | 1.25% | 1.19% | 1.24% | 1.21% | 1.60% | 1.32% | 1.44% | 1.67% | 2.10% | 0.40% | 0.00% | 0.00% |
QUS SPDR MSCI USA StrategicFactors ETF | 1.40% | 1.38% | 1.49% | 1.57% | 1.68% | 1.27% | 1.73% | 1.81% | 2.12% | 1.86% | 2.07% | 1.48% |
Drawdowns
JQUA vs. QUS - Drawdown Comparison
The maximum JQUA drawdown since its inception was -32.92%, roughly equal to the maximum QUS drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for JQUA and QUS.
Loading graphics...
Drawdown Indicators
| JQUA | QUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.92% | -33.78% | +0.86% |
Max Drawdown (1Y)Largest decline over 1 year | -11.55% | -10.42% | -1.13% |
Max Drawdown (5Y)Largest decline over 5 years | -22.47% | -22.30% | -0.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.78% | — |
Current DrawdownCurrent decline from peak | -4.57% | -4.68% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -4.23% | -3.75% | -0.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 2.13% | +0.23% |
Volatility
JQUA vs. QUS - Volatility Comparison
JPMorgan U.S. Quality Factor ETF (JQUA) has a higher volatility of 4.42% compared to SPDR MSCI USA StrategicFactors ETF (QUS) at 3.78%. This indicates that JQUA's price experiences larger fluctuations and is considered to be riskier than QUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| JQUA | QUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 3.78% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 8.57% | 7.13% | +1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.71% | 14.48% | +2.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.61% | 14.37% | +1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.10% | 16.41% | +1.69% |