JTEK vs. ASMH

Last updated Jul 17, 2026

JTEK (JPMorgan U.S. Tech Leaders ETF) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds. JTEK is actively managed, while ASMH is passively managed. Over the past year, JTEK returned 16.98% vs 143.52% for ASMH. A 0.63 correlation means they provide meaningful diversification when combined. JTEK charges 0.65%/yr vs 0.19%/yr for ASMH.

Performance

JTEK vs. ASMH - Performance Comparison

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

Returns By Period

In the year-to-date period, JTEK achieves a 10.02% return, which is significantly lower than ASMH's 71.44% return.

JTEK

• 1D: -3.61%
• 1M: -6.42%
• 6M: 9.07%
• YTD: 10.02%
• 1Y: 16.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASMH

• 1D: -2.11%
• 1M: 0.25%
• 6M: 36.58%
• YTD: 71.44%
• 1Y: 143.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JTEK vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
JTEK JPMorgan U.S. Tech Leaders ETF	10.02%	41.74%
ASMH ASML Holding NV ADR Hedged ETF	71.44%	59.22%

Correlation

The correlation between JTEK and ASMH is 0.65, 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	0.65
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.63

The correlation between JTEK and ASMH has been stable across timeframes, ranging from 0.63 to 0.65 - a consistent structural relationship.

Return for Risk

JTEK vs. ASMH — Risk / Return Rank

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

JTEK

JTEK Risk / Return Rank: 21
JTEK Sharpe Ratio Rank: 21
JTEK Sortino Ratio Rank: 21
JTEK Omega Ratio Rank: 20
JTEK Calmar Ratio Rank: 21
JTEK Martin Ratio Rank: 22

ASMH

ASMH Risk / Return Rank: 95
ASMH Sharpe Ratio Rank: 97
ASMH Sortino Ratio Rank: 93
ASMH Omega Ratio Rank: 89
ASMH Calmar Ratio Rank: 98
ASMH Martin Ratio Rank: 96

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.

JTEK vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Tech Leaders ETF (JTEK) and ASML Holding NV ADR Hedged ETF (ASMH). 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.

	JTEK	ASMH	Difference
Sharpe ratio: Return per unit of total volatility	0.60	3.37	-2.77
Sortino ratio: Return per unit of downside risk	0.96	3.73	-2.76
Omega ratio: Gain probability vs. loss probability	1.12	1.45	-0.33
Calmar ratio: Return relative to maximum drawdown	0.77	9.79	-9.01
Martin ratio: Return relative to average drawdown	2.17	28.17	-26.00

JTEK vs. ASMH - Sharpe Ratio Comparison

The current JTEK Sharpe Ratio is 0.60, which is lower than the ASMH Sharpe Ratio of 3.37. The chart below compares the historical Sharpe Ratios of JTEK and ASMH, 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

JTEK vs. ASMH - Drawdown Comparison

The maximum JTEK drawdown since its inception was -30.61%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for JTEK and ASMH.

Drawdown Indicators

	JTEK	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-30.61%	-15.89%	-14.72%
Max Drawdown (1Y) Largest decline over 1 year	-22.02%	-14.75%	-7.27%
Current Drawdown Current decline from peak	-11.16%	-10.51%	-0.65%
Average Drawdown Average peak-to-trough decline	-5.58%	-4.41%	-1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.84%	5.17%	+2.67%

Volatility

JTEK vs. ASMH - Volatility Comparison

The current volatility for JPMorgan U.S. Tech Leaders ETF (JTEK) is 12.51%, while ASML Holding NV ADR Hedged ETF (ASMH) has a volatility of 18.11%. This indicates that JTEK experiences smaller price fluctuations and is considered to be less risky than ASMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JTEK	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.51%	18.11%	-5.60%
Volatility (6M) Calculated over the trailing 6-month period	23.78%	34.14%	-10.36%
Volatility (1Y) Calculated over the trailing 1-year period	28.50%	43.78%	-15.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.41%	41.26%	-12.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.41%	41.26%	-12.85%

JTEK vs. ASMH - Expense Ratio Comparison

JTEK has a 0.65% expense ratio, which is higher than ASMH's 0.19% expense ratio.

Dividends

JTEK vs. ASMH - Dividend Comparison

JTEK has not paid dividends to shareholders, while ASMH's dividend yield for the trailing twelve months is around 1.63%.

Position	TTM	2025
ASMH ASML Holding NV ADR Hedged ETF	1.63%	0.19%
JTEK JPMorgan U.S. Tech Leaders ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both JTEK and ASMH in my portfolio?

JTEK and ASMH have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JTEK or ASMH?

ASMH has higher volatility (18.11%) compared to JTEK (12.51%). In terms of maximum drawdown, JTEK dropped -30.61% vs ASMH's -15.89%.

Which ETF is better, JTEK or ASMH?

On 1-year performance, ASMH leads with 143.52% vs 16.98% for JTEK. On fees, ASMH is cheaper at 0.19% per year. On volatility, JTEK has been the lower-risk option at 12.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JTEK or ASMH?

Over the 1-year period, ASMH has performed better with a 143.52% return vs 16.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JTEK or ASMH?

ASMH is cheaper with a 0.19% expense ratio, compared with 0.65% for JTEK.

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

ASMH has the higher dividend yield at 1.63%, compared with 0.00% for JTEK.

What is the main difference between JTEK and ASMH?

They also come from different issuers: JPMorgan and Precidian Funds. Their fees differ too: 0.65% for JTEK and 0.19% for ASMH.

Which has better risk-adjusted returns?

ASMH currently has the higher Sharpe Ratio (3.37 vs 0.60), 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.