JTEK vs. GTEK

Last updated Aug 2, 2026

JTEK (JPMorgan U.S. Tech Leaders ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. Both are actively managed. Over the past year, JTEK returned 14.49% vs 54.17% for GTEK. Their correlation of 0.91 means they have usually moved in the same direction. JTEK charges 0.65%/yr vs 0.75%/yr for GTEK.

Performance

JTEK vs. GTEK - Performance Comparison

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

Returns By Period

In the year-to-date period, JTEK achieves a 4.84% return, which is significantly lower than GTEK's 34.87% return.

JTEK

• 1D: 0.62%
• 1M: -8.88%
• 6M: 7.25%
• YTD: 4.84%
• 1Y: 14.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 25.56%

GTEK

• 1D: 2.20%
• 1M: -9.56%
• 6M: 29.82%
• YTD: 34.87%
• 1Y: 54.17%
• 3Y*: 26.54%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.22%

*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)
GTEK Goldman Sachs Future Tech Leaders Equity ETF	$2.28M	$1.64M	$1.45M
JTEK JPMorgan U.S. Tech Leaders ETF	$29.81M	$34.23M	$31.22M

JTEK vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JTEK JPMorgan U.S. Tech Leaders ETF	4.84%	19.03%	28.69%	18.31%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	34.87%	23.68%	15.94%	19.31%

Correlation

The correlation between JTEK and GTEK is 0.92, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.92
Correlation (All Time) Calculated using the full available price history since Oct 5, 2023	0.91

The correlation between JTEK and GTEK has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

JTEK vs. GTEK - Sectors Allocation Comparison

Sectors	JTEK	GTEK
Technology	74.6%	70.8%
Communication Services	10.9%	4.8%
Consumer Cyclical	4.8%	6.3%
Financial Services	4.6%	1.2%
Industrials	3.5%	8.9%
Healthcare	1.6%	1.1%
Real Estate	1.0%	3.4%
Consumer Defensive	0.7%	-
Energy	0.2%	-
Basic Materials	-	3.5%
Utilities	-	-

Return for Risk

JTEK vs. GTEK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JTEK

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

GTEK

GTEK Risk / Return Rank: 72
GTEK Sharpe Ratio Rank: 72
GTEK Sortino Ratio Rank: 66
GTEK Omega Ratio Rank: 65
GTEK Calmar Ratio Rank: 74
GTEK Martin Ratio Rank: 80

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.

JTEK vs. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Tech Leaders ETF (JTEK) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). 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	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	0.39	1.64	-1.25
Sortino ratio: Return per unit of downside risk	0.72	2.18	-1.47
Omega ratio: Gain probability vs. loss probability	1.09	1.27	-0.19
Calmar ratio: Return relative to maximum drawdown	0.52	2.60	-2.08
Martin ratio: Return relative to average drawdown	1.36	10.41	-9.05

JTEK vs. GTEK - Sharpe Ratio Comparison

The current JTEK Sharpe Ratio is 0.39, which is lower than the GTEK Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of JTEK and GTEK, 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. GTEK - Drawdown Comparison

The maximum JTEK drawdown since its inception was -30.61%, smaller than the maximum GTEK drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for JTEK and GTEK.

Drawdown Indicators

	JTEK	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-30.61%	-53.77%	+23.16%
Max Drawdown (1Y) Largest decline over 1 year	-22.02%	-19.64%	-2.38%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.49%	—
Current Drawdown Current decline from peak	-15.35%	-14.28%	-1.07%
Average Drawdown Average peak-to-trough decline	-5.72%	-26.84%	+21.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.40%	4.91%	+3.49%

Volatility

JTEK vs. GTEK - Volatility Comparison

The current volatility for JPMorgan U.S. Tech Leaders ETF (JTEK) is 11.19%, while Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has a volatility of 12.14%. This indicates that JTEK experiences smaller price fluctuations and is considered to be less risky than GTEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JTEK	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.19%	12.14%	-0.95%
Volatility (6M) Calculated over the trailing 6-month period	24.61%	27.35%	-2.74%
Volatility (1Y) Calculated over the trailing 1-year period	29.35%	31.18%	-1.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.53%	28.98%	-0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.53%	28.98%	-0.45%

JTEK vs. GTEK - Expense Ratio Comparison

JTEK has a 0.65% expense ratio, which is lower than GTEK's 0.75% expense ratio.

Dividends

JTEK vs. GTEK - Dividend Comparison

Neither JTEK nor GTEK has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%
JTEK JPMorgan U.S. Tech Leaders ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JTEK and GTEK in my portfolio?

With a correlation of 0.92, JTEK and GTEK 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.

Which is riskier, JTEK or GTEK?

GTEK has higher volatility (12.14%) compared to JTEK (11.19%). In terms of maximum drawdown, JTEK dropped -30.61% vs GTEK's -53.77%.

Which ETF is better, JTEK or GTEK?

On 1-year performance, GTEK leads with 54.17% vs 14.49% for JTEK. On fees, JTEK is cheaper at 0.65% per year. On volatility, JTEK has been the lower-risk option at 11.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JTEK or GTEK?

Over the 1-year period, GTEK has performed better with a 54.17% return vs 14.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JTEK or GTEK?

JTEK is cheaper with a 0.65% expense ratio, compared with 0.75% for GTEK.

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

JTEK and GTEK have nearly identical dividend yields, around 0.00%.

What is the main difference between JTEK and GTEK?

They also come from different issuers: JPMorgan and Goldman Sachs. Their fees differ too: 0.65% for JTEK and 0.75% for GTEK.

Which has better risk-adjusted returns?

GTEK currently has the higher Sharpe Ratio (1.64 vs 0.39), 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.