JTEK vs. JCTR

Last updated Jun 4, 2026

JTEK (JPMorgan U.S. Tech Leaders ETF) and JCTR (JPMorgan Carbon Transition U.S. Equity ETF) are both exchange-traded funds - JTEK is a Technology Equities fund actively managed by JPMorgan, while JCTR is a Large Cap Blend Equities fund tracking the JPMorgan Asset Management Carbon Transition U.S. Equity Index. JTEK is actively managed, while JCTR is passively managed. A 0.70 correlation means they provide meaningful diversification when combined. JTEK charges 0.65%/yr vs 0.15%/yr for JCTR.

Performance

JTEK vs. JCTR - Performance Comparison

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

Returns By Period

JTEK

• 1D: -0.98%
• 1M: 13.34%
• YTD: 22.19%
• 6M: 19.61%
• 1Y: 39.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JCTR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JTEK vs. JCTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JTEK JPMorgan U.S. Tech Leaders ETF	22.19%	19.03%	28.69%	18.14%
JCTR JPMorgan Carbon Transition U.S. Equity ETF	0.00%	13.55%	24.74%	12.88%

Correlation

The correlation between JTEK and JCTR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Oct 6, 2023	0.70

Over the past year, the correlation between JTEK and JCTR has dropped to 0.33 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.

JTEK vs. JCTR - Sectors Allocation Comparison

Sectors	JTEK	JCTR
Technology	63.8%	37.2%
Communication Services	17.9%	9.5%
Consumer Cyclical	9.2%	10.9%
Financial Services	4.5%	14.7%
Industrials	2.2%	6.3%
Healthcare	1.5%	9.5%
Real Estate	1.0%	2.3%
Energy	0.8%	2.9%
Basic Materials	-	1.7%
Consumer Defensive	-	2.9%
Utilities	-	2.0%

Return for Risk

JTEK vs. JCTR — Risk / Return Rank

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

JTEK

JTEK Risk / Return Rank: 40
JTEK Sharpe Ratio Rank: 47
JTEK Sortino Ratio Rank: 42
JTEK Omega Ratio Rank: 42
JTEK Calmar Ratio Rank: 36
JTEK Martin Ratio Rank: 34

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. JCTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Tech Leaders ETF (JTEK) and JPMorgan Carbon Transition U.S. Equity ETF (JCTR). 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.

	JTEK	JCTR	Difference
Sharpe ratio: Return per unit of total volatility	1.65	—	—
Sortino ratio: Return per unit of downside risk	2.18	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	1.82	—	—
Martin ratio: Return relative to average drawdown	5.31	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JTEK	JCTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.28	—	—

Drawdowns

Drawdown Indicators

	JTEK	JCTR	Difference
Max Drawdown Largest peak-to-trough decline	-30.61%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-22.02%	—	—
Current Drawdown Current decline from peak	-0.98%	—	—
Average Drawdown Average peak-to-trough decline	-5.58%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.54%	—	—

Volatility

Volatility by Period

	JTEK	JCTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.31%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.37%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.37%	—	—

JTEK vs. JCTR - Expense Ratio Comparison

JTEK has a 0.65% expense ratio, which is higher than JCTR's 0.15% expense ratio.

Dividends

JTEK vs. JCTR - Dividend Comparison

JTEK has not paid dividends to shareholders, while JCTR's dividend yield for the trailing twelve months is around 0.43%.

Position	TTM	2025	2024	2023	2022	2021	2020
JCTR JPMorgan Carbon Transition U.S. Equity ETF	0.43%	0.61%	1.04%	1.88%	1.53%	1.13%	0.13%
JTEK JPMorgan U.S. Tech Leaders ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JTEK and JCTR in my portfolio?

JTEK and JCTR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JTEK or JCTR?

On fees, JCTR is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JTEK or JCTR?

JCTR is cheaper with a 0.15% expense ratio, compared with 0.65% for JTEK.

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

JCTR has the higher dividend yield at 0.43%, compared with 0.00% for JTEK.

What is the main difference between JTEK and JCTR?

JTEK is categorized as Technology Equities, while JCTR is Large Cap Blend Equities. Their fees differ too: 0.65% for JTEK and 0.15% for JCTR.