JTEK vs. POLIX
Compare and contrast key facts about JPMorgan U.S. Tech Leaders ETF (JTEK) and Polen Growth Fund (POLIX).
JTEK is an actively managed fund by JPMorgan. It was launched on Oct 4, 2023. POLIX is managed by Polen Capital. It was launched on Sep 15, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JTEK or POLIX.
Key characteristics
| JTEK | POLIX | |
|---|---|---|
| YTD Return | 12.14% | 9.66% |
| Daily Std Dev | 25.04% | 15.84% |
| Max Drawdown | -18.26% | -42.84% |
| Current Drawdown | -8.23% | -9.18% |
Correlation
The correlation between JTEK and POLIX is 0.80, 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.
Performance
JTEK vs. POLIX - Performance Comparison
In the year-to-date period, JTEK achieves a 12.14% return, which is significantly higher than POLIX's 9.66% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JTEK vs. POLIX - Expense Ratio Comparison
JTEK has a 0.65% expense ratio, which is lower than POLIX's 0.96% expense ratio.
Risk-Adjusted Performance
JTEK vs. POLIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Tech Leaders ETF (JTEK) and Polen Growth Fund (POLIX). 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.
Not enough dataDividends
JTEK vs. POLIX - Dividend Comparison
Neither JTEK nor POLIX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JTEK JPMorgan U.S. Tech Leaders ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
POLIX Polen Growth Fund | 0.00% | 0.00% | 10.54% | 3.97% | 1.25% | 0.12% | 2.77% | 1.66% | 0.01% | 4.29% | 7.18% | 1.45% |
Drawdowns
JTEK vs. POLIX - Drawdown Comparison
The maximum JTEK drawdown since its inception was -18.26%, smaller than the maximum POLIX drawdown of -42.84%. Use the drawdown chart below to compare losses from any high point for JTEK and POLIX. For additional features, visit the drawdowns tool.
Volatility
JTEK vs. POLIX - Volatility Comparison
JPMorgan U.S. Tech Leaders ETF (JTEK) has a higher volatility of 7.76% compared to Polen Growth Fund (POLIX) at 3.70%. This indicates that JTEK's price experiences larger fluctuations and is considered to be riskier than POLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.