JTEK vs. VGT
Compare and contrast key facts about JPMorgan U.S. Tech Leaders ETF (JTEK) and Vanguard Information Technology ETF (VGT).
JTEK and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JTEK is an actively managed fund by JPMorgan. It was launched on Oct 4, 2023. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JTEK or VGT.
Key characteristics
| JTEK | VGT | |
|---|---|---|
| YTD Return | 12.14% | 16.75% |
| Daily Std Dev | 25.04% | 20.76% |
| Max Drawdown | -18.26% | -54.63% |
| Current Drawdown | -8.23% | -7.23% |
Correlation
The correlation between JTEK and VGT is 0.93, 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. VGT - Performance Comparison
In the year-to-date period, JTEK achieves a 12.14% return, which is significantly lower than VGT's 16.75% 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. VGT - Expense Ratio Comparison
JTEK has a 0.65% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
JTEK vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Tech Leaders ETF (JTEK) and Vanguard Information Technology ETF (VGT). 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. VGT - Dividend Comparison
JTEK has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.66%.
| 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% |
VGT Vanguard Information Technology ETF | 0.66% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
JTEK vs. VGT - Drawdown Comparison
The maximum JTEK drawdown since its inception was -18.26%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for JTEK and VGT. For additional features, visit the drawdowns tool.
Volatility
JTEK vs. VGT - Volatility Comparison
JPMorgan U.S. Tech Leaders ETF (JTEK) has a higher volatility of 7.76% compared to Vanguard Information Technology ETF (VGT) at 7.27%. This indicates that JTEK's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.