JTEK vs. VUG

Last updated Jun 4, 2026

JTEK (JPMorgan U.S. Tech Leaders ETF) and VUG (Vanguard Growth ETF) are both exchange-traded funds - JTEK is a Technology Equities fund actively managed by JPMorgan, while VUG is a Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. JTEK is actively managed, while VUG is passively managed. Over the past year, JTEK returned 39.97% vs 27.84% for VUG. Their correlation of 0.90 suggests significant overlap in exposure. JTEK charges 0.65%/yr vs 0.03%/yr for VUG.

Performance

JTEK vs. VUG - Performance Comparison

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

Returns By Period

In the year-to-date period, JTEK achieves a 22.19% return, which is significantly higher than VUG's 9.49% return.

JTEK

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

VUG

• 1D: -1.23%
• 1M: 6.22%
• YTD: 9.49%
• 6M: 8.72%
• 1Y: 27.84%
• 3Y*: 25.93%
• 5Y*: 15.11%
• 10Y*: 18.26%

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

JTEK vs. VUG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JTEK JPMorgan U.S. Tech Leaders ETF	22.19%	19.03%	28.69%	18.14%
VUG Vanguard Growth ETF	9.49%	19.40%	32.69%	13.97%

Correlation

The correlation between JTEK and VUG is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since Oct 6, 2023	0.90

The correlation between JTEK and VUG has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.

JTEK vs. VUG - Sectors Allocation Comparison

Sectors	JTEK	VUG
Technology	63.8%	53.5%
Communication Services	17.9%	17.3%
Consumer Cyclical	9.2%	12.2%
Financial Services	4.5%	4.3%
Industrials	2.2%	3.6%
Healthcare	1.5%	4.6%
Real Estate	1.0%	1.0%
Energy	0.8%	0.4%
Basic Materials	-	0.6%
Consumer Defensive	-	1.5%
Utilities	-	0.9%

Return for Risk

JTEK vs. VUG — 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

VUG

VUG Risk / Return Rank: 43
VUG Sharpe Ratio Rank: 50
VUG Sortino Ratio Rank: 47
VUG Omega Ratio Rank: 48
VUG Calmar Ratio Rank: 33
VUG Martin Ratio Rank: 37

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. VUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Tech Leaders ETF (JTEK) and Vanguard Growth ETF (VUG). 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	VUG	Difference
Sharpe ratio Return per unit of total volatility	1.65	1.77	-0.11
Sortino ratio Return per unit of downside risk	2.18	2.40	-0.22
Omega ratio Gain probability vs. loss probability	1.28	1.31	-0.03
Calmar ratio Return relative to maximum drawdown	1.82	1.69	+0.13
Martin ratio Return relative to average drawdown	5.31	5.92	-0.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JTEK vs. VUG - Sharpe Ratio Comparison

The current JTEK Sharpe Ratio is 1.65, which is comparable to the VUG Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of JTEK and VUG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JTEK	VUG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	1.77	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.28	0.62	+0.66

Drawdowns

JTEK vs. VUG - Drawdown Comparison

The maximum JTEK drawdown since its inception was -30.61%, smaller than the maximum VUG drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for JTEK and VUG.

Drawdown Indicators

	JTEK	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-30.61%	-50.68%	+20.07%
Max Drawdown (1Y) Largest decline over 1 year	-22.02%	-16.53%	-5.49%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.61%	—
Current Drawdown Current decline from peak	-0.98%	-1.51%	+0.53%
Average Drawdown Average peak-to-trough decline	-5.58%	-7.09%	+1.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.54%	4.71%	+2.83%

Volatility

JTEK vs. VUG - Volatility Comparison

JPMorgan U.S. Tech Leaders ETF (JTEK) has a higher volatility of 7.32% compared to Vanguard Growth ETF (VUG) at 3.83%. This indicates that JTEK's price experiences larger fluctuations and is considered to be riskier than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JTEK	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.32%	3.83%	+3.49%
Volatility (6M) Calculated over the trailing 6-month period	18.74%	12.11%	+6.63%
Volatility (1Y) Calculated over the trailing 1-year period	24.31%	15.84%	+8.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.37%	22.22%	+5.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.37%	21.44%	+5.93%

JTEK vs. VUG - Expense Ratio Comparison

JTEK has a 0.65% expense ratio, which is higher than VUG's 0.03% expense ratio.

Dividends

JTEK vs. VUG - Dividend Comparison

JTEK has not paid dividends to shareholders, while VUG's dividend yield for the trailing twelve months is around 0.37%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VUG Vanguard Growth ETF	0.37%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both JTEK and VUG in my portfolio?

JTEK and VUG have a correlation of 0.87, 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 VUG?

JTEK has higher volatility (7.32%) compared to VUG (3.83%). In terms of maximum drawdown, JTEK dropped -30.61% vs VUG's -50.68%.

Which ETF is better, JTEK or VUG?

On 1-year performance, JTEK leads with 39.97% vs 27.84% for VUG. On fees, VUG is cheaper at 0.03% per year. On volatility, VUG has been the lower-risk option at 3.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JTEK or VUG?

Over the 1-year period, JTEK has performed better with a 39.97% return vs 27.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JTEK or VUG?

VUG is cheaper with a 0.03% expense ratio, compared with 0.65% for JTEK.

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

VUG has the higher dividend yield at 0.37%, compared with 0.00% for JTEK.

What is the main difference between JTEK and VUG?

JTEK is categorized as Technology Equities, while VUG is Large Cap Growth Equities. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.65% for JTEK and 0.03% for VUG.

Which has better risk-adjusted returns?

VUG currently has the higher Sharpe Ratio (1.77 vs 1.65), 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.