JUESX vs. DFAW

Last updated Jun 20, 2026

JUESX (JPMorgan US Equity Fund Class I) and DFAW (Dimensional World Equity ETF) are both funds - JUESX is a Large Cap Blend Equities fund managed by JPMorgan, while DFAW is a Global Equities fund actively managed by Dimensional. Over the past year, JUESX returned 19.74% vs 30.46% for DFAW. Their correlation of 0.90 suggests significant overlap in exposure. JUESX charges 0.69%/yr vs 0.25%/yr for DFAW.

Performance

JUESX vs. DFAW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan US Equity Fund Class I (JUESX) and Dimensional World Equity ETF (DFAW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JUESX achieves a 5.54% return, which is significantly lower than DFAW's 12.92% return.

JUESX

• 1D: 1.14%
• 1M: 1.36%
• YTD: 5.54%
• 6M: 5.66%
• 1Y: 19.74%
• 3Y*: 20.07%
• 5Y*: 13.55%
• 10Y*: 15.88%

DFAW

• 1D: 0.06%
• 1M: 1.62%
• YTD: 12.92%
• 6M: 12.38%
• 1Y: 30.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JUESX vs. DFAW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JUESX JPMorgan US Equity Fund Class I	5.54%	14.39%	31.07%	12.16%
DFAW Dimensional World Equity ETF	12.92%	20.62%	15.49%	11.44%

Correlation

The correlation between JUESX and DFAW is 0.90, 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	0.90
Correlation (All Time) Calculated using the full available price history since Sep 27, 2023	0.90

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

Return for Risk

JUESX vs. DFAW — Risk / Return Rank

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

JUESX

JUESX Risk / Return Rank: 30
JUESX Sharpe Ratio Rank: 32
JUESX Sortino Ratio Rank: 30
JUESX Omega Ratio Rank: 33
JUESX Calmar Ratio Rank: 23
JUESX Martin Ratio Rank: 30

DFAW

DFAW Risk / Return Rank: 77
DFAW Sharpe Ratio Rank: 79
DFAW Sortino Ratio Rank: 78
DFAW Omega Ratio Rank: 78
DFAW Calmar Ratio Rank: 71
DFAW Martin Ratio Rank: 79

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.

JUESX vs. DFAW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan US Equity Fund Class I (JUESX) and Dimensional World Equity ETF (DFAW). 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.

	JUESX	DFAW	Difference
Sharpe ratio: Return per unit of total volatility	1.51	2.42	-0.91
Sortino ratio: Return per unit of downside risk	2.10	3.30	-1.19
Omega ratio: Gain probability vs. loss probability	1.28	1.44	-0.16
Calmar ratio: Return relative to maximum drawdown	1.64	3.44	-1.81
Martin ratio: Return relative to average drawdown	6.47	15.01	-8.53

JUESX vs. DFAW - Sharpe Ratio Comparison

The current JUESX Sharpe Ratio is 1.51, which is lower than the DFAW Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of JUESX and DFAW, 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

JUESX vs. DFAW - Drawdown Comparison

The maximum JUESX drawdown since its inception was -58.74%, which is greater than DFAW's maximum drawdown of -16.93%. Use the drawdown chart below to compare losses from any high point for JUESX and DFAW.

Drawdown Indicators

	JUESX	DFAW	Difference
Max Drawdown Largest peak-to-trough decline	-58.74%	-16.93%	-41.81%
Max Drawdown (1Y) Largest decline over 1 year	-11.99%	-8.88%	-3.11%
Max Drawdown (3Y) Largest decline over 3 years	-19.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.41%	—	—
Current Drawdown Current decline from peak	-0.77%	-0.55%	-0.22%
Average Drawdown Average peak-to-trough decline	-12.06%	-1.70%	-10.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	2.03%	+1.00%

Volatility

JUESX vs. DFAW - Volatility Comparison

JPMorgan US Equity Fund Class I (JUESX) has a higher volatility of 5.29% compared to Dimensional World Equity ETF (DFAW) at 4.80%. This indicates that JUESX's price experiences larger fluctuations and is considered to be riskier than DFAW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JUESX	DFAW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.29%	4.80%	+0.49%
Volatility (6M) Calculated over the trailing 6-month period	10.53%	10.26%	+0.27%
Volatility (1Y) Calculated over the trailing 1-year period	13.00%	12.68%	+0.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.55%	14.57%	+2.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.62%	14.57%	+4.05%

JUESX vs. DFAW - Expense Ratio Comparison

JUESX has a 0.69% expense ratio, which is higher than DFAW's 0.25% expense ratio.

Dividends

JUESX vs. DFAW - Dividend Comparison

JUESX's dividend yield for the trailing twelve months is around 5.44%, more than DFAW's 1.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFAW Dimensional World Equity ETF	1.54%	1.71%	1.47%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JUESX JPMorgan US Equity Fund Class I	5.44%	5.73%	11.92%	1.94%	4.97%	10.64%	6.38%	9.92%	14.45%	8.60%	4.64%	5.94%

Frequently Asked Questions

Can I hold both JUESX and DFAW in my portfolio?

JUESX and DFAW have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JUESX or DFAW?

JUESX has higher volatility (5.29%) compared to DFAW (4.80%). In terms of maximum drawdown, JUESX dropped -58.74% vs DFAW's -16.93%.

Which has better risk-adjusted returns?

DFAW currently has the higher Sharpe Ratio (2.42 vs 1.51), 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.