JUSA vs. BPH

Last updated Jun 6, 2026

JUSA (JPMorgan U.S. Research Enhanced Large Cap ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - JUSA is a Large Cap Blend Equities fund actively managed by JPMorgan, while BPH is a Oil & Gas fund actively managed by Precidian. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. JUSA charges 0.20%/yr vs 0.19%/yr for BPH.

Performance

JUSA vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Research Enhanced Large Cap ETF (JUSA) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JUSA

• 1D: -2.43%
• 1M: -0.02%
• YTD: 7.68%
• 6M: 7.58%
• 1Y: 24.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: -1.59%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JUSA vs. BPH - Yearly Performance Comparison

	2026 (YTD)
JUSA JPMorgan U.S. Research Enhanced Large Cap ETF	-1.64%
BPH BP p.l.c. ADRhedged ETF	1.58%

Correlation

The correlation between JUSA and BPH is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	0.19

JUSA vs. BPH - Sectors Allocation Comparison

Sectors	JUSA	BPH
Technology	35.6%	-
Financial Services	11.7%	-
Consumer Cyclical	11.1%	-
Communication Services	11.0%	-
Healthcare	8.5%	-
Industrials	8.3%	-
Consumer Defensive	4.3%	-
Energy	3.5%	100.0%
Utilities	2.4%	-
Real Estate	1.9%	-
Basic Materials	1.9%	-

Return for Risk

JUSA vs. BPH — Risk / Return Rank

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

JUSA

JUSA Risk / Return Rank: 66
JUSA Sharpe Ratio Rank: 67
JUSA Sortino Ratio Rank: 65
JUSA Omega Ratio Rank: 67
JUSA Calmar Ratio Rank: 60
JUSA Martin Ratio Rank: 73

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.

JUSA vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Research Enhanced Large Cap ETF (JUSA) and BP p.l.c. ADRhedged ETF (BPH). 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.

	JUSA	BPH	Difference
Sharpe ratio: Return per unit of total volatility	2.05	—	—
Sortino ratio: Return per unit of downside risk	2.81	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.77	—	—
Martin ratio: Return relative to average drawdown	12.73	—	—
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

	JUSA	BPH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	2.77	-1.45

Drawdowns

JUSA vs. BPH - Drawdown Comparison

The maximum JUSA drawdown since its inception was -14.02%, which is greater than BPH's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for JUSA and BPH.

Drawdown Indicators

	JUSA	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-14.02%	-2.35%	-11.67%
Max Drawdown (1Y) Largest decline over 1 year	-8.93%	—	—
Current Drawdown Current decline from peak	-2.81%	-1.59%	-1.22%
Average Drawdown Average peak-to-trough decline	-1.51%	-1.01%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	—	—

Volatility

Volatility by Period

	JUSA	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.53%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.08%	24.64%	-12.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.79%	24.64%	-5.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.79%	24.64%	-5.85%

JUSA vs. BPH - Expense Ratio Comparison

JUSA has a 0.20% expense ratio, which is higher than BPH's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

JUSA vs. BPH - Dividend Comparison

JUSA's dividend yield for the trailing twelve months is around 0.88%, while BPH has not paid dividends to shareholders.

Position	TTM	2025
BPH BP p.l.c. ADRhedged ETF	0.00%	0.00%
JUSA JPMorgan U.S. Research Enhanced Large Cap ETF	0.88%	0.77%

Frequently Asked Questions

Can I hold both JUSA and BPH in my portfolio?

JUSA and BPH have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JUSA or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JUSA or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.20% for JUSA.

Which ETF pays a higher dividend yield, JUSA or BPH?

JUSA has the higher dividend yield at 0.88%, compared with 0.00% for BPH.

What is the main difference between JUSA and BPH?

JUSA is categorized as Large Cap Blend Equities, while BPH is Oil & Gas. They also come from different issuers: JPMorgan and Precidian. Their fees differ too: 0.20% for JUSA and 0.19% for BPH.