JUSA vs. SPY
Compare and contrast key facts about JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) and SPDR S&P 500 ETF (SPY).
JUSA and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JUSA is a passively managed fund by JPMorgan Chase that tracks the performance of the S&P 500. It was launched on Jul 7, 2021. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both JUSA and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JUSA or SPY.
Key characteristics
| JUSA | SPY |
|---|
Correlation
The correlation between JUSA and SPY is 0.89, 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
JUSA vs. SPY - Performance Comparison
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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JUSA vs. SPY - Expense Ratio Comparison
JUSA has a 0.17% expense ratio, which is higher than SPY's 0.09% 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%.
Risk-Adjusted Performance
JUSA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) and SPDR S&P 500 ETF (SPY). 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.
Dividends
JUSA vs. SPY - Dividend Comparison
JUSA has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.29%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF | 0.00% | 0.00% | 1.57% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.29% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
JUSA vs. SPY - Drawdown Comparison
Volatility
JUSA vs. SPY - Volatility Comparison
The current volatility for JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.62%. This indicates that JUSA experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.