JUSA vs. ^GSPC
Compare and contrast key facts about JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) and S&P 500 (^GSPC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JUSA or ^GSPC.
Key characteristics
| JUSA | ^GSPC |
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Correlation
The correlation between JUSA and ^GSPC 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. ^GSPC - 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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Risk-Adjusted Performance
JUSA vs. ^GSPC - 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 S&P 500 (^GSPC). 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.
Drawdowns
JUSA vs. ^GSPC - Drawdown Comparison
Volatility
JUSA vs. ^GSPC - Volatility Comparison
The current volatility for JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) is 0.00%, while S&P 500 (^GSPC) has a volatility of 3.61%. This indicates that JUSA experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.