JVAL vs. AVLV

Last updated Aug 4, 2026

JVAL (JPMorgan U.S. Value Factor ETF) and AVLV (Avantis U.S. Large Cap Value ETF) are both Large Cap Value Equities funds. JVAL is passively managed, while AVLV is actively managed. Over the past 3 years, JVAL returned 19.42%/yr vs 21.00%/yr for AVLV. Their correlation of 0.94 means they have usually moved in the same direction. JVAL charges 0.12%/yr vs 0.15%/yr for AVLV.

Performance

JVAL vs. AVLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Value Factor ETF (JVAL) and Avantis U.S. Large Cap Value ETF (AVLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JVAL achieves a 19.89% return, which is significantly lower than AVLV's 23.60% return.

JVAL

• 1D: 1.20%
• 1M: 1.02%
• 6M: 14.82%
• YTD: 19.89%
• 1Y: 34.83%
• 3Y*: 19.42%
• 5Y*: 12.53%
• 10Y*: —
• ALL TIME*: 12.96%

AVLV

• 1D: 1.01%
• 1M: 2.49%
• 6M: 14.26%
• YTD: 23.60%
• 1Y: 37.90%
• 3Y*: 21.00%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.98%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVLV Avantis U.S. Large Cap Value ETF	$110.88M	$105.15M	$154.25M
JVAL JPMorgan U.S. Value Factor ETF	$2.04M	$2.35M	$3.17M

JVAL vs. AVLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JVAL JPMorgan U.S. Value Factor ETF	19.89%	16.16%	14.53%	19.48%	-11.58%	8.12%
AVLV Avantis U.S. Large Cap Value ETF	23.60%	15.12%	17.49%	17.43%	-5.53%	6.27%

Correlation

The correlation between JVAL and AVLV is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.93
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021	0.94

The correlation between JVAL and AVLV has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

JVAL vs. AVLV - Sectors Allocation Comparison

Sectors	JVAL	AVLV
Technology	39.9%	16.9%
Financial Services	10.8%	21.5%
Healthcare	10.0%	4.4%
Consumer Cyclical	9.5%	14.2%
Communication Services	8.4%	6.7%
Industrials	7.8%	15.3%
Energy	3.6%	12.7%
Consumer Defensive	2.6%	6.2%
Utilities	2.5%	0.4%
Basic Materials	2.2%	1.8%
Real Estate	1.8%	0.0%

Return for Risk

JVAL vs. AVLV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JVAL

JVAL Risk / Return Rank: 91
JVAL Sharpe Ratio Rank: 92
JVAL Sortino Ratio Rank: 90
JVAL Omega Ratio Rank: 89
JVAL Calmar Ratio Rank: 91
JVAL Martin Ratio Rank: 92

AVLV

AVLV Risk / Return Rank: 96
AVLV Sharpe Ratio Rank: 96
AVLV Sortino Ratio Rank: 96
AVLV Omega Ratio Rank: 95
AVLV Calmar Ratio Rank: 96
AVLV Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JVAL vs. AVLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Value Factor ETF (JVAL) and Avantis U.S. Large Cap Value ETF (AVLV). 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.

	JVAL	AVLV	Difference
Sharpe ratio: Return per unit of total volatility	2.40	3.09	-0.69
Sortino ratio: Return per unit of downside risk	3.28	4.27	-0.99
Omega ratio: Gain probability vs. loss probability	1.42	1.56	-0.14
Calmar ratio: Return relative to maximum drawdown	4.13	5.96	-1.83
Martin ratio: Return relative to average drawdown	16.01	24.13	-8.12

JVAL vs. AVLV - Sharpe Ratio Comparison

The current JVAL Sharpe Ratio is 2.40, which is comparable to the AVLV Sharpe Ratio of 3.09. The chart below compares the historical Sharpe Ratios of JVAL and AVLV, 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

JVAL vs. AVLV - Drawdown Comparison

The maximum JVAL drawdown since its inception was -40.42%, which is greater than AVLV's maximum drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for JVAL and AVLV.

Drawdown Indicators

	JVAL	AVLV	Difference
Max Drawdown Largest peak-to-trough decline	-40.42%	-19.50%	-20.92%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-6.39%	-2.09%
Max Drawdown (3Y) Largest decline over 3 years	-20.07%	-19.50%	-0.57%
Max Drawdown (5Y) Largest decline over 5 years	-22.39%	—	—
Current Drawdown Current decline from peak	-0.39%	0.00%	-0.39%
Average Drawdown Average peak-to-trough decline	-5.23%	-3.82%	-1.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	1.58%	+0.60%

Volatility

JVAL vs. AVLV - Volatility Comparison

JPMorgan U.S. Value Factor ETF (JVAL) has a higher volatility of 3.32% compared to Avantis U.S. Large Cap Value ETF (AVLV) at 2.53%. This indicates that JVAL's price experiences larger fluctuations and is considered to be riskier than AVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JVAL	AVLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.32%	2.53%	+0.79%
Volatility (6M) Calculated over the trailing 6-month period	11.14%	8.88%	+2.26%
Volatility (1Y) Calculated over the trailing 1-year period	14.58%	12.35%	+2.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.20%	17.17%	+0.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.76%	17.17%	+2.59%

JVAL vs. AVLV - Expense Ratio Comparison

JVAL has a 0.12% expense ratio, which is lower than AVLV's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

JVAL vs. AVLV - Dividend Comparison

JVAL's dividend yield for the trailing twelve months is around 1.63%, more than AVLV's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVLV Avantis U.S. Large Cap Value ETF	1.05%	1.33%	1.58%	1.85%	2.00%	0.29%	0.00%	0.00%	0.00%	0.00%
JVAL JPMorgan U.S. Value Factor ETF	1.63%	2.08%	2.21%	2.43%	2.46%	1.88%	2.55%	2.58%	2.61%	0.45%

Frequently Asked Questions

Can I hold both JVAL and AVLV in my portfolio?

JVAL and AVLV 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, JVAL or AVLV?

JVAL has higher volatility (3.32%) compared to AVLV (2.53%). In terms of maximum drawdown, JVAL dropped -40.42% vs AVLV's -19.50%.

Which ETF is better, JVAL or AVLV?

On 3-year performance, AVLV leads with 21.00% vs 19.42% for JVAL. On fees, JVAL is cheaper at 0.12% per year. On volatility, AVLV has been the lower-risk option at 2.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JVAL or AVLV?

Over the 3-year period, AVLV has performed better with a 21.00% return vs 19.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JVAL or AVLV?

JVAL is cheaper with a 0.12% expense ratio, compared with 0.15% for AVLV.

Which ETF pays a higher dividend yield, JVAL or AVLV?

JVAL has the higher dividend yield at 1.63%, compared with 1.05% for AVLV.

What is the main difference between JVAL and AVLV?

They also come from different issuers: JPMorgan and Avantis. Their fees differ too: 0.12% for JVAL and 0.15% for AVLV.

Which has better risk-adjusted returns?

AVLV currently has the higher Sharpe Ratio (3.09 vs 2.40), 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.