JVAL vs. FNDX
Compare and contrast key facts about JPMorgan U.S. Value Factor ETF (JVAL) and Schwab Fundamental U.S. Large Company Index ETF (FNDX).
JVAL and FNDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JVAL is a passively managed fund by JPMorgan Chase that tracks the performance of the JP Morgan US Value Factor Index. It was launched on Nov 8, 2017. FNDX is a passively managed fund by Charles Schwab that tracks the performance of the Russell Fundamental U.S. Large Company Index. It was launched on Aug 15, 2013. Both JVAL and FNDX 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: JVAL or FNDX.
Key characteristics
| JVAL | FNDX | |
|---|---|---|
| YTD Return | 17.33% | 21.50% |
| 1Y Return | 27.96% | 31.86% |
| 3Y Return (Ann) | 7.72% | 12.59% |
| 5Y Return (Ann) | 12.34% | 17.58% |
| Sharpe Ratio | 2.22 | 2.98 |
| Sortino Ratio | 3.05 | 4.06 |
| Omega Ratio | 1.39 | 1.54 |
| Calmar Ratio | 3.76 | 5.05 |
| Martin Ratio | 13.53 | 19.36 |
| Ulcer Index | 2.13% | 1.68% |
| Daily Std Dev | 13.03% | 10.95% |
| Max Drawdown | -40.42% | -37.71% |
| Current Drawdown | -1.77% | -1.21% |
Correlation
The correlation between JVAL and FNDX is 0.90, 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
JVAL vs. FNDX - Performance Comparison
In the year-to-date period, JVAL achieves a 17.33% return, which is significantly lower than FNDX's 21.50% return. 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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JVAL vs. FNDX - Expense Ratio Comparison
JVAL has a 0.12% expense ratio, which is lower than FNDX's 0.25% 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%.
Risk-Adjusted Performance
JVAL vs. FNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Value Factor ETF (JVAL) and Schwab Fundamental U.S. Large Company Index ETF (FNDX). 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
JVAL vs. FNDX - Dividend Comparison
JVAL's dividend yield for the trailing twelve months is around 2.22%, less than FNDX's 3.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JVAL JPMorgan U.S. Value Factor ETF | 2.22% | 2.43% | 2.46% | 1.88% | 2.55% | 2.58% | 2.61% | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% |
FNDX Schwab Fundamental U.S. Large Company Index ETF | 3.31% | 3.75% | 4.06% | 3.27% | 5.87% | 6.68% | 4.97% | 4.54% | 3.96% | 4.20% | 3.97% | 0.46% |
Drawdowns
JVAL vs. FNDX - Drawdown Comparison
The maximum JVAL drawdown since its inception was -40.42%, which is greater than FNDX's maximum drawdown of -37.71%. Use the drawdown chart below to compare losses from any high point for JVAL and FNDX. For additional features, visit the drawdowns tool.
Volatility
JVAL vs. FNDX - Volatility Comparison
JPMorgan U.S. Value Factor ETF (JVAL) has a higher volatility of 4.14% compared to Schwab Fundamental U.S. Large Company Index ETF (FNDX) at 3.91%. This indicates that JVAL's price experiences larger fluctuations and is considered to be riskier than FNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.