JVAL vs. FUNL

Last updated Jun 4, 2026

JVAL (JPMorgan U.S. Value Factor ETF) and FUNL (CornerCap Fundametrics Large-Cap ETF FUNL) are both Large Cap Value Equities funds. JVAL is passively managed, while FUNL is actively managed. Over the past 5 years, JVAL returned 12.29%/yr vs 9.42%/yr for FUNL. Their correlation of 0.93 suggests significant overlap in exposure. JVAL charges 0.12%/yr vs 0.50%/yr for FUNL.

Performance

JVAL vs. FUNL - Performance Comparison

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

Returns By Period

In the year-to-date period, JVAL achieves a 19.44% return, which is significantly higher than FUNL's 5.66% return.

JVAL

• 1D: -0.29%
• 1M: 8.75%
• YTD: 19.44%
• 6M: 19.72%
• 1Y: 39.93%
• 3Y*: 22.05%
• 5Y*: 12.29%
• 10Y*: —

FUNL

• 1D: 0.00%
• 1M: 0.00%
• YTD: 5.66%
• 6M: 7.22%
• 1Y: 18.97%
• 3Y*: 16.53%
• 5Y*: 9.42%
• 10Y*: —

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

JVAL vs. FUNL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
JVAL JPMorgan U.S. Value Factor ETF	19.44%	16.16%	14.53%	19.48%	-11.58%	31.31%	18.84%
FUNL CornerCap Fundametrics Large-Cap ETF FUNL	5.66%	14.62%	15.55%	14.33%	-5.76%	25.93%	14.92%

Correlation

The correlation between JVAL and FUNL is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Aug 21, 2020	0.93

The correlation between JVAL and FUNL shifts across timeframes, from 0.74 (1 year) to 0.93 (all time), reflecting how their relationship changes across market environments.

JVAL vs. FUNL - Sectors Allocation Comparison

Sectors	JVAL	FUNL
Technology	39.2%	14.6%
Consumer Cyclical	10.5%	6.5%
Financial Services	9.3%	19.3%
Healthcare	8.2%	15.3%
Industrials	7.4%	11.5%
Communication Services	6.9%	5.8%
Energy	3.5%	7.6%
Consumer Defensive	3.1%	7.0%
Real Estate	2.6%	4.5%
Basic Materials	2.1%	2.2%
Utilities	2.1%	5.0%

Return for Risk

JVAL vs. FUNL — Risk / Return Rank

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

JVAL

JVAL Risk / Return Rank: 86
JVAL Sharpe Ratio Rank: 87
JVAL Sortino Ratio Rank: 87
JVAL Omega Ratio Rank: 83
JVAL Calmar Ratio Rank: 85
JVAL Martin Ratio Rank: 87

FUNL

FUNL Risk / Return Rank: 80
FUNL Sharpe Ratio Rank: 67
FUNL Sortino Ratio Rank: 72
FUNL Omega Ratio Rank: 79
FUNL Calmar Ratio Rank: 87
FUNL Martin Ratio Rank: 92

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.

JVAL vs. FUNL - Risk-Adjusted Trends Comparison

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

	JVAL	FUNL	Difference
Sharpe ratio: Return per unit of total volatility	2.92	2.19	+0.73
Sortino ratio: Return per unit of downside risk	3.99	3.26	+0.74
Omega ratio: Gain probability vs. loss probability	1.51	1.47	+0.04
Calmar ratio: Return relative to maximum drawdown	4.73	5.01	-0.28
Martin ratio: Return relative to average drawdown	18.70	23.31	-4.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JVAL vs. FUNL - Sharpe Ratio Comparison

The current JVAL Sharpe Ratio is 2.92, which is higher than the FUNL Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of JVAL and FUNL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JVAL	FUNL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.92	2.19	+0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.63	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.95	-0.28

Drawdowns

JVAL vs. FUNL - Drawdown Comparison

The maximum JVAL drawdown since its inception was -40.42%, which is greater than FUNL's maximum drawdown of -19.35%. Use the drawdown chart below to compare losses from any high point for JVAL and FUNL.

Drawdown Indicators

	JVAL	FUNL	Difference
Max Drawdown Largest peak-to-trough decline	-40.42%	-19.35%	-21.07%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-3.83%	-4.65%
Max Drawdown (3Y) Largest decline over 3 years	-20.07%	-17.37%	-2.70%
Max Drawdown (5Y) Largest decline over 5 years	-22.39%	-19.35%	-3.04%
Current Drawdown Current decline from peak	-0.29%	-0.12%	-0.17%
Average Drawdown Average peak-to-trough decline	-5.30%	-3.54%	-1.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.14%	0.82%	+1.32%

Volatility

JVAL vs. FUNL - Volatility Comparison

JPMorgan U.S. Value Factor ETF (JVAL) has a higher volatility of 4.02% compared to CornerCap Fundametrics Large-Cap ETF FUNL (FUNL) at 0.00%. This indicates that JVAL's price experiences larger fluctuations and is considered to be riskier than FUNL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JVAL	FUNL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.02%	0.00%	+4.02%
Volatility (6M) Calculated over the trailing 6-month period	10.08%	5.24%	+4.84%
Volatility (1Y) Calculated over the trailing 1-year period	13.79%	8.82%	+4.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.13%	15.16%	+1.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.82%	15.29%	+4.53%

JVAL vs. FUNL - Expense Ratio Comparison

JVAL has a 0.12% expense ratio, which is lower than FUNL's 0.50% expense ratio.

Dividends

JVAL vs. FUNL - Dividend Comparison

JVAL's dividend yield for the trailing twelve months is around 1.72%, less than FUNL's 2.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FUNL CornerCap Fundametrics Large-Cap ETF FUNL	2.25%	2.10%	1.78%	1.69%	1.84%	1.55%	0.45%	0.00%	0.00%	0.00%
JVAL JPMorgan U.S. Value Factor ETF	1.72%	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 FUNL in my portfolio?

JVAL and FUNL have a correlation of 0.74, 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 FUNL?

JVAL has higher volatility (4.02%) compared to FUNL (0.00%). In terms of maximum drawdown, JVAL dropped -40.42% vs FUNL's -19.35%.

Which ETF is better, JVAL or FUNL?

On 5-year performance, JVAL leads with 12.29% vs 9.42% for FUNL. On fees, JVAL is cheaper at 0.12% per year. On volatility, FUNL has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JVAL or FUNL?

Over the 5-year period, JVAL has performed better with a 12.29% return vs 9.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JVAL or FUNL?

JVAL is cheaper with a 0.12% expense ratio, compared with 0.50% for FUNL.

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

FUNL has the higher dividend yield at 2.25%, compared with 1.72% for JVAL.

What is the main difference between JVAL and FUNL?

They also come from different issuers: JPMorgan and CornerCap. Their fees differ too: 0.12% for JVAL and 0.50% for FUNL.

Which has better risk-adjusted returns?

JVAL currently has the higher Sharpe Ratio (2.92 vs 2.19), 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.