JVAL vs. IWY
Compare and contrast key facts about JPMorgan U.S. Value Factor ETF (JVAL) and iShares Russell Top 200 Growth ETF (IWY).
JVAL and IWY 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. IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009. Both JVAL and IWY 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 IWY.
Key characteristics
| JVAL | IWY | |
|---|---|---|
| YTD Return | 17.33% | 32.20% |
| 1Y Return | 27.96% | 39.02% |
| 3Y Return (Ann) | 7.72% | 11.62% |
| 5Y Return (Ann) | 12.34% | 21.01% |
| Sharpe Ratio | 2.22 | 2.27 |
| Sortino Ratio | 3.05 | 2.94 |
| Omega Ratio | 1.39 | 1.41 |
| Calmar Ratio | 3.76 | 2.81 |
| Martin Ratio | 13.53 | 10.71 |
| Ulcer Index | 2.13% | 3.64% |
| Daily Std Dev | 13.03% | 17.16% |
| Max Drawdown | -40.42% | -32.68% |
| Current Drawdown | -1.77% | -0.65% |
Correlation
The correlation between JVAL and IWY is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JVAL vs. IWY - Performance Comparison
In the year-to-date period, JVAL achieves a 17.33% return, which is significantly lower than IWY's 32.20% 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. IWY - Expense Ratio Comparison
JVAL has a 0.12% expense ratio, which is lower than IWY's 0.20% 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. IWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Value Factor ETF (JVAL) and iShares Russell Top 200 Growth ETF (IWY). 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. IWY - Dividend Comparison
JVAL's dividend yield for the trailing twelve months is around 2.22%, more than IWY's 0.49% 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% |
IWY iShares Russell Top 200 Growth ETF | 0.49% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% | 1.44% | 1.56% |
Drawdowns
JVAL vs. IWY - Drawdown Comparison
The maximum JVAL drawdown since its inception was -40.42%, which is greater than IWY's maximum drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for JVAL and IWY. For additional features, visit the drawdowns tool.
Volatility
JVAL vs. IWY - Volatility Comparison
The current volatility for JPMorgan U.S. Value Factor ETF (JVAL) is 4.14%, while iShares Russell Top 200 Growth ETF (IWY) has a volatility of 5.14%. This indicates that JVAL experiences smaller price fluctuations and is considered to be less risky than IWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.