JVAL vs. JAVA

Last updated Aug 4, 2026

JVAL (JPMorgan U.S. Value Factor ETF) and JAVA (JPMorgan Active Value ETF) are both Large Cap Value Equities funds from JPMorgan. JVAL is passively managed, while JAVA is actively managed. Over the past 3 years, JVAL returned 19.42%/yr vs 17.04%/yr for JAVA. Their correlation of 0.92 means they have usually moved in the same direction. JVAL charges 0.12%/yr vs 0.44%/yr for JAVA.

Performance

JVAL vs. JAVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Value Factor ETF (JVAL) and JPMorgan Active Value ETF (JAVA). 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 higher than JAVA's 15.92% 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%

JAVA

• 1D: 1.37%
• 1M: 3.12%
• 6M: 10.00%
• YTD: 15.92%
• 1Y: 29.39%
• 3Y*: 17.04%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.55%

*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)
JAVA JPMorgan Active Value ETF	$49.91M	$37.11M	$35.86M
JVAL JPMorgan U.S. Value Factor ETF	$2.04M	$2.35M	$3.17M

JVAL vs. JAVA - 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%	8.42%
JAVA JPMorgan Active Value ETF	15.92%	14.92%	15.52%	10.46%	-0.88%	5.02%

Correlation

The correlation between JVAL and JAVA is 0.85, 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.	0.85
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (All Time) Calculated using the full available price history since Oct 5, 2021	0.92

The correlation between JVAL and JAVA has been stable across timeframes, ranging from 0.85 to 0.92 - a consistent structural relationship.

JVAL vs. JAVA - Sectors Allocation Comparison

Sectors	JVAL	JAVA
Technology	39.9%	19.3%
Financial Services	10.8%	19.0%
Healthcare	10.0%	13.6%
Consumer Cyclical	9.5%	13.2%
Communication Services	8.4%	4.5%
Industrials	7.8%	12.8%
Energy	3.6%	3.3%
Consumer Defensive	2.6%	3.7%
Utilities	2.5%	3.8%
Basic Materials	2.2%	3.2%
Real Estate	1.8%	3.5%

Return for Risk

JVAL vs. JAVA — 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

JAVA

JAVA Risk / Return Rank: 90
JAVA Sharpe Ratio Rank: 93
JAVA Sortino Ratio Rank: 93
JAVA Omega Ratio Rank: 91
JAVA Calmar Ratio Rank: 87
JAVA Martin Ratio Rank: 87

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. JAVA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Value Factor ETF (JVAL) and JPMorgan Active Value ETF (JAVA). 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	JAVA	Difference
Sharpe ratio: Return per unit of total volatility	2.40	2.55	-0.14
Sortino ratio: Return per unit of downside risk	3.28	3.56	-0.28
Omega ratio: Gain probability vs. loss probability	1.42	1.45	-0.03
Calmar ratio: Return relative to maximum drawdown	4.13	3.56	+0.57
Martin ratio: Return relative to average drawdown	16.01	13.50	+2.51

JVAL vs. JAVA - Sharpe Ratio Comparison

The current JVAL Sharpe Ratio is 2.40, which is comparable to the JAVA Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of JVAL and JAVA, 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. JAVA - Drawdown Comparison

The maximum JVAL drawdown since its inception was -40.42%, which is greater than JAVA's maximum drawdown of -16.54%. Use the drawdown chart below to compare losses from any high point for JVAL and JAVA.

Drawdown Indicators

	JVAL	JAVA	Difference
Max Drawdown Largest peak-to-trough decline	-40.42%	-16.54%	-23.88%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-8.29%	-0.19%
Max Drawdown (3Y) Largest decline over 3 years	-20.07%	-16.54%	-3.53%
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%	-3.52%	-1.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	2.18%	0.00%

Volatility

JVAL vs. JAVA - Volatility Comparison

JPMorgan U.S. Value Factor ETF (JVAL) and JPMorgan Active Value ETF (JAVA) have volatilities of 3.32% and 3.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JVAL	JAVA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.32%	3.28%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	11.14%	8.71%	+2.43%
Volatility (1Y) Calculated over the trailing 1-year period	14.58%	11.62%	+2.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.20%	14.73%	+2.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.76%	14.73%	+5.03%

JVAL vs. JAVA - Expense Ratio Comparison

JVAL has a 0.12% expense ratio, which is lower than JAVA's 0.44% expense ratio.

Dividends

JVAL vs. JAVA - Dividend Comparison

JVAL's dividend yield for the trailing twelve months is around 1.63%, more than JAVA's 1.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
JAVA JPMorgan Active Value ETF	1.16%	1.34%	1.45%	1.65%	1.25%	0.48%	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 JAVA in my portfolio?

JVAL and JAVA have a correlation of 0.85, 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 JAVA?

JVAL has higher volatility (3.32%) compared to JAVA (3.28%). In terms of maximum drawdown, JVAL dropped -40.42% vs JAVA's -16.54%.

Which ETF is better, JVAL or JAVA?

On 3-year performance, JVAL leads with 19.42% vs 17.04% for JAVA. On fees, JVAL is cheaper at 0.12% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JVAL or JAVA?

Over the 3-year period, JVAL has performed better with a 19.42% return vs 17.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JVAL or JAVA?

JVAL is cheaper with a 0.12% expense ratio, compared with 0.44% for JAVA.

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

JVAL has the higher dividend yield at 1.63%, compared with 1.16% for JAVA.

What is the main difference between JVAL and JAVA?

Their fees differ too: 0.12% for JVAL and 0.44% for JAVA.

Which has better risk-adjusted returns?

JAVA currently has the higher Sharpe Ratio (2.55 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.