JVAL vs. ROE

Last updated Jun 24, 2026

JVAL (JPMorgan U.S. Value Factor ETF) and ROE (Astoria US Equal Weight Quality Kings ETF) are both Large Cap Value Equities funds. JVAL is passively managed, while ROE is actively managed. Over the past year, JVAL returned 34.89% vs 35.20% for ROE. Their correlation of 0.93 suggests significant overlap in exposure. JVAL charges 0.12%/yr vs 0.49%/yr for ROE.

Performance

JVAL vs. ROE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Value Factor ETF (JVAL) and Astoria US Equal Weight Quality Kings ETF (ROE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JVAL achieves a 17.19% return, which is significantly lower than ROE's 19.29% return.

JVAL

• 1D: -2.17%
• 1M: 2.26%
• YTD: 17.19%
• 6M: 16.20%
• 1Y: 34.89%
• 3Y*: 20.80%
• 5Y*: 12.33%
• 10Y*: —

ROE

• 1D: -2.17%
• 1M: 2.62%
• YTD: 19.29%
• 6M: 17.72%
• 1Y: 35.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JVAL vs. ROE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JVAL JPMorgan U.S. Value Factor ETF	17.19%	16.16%	14.53%	4.83%
ROE Astoria US Equal Weight Quality Kings ETF	19.29%	17.20%	18.34%	4.31%

Correlation

The correlation between JVAL and ROE is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.93

The correlation between JVAL and ROE has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

JVAL vs. ROE - Sectors Allocation Comparison

Sectors	JVAL	ROE
Technology	41.4%	40.3%
Consumer Cyclical	11.2%	8.9%
Financial Services	9.6%	10.6%
Healthcare	8.7%	8.1%
Industrials	8.4%	8.7%
Communication Services	7.1%	10.4%
Energy	3.4%	3.3%
Consumer Defensive	3.2%	4.3%
Real Estate	2.5%	1.8%
Basic Materials	2.4%	1.7%
Utilities	2.2%	2.0%

Return for Risk

JVAL vs. ROE — Risk / Return Rank

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

JVAL

JVAL Risk / Return Rank: 80
JVAL Sharpe Ratio Rank: 80
JVAL Sortino Ratio Rank: 78
JVAL Omega Ratio Rank: 76
JVAL Calmar Ratio Rank: 82
JVAL Martin Ratio Rank: 83

ROE

ROE Risk / Return Rank: 81
ROE Sharpe Ratio Rank: 80
ROE Sortino Ratio Rank: 77
ROE Omega Ratio Rank: 77
ROE Calmar Ratio Rank: 82
ROE Martin Ratio Rank: 88

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. ROE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Value Factor ETF (JVAL) and Astoria US Equal Weight Quality Kings ETF (ROE). 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	ROE	Difference
Sharpe ratio: Return per unit of total volatility	2.40	2.39	+0.01
Sortino ratio: Return per unit of downside risk	3.24	3.17	+0.07
Omega ratio: Gain probability vs. loss probability	1.42	1.42	0.00
Calmar ratio: Return relative to maximum drawdown	4.13	4.09	+0.05
Martin ratio: Return relative to average drawdown	15.99	17.99	-2.00

JVAL vs. ROE - Sharpe Ratio Comparison

The current JVAL Sharpe Ratio is 2.40, which is comparable to the ROE Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of JVAL and ROE, 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. ROE - Drawdown Comparison

The maximum JVAL drawdown since its inception was -40.42%, which is greater than ROE's maximum drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for JVAL and ROE.

Drawdown Indicators

	JVAL	ROE	Difference
Max Drawdown Largest peak-to-trough decline	-40.42%	-19.10%	-21.32%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-8.66%	+0.18%
Max Drawdown (3Y) Largest decline over 3 years	-20.07%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.39%	—	—
Current Drawdown Current decline from peak	-2.50%	-2.17%	-0.33%
Average Drawdown Average peak-to-trough decline	-5.28%	-2.57%	-2.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	1.96%	+0.23%

Volatility

JVAL vs. ROE - Volatility Comparison

JPMorgan U.S. Value Factor ETF (JVAL) and Astoria US Equal Weight Quality Kings ETF (ROE) have volatilities of 6.20% and 6.40%, 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	ROE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.20%	6.40%	-0.20%
Volatility (6M) Calculated over the trailing 6-month period	11.24%	11.76%	-0.52%
Volatility (1Y) Calculated over the trailing 1-year period	14.62%	14.84%	-0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.25%	15.99%	+1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.85%	15.99%	+3.86%

JVAL vs. ROE - Expense Ratio Comparison

JVAL has a 0.12% expense ratio, which is lower than ROE's 0.49% expense ratio.

Dividends

JVAL vs. ROE - Dividend Comparison

JVAL's dividend yield for the trailing twelve months is around 1.76%, more than ROE's 0.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
JVAL JPMorgan U.S. Value Factor ETF	1.76%	2.08%	2.21%	2.43%	2.46%	1.88%	2.55%	2.58%	2.61%	0.45%
ROE Astoria US Equal Weight Quality Kings ETF	0.95%	0.97%	1.18%	0.68%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JVAL and ROE in my portfolio?

JVAL and ROE 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 ROE?

ROE has higher volatility (6.40%) compared to JVAL (6.20%). In terms of maximum drawdown, JVAL dropped -40.42% vs ROE's -19.10%.

Which ETF is better, JVAL or ROE?

On 1-year performance, ROE leads with 35.20% vs 34.89% for JVAL. On fees, JVAL is cheaper at 0.12% per year. On volatility, JVAL has been the lower-risk option at 6.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JVAL or ROE?

Over the 1-year period, ROE has performed better with a 35.20% return vs 34.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JVAL or ROE?

JVAL is cheaper with a 0.12% expense ratio, compared with 0.49% for ROE.

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

JVAL has the higher dividend yield at 1.76%, compared with 0.95% for ROE.

What is the main difference between JVAL and ROE?

They also come from different issuers: JPMorgan and Astoria. Their fees differ too: 0.12% for JVAL and 0.49% for ROE.

Which has better risk-adjusted returns?

JVAL currently has the higher Sharpe Ratio (2.40 vs 2.39), 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.