KIE vs. JQUA
Compare and contrast key facts about SPDR S&P Insurance ETF (KIE) and JPMorgan U.S. Quality Factor ETF (JQUA).
KIE and JQUA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KIE is a passively managed fund by State Street that tracks the performance of the S&P Insurance Select Industry Index. It was launched on Nov 8, 2005. JQUA is a passively managed fund by JPMorgan Chase that tracks the performance of the JP Morgan US Quality Factor Index. It was launched on Nov 8, 2017. Both KIE and JQUA 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: KIE or JQUA.
Key characteristics
| KIE | JQUA | |
|---|---|---|
| YTD Return | 32.43% | 24.21% |
| 1Y Return | 38.31% | 34.70% |
| 3Y Return (Ann) | 15.20% | 11.40% |
| 5Y Return (Ann) | 13.19% | 16.10% |
| Sharpe Ratio | 2.73 | 3.23 |
| Sortino Ratio | 3.58 | 4.46 |
| Omega Ratio | 1.47 | 1.59 |
| Calmar Ratio | 4.76 | 5.82 |
| Martin Ratio | 15.38 | 19.87 |
| Ulcer Index | 2.58% | 1.85% |
| Daily Std Dev | 14.53% | 11.32% |
| Max Drawdown | -75.30% | -32.92% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between KIE and JQUA is 0.65, 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
KIE vs. JQUA - Performance Comparison
In the year-to-date period, KIE achieves a 32.43% return, which is significantly higher than JQUA's 24.21% 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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KIE vs. JQUA - Expense Ratio Comparison
KIE has a 0.35% expense ratio, which is higher than JQUA's 0.12% expense ratio.
Risk-Adjusted Performance
KIE vs. JQUA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Insurance ETF (KIE) and JPMorgan U.S. Quality Factor ETF (JQUA). 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
KIE vs. JQUA - Dividend Comparison
KIE's dividend yield for the trailing twelve months is around 1.28%, more than JQUA's 1.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KIE SPDR S&P Insurance ETF | 1.28% | 1.45% | 1.90% | 1.95% | 1.85% | 1.76% | 1.83% | 1.56% | 1.55% | 1.65% | 1.81% | 1.38% |
JQUA JPMorgan U.S. Quality Factor ETF | 1.14% | 1.22% | 1.59% | 1.32% | 1.44% | 1.67% | 2.10% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KIE vs. JQUA - Drawdown Comparison
The maximum KIE drawdown since its inception was -75.30%, which is greater than JQUA's maximum drawdown of -32.92%. Use the drawdown chart below to compare losses from any high point for KIE and JQUA. For additional features, visit the drawdowns tool.
Volatility
KIE vs. JQUA - Volatility Comparison
SPDR S&P Insurance ETF (KIE) has a higher volatility of 6.13% compared to JPMorgan U.S. Quality Factor ETF (JQUA) at 3.36%. This indicates that KIE's price experiences larger fluctuations and is considered to be riskier than JQUA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.