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LRGF vs. JQUA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LRGF vs. JQUA

Last updated Aug 4, 2026
Documentation

LRGF (iShares U.S. Equity Factor ETF) and JQUA (JPMorgan U.S. Quality Factor ETF) are both exchange-traded funds - LRGF is a Large Cap Blend Equities fund tracking the STOXX U.S. Equity Factor Index, while JQUA is a Quality Factor fund tracking the JP Morgan US Quality Factor Index. Both are passively managed. Over the past 5 years, LRGF returned 13.57%/yr vs 12.98%/yr for JQUA. Their correlation of 0.89 means they have usually moved in the same direction. LRGF charges 0.08%/yr vs 0.12%/yr for JQUA.

Performance

LRGF vs. JQUA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Equity Factor ETF (LRGF) and JPMorgan U.S. Quality Factor ETF (JQUA). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, LRGF achieves a 11.51% return, which is significantly lower than JQUA's 15.84% return.

LRGF

1D
1.21%
1M
2.22%
6M
10.50%
YTD
11.51%
1Y
20.82%
3Y*
21.15%
5Y*
13.57%
10Y*
13.77%
ALL TIME*
12.43%

JQUA

1D
0.79%
1M
1.13%
6M
13.59%
YTD
15.84%
1Y
23.18%
3Y*
19.27%
5Y*
12.98%
10Y*
—
ALL TIME*
14.80%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

JQUA

JPMorgan U.S. Quality Factor ETF
$27.54M$28.89M$36.27M

LRGF

iShares U.S. Equity Factor ETF
$10.32M$10.06M$11.77M

LRGF vs. JQUA - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
LRGF
iShares U.S. Equity Factor ETF		11.51%16.48%26.59%25.85%-14.77%25.01%11.11%26.11%-9.66%2.58%
JQUA
JPMorgan U.S. Quality Factor ETF		15.84%11.69%21.21%25.13%-13.45%28.68%16.56%28.47%-2.98%5.07%

Correlation

The correlation between LRGF and JQUA is 0.90, 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.

0.90

Correlation (3Y)
Balances recent behavior with more history.

0.94

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.96

Correlation (All Time)
Calculated using the full available price history since Nov 9, 2017

0.89

The correlation between LRGF and JQUA has been stable across timeframes, ranging from 0.89 to 0.96 - a consistent structural relationship.

LRGF vs. JQUA - Sectors Allocation Comparison

Sectors
LRGF
JQUA

Technology

37.3%
41.0%

Financial Services

11.7%
12.0%

Consumer Cyclical

10.5%
9.5%

Communication Services

10.0%
6.2%

Healthcare

9.4%
8.8%

Industrials

8.3%
8.9%

Consumer Defensive

4.9%
5.2%

Energy

3.1%
3.3%

Utilities

2.0%
1.2%

Basic Materials

1.8%
1.7%

Real Estate

1.1%
2.2%

Technology

LRGF
37.3%
JQUA
41.0%

Financial Services

LRGF
11.7%
JQUA
12.0%

Consumer Cyclical

LRGF
10.5%
JQUA
9.5%

Communication Services

LRGF
10.0%
JQUA
6.2%

Healthcare

LRGF
9.4%
JQUA
8.8%

Industrials

LRGF
8.3%
JQUA
8.9%

Consumer Defensive

LRGF
4.9%
JQUA
5.2%

Energy

LRGF
3.1%
JQUA
3.3%

Utilities

LRGF
2.0%
JQUA
1.2%

Basic Materials

LRGF
1.8%
JQUA
1.7%

Real Estate

LRGF
1.1%
JQUA
2.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares U.S. Equity Factor ETF

JPMorgan U.S. Quality Factor ETF

Often compared with LRGF:
LRGF vs. VOOLRGF vs. QUALLRGF vs. INTFLRGF vs. SPYLRGF vs. FNDALRGF vs. VVLRGF vs. ITOT
Often compared with JQUA:
JQUA vs. SPHQJQUA vs. VFQYJQUA vs. CGDVJQUA vs. SCHDJQUA vs. FQALJQUA vs. VIGJQUA vs. QUS

Return for Risk

LRGF vs. JQUA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
LRGF
LRGF Risk / Return Rank: 6868
Overall Rank
LRGF Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
LRGF Sortino Ratio Rank: 6767
Sortino Ratio Rank
LRGF Omega Ratio Rank: 6666
Omega Ratio Rank
LRGF Calmar Ratio Rank: 6565
Calmar Ratio Rank
LRGF Martin Ratio Rank: 7272
Martin Ratio Rank
JQUA
JQUA Risk / Return Rank: 8383
Overall Rank
JQUA Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
JQUA Sortino Ratio Rank: 8282
Sortino Ratio Rank
JQUA Omega Ratio Rank: 7979
Omega Ratio Rank
JQUA Calmar Ratio Rank: 8585
Calmar Ratio Rank
JQUA Martin Ratio Rank: 8888
Martin Ratio Rank
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.

LRGF vs. JQUA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Equity Factor ETF (LRGF) 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.

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.

LRGFJQUADifference
Sharpe ratioReturn per unit of total volatility
1.63
1.94

-0.31

Sortino ratioReturn per unit of downside risk
2.26
2.73

-0.47

Omega ratioGain probability vs. loss probability

1.29

1.34

-0.05

Calmar ratioReturn relative to maximum drawdown

2.35

3.27

-0.92

Martin ratioReturn relative to average drawdown

9.12

13.35

-4.23

LRGF vs. JQUA - Sharpe Ratio Comparison

The current LRGF Sharpe Ratio is 1.63, which is comparable to the JQUA Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of LRGF and JQUA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

LRGF vs. JQUA - Drawdown Comparison

The maximum LRGF drawdown since its inception was -36.03%, which is greater than JQUA's maximum drawdown of -32.92%. Use the drawdown chart below to compare losses from any high point for LRGF and JQUA.

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Drawdown Indicators

LRGFJQUADifference

Max Drawdown

Largest peak-to-trough decline

-36.03%

-32.92%

-3.11%

Max Drawdown (1Y)

Largest decline over 1 year

-8.92%

-7.13%

-1.79%

Max Drawdown (3Y)

Largest decline over 3 years

-19.44%

-16.81%

-2.63%

Max Drawdown (5Y)

Largest decline over 5 years

-21.62%

-22.47%

+0.85%

Max Drawdown (10Y)

Largest decline over 10 years

-36.03%

—

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-4.50%

-4.10%

-0.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.29%

1.74%

+0.55%

Volatility

LRGF vs. JQUA - Volatility Comparison

iShares U.S. Equity Factor ETF (LRGF) has a higher volatility of 3.69% compared to JPMorgan U.S. Quality Factor ETF (JQUA) at 2.46%. This indicates that LRGF'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.

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Volatility by Period

LRGFJQUADifference

Volatility (1M)

Calculated over the trailing 1-month period

3.69%

2.46%

+1.23%

Volatility (6M)

Calculated over the trailing 6-month period

10.12%

9.45%

+0.67%

Volatility (1Y)

Calculated over the trailing 1-year period

12.86%

12.01%

+0.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.10%

15.73%

+1.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.30%

17.92%

+0.38%

LRGF vs. JQUA - Expense Ratio Comparison

LRGF has a 0.08% expense ratio, which is lower than JQUA's 0.12% 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%.

Dividends

LRGF vs. JQUA - Dividend Comparison

LRGF's dividend yield for the trailing twelve months is around 1.06%, which matches JQUA's 1.07% yield.

PositionTTM20252024202320222021202020192018201720162015
JQUA
JPMorgan U.S. Quality Factor ETF		1.07%1.19%1.24%1.21%1.60%1.32%1.44%1.67%2.10%0.40%0.00%0.00%
LRGF
iShares U.S. Equity Factor ETF		1.06%1.16%1.23%1.49%1.78%1.05%1.35%1.76%3.27%1.68%1.56%0.83%

Frequently Asked Questions

LRGF and JQUA 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.

LRGF has higher volatility (3.69%) compared to JQUA (2.46%). In terms of maximum drawdown, LRGF dropped -36.03% vs JQUA's -32.92%.

On 5-year performance, LRGF leads with 13.57% vs 12.98% for JQUA. On fees, LRGF is cheaper at 0.08% per year. On volatility, JQUA has been the lower-risk option at 2.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, LRGF has performed better with a 13.57% return vs 12.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

LRGF is cheaper with a 0.08% expense ratio, compared with 0.12% for JQUA.

LRGF and JQUA have nearly identical dividend yields, around 1.06%.

LRGF is categorized as Large Cap Blend Equities, while JQUA is Quality Factor. LRGF tracks STOXX U.S. Equity Factor Index, while JQUA tracks JP Morgan US Quality Factor Index. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.08% for LRGF and 0.12% for JQUA.

JQUA currently has the higher Sharpe Ratio (1.94 vs 1.63), 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.

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