TVAL vs. JGRO
Compare and contrast key facts about T. Rowe Price Value ETF (TVAL) and JPMorgan Active Growth ETF (JGRO).
TVAL and JGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TVAL is an actively managed fund by T. Rowe Price. It was launched on Jun 14, 2023. JGRO is an actively managed fund by JPMorgan Chase. It was launched on Aug 8, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TVAL or JGRO.
Key characteristics
| TVAL | JGRO | |
|---|---|---|
| YTD Return | 20.28% | 33.75% |
| 1Y Return | 29.51% | 41.46% |
| Sharpe Ratio | 3.11 | 2.53 |
| Sortino Ratio | 4.37 | 3.28 |
| Omega Ratio | 1.57 | 1.46 |
| Calmar Ratio | 5.58 | 3.36 |
| Martin Ratio | 21.10 | 13.04 |
| Ulcer Index | 1.51% | 3.41% |
| Daily Std Dev | 10.23% | 17.57% |
| Max Drawdown | -9.81% | -17.88% |
| Current Drawdown | -0.85% | -0.01% |
Correlation
The correlation between TVAL and JGRO is 0.57, 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
TVAL vs. JGRO - Performance Comparison
In the year-to-date period, TVAL achieves a 20.28% return, which is significantly lower than JGRO's 33.75% 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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TVAL vs. JGRO - Expense Ratio Comparison
TVAL has a 0.33% expense ratio, which is lower than JGRO's 0.44% expense ratio.
Risk-Adjusted Performance
TVAL vs. JGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Value ETF (TVAL) and JPMorgan Active Growth ETF (JGRO). 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
TVAL vs. JGRO - Dividend Comparison
TVAL's dividend yield for the trailing twelve months is around 0.53%, more than JGRO's 0.13% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
TVAL T. Rowe Price Value ETF | 0.53% | 0.64% | 0.00% |
JGRO JPMorgan Active Growth ETF | 0.13% | 0.17% | 0.16% |
Drawdowns
TVAL vs. JGRO - Drawdown Comparison
The maximum TVAL drawdown since its inception was -9.81%, smaller than the maximum JGRO drawdown of -17.88%. Use the drawdown chart below to compare losses from any high point for TVAL and JGRO. For additional features, visit the drawdowns tool.
Volatility
TVAL vs. JGRO - Volatility Comparison
The current volatility for T. Rowe Price Value ETF (TVAL) is 3.54%, while JPMorgan Active Growth ETF (JGRO) has a volatility of 4.76%. This indicates that TVAL experiences smaller price fluctuations and is considered to be less risky than JGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.