ULVM vs. JPUS
Compare and contrast key facts about VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) and JPMorgan Diversified Return US Equity ETF (JPUS).
ULVM and JPUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ULVM is a passively managed fund by Crestview that tracks the performance of the MSCI USA Select Value Momentum Blend Index. It was launched on Oct 24, 2017. JPUS is a passively managed fund by JPMorgan Chase that tracks the performance of the JPMorgan Diversified Factor US Equity Index. It was launched on Sep 29, 2015. Both ULVM and JPUS 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: ULVM or JPUS.
Key characteristics
| ULVM | JPUS | |
|---|---|---|
| YTD Return | 26.44% | 19.50% |
| 1Y Return | 36.20% | 28.31% |
| 3Y Return (Ann) | 8.49% | 7.61% |
| 5Y Return (Ann) | 12.06% | 11.69% |
| Sharpe Ratio | 3.26 | 2.92 |
| Sortino Ratio | 4.57 | 4.18 |
| Omega Ratio | 1.58 | 1.52 |
| Calmar Ratio | 4.90 | 4.79 |
| Martin Ratio | 21.72 | 18.22 |
| Ulcer Index | 1.82% | 1.73% |
| Daily Std Dev | 12.11% | 10.79% |
| Max Drawdown | -40.71% | -38.69% |
| Current Drawdown | -0.84% | -0.87% |
Correlation
The correlation between ULVM and JPUS is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ULVM vs. JPUS - Performance Comparison
In the year-to-date period, ULVM achieves a 26.44% return, which is significantly higher than JPUS's 19.50% 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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ULVM vs. JPUS - Expense Ratio Comparison
ULVM has a 0.20% expense ratio, which is higher than JPUS's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ULVM vs. JPUS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) and JPMorgan Diversified Return US Equity ETF (JPUS). 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
ULVM vs. JPUS - Dividend Comparison
ULVM's dividend yield for the trailing twelve months is around 1.54%, less than JPUS's 1.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
ULVM VictoryShares USAA MSCI USA Value Momentum ETF | 1.54% | 1.94% | 1.91% | 1.36% | 1.51% | 1.88% | 1.67% | 0.39% | 0.00% | 0.00% |
JPUS JPMorgan Diversified Return US Equity ETF | 1.98% | 2.26% | 2.35% | 1.67% | 1.94% | 2.09% | 2.16% | 1.25% | 0.78% | 0.48% |
Drawdowns
ULVM vs. JPUS - Drawdown Comparison
The maximum ULVM drawdown since its inception was -40.71%, which is greater than JPUS's maximum drawdown of -38.69%. Use the drawdown chart below to compare losses from any high point for ULVM and JPUS. For additional features, visit the drawdowns tool.
Volatility
ULVM vs. JPUS - Volatility Comparison
VictoryShares USAA MSCI USA Value Momentum ETF (ULVM) has a higher volatility of 4.56% compared to JPMorgan Diversified Return US Equity ETF (JPUS) at 3.20%. This indicates that ULVM's price experiences larger fluctuations and is considered to be riskier than JPUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.