USPX vs. JPEF
Compare and contrast key facts about Franklin U.S. Equity Index ETF (USPX) and JPMorgan Equity Focus ETF (JPEF).
USPX and JPEF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USPX is a passively managed fund by Franklin that tracks the performance of the Morningstar US Target Market Exposure Index. It was launched on Jun 1, 2016. JPEF is an actively managed fund by JPMorgan. It was launched on Jul 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USPX or JPEF.
Key characteristics
| USPX | JPEF | |
|---|---|---|
| YTD Return | 27.18% | 30.84% |
| 1Y Return | 40.16% | 43.46% |
| Sharpe Ratio | 3.04 | 3.28 |
| Sortino Ratio | 4.01 | 4.42 |
| Omega Ratio | 1.57 | 1.61 |
| Calmar Ratio | 4.53 | 5.09 |
| Martin Ratio | 20.43 | 22.62 |
| Ulcer Index | 1.91% | 1.89% |
| Daily Std Dev | 12.80% | 13.02% |
| Max Drawdown | -31.21% | -9.38% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between USPX and JPEF 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
USPX vs. JPEF - Performance Comparison
In the year-to-date period, USPX achieves a 27.18% return, which is significantly lower than JPEF's 30.84% 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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USPX vs. JPEF - Expense Ratio Comparison
USPX has a 0.03% expense ratio, which is lower than JPEF's 0.50% expense ratio.
Risk-Adjusted Performance
USPX vs. JPEF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Equity Index ETF (USPX) and JPMorgan Equity Focus ETF (JPEF). 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
USPX vs. JPEF - Dividend Comparison
USPX's dividend yield for the trailing twelve months is around 1.20%, more than JPEF's 0.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
USPX Franklin U.S. Equity Index ETF | 1.20% | 1.35% | 2.21% | 2.40% | 2.50% | 3.07% | 2.90% | 2.60% | 2.44% |
JPEF JPMorgan Equity Focus ETF | 0.30% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
USPX vs. JPEF - Drawdown Comparison
The maximum USPX drawdown since its inception was -31.21%, which is greater than JPEF's maximum drawdown of -9.38%. Use the drawdown chart below to compare losses from any high point for USPX and JPEF. For additional features, visit the drawdowns tool.
Volatility
USPX vs. JPEF - Volatility Comparison
The current volatility for Franklin U.S. Equity Index ETF (USPX) is 4.02%, while JPMorgan Equity Focus ETF (JPEF) has a volatility of 4.59%. This indicates that USPX experiences smaller price fluctuations and is considered to be less risky than JPEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.