VEGA vs. JDIV

Last updated Apr 1, 2026

Compare and contrast key facts about AdvisorShares STAR Global Buy-Write ETF (VEGA) and JPMorgan Dividend Leaders ETF (JDIV).

VEGA and JDIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VEGA is an actively managed fund by AdvisorShares. It was launched on Sep 17, 2012. JDIV is an actively managed fund by JPMorgan. It was launched on Sep 25, 2024.

Performance

VEGA vs. JDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares STAR Global Buy-Write ETF (VEGA) and JPMorgan Dividend Leaders ETF (JDIV). The values are adjusted to include any dividend payments, if applicable.

VEGA vs. JDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VEGA AdvisorShares STAR Global Buy-Write ETF	-1.70%	15.83%	-1.09%
JDIV JPMorgan Dividend Leaders ETF	-1.43%	18.98%	-5.27%

Returns By Period

In the year-to-date period, VEGA achieves a -1.70% return, which is significantly lower than JDIV's -1.43% return.

VEGA

• 1D: 2.04%
• 1M: -4.55%
• YTD: -1.70%
• 6M: 0.52%
• 1Y: 13.73%
• 3Y*: 11.68%
• 5Y*: 6.03%
• 10Y*: 7.20%

JDIV

• 1D: 2.66%
• 1M: -6.69%
• YTD: -1.43%
• 6M: -0.78%
• 1Y: 14.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VEGA vs. JDIV - Expense Ratio Comparison

VEGA has a 2.02% expense ratio, which is higher than JDIV's 0.47% expense ratio.

VEGA

AdvisorShares STAR Global Buy-Write ETF

JDIV

JPMorgan Dividend Leaders ETF

Return for Risk

VEGA vs. JDIV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VEGA

VEGA Risk / Return Rank: 69
VEGA Sharpe Ratio Rank: 65
VEGA Sortino Ratio Rank: 66
VEGA Omega Ratio Rank: 67
VEGA Calmar Ratio Rank: 69
VEGA Martin Ratio Rank: 76

JDIV

JDIV Risk / Return Rank: 51
JDIV Sharpe Ratio Rank: 48
JDIV Sortino Ratio Rank: 49
JDIV Omega Ratio Rank: 52
JDIV Calmar Ratio Rank: 50
JDIV Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VEGA vs. JDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares STAR Global Buy-Write ETF (VEGA) and JPMorgan Dividend Leaders ETF (JDIV). 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.

	VEGA	JDIV	Difference
Sharpe ratio Return per unit of total volatility	1.15	0.89	+0.26
Sortino ratio Return per unit of downside risk	1.68	1.36	+0.32
Omega ratio Gain probability vs. loss probability	1.24	1.20	+0.04
Calmar ratio Return relative to maximum drawdown	1.74	1.31	+0.43
Martin ratio Return relative to average drawdown	8.16	5.57	+2.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VEGA vs. JDIV - Sharpe Ratio Comparison

The current VEGA Sharpe Ratio is 1.15, which is comparable to the JDIV Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of VEGA and JDIV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VEGA	JDIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.15	0.89	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.51	-0.04

Correlation

The correlation between VEGA and JDIV is 0.81, 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.

Dividends

VEGA vs. JDIV - Dividend Comparison

VEGA's dividend yield for the trailing twelve months is around 1.37%, less than JDIV's 2.22% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
VEGA AdvisorShares STAR Global Buy-Write ETF	1.37%	1.34%	1.05%	1.12%	1.89%	0.55%	0.28%	0.44%	0.45%	0.00%	0.81%
JDIV JPMorgan Dividend Leaders ETF	2.22%	2.15%	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VEGA vs. JDIV - Drawdown Comparison

The maximum VEGA drawdown since its inception was -28.37%, which is greater than JDIV's maximum drawdown of -13.34%. Use the drawdown chart below to compare losses from any high point for VEGA and JDIV.

Drawdown Indicators

	VEGA	JDIV	Difference
Max Drawdown Largest peak-to-trough decline	-28.37%	-13.34%	-15.03%
Max Drawdown (1Y) Largest decline over 1 year	-8.32%	-10.96%	+2.64%
Max Drawdown (5Y) Largest decline over 5 years	-22.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.37%	—	—
Current Drawdown Current decline from peak	-4.95%	-6.87%	+1.92%
Average Drawdown Average peak-to-trough decline	-3.83%	-2.02%	-1.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	2.59%	-0.81%

Volatility

VEGA vs. JDIV - Volatility Comparison

The current volatility for AdvisorShares STAR Global Buy-Write ETF (VEGA) is 4.30%, while JPMorgan Dividend Leaders ETF (JDIV) has a volatility of 5.76%. This indicates that VEGA experiences smaller price fluctuations and is considered to be less risky than JDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VEGA	JDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	5.76%	-1.46%
Volatility (6M) Calculated over the trailing 6-month period	7.21%	9.03%	-1.82%
Volatility (1Y) Calculated over the trailing 1-year period	11.99%	15.81%	-3.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.31%	14.18%	-1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.67%	14.18%	-1.51%