ALRG vs JPEF
Allspring LT Large Core ETF vs JPMorgan Equity Focus ETF
Which is better, ALRG or JPEF?
ALRG has been ahead.
ALRG has a lower expense ratio. ALRG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 47.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ALRG | JPEF |
|---|---|---|
| Expense Ratio | 0.28%Best | 0.44% |
| AUM | $8M | $2.1B |
| Dividend Yield | 0.42% | 0.64% |
| Holdings | 51 | 84 |
| YTD Return | +13.91%Best | +9.64% |
| 1Y Return | +18.20%Best | +11.56% |
| 3Y Return (annualized) | - | +19.60% |
| Volatility (annualized) | 11.9% | 10.1%Best |
| Max Drawdown | -9.3% | -8.3%Best |
| $10,000 over 1.3 years | $12,860Best | $11,769 |
| Top 10 Weight | 47.1% | 45.8%Best |
| Fund Family | Allspring Global Investments | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 8, 2025 | Mar 10, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 8, 2025 to Oct 14, 2026 (1.3 years).
ALRG vs JPEF growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.3 years both funds cover.
ALRG vs JPEF Performance
Allspring LT Large Core ETF (ALRG) is an ETF from Allspring Global Investments and JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management. Over the past year ALRG returned +18.20% while JPEF returned +11.56%. Year to date, ALRG is up 13.91% versus a gain of 9.64% for JPEF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALRG has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 10.1% for JPEF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.3% for ALRG and -8.3% for JPEF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ALRG charges 0.28% per year while JPEF charges 0.44%. On a $10,000 position that is $28 vs $44 annually, a gap of $16 per year that compounds over a long holding period. On income, ALRG currently yields 0.42% against 0.64% for JPEF.
Holdings Overlap
49.5% of ALRG's money is in holdings JPEF also owns. 49.3% of JPEF's money is in holdings ALRG also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 50 positions we hold weights for in ALRG and 41 in JPEF, against full books of 51 and 84.
What only one of them owns
Our book lists 26 positions for JPEF that do not appear in our book for ALRG (48.9% of the fund), and 30 for ALRG that do not appear in JPEF (40.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ALRG | Weight in JPEF | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 5.43% | 9.59% | 4.16% |
| AAPLApple Inc | 8.81% | 5.69% | 3.12% |
| MSFTMicrosoft Corp_None_0 | 7.79% | 5.05% | 2.74% |
| GOOGAlphabet, Inc.- Cl C | 5.53% | 6.33% | 0.80% |
| AMZNAmazon.Com Inc | 4.79% | 4.50% | 0.29% |
| AVGOBroadcom Inc | 3.83% | 2.80% | 1.03% |
| AMDAdvanced Micro Devices Inc. | 2.75% | 2.74% | 0.01% |
| METAMeta Platforms, Inc. | 2.86% | 2.36% | 0.50% |
| ADIAnalog Devices, Inc. | 1.32% | 3.08% | 1.76% |
| ECLEcolab, Inc. | 0.76% | 2.24% | 1.48% |
49.5% of ALRG is already inside JPEF.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, ALRG or JPEF?
ALRG has an expense ratio of 0.28% while JPEF charges 0.44%. ALRG is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, ALRG or JPEF?
Over the past year ALRG returned +18.20% vs +11.56% for JPEF, so ALRG leads on 1-year performance. Over the longest common window we track (1 years), ALRG annualized +21.35% vs +13.35% for JPEF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALRG or JPEF?
ALRG has been the more volatile fund at 11.9% annualized versus 10.1% for JPEF. Worst drawdown: ALRG -9.3% vs JPEF -8.3%.
Should I hold both ALRG and JPEF?
ALRG and JPEF have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ALRG and JPEF?
49.5% of ALRG's money is in holdings JPEF also owns. 49.3% of JPEF's is in holdings ALRG also owns. They hold 14 positions in common, counted across the 50 positions we hold weights for in ALRG and 41 in JPEF.
Which pays a higher dividend, ALRG or JPEF?
ALRG yields 0.42% while JPEF yields 0.64%, so JPEF currently pays the higher dividend yield.
Is JPEF better than ALRG?
ALRG has a lower expense ratio. ALRG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.