CAMX vs JDOC
Cambiar Aggressive Value ETF vs JPMorgan Healthcare Leaders ETF
Which is better, CAMX or JDOC?
Each has led over a different period.
CAMX has a lower expense ratio. CAMX led over 3Y and the full window, JDOC over 1Y. CAMX is less concentrated, with 41.0% of the fund in its ten largest positions against 47.5%.
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 | CAMX | JDOC |
|---|---|---|
| Expense Ratio | 0.59%Best | 0.65% |
| AUM | $66M | $9M |
| Dividend Yield | 1.44% | 0.85% |
| Holdings | 70 | 64 |
| YTD Return | +9.34%Best | +7.95% |
| 1Y Return | +12.98% | +16.48%Best |
| 3Y Return (annualized) | +13.34%Best | +11.36% |
| Volatility (annualized) | 13.4%Best | 13.6% |
| Max Drawdown | -15.7%Best | -20.4% |
| $10,000 over 3 years | $14,831Best | $13,810 |
| Top 10 Weight | 41.0%Best | 47.5% |
| Fund Family | Cambiar Investors, LLC | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 13, 2023 | Nov 1, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Nov 2, 2023 to Oct 15, 2026 (3 years).
CAMX vs JDOC 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 3 years both funds cover.
CAMX vs JDOC Performance
Cambiar Aggressive Value ETF (CAMX) is an ETF from Cambiar Investors, LLC and JPMorgan Healthcare Leaders ETF (JDOC) is an ETF from J.P. Morgan Asset Management. Over the past year CAMX returned +12.98% while JDOC returned +16.48%. Year to date, CAMX is up 9.34% versus a gain of 7.95% for JDOC.
Over three years, CAMX compounded at +13.34% per year against +11.36% for JDOC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JDOC has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.4% for CAMX. 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 -15.7% for CAMX and -20.4% for JDOC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CAMX charges 0.59% per year while JDOC charges 0.65%. On a $10,000 position that is $59 vs $65 annually, a gap of $6 per year that compounds over a long holding period. On income, CAMX currently yields 1.44% against 0.85% for JDOC.
Holdings Overlap
14.2% of CAMX's money is in holdings JDOC also owns. 4.4% of JDOC's money is in holdings CAMX also owns.
CAMX and JDOC share little of their money.
4 positions in common, counted across the 33 positions we hold weights for in CAMX and 59 in JDOC, against full books of 70 and 64.
What only one of them owns
Our book lists 38 positions for JDOC that do not appear in our book for CAMX (66.7% of the fund), and 26 for CAMX that do not appear in JDOC (75.2%).
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.
You are not choosing between two funds in isolation.
Whichever of CAMX and JDOC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CAMX or JDOC?
CAMX has an expense ratio of 0.59% while JDOC charges 0.65%. CAMX is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, CAMX or JDOC?
Over the past year CAMX returned +12.98% vs +16.48% for JDOC, so JDOC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CAMX or JDOC?
JDOC has been the more volatile fund at 13.6% annualized versus 13.4% for CAMX. Worst drawdown: CAMX -15.7% vs JDOC -20.4%.
Should I hold both CAMX and JDOC?
CAMX and JDOC have a monthly-return correlation of 0.53, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CAMX and JDOC?
14.2% of CAMX's money is in holdings JDOC also owns. 4.4% of JDOC's is in holdings CAMX also owns. They hold 4 positions in common, counted across the 33 positions we hold weights for in CAMX and 59 in JDOC.
Which pays a higher dividend, CAMX or JDOC?
CAMX yields 1.44% while JDOC yields 0.85%, so CAMX currently pays the higher dividend yield.
Is JDOC better than CAMX?
CAMX has a lower expense ratio. CAMX led over 3Y and the full window, JDOC over 1Y. CAMX is less concentrated, with 41.0% of the fund in its ten largest positions against 47.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.