CGUS vs JPEF
Capital Group Core Equity ETF vs JPMorgan Equity Focus ETF
Which is better, CGUS or JPEF?
Nearly the same fund. CGUS costs less.
CGUS has a lower expense ratio. CGUS led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. CGUS is less concentrated, with 43.8% of the fund in its ten largest positions against 45.8%.
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 | CGUS | JPEF |
|---|---|---|
| Expense Ratio | 0.33%Best | 0.44% |
| AUM | $12.3B | $2.1B |
| Dividend Yield | 0.83% | 0.64% |
| Holdings | 75 | 84 |
| YTD Return | +11.95%Best | +9.64% |
| 1Y Return | +15.39%Best | +11.56% |
| 3Y Return (annualized) | +21.76%Best | +19.60% |
| Volatility (annualized) | 12.3%Tie | 12.3%Tie |
| Max Drawdown | -18.1%Tie | -18.1%Tie |
| $10,000 over 3.2 years | $17,476Best | $16,604 |
| Top 10 Weight | 43.8%Best | 45.8% |
| Fund Family | Capital Group (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 22, 2022 | Mar 10, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 31, 2023 to Oct 14, 2026 (3.2 years).
CGUS 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 3.2 years both funds cover.
CGUS vs JPEF Performance
Capital Group Core Equity ETF (CGUS) is an ETF from Capital Group (US) and JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management. Over the past year CGUS returned +15.39% while JPEF returned +11.56%. Year to date, CGUS is up 11.95% versus a gain of 9.64% for JPEF.
Over three years, CGUS compounded at +21.76% per year against +19.60% for JPEF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGUS and JPEF have been equally volatile, both at 12.3% annualized.
The deepest peak-to-trough decline in our data was -18.1% for CGUS and -18.1% 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CGUS charges 0.33% per year while JPEF charges 0.44%. On a $10,000 position that is $33 vs $44 annually, a gap of $11 per year that compounds over a long holding period. On income, CGUS currently yields 0.83% against 0.64% for JPEF.
Holdings Overlap
36.2% of CGUS's money is in holdings JPEF also owns. 40.6% of JPEF's money is in holdings CGUS also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 68 positions we hold weights for in CGUS and 41 in JPEF, against full books of 75 and 84.
What only one of them owns
Our book lists 30 positions for JPEF that do not appear in our book for CGUS (57.7% of the fund), and 49 for CGUS that do not appear in JPEF (53.3%).
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 CGUS | Weight in JPEF | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.90% | 9.59% | 1.69% |
| MSFTMicrosoft Corp_None_0 | 7.05% | 5.05% | 2.00% |
| AMZNAmazon.Com Inc | 4.75% | 4.50% | 0.25% |
| AAPLApple Inc | 2.53% | 5.69% | 3.16% |
| GOOGAlphabet, Inc.- Cl C | 1.89% | 6.33% | 4.44% |
| AVGOBroadcom Inc | 5.26% | 2.80% | 2.46% |
| METAMeta Platforms, Inc. | 4.55% | 2.36% | 2.19% |
| RTXRaytheon Co. | 1.84% | 1.57% | 0.27% |
| MUMicron Technology, Inc. | 0.38% | 2.45% | 2.07% |
| SPCXSpace Exploration Technologies | 0.02% | 0.23% | 0.21% |
40.6% of JPEF is already inside CGUS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CGUS or JPEF?
CGUS has an expense ratio of 0.33% while JPEF charges 0.44%. CGUS is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, CGUS or JPEF?
Over the past year CGUS returned +15.39% vs +11.56% for JPEF, so CGUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGUS or JPEF?
CGUS and JPEF have been equally volatile, both at 12.3% annualized. Worst drawdown: CGUS -18.1% vs JPEF -18.1%.
Should I hold both CGUS and JPEF?
CGUS and JPEF have a monthly-return correlation of 0.96, 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 CGUS and JPEF?
40.6% of JPEF's money is in holdings CGUS also owns. 40.6% of JPEF's is in holdings CGUS also owns. They hold 10 positions in common, counted across the 68 positions we hold weights for in CGUS and 41 in JPEF.
Which pays a higher dividend, CGUS or JPEF?
CGUS yields 0.83% while JPEF yields 0.64%, so CGUS currently pays the higher dividend yield.
Is JPEF better than CGUS?
CGUS has a lower expense ratio. CGUS led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. CGUS is less concentrated, with 43.8% of the fund in its ten largest positions against 45.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.