DIVL vs JAVA
Madison Dividend Value ETF vs JPMorgan Active Value ETF
Which is better, DIVL or JAVA?
JAVA has been ahead.
JAVA has a lower expense ratio. JAVA led over 1Y, 3Y and the full window. JAVA is less concentrated, with 29.8% of the fund in its ten largest positions against 41.2%.
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 | DIVL | JAVA |
|---|---|---|
| Expense Ratio | 0.65% | 0.44%Best |
| AUM | $61M | $7.4B |
| Dividend Yield | 1.83% | 1.19% |
| Holdings | 40 | 153 |
| YTD Return | +10.65% | +13.15%Best |
| 1Y Return | +12.67% | +20.54%Best |
| 3Y Return (annualized) | +12.06% | +18.31%Best |
| 5Y Return (annualized) | - | +11.63% |
| Volatility (annualized) | 12.0% | 11.9%Best |
| Max Drawdown | -14.1%Best | -16.5% |
| $10,000 over 3.2 years | $13,610 | $16,115Best |
| Top 10 Weight | 41.2% | 29.8%Best |
| Fund Family | Madison Funds | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 14, 2023 | Oct 4, 2021 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 15, 2023 to Oct 14, 2026 (3.2 years).
DIVL vs JAVA 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.
DIVL vs JAVA Performance
Madison Dividend Value ETF (DIVL) is an ETF from Madison Funds and JPMorgan Active Value ETF (JAVA) is an ETF from J.P. Morgan Asset Management. Over the past year DIVL returned +12.67% while JAVA returned +20.54%. Year to date, DIVL is up 10.65% versus a gain of 13.15% for JAVA.
Over three years, DIVL compounded at +12.06% per year against +18.31% for JAVA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIVL has been the more volatile fund, with annualized monthly volatility of 12.0% compared with 11.9% for JAVA. 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 -14.1% for DIVL and -16.5% for JAVA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DIVL charges 0.65% per year while JAVA charges 0.44%. On a $10,000 position that is $65 vs $44 annually, a gap of $21 per year that compounds over a long holding period. On income, DIVL currently yields 1.83% against 1.19% for JAVA.
Holdings Overlap
65.3% of DIVL's money is in holdings JAVA also owns. 18.6% of JAVA's money is in holdings DIVL also owns.
The two portfolios partly overlap.
21 positions in common, counted across the 37 positions we hold weights for in DIVL and 151 in JAVA, against full books of 40 and 153.
What only one of them owns
Our book lists 129 positions for JAVA that do not appear in our book for DIVL (81.0% of the fund), and 15 for DIVL that do not appear in JAVA (33.3%).
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 DIVL | Weight in JAVA | Difference |
|---|---|---|---|
| JNJJohnson & Johnson - Common | 5.57% | 1.26% | 4.31% |
| CVXChevron Corp | 5.27% | 1.21% | 4.06% |
| XOMExxonmobil Corp. | 5.26% | 0.65% | 4.61% |
| ABBVAbbvie Inc. | 3.80% | 1.77% | 2.03% |
| COPConocophillips Common Stock USD 0.01 | 3.56% | 1.77% | 1.79% |
| BACBank of America Corp.: Financials | 2.64% | 2.19% | 0.45% |
| NEENextera Energy Inc | 3.58% | 1.19% | 2.39% |
| ADIAnalog Devices, Inc. | 3.51% | 0.95% | 2.56% |
| UNPUnion Pacific Corp | 3.49% | 0.58% | 2.91% |
| PGProcter & Gamble Company | 3.38% | 0.31% | 3.07% |
65.3% of DIVL is already inside JAVA.
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, DIVL or JAVA?
DIVL has an expense ratio of 0.65% while JAVA charges 0.44%. JAVA is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, DIVL or JAVA?
Over the past year DIVL returned +12.67% vs +20.54% for JAVA, so JAVA leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVL or JAVA?
DIVL has been the more volatile fund at 12.0% annualized versus 11.9% for JAVA. Worst drawdown: DIVL -14.1% vs JAVA -16.5%.
Should I hold both DIVL and JAVA?
DIVL and JAVA have a monthly-return correlation of 0.88, 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 DIVL and JAVA?
65.3% of DIVL's money is in holdings JAVA also owns. 18.6% of JAVA's is in holdings DIVL also owns. They hold 21 positions in common, counted across the 37 positions we hold weights for in DIVL and 151 in JAVA.
Which pays a higher dividend, DIVL or JAVA?
DIVL yields 1.83% while JAVA yields 1.19%, so DIVL currently pays the higher dividend yield.
Is JAVA better than DIVL?
JAVA has a lower expense ratio. JAVA led over 1Y, 3Y and the full window. JAVA is less concentrated, with 29.8% of the fund in its ten largest positions against 41.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.