EQTY vs JPEF
Kovitz Core Equity ETF vs JPMorgan Equity Focus ETF
Which is better, EQTY or JPEF?
Each has led over a different period.
JPEF has a lower expense ratio. EQTY led over 1Y, JPEF over 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. EQTY is less concentrated, with 42.4% 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 | EQTY | JPEF |
|---|---|---|
| Expense Ratio | 0.99% | 0.44%Best |
| AUM | $1.4B | $2.1B |
| Dividend Yield | 0.02% | 0.64% |
| Holdings | 39 | 84 |
| YTD Return | +8.78% | +9.64%Best |
| 1Y Return | +13.61%Best | +11.56% |
| 3Y Return (annualized) | +17.28% | +19.60%Best |
| Volatility (annualized) | 12.5% | 12.3%Best |
| Max Drawdown | -17.3%Best | -18.1% |
| $10,000 over 3.2 years | $15,333 | $16,604Best |
| Top 10 Weight | 42.4%Best | 45.8% |
| Fund Family | Kovitz Investment Group | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 28, 2011 | 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).
EQTY 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.
EQTY vs JPEF Performance
Kovitz Core Equity ETF (EQTY) is an ETF from Kovitz Investment Group and JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management. Over the past year EQTY returned +13.61% while JPEF returned +11.56%. Year to date, EQTY is up 8.78% versus a gain of 9.64% for JPEF.
Over three years, EQTY compounded at +17.28% per year against +19.60% for JPEF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EQTY has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 12.3% 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 -17.3% for EQTY 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EQTY charges 0.99% per year while JPEF charges 0.44%. On a $10,000 position that is $99 vs $44 annually, a gap of $55 per year that compounds over a long holding period. On income, EQTY currently yields 0.02% against 0.64% for JPEF.
Holdings Overlap
24.6% of EQTY's money is in holdings JPEF also owns. 30.9% of JPEF's money is in holdings EQTY also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 38 positions we hold weights for in EQTY and 41 in JPEF, against full books of 39 and 84.
What only one of them owns
Our book lists 32 positions for JPEF that do not appear in our book for EQTY (67.4% of the fund), and 29 for EQTY that do not appear in JPEF (71.0%).
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 EQTY | Weight in JPEF | Difference |
|---|---|---|---|
| GOOGAlphabet Inc. C | 4.01% | 6.33% | 2.32% |
| MSFTMicrosoft Corp | 5.09% | 5.05% | 0.04% |
| AMZNAmazon.Com Inc | 3.14% | 4.50% | 1.36% |
| AAPLApple, Inc | 1.72% | 5.69% | 3.97% |
| ADIAnalog Devices, Inc. | 3.99% | 3.08% | 0.91% |
| METAMeta Platforms Inc | 3.25% | 2.36% | 0.89% |
| AMDAdvanced Micro Devices Inc | 1.80% | 2.74% | 0.94% |
| LOWLowes Cos., Inc. | 1.63% | 1.14% | 0.49% |
30.9% of JPEF is already inside EQTY.
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, EQTY or JPEF?
EQTY has an expense ratio of 0.99% while JPEF charges 0.44%. JPEF is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, EQTY or JPEF?
Over the past year EQTY returned +13.61% vs +11.56% for JPEF, so EQTY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EQTY or JPEF?
EQTY has been the more volatile fund at 12.5% annualized versus 12.3% for JPEF. Worst drawdown: EQTY -17.3% vs JPEF -18.1%.
Should I hold both EQTY and JPEF?
EQTY and JPEF have a monthly-return correlation of 0.90, 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 EQTY and JPEF?
30.9% of JPEF's money is in holdings EQTY also owns. 30.9% of JPEF's is in holdings EQTY also owns. They hold 8 positions in common, counted across the 38 positions we hold weights for in EQTY and 41 in JPEF.
Which pays a higher dividend, EQTY or JPEF?
EQTY yields 0.02% while JPEF yields 0.64%, so JPEF currently pays the higher dividend yield.
Is JPEF better than EQTY?
JPEF has a lower expense ratio. EQTY led over 1Y, JPEF over 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. EQTY is less concentrated, with 42.4% 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.