FLCC vs JQUA
Federated Hermes MDT Large Cap Core ETF vs JPMorgan US Quality Factor ETF
Which is better, FLCC or JQUA?
Each has led over a different period.
JQUA has a lower expense ratio. FLCC led over the full window, JQUA over 1Y. JQUA is less concentrated, with 19.8% of the fund in its ten largest positions against 38.9%.
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 | FLCC | JQUA |
|---|---|---|
| Expense Ratio | 0.29% | 0.12%Best |
| AUM | $179M | $9.3B |
| Dividend Yield | 0.45% | 1.08% |
| Holdings | 304 | 624 |
| YTD Return | +12.79% | +19.98%Best |
| 1Y Return | +16.11% | +21.86%Best |
| 3Y Return (annualized) | - | +20.91% |
| 5Y Return (annualized) | - | +13.77% |
| Volatility (annualized) | 12.4% | 11.1%Best |
| Max Drawdown | -19.2% | -16.8%Best |
| $10,000 over 2.2 years | $14,419Best | $14,310 |
| Top 10 Weight | 38.9% | 19.8%Best |
| Fund Family | Federated Hermes | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 30, 2024 | Nov 8, 2017 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 31, 2024 to Oct 14, 2026 (2.2 years).
FLCC vs JQUA 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 2.2 years both funds cover.
FLCC vs JQUA Performance
Federated Hermes MDT Large Cap Core ETF (FLCC) is an ETF from Federated Hermes and JPMorgan US Quality Factor ETF (JQUA) is an ETF from J.P. Morgan Asset Management. Over the past year FLCC returned +16.11% while JQUA returned +21.86%. Year to date, FLCC is up 12.79% versus a gain of 19.98% for JQUA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLCC has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 11.1% for JQUA. 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 -19.2% for FLCC and -16.8% for JQUA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLCC charges 0.29% per year while JQUA charges 0.12%. On a $10,000 position that is $29 vs $12 annually, a gap of $17 per year that compounds over a long holding period. On income, FLCC currently yields 0.45% against 1.08% for JQUA.
Holdings Overlap
63.9% of FLCC's money is in holdings JQUA also owns. 43.1% of JQUA's money is in holdings FLCC also owns.
The two portfolios partly overlap.
68 positions in common, counted across the 155 positions we hold weights for in FLCC and 306 in JQUA, against full books of 304 and 624.
What only one of them owns
Our book lists 228 positions for JQUA that do not appear in our book for FLCC (55.6% of the fund), and 83 for FLCC that do not appear in JQUA (36.1%).
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 FLCC | Weight in JQUA | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.62% | 2.00% | 6.62% |
| AAPLApple, Inc | 6.81% | 2.06% | 4.75% |
| GOOGLAlphabet Inc | 5.88% | 1.80% | 4.08% |
| MSFTMicrosoft Corp | 4.21% | 2.05% | 2.16% |
| AVGOBroadcom Inc | 2.21% | 1.92% | 0.29% |
| MUMicron Technology, Inc. | 1.44% | 2.16% | 0.72% |
| ABBVAbbvie Inc. | 2.18% | 1.25% | 0.93% |
| METAMeta Platforms Inc | 1.23% | 2.10% | 0.87% |
| COSTCostco Wholesale Corp. | 2.06% | 1.16% | 0.90% |
| AMDAdvanced Micro Devices Inc | 0.44% | 2.26% | 1.82% |
63.9% of FLCC is already inside JQUA.
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, FLCC or JQUA?
FLCC has an expense ratio of 0.29% while JQUA charges 0.12%. JQUA is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, FLCC or JQUA?
Over the past year FLCC returned +16.11% vs +21.86% for JQUA, so JQUA leads on 1-year performance. Over the longest common window we track (2 years), FLCC annualized +18.10% vs +17.69% for JQUA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCC or JQUA?
FLCC has been the more volatile fund at 12.4% annualized versus 11.1% for JQUA. Worst drawdown: FLCC -19.2% vs JQUA -16.8%.
Should I hold both FLCC and JQUA?
FLCC and JQUA have a monthly-return correlation of 0.89, 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 FLCC and JQUA?
63.9% of FLCC's money is in holdings JQUA also owns. 43.1% of JQUA's is in holdings FLCC also owns. They hold 68 positions in common, counted across the 155 positions we hold weights for in FLCC and 306 in JQUA.
Which pays a higher dividend, FLCC or JQUA?
FLCC yields 0.45% while JQUA yields 1.08%, so JQUA currently pays the higher dividend yield.
Is JQUA better than FLCC?
JQUA has a lower expense ratio. FLCC led over the full window, JQUA over 1Y. JQUA is less concentrated, with 19.8% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.