GGTL vs JPEF
Gabelli Global Technology Leaders ETF vs JPMorgan Equity Focus ETF
Which is better, GGTL or JPEF?
GGTL has been ahead.
GGTL has a lower expense ratio. GGTL led over 1Y, 3Y and the full window.
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 | GGTL | JPEF |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.44% |
| AUM | $16M | $2.1B |
| Dividend Yield | 0.82% | 0.64% |
| Holdings | 149 | 84 |
| YTD Return | +21.53%Best | +9.64% |
| 1Y Return | +22.76%Best | +11.56% |
| 3Y Return (annualized) | +20.64%Best | +19.60% |
| Volatility (annualized) | 19.1% | 12.3%Best |
| Max Drawdown | -21.5% | -18.1%Best |
| $10,000 over 3.2 years | $17,020Best | $16,604 |
| Fund Family | Gabelli Funds | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 5, 2022 | Mar 10, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
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).
GGTL 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.
GGTL vs JPEF Performance
Gabelli Global Technology Leaders ETF (GGTL) is an ETF from Gabelli Funds and JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management. Over the past year GGTL returned +22.76% while JPEF returned +11.56%. Year to date, GGTL is up 21.53% versus a gain of 9.64% for JPEF.
Over three years, GGTL compounded at +20.64% per year against +19.60% for JPEF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGTL has been the more volatile fund, with annualized monthly volatility of 19.1% 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 -21.5% for GGTL 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GGTL charges 0.00% per year while JPEF charges 0.44%. On a $10,000 position that is $0 vs $44 annually, a gap of $44 per year that compounds over a long holding period. On income, GGTL currently yields 0.82% against 0.64% for JPEF.
Holdings Overlap
At least 31.4% of JPEF's money is in holdings GGTL also owns.
Stated as a floor: for GGTL, our book for it covers 85.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
8 positions in common, counted across the 70 positions we hold weights for in GGTL and 41 in JPEF, against full books of 149 and 84.
Top Shared Holdings
| Stock | Weight in GGTL | Weight in JPEF | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 2.32% | 9.59% | 7.27% |
| AMDAdvanced Micro Devices Inc. | 4.54% | 2.74% | 1.80% |
| MSFTMicrosoft Corp_None_0 | 1.84% | 5.05% | 3.21% |
| AVGOBroadcom Inc | 2.65% | 2.80% | 0.15% |
| AMZNAmazon.Com Inc | 0.84% | 4.50% | 3.66% |
| MUMicron Technology, Inc. | 1.72% | 2.45% | 0.73% |
| ADIAnalog Devices, Inc. | 1.05% | 3.08% | 2.03% |
| LRCXLam Research Corp | 0.52% | 1.16% | 0.64% |
31.4% of JPEF is already inside GGTL.
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, GGTL or JPEF?
GGTL has an expense ratio of 0.00% while JPEF charges 0.44%. GGTL is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, GGTL or JPEF?
Over the past year GGTL returned +22.76% vs +11.56% for JPEF, so GGTL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GGTL or JPEF?
GGTL has been the more volatile fund at 19.1% annualized versus 12.3% for JPEF. Worst drawdown: GGTL -21.5% vs JPEF -18.1%.
Should I hold both GGTL and JPEF?
GGTL and JPEF have a monthly-return correlation of 0.74, 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 GGTL and JPEF?
At least 31.4% of JPEF's money is in holdings GGTL also owns. Our book for GGTL is partial, so the real figure is this or higher. They hold 8 positions in common, counted across the 70 positions we hold weights for in GGTL and 41 in JPEF.
Which pays a higher dividend, GGTL or JPEF?
GGTL yields 0.82% while JPEF yields 0.64%, so GGTL currently pays the higher dividend yield.
Is JPEF better than GGTL?
GGTL has a lower expense ratio. GGTL led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.