GOP vs JPEF
Subversive Congressional Republicans Trading ETF vs JPMorgan Equity Focus ETF
Which is better, GOP or JPEF?
GOP has been ahead.
JPEF has a lower expense ratio. GOP led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. GOP is less concentrated, with 38.4% 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 | GOP | JPEF |
|---|---|---|
| Expense Ratio | 0.73% | 0.44%Best |
| AUM | $94M | $2.1B |
| Dividend Yield | 0.56% | 0.64% |
| Holdings | 141 | 84 |
| YTD Return | +19.48%Best | +9.64% |
| 1Y Return | +22.08%Best | +11.56% |
| 3Y Return (annualized) | +21.66%Best | +19.60% |
| Volatility (annualized) | 13.4% | 12.3%Best |
| Max Drawdown | -20.7% | -18.1%Best |
| $10,000 over 3.2 years | $17,011Best | $16,604 |
| Top 10 Weight | 38.4%Best | 45.8% |
| Fund Family | Subversive Capital | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 7, 2023 | 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).
GOP 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.
GOP vs JPEF Performance
Subversive Congressional Republicans Trading ETF (GOP) is an ETF from Subversive Capital and JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management. Over the past year GOP returned +22.08% while JPEF returned +11.56%. Year to date, GOP is up 19.48% versus a gain of 9.64% for JPEF.
Over three years, GOP compounded at +21.66% per year against +19.60% for JPEF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GOP has been the more volatile fund, with annualized monthly volatility of 13.4% 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 -20.7% for GOP 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
GOP charges 0.73% per year while JPEF charges 0.44%. On a $10,000 position that is $73 vs $44 annually, a gap of $29 per year that compounds over a long holding period. On income, GOP currently yields 0.56% against 0.64% for JPEF.
Holdings Overlap
23.9% of GOP's money is in holdings JPEF also owns. 49.3% of JPEF's money is in holdings GOP also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 135 positions we hold weights for in GOP and 41 in JPEF, against full books of 141 and 84.
What only one of them owns
Our book lists 24 positions for JPEF that do not appear in our book for GOP (49.0% of the fund), and 112 for GOP that do not appear in JPEF (70.4%).
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 GOP | Weight in JPEF | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 3.48% | 9.59% | 6.11% |
| FIXComfort Systems USA Inc. | 7.59% | 1.75% | 5.84% |
| AAPLApple Inc | 0.57% | 5.69% | 5.12% |
| AMDAdvanced Micro Devices Inc. | 3.29% | 2.74% | 0.55% |
| MSFTMicrosoft Corp_None_0 | 0.56% | 5.05% | 4.49% |
| AMZNAmazon.Com Inc | 0.63% | 4.50% | 3.87% |
| JNJJohnson & Johnson - Common | 1.39% | 3.24% | 1.85% |
| AVGOBroadcom Inc | 0.84% | 2.80% | 1.96% |
| PANWPalo Alto Networks Inc. | 0.77% | 2.45% | 1.68% |
| METAMeta Platforms, Inc. | 0.59% | 2.36% | 1.77% |
49.3% of JPEF is already inside GOP.
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, GOP or JPEF?
GOP has an expense ratio of 0.73% while JPEF charges 0.44%. JPEF is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, GOP or JPEF?
Over the past year GOP returned +22.08% vs +11.56% for JPEF, so GOP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GOP or JPEF?
GOP has been the more volatile fund at 13.4% annualized versus 12.3% for JPEF. Worst drawdown: GOP -20.7% vs JPEF -18.1%.
Should I hold both GOP and JPEF?
GOP 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 GOP and JPEF?
49.3% of JPEF's money is in holdings GOP also owns. 49.3% of JPEF's is in holdings GOP also owns. They hold 16 positions in common, counted across the 135 positions we hold weights for in GOP and 41 in JPEF.
Which pays a higher dividend, GOP or JPEF?
GOP yields 0.56% while JPEF yields 0.64%, so JPEF currently pays the higher dividend yield.
Is JPEF better than GOP?
JPEF has a lower expense ratio. GOP led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. GOP is less concentrated, with 38.4% 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.