GRW vs JGRO
TCW Durable Growth ETF vs JPMorgan Active Growth ETF
Which is better, GRW or JGRO?
JGRO has been ahead.
JGRO has a lower expense ratio. JGRO led over 1Y and the full window. JGRO is less concentrated, with 50.0% of the fund in its ten largest positions against 52.3%.
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 | GRW | JGRO |
|---|---|---|
| Expense Ratio | 0.75% | 0.44%Best |
| AUM | $64M | $10.1B |
| Dividend Yield | 0.00% | 0.15% |
| Holdings | 64 | 134 |
| YTD Return | +0.53% | +2.91%Best |
| 1Y Return | -2.86% | +2.83%Best |
| 3Y Return (annualized) | - | +19.98% |
| Volatility (annualized) | 16.4% | 15.5%Best |
| Max Drawdown | -31.5% | -22.7%Best |
| $10,000 over 2.4 years | $9,712 | $13,687Best |
| Top 10 Weight | 52.3% | 50.0%Best |
| Fund Family | TCW ETFs | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 5, 2024 | Aug 8, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 7, 2024 to Oct 14, 2026 (2.4 years).
GRW vs JGRO 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 2.4 years both funds cover.
GRW vs JGRO Performance
TCW Durable Growth ETF (GRW) is an ETF from TCW ETFs and JPMorgan Active Growth ETF (JGRO) is an ETF from J.P. Morgan Asset Management. Over the past year GRW returned -2.86% while JGRO returned +2.83%. Year to date, GRW is up 0.53% versus a gain of 2.91% for JGRO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GRW has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 15.5% for JGRO. 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 -31.5% for GRW and -22.7% for JGRO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GRW charges 0.75% per year while JGRO charges 0.44%. On a $10,000 position that is $75 vs $44 annually, a gap of $31 per year that compounds over a long holding period. On income, GRW currently yields 0.00% against 0.15% for JGRO.
Holdings Overlap
49.9% of GRW's money is in holdings JGRO also owns. 29.3% of JGRO's money is in holdings GRW also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 30 positions we hold weights for in GRW and 134 in JGRO, against full books of 64 and 134.
What only one of them owns
Our book lists 111 positions for JGRO that do not appear in our book for GRW (67.8% of the fund), and 14 for GRW that do not appear in JGRO (40.6%).
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 GRW | Weight in JGRO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.69% | 12.10% | 5.41% |
| MSFTMicrosoft Corp | 5.83% | 4.32% | 1.51% |
| AVGOBroadcom Inc | 5.87% | 4.12% | 1.75% |
| GEGeneral Electric Co. | 5.49% | 0.85% | 4.64% |
| MAMastercard Inc | 3.08% | 1.61% | 1.47% |
| CRWDCrowdstrike Holdings Inc | 2.84% | 1.67% | 1.17% |
| VVisa Inc Class A | 3.26% | 0.60% | 2.66% |
| DDOGDatadog Inc | 3.38% | 0.39% | 2.99% |
| HLTHilton Worldwide Holdings Inc. | 3.21% | 0.33% | 2.88% |
| TTTrane Technologies PLC|125 | 2.75% | 0.50% | 2.25% |
49.9% of GRW is already inside JGRO.
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, GRW or JGRO?
GRW has an expense ratio of 0.75% while JGRO charges 0.44%. JGRO is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, GRW or JGRO?
Over the past year GRW returned -2.86% vs +2.83% for JGRO, so JGRO leads on 1-year performance. Over the longest common window we track (2 years), GRW annualized -1.21% vs +13.97% for JGRO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GRW or JGRO?
GRW has been the more volatile fund at 16.4% annualized versus 15.5% for JGRO. Worst drawdown: GRW -31.5% vs JGRO -22.7%.
Should I hold both GRW and JGRO?
GRW and JGRO have a monthly-return correlation of 0.54, 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 GRW and JGRO?
49.9% of GRW's money is in holdings JGRO also owns. 29.3% of JGRO's is in holdings GRW also owns. They hold 14 positions in common, counted across the 30 positions we hold weights for in GRW and 134 in JGRO.
Which pays a higher dividend, GRW or JGRO?
GRW yields 0.00% while JGRO yields 0.15%, so JGRO currently pays the higher dividend yield.
Is JGRO better than GRW?
JGRO has a lower expense ratio. JGRO led over 1Y and the full window. JGRO is less concentrated, with 50.0% of the fund in its ten largest positions against 52.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.