JMOM vs JQUA
JPMorgan US Momentum Factor ETF vs JPMorgan US Quality Factor ETF
Which is better, JMOM or JQUA?
Each has led over a different period.
JMOM led over 1Y, 3Y and the full window, JQUA over 5Y. The two have moved almost in lockstep, correlation 0.95. JMOM is less concentrated, with 19.1% of the fund in its ten largest positions against 19.8%.
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 | JMOM | JQUA |
|---|---|---|
| Expense Ratio | 0.12%Tie | 0.12%Tie |
| AUM | $2.8B | $9.3B |
| Dividend Yield | 0.75% | 1.08% |
| Holdings | 594 | 624 |
| YTD Return | +20.05%Best | +19.98% |
| 1Y Return | +22.67%Best | +21.86% |
| 3Y Return (annualized) | +26.39%Best | +20.91% |
| 5Y Return (annualized) | +13.72% | +13.77%Best |
| Volatility (annualized) | 17.4% | 15.3%Best |
| Max Drawdown | -34.3% | -32.9%Best |
| $10,000 over 5 years | $19,019 | $19,061Best |
| Top 10 Weight | 19.1%Best | 19.8% |
| Fund Family | J.P. Morgan Asset Management | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 8, 2017 | Nov 8, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Nov 9, 2017 to Oct 14, 2026 (8.9 years).
JMOM 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 8.9 years both funds cover.
JMOM vs JQUA Performance
JPMorgan US Momentum Factor ETF (JMOM) is an ETF from J.P. Morgan Asset Management and JPMorgan US Quality Factor ETF (JQUA) is an ETF from J.P. Morgan Asset Management. Over the past year JMOM returned +22.67% while JQUA returned +21.86%. Year to date, JMOM is up 20.05% versus a gain of 19.98% for JQUA.
Over three years, JMOM compounded at +26.39% per year against +20.91% for JQUA; over five years the annualized figures are +13.72% and +13.77% respectively. Across the full 9-year window we track, JMOM has the edge at +15.02% annualized vs +14.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JMOM has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 15.3% 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 -34.3% for JMOM and -32.9% 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JMOM charges 0.12% per year while JQUA charges 0.12%. On a $10,000 position that is $12 vs $12 annually. On income, JMOM currently yields 0.75% against 1.08% for JQUA.
Holdings Overlap
51.6% of JMOM's money is in holdings JQUA also owns. 54.3% of JQUA's money is in holdings JMOM also owns.
The two portfolios partly overlap.
113 positions in common, counted across the 285 positions we hold weights for in JMOM and 306 in JQUA, against full books of 594 and 624.
What only one of them owns
Our book lists 184 positions for JQUA that do not appear in our book for JMOM (44.5% of the fund), and 161 for JMOM that do not appear in JQUA (45.1%).
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 JMOM | Weight in JQUA | Difference |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | 2.53% | 2.26% | 0.27% |
| MUMicron Technology, Inc. | 2.12% | 2.16% | 0.04% |
| AAPLApple, Inc | 2.03% | 2.06% | 0.03% |
| MSFTMicrosoft Corp | 2.02% | 2.05% | 0.03% |
| NVDANvidia Corp | 1.97% | 2.00% | 0.03% |
| AVGOBroadcom Inc | 1.89% | 1.92% | 0.03% |
| GOOGLAlphabet Inc | 1.96% | 1.80% | 0.16% |
| JNJJohnson & Johnson - Common | 1.74% | 1.54% | 0.20% |
| PLTRPalantir Technologies Inc | 1.27% | 1.29% | 0.02% |
| LRCXLrcx Uw Equity | 1.28% | 1.15% | 0.13% |
54.3% of JQUA is already inside JMOM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, JMOM or JQUA?
JMOM has an expense ratio of 0.12% while JQUA charges 0.12%. At the precision these are quoted to, they cost the same.
Which performed better, JMOM or JQUA?
Over the past year JMOM returned +22.67% vs +21.86% for JQUA, so JMOM leads on 1-year performance. Over the longest common window we track (9 years), JMOM annualized +15.02% vs +14.13% for JQUA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JMOM or JQUA?
JMOM has been the more volatile fund at 17.4% annualized versus 15.3% for JQUA. Worst drawdown: JMOM -34.3% vs JQUA -32.9%.
Should I hold both JMOM and JQUA?
JMOM and JQUA have a monthly-return correlation of 0.95, 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 JMOM and JQUA?
54.3% of JQUA's money is in holdings JMOM also owns. 54.3% of JQUA's is in holdings JMOM also owns. They hold 113 positions in common, counted across the 285 positions we hold weights for in JMOM and 306 in JQUA.
Which pays a higher dividend, JMOM or JQUA?
JMOM yields 0.75% while JQUA yields 1.08%, so JQUA currently pays the higher dividend yield.
Is JQUA better than JMOM?
JMOM led over 1Y, 3Y and the full window, JQUA over 5Y. The two have moved almost in lockstep, correlation 0.95. JMOM is less concentrated, with 19.1% of the fund in its ten largest positions against 19.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.