JMOM vs LCTU
JPMorgan US Momentum Factor ETF vs iShares US Carbon Transition Readiness Aware Active ETF
Which is better, JMOM or LCTU?
JMOM has been ahead.
JMOM has a lower expense ratio. JMOM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. JMOM is less concentrated, with 19.1% of the fund in its ten largest positions against 35.5%.
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 | LCTU |
|---|---|---|
| Expense Ratio | 0.12%Best | 0.15% |
| AUM | $2.8B | $1.2B |
| Dividend Yield | 0.75% | 0.97% |
| Holdings | 594 | 334 |
| YTD Return | +20.05%Best | +11.76% |
| 1Y Return | +22.67%Best | +15.34% |
| 3Y Return (annualized) | +26.39%Best | +21.21% |
| 5Y Return (annualized) | +13.72%Best | +11.70% |
| Volatility (annualized) | 17.0% | 15.5%Best |
| Max Drawdown | -28.3% | -25.9%Best |
| $10,000 over 5 years | $19,019Best | $17,389 |
| Top 10 Weight | 19.1%Best | 35.5% |
| Fund Family | J.P. Morgan Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 8, 2017 | Apr 6, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Apr 8, 2021 to Oct 14, 2026 (5.5 years).
JMOM vs LCTU 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 5.5 years both funds cover.
JMOM vs LCTU Performance
JPMorgan US Momentum Factor ETF (JMOM) is an ETF from J.P. Morgan Asset Management and iShares US Carbon Transition Readiness Aware Active ETF (LCTU) is an ETF from iShares by BlackRock (US). Over the past year JMOM returned +22.67% while LCTU returned +15.34%. Year to date, JMOM is up 20.05% versus a gain of 11.76% for LCTU.
Over three years, JMOM compounded at +26.39% per year against +21.21% for LCTU; over five years the annualized figures are +13.72% and +11.70% respectively. Across the full 6-year window we track, JMOM has the edge at +14.69% annualized vs +12.46%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JMOM has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 15.5% for LCTU. 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 -28.3% for JMOM and -25.9% for LCTU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. 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 LCTU charges 0.15%. On a $10,000 position that is $12 vs $15 annually, a gap of $3 per year that compounds over a long holding period. On income, JMOM currently yields 0.75% against 0.97% for LCTU.
Holdings Overlap
65.9% of JMOM's money is in holdings LCTU also owns. 58.3% of LCTU's money is in holdings JMOM also owns.
The two portfolios partly overlap.
122 positions in common, counted across the 285 positions we hold weights for in JMOM and 331 in LCTU, against full books of 594 and 334.
What only one of them owns
Our book lists 193 positions for LCTU that do not appear in our book for JMOM (40.9% of the fund), and 154 for JMOM that do not appear in LCTU (31.2%).
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 LCTU | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.97% | 8.16% | 6.19% |
| AAPLApple, Inc | 2.03% | 7.17% | 5.14% |
| MSFTMicrosoft Corp | 2.02% | 4.94% | 2.92% |
| GOOGLAlphabet Inc | 1.96% | 2.49% | 0.53% |
| AMDAdvanced Micro Devices Inc | 2.53% | 1.64% | 0.89% |
| AVGOBroadcom Inc | 1.89% | 2.04% | 0.15% |
| MUMicron Technology, Inc. | 2.12% | 1.66% | 0.46% |
| AMZNAmazon.Com Inc | 0.56% | 3.08% | 2.52% |
| JNJJohnson & Johnson - Common | 1.74% | 0.63% | 1.11% |
| INTCIntel Corporation | 1.61% | 0.74% | 0.87% |
65.9% of JMOM is already inside LCTU.
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 LCTU?
JMOM has an expense ratio of 0.12% while LCTU charges 0.15%. JMOM is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, JMOM or LCTU?
Over the past year JMOM returned +22.67% vs +15.34% for LCTU, so JMOM leads on 1-year performance. Over the longest common window we track (6 years), JMOM annualized +14.69% vs +12.46% for LCTU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JMOM or LCTU?
JMOM has been the more volatile fund at 17.0% annualized versus 15.5% for LCTU. Worst drawdown: JMOM -28.3% vs LCTU -25.9%.
Should I hold both JMOM and LCTU?
JMOM and LCTU have a monthly-return correlation of 0.94, 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 LCTU?
65.9% of JMOM's money is in holdings LCTU also owns. 58.3% of LCTU's is in holdings JMOM also owns. They hold 122 positions in common, counted across the 285 positions we hold weights for in JMOM and 331 in LCTU.
Which pays a higher dividend, JMOM or LCTU?
JMOM yields 0.75% while LCTU yields 0.97%, so LCTU currently pays the higher dividend yield.
Is LCTU better than JMOM?
JMOM has a lower expense ratio. JMOM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. JMOM is less concentrated, with 19.1% of the fund in its ten largest positions against 35.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.