JPEF vs LDRX
JPMorgan Equity Focus ETF vs SGI Enhanced Market Leaders ETF
Which is better, JPEF or LDRX?
LDRX has been ahead.
JPEF has a lower expense ratio. LDRX led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 55.2%.
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 | JPEF | LDRX |
|---|---|---|
| Expense Ratio | 0.44%Best | 0.59% |
| AUM | $2.1B | $261M |
| Dividend Yield | 0.64% | 0.97% |
| Holdings | 84 | 104 |
| YTD Return | +9.64% | +13.27%Best |
| 1Y Return | +11.56% | +16.78%Best |
| 3Y Return (annualized) | +19.60% | - |
| Volatility (annualized) | 9.9%Best | 13.6% |
| Max Drawdown | -8.3%Best | -10.6% |
| $10,000 over 1.4 years | $12,710 | $13,893Best |
| Top 10 Weight | 45.8%Best | 55.2% |
| Fund Family | J.P. Morgan Asset Management | Summit Global Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 10, 2023 | May 5, 2025 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 5, 2025 to Oct 14, 2026 (1.4 years).
JPEF vs LDRX 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 1.4 years both funds cover.
JPEF vs LDRX Performance
JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management and SGI Enhanced Market Leaders ETF (LDRX) is an ETF from Summit Global Investments. Over the past year JPEF returned +11.56% while LDRX returned +16.78%. Year to date, JPEF is up 9.64% versus a gain of 13.27% for LDRX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LDRX has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 9.9% 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 -8.3% for JPEF and -10.6% for LDRX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JPEF charges 0.44% per year while LDRX charges 0.59%. On a $10,000 position that is $44 vs $59 annually, a gap of $15 per year that compounds over a long holding period. On income, JPEF currently yields 0.64% against 0.97% for LDRX.
Holdings Overlap
64.1% of JPEF's money is in holdings LDRX also owns. 53.7% of LDRX's money is in holdings JPEF also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 41 positions we hold weights for in JPEF and 100 in LDRX, against full books of 84 and 104.
What only one of them owns
Measured across the 41 and 100 positions we hold weights for.
JPEF holds 17 positions LDRX does not, 34.1% of the fund.
Largest: GOOG 6.33%, ADI 3.08%, URI 2.64%, L 2.49%, MTB 2.41%
Top Shared Holdings
| Stock | Weight in JPEF | Weight in LDRX | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 9.59% | 11.55% | 1.96% |
| AAPLApple Inc | 5.69% | 9.87% | 4.18% |
| MSFTMicrosoft Corp_None_0 | 5.05% | 7.76% | 2.71% |
| AMZNAmazon.Com Inc | 4.50% | 5.13% | 0.63% |
| AVGOBroadcom Inc | 2.80% | 3.43% | 0.63% |
| METAMeta Platforms, Inc. | 2.36% | 3.28% | 0.92% |
| MUMicron Technology, Inc. | 2.45% | 2.53% | 0.08% |
| AMDAdvanced Micro Devices Inc. | 2.74% | 2.03% | 0.71% |
| JNJJohnson & Johnson - Common | 3.24% | 1.25% | 1.99% |
| XOMExxon Mobil Corp | 2.56% | 1.33% | 1.23% |
64.1% of JPEF is already inside LDRX.
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, JPEF or LDRX?
JPEF has an expense ratio of 0.44% while LDRX charges 0.59%. JPEF is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, JPEF or LDRX?
Over the past year JPEF returned +11.56% vs +16.78% for LDRX, so LDRX leads on 1-year performance. Over the longest common window we track (1 years), JPEF annualized +18.68% vs +26.47% for LDRX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPEF or LDRX?
LDRX has been the more volatile fund at 13.6% annualized versus 9.9% for JPEF. Worst drawdown: JPEF -8.3% vs LDRX -10.6%.
Should I hold both JPEF and LDRX?
JPEF and LDRX have a monthly-return correlation of 0.93, 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 JPEF and LDRX?
64.1% of JPEF's money is in holdings LDRX also owns. 53.7% of LDRX's is in holdings JPEF also owns. They hold 23 positions in common, counted across the 41 positions we hold weights for in JPEF and 100 in LDRX.
Which pays a higher dividend, JPEF or LDRX?
JPEF yields 0.64% while LDRX yields 0.97%, so LDRX currently pays the higher dividend yield.
Is LDRX better than JPEF?
JPEF has a lower expense ratio. LDRX led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 55.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.