JPEF vs LGHT
JPMorgan Equity Focus ETF vs Langar Global Healthtech ETF
Which is better, JPEF or LGHT?
JPEF has been ahead.
JPEF has a lower expense ratio. JPEF led over 1Y and the full window. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 75.5%.
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 | JPEF | LGHT |
|---|---|---|
| Expense Ratio | 0.44%Best | 0.85% |
| AUM | $2.1B | $2M |
| Dividend Yield | 0.64% | 0.00% |
| Holdings | 84 | 32 |
| YTD Return | +9.86% | +12.20%Best |
| 1Y Return | +11.62%Best | +11.48% |
| 3Y Return (annualized) | +19.66% | - |
| Volatility (annualized) | 11.5%Best | 17.9% |
| Max Drawdown | -18.1%Best | -28.6% |
| $10,000 over 2.8 years | $15,670Best | $11,023 |
| Top 10 Weight | 45.8%Best | 75.5% |
| Fund Family | J.P. Morgan Asset Management | Langar Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 10, 2023 | Jan 10, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 10, 2024 to Oct 15, 2026 (2.8 years).
JPEF vs LGHT 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 2.8 years both funds cover.
JPEF vs LGHT Performance
JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management and Langar Global Healthtech ETF (LGHT) is an ETF from Langar Investment Management. Over the past year JPEF returned +11.62% while LGHT returned +11.48%. Year to date, JPEF is up 9.86% versus a gain of 12.20% for LGHT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LGHT has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 11.5% 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 -18.1% for JPEF and -28.6% for LGHT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JPEF charges 0.44% per year while LGHT charges 0.85%. On a $10,000 position that is $44 vs $85 annually, a gap of $41 per year that compounds over a long holding period. On income, JPEF currently yields 0.64% against 0.00% for LGHT.
Holdings Overlap
We hold position weights for 41 holdings in JPEF and 31 in LGHT, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 41 positions we hold weights for in JPEF and 31 in LGHT, against full books of 84 and 32.
What only one of them owns
Our book lists 27 positions for LGHT that do not appear in our book for JPEF (89.1% of the fund), and 40 for JPEF that do not appear in LGHT (98.3%).
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.
You are not choosing between two funds in isolation.
Whichever of JPEF and LGHT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JPEF or LGHT?
JPEF has an expense ratio of 0.44% while LGHT charges 0.85%. JPEF is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, JPEF or LGHT?
Over the past year JPEF returned +11.62% vs +11.48% for LGHT, so JPEF leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPEF or LGHT?
LGHT has been the more volatile fund at 17.9% annualized versus 11.5% for JPEF. Worst drawdown: JPEF -18.1% vs LGHT -28.6%.
Should I hold both JPEF and LGHT?
JPEF and LGHT have a monthly-return correlation of 0.40, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, JPEF or LGHT?
JPEF yields 0.64% while LGHT yields 0.00%, so JPEF currently pays the higher dividend yield.
Is LGHT better than JPEF?
JPEF has a lower expense ratio. JPEF led over 1Y and the full window. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 75.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.