JPEF vs NANC
JPMorgan Equity Focus ETF vs Subversive Congressional Democrats Trading ETF
Which is better, JPEF or NANC?
Nearly the same fund. JPEF costs less.
JPEF has a lower expense ratio. NANC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 47.5%.
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 | NANC |
|---|---|---|
| Expense Ratio | 0.44%Best | 0.72% |
| AUM | $2.1B | $298M |
| Dividend Yield | 0.64% | 0.18% |
| Holdings | 84 | 181 |
| YTD Return | +9.64% | +13.64%Best |
| 1Y Return | +11.56% | +15.98%Best |
| 3Y Return (annualized) | +19.60% | +23.88%Best |
| Volatility (annualized) | 12.3%Best | 15.1% |
| Max Drawdown | -18.1%Best | -20.9% |
| $10,000 over 3.2 years | $16,604 | $18,138Best |
| Top 10 Weight | 45.8%Best | 47.5% |
| Fund Family | J.P. Morgan Asset Management | Subversive Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 10, 2023 | Feb 7, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 31, 2023 to Oct 14, 2026 (3.2 years).
JPEF vs NANC 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 3.2 years both funds cover.
JPEF vs NANC Performance
JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management and Subversive Congressional Democrats Trading ETF (NANC) is an ETF from Subversive Capital. Over the past year JPEF returned +11.56% while NANC returned +15.98%. Year to date, JPEF is up 9.64% versus a gain of 13.64% for NANC.
Over three years, JPEF compounded at +19.60% per year against +23.88% for NANC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NANC has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.3% 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 -20.9% for NANC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. 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 NANC charges 0.72%. On a $10,000 position that is $44 vs $72 annually, a gap of $28 per year that compounds over a long holding period. On income, JPEF currently yields 0.64% against 0.18% for NANC.
Holdings Overlap
64.0% of JPEF's money is in holdings NANC also owns. 45.3% of NANC's money is in holdings JPEF also owns.
The two portfolios partly overlap.
20 positions in common, counted across the 41 positions we hold weights for in JPEF and 89 in NANC, against full books of 84 and 181.
What only one of them owns
Our book lists 67 positions for NANC that do not appear in our book for JPEF (53.9% of the fund), and 20 for JPEF that do not appear in NANC (34.3%).
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.
Top Shared Holdings
| Stock | Weight in JPEF | Weight in NANC | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 9.59% | 8.78% | 0.81% |
| GOOGAlphabet, Inc.- Cl C | 6.33% | 5.73% | 0.60% |
| MSFTMicrosoft Corp_None_0 | 5.05% | 6.66% | 1.61% |
| AAPLApple Inc | 5.69% | 4.41% | 1.28% |
| AMZNAmazon.Com Inc | 4.50% | 4.69% | 0.19% |
| MUMicron Technology, Inc. | 2.45% | 2.69% | 0.24% |
| METAMeta Platforms, Inc. | 2.36% | 2.37% | 0.01% |
| JNJJohnson & Johnson - Common | 3.24% | 1.38% | 1.86% |
| AMDAdvanced Micro Devices Inc. | 2.74% | 1.73% | 1.01% |
| AVGOBroadcom Inc | 2.80% | 1.00% | 1.80% |
64.0% of JPEF is already inside NANC.
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 NANC?
JPEF has an expense ratio of 0.44% while NANC charges 0.72%. JPEF is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, JPEF or NANC?
Over the past year JPEF returned +11.56% vs +15.98% for NANC, so NANC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPEF or NANC?
NANC has been the more volatile fund at 15.1% annualized versus 12.3% for JPEF. Worst drawdown: JPEF -18.1% vs NANC -20.9%.
Should I hold both JPEF and NANC?
JPEF and NANC have a monthly-return correlation of 0.96, 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 NANC?
64.0% of JPEF's money is in holdings NANC also owns. 45.3% of NANC's is in holdings JPEF also owns. They hold 20 positions in common, counted across the 41 positions we hold weights for in JPEF and 89 in NANC.
Which pays a higher dividend, JPEF or NANC?
JPEF yields 0.64% while NANC yields 0.18%, so JPEF currently pays the higher dividend yield.
Is NANC better than JPEF?
JPEF has a lower expense ratio. NANC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 47.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.