JPEF vs NDVG
JPMorgan Equity Focus ETF vs Nuveen Dividend Growth ETF
Which is better, JPEF or NDVG?
JPEF has been ahead.
JPEF has a lower expense ratio. JPEF led over 1Y and the full window. NDVG is less concentrated, with 43.3% of the fund in its ten largest positions against 45.8%.
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 | JPEF | NDVG |
|---|---|---|
| Expense Ratio | 0.44%Best | 0.65% |
| AUM | $2.1B | $13M |
| Dividend Yield | 0.64% | 1.09% |
| Holdings | 84 | 43 |
| Volatility (annualized) | 12.3% | 10.8%Best |
| Max Drawdown | -18.1% | -14.9%Best |
| $10,000 over 2.7 years | $14,766Best | $12,871 |
| Top 10 Weight | 45.8% | 43.3%Best |
| Fund Family | J.P. Morgan Asset Management | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 10, 2023 | Aug 4, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 191 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. JPEF has data through Oct 14, 2026 and NDVG through Apr 6, 2026.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jul 31, 2023 to Apr 6, 2026 (2.7 years).
Risk: Volatility and Drawdowns
JPEF has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 10.8% for NDVG. 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 -14.9% for NDVG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JPEF charges 0.44% per year while NDVG charges 0.65%. On a $10,000 position that is $44 vs $65 annually, a gap of $21 per year that compounds over a long holding period. On income, JPEF currently yields 0.64% against 1.09% for NDVG.
Holdings Overlap
25.1% of JPEF's money is in holdings NDVG also owns. 32.3% of NDVG's money is in holdings JPEF also owns.
The two portfolios partly overlap.
The two holdings books were reported 274 days apart, JPEF as of Oct 1, 2026 and NDVG as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
9 positions in common, counted across the 41 positions we hold weights for in JPEF and 41 in NDVG, against full books of 84 and 43.
What only one of them owns
Our book lists 28 positions for NDVG that do not appear in our book for JPEF (56.3% of the fund), and 31 for JPEF that do not appear in NDVG (73.2%).
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 JPEF | Weight in NDVG | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp_None_0 | 5.05% | 7.90% | 2.85% |
| AAPLApple Inc | 5.69% | 6.70% | 1.01% |
| AVGOBroadcom Inc | 2.80% | 5.85% | 3.05% |
| NEENextera Energy Inc. | 2.19% | 2.68% | 0.49% |
| XOMExxon Mobil Corp | 2.56% | 1.90% | 0.66% |
| METAMeta Platforms, Inc. | 2.36% | 1.51% | 0.85% |
| AMTAmerican Tower Corporation | 2.07% | 1.65% | 0.42% |
| MCDKkdonald'S Corp. | 1.23% | 2.32% | 1.09% |
| LOWLowes | 1.14% | 1.75% | 0.61% |
32.3% of NDVG is already inside JPEF.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JPEF or NDVG?
JPEF has an expense ratio of 0.44% while NDVG charges 0.65%. JPEF is the cheaper option, by $21 a year on a $10,000 investment.
Which is riskier, JPEF or NDVG?
JPEF has been the more volatile fund at 12.3% annualized versus 10.8% for NDVG. Worst drawdown: JPEF -18.1% vs NDVG -14.9%.
Should I hold both JPEF and NDVG?
JPEF and NDVG have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between JPEF and NDVG?
32.3% of NDVG's money is in holdings JPEF also owns. 32.3% of NDVG's is in holdings JPEF also owns. They hold 9 positions in common, counted across the 41 positions we hold weights for in JPEF and 41 in NDVG.
Which pays a higher dividend, JPEF or NDVG?
JPEF yields 0.64% while NDVG yields 1.09%, so NDVG currently pays the higher dividend yield.
Is NDVG better than JPEF?
JPEF has a lower expense ratio. JPEF led over 1Y and the full window. NDVG is less concentrated, with 43.3% of the fund in its ten largest positions against 45.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.