JPEF vs PTL
JPMorgan Equity Focus ETF vs Inspire 500 ETF
Which is better, JPEF or PTL?
Each has led over a different period.
PTL has a lower expense ratio. JPEF led over 1Y, PTL over the full window. The two have moved almost in lockstep, correlation 0.90. PTL is less concentrated, with 28.0% 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 | PTL |
|---|---|---|
| Expense Ratio | 0.44% | 0.09%Best |
| AUM | $2.1B | $892M |
| Dividend Yield | 0.64% | 0.94% |
| Holdings | 84 | 941 |
| YTD Return | +9.64%Best | +9.62% |
| 1Y Return | +11.56%Best | +10.17% |
| 3Y Return (annualized) | +19.60% | - |
| Volatility (annualized) | 11.3%Best | 13.2% |
| Max Drawdown | -18.1%Best | -19.7% |
| $10,000 over 2.6 years | $14,081 | $14,110Best |
| Top 10 Weight | 45.8% | 28.0%Best |
| Fund Family | J.P. Morgan Asset Management | Inspire ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 10, 2023 | Mar 25, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 26, 2024 to Oct 14, 2026 (2.6 years).
JPEF vs PTL 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 2.6 years both funds cover.
JPEF vs PTL Performance
JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management and Inspire 500 ETF (PTL) is an ETF from Inspire ETFs. Over the past year JPEF returned +11.56% while PTL returned +10.17%. Year to date, JPEF is up 9.64% versus a gain of 9.62% for PTL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PTL has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 11.3% 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 -19.7% for PTL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. 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 PTL charges 0.09%. On a $10,000 position that is $44 vs $9 annually, a gap of $35 per year that compounds over a long holding period. On income, JPEF currently yields 0.64% against 0.94% for PTL.
Holdings Overlap
19.5% of JPEF's money is in holdings PTL also owns. 17.4% of PTL's money is in holdings JPEF also owns.
JPEF and PTL share little of their money.
10 positions in common, counted across the 41 positions we hold weights for in JPEF and 501 in PTL, against full books of 84 and 941.
What only one of them owns
Our book lists 485 positions for PTL that do not appear in our book for JPEF (81.7% of the fund), and 30 for JPEF that do not appear in PTL (78.7%).
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 PTL | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.80% | 10.05% | 7.25% |
| XOMExxon Mobil Corp | 2.56% | 3.79% | 1.23% |
| NEENextera Energy Inc. | 2.19% | 1.01% | 1.18% |
| URIUnited Rentals Inc. | 2.64% | 0.38% | 2.26% |
| LLoews Corp. | 2.49% | 0.13% | 2.36% |
| PWRQuanta | 1.61% | 0.57% | 1.04% |
| FIXComfort Systems USA Inc. | 1.75% | 0.34% | 1.41% |
| KMIKinder Morgan Inc./de | 1.53% | 0.42% | 1.11% |
| SNOWSnowflake Computing Inc | 1.26% | 0.67% | 0.59% |
| NBIXNeurocrine Biosciences Inc | 0.71% | 0.09% | 0.62% |
You are not choosing between two funds in isolation.
Whichever of JPEF and PTL 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 PTL?
JPEF has an expense ratio of 0.44% while PTL charges 0.09%. PTL is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, JPEF or PTL?
Over the past year JPEF returned +11.56% vs +10.17% for PTL, 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 PTL?
PTL has been the more volatile fund at 13.2% annualized versus 11.3% for JPEF. Worst drawdown: JPEF -18.1% vs PTL -19.7%.
Should I hold both JPEF and PTL?
JPEF and PTL have a monthly-return correlation of 0.90, 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 PTL?
19.5% of JPEF's money is in holdings PTL also owns. 17.4% of PTL's is in holdings JPEF also owns. They hold 10 positions in common, counted across the 41 positions we hold weights for in JPEF and 501 in PTL.
Which pays a higher dividend, JPEF or PTL?
JPEF yields 0.64% while PTL yields 0.94%, so PTL currently pays the higher dividend yield.
Is PTL better than JPEF?
PTL has a lower expense ratio. JPEF led over 1Y, PTL over the full window. The two have moved almost in lockstep, correlation 0.90. PTL is less concentrated, with 28.0% 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.