JPEF vs TIME
JPMorgan Equity Focus ETF vs Clockwise US Core Equity ETF
Which is better, JPEF or TIME?
Each has led over a different period.
JPEF has a lower expense ratio. JPEF led over 3Y and the full window, TIME over 1Y. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 46.2%.
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 | TIME |
|---|---|---|
| Expense Ratio | 0.44%Best | 0.96% |
| AUM | $2.1B | $16M |
| Dividend Yield | 0.64% | 0.67% |
| Holdings | 84 | 56 |
| YTD Return | +9.64% | +11.28%Best |
| 1Y Return | +11.56% | +13.37%Best |
| 3Y Return (annualized) | +19.60%Best | +18.43% |
| Volatility (annualized) | 12.3%Best | 21.3% |
| Max Drawdown | -18.1%Best | -32.3% |
| $10,000 over 3.2 years | $16,604Best | $15,679 |
| Top 10 Weight | 45.8%Best | 46.2% |
| Fund Family | J.P. Morgan Asset Management | Clockwise Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 10, 2023 | Jan 27, 2022 |
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 TIME 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 TIME Performance
JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management and Clockwise US Core Equity ETF (TIME) is an ETF from Clockwise Capital. Over the past year JPEF returned +11.56% while TIME returned +13.37%. Year to date, JPEF is up 9.64% versus a gain of 11.28% for TIME.
Over three years, JPEF compounded at +19.60% per year against +18.43% for TIME.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TIME has been the more volatile fund, with annualized monthly volatility of 21.3% 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 -32.3% for TIME. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JPEF charges 0.44% per year while TIME charges 0.96%. On a $10,000 position that is $44 vs $96 annually, a gap of $52 per year that compounds over a long holding period. On income, JPEF currently yields 0.64% against 0.67% for TIME.
Holdings Overlap
47.8% of JPEF's money is in holdings TIME also owns. 43.5% of TIME's money is in holdings JPEF also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 41 positions we hold weights for in JPEF and 59 in TIME, against full books of 84 and 56.
What only one of them owns
Our book lists 43 positions for TIME that do not appear in our book for JPEF (54.6% of the fund), and 25 for JPEF that do not appear in TIME (50.5%).
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 TIME | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 9.59% | 9.34% | 0.25% |
| AAPLApple Inc | 5.69% | 9.28% | 3.59% |
| MSFTMicrosoft Corp_None_0 | 5.05% | 6.28% | 1.23% |
| AMZNAmazon.Com Inc | 4.50% | 3.68% | 0.82% |
| AVGOBroadcom Inc | 2.80% | 2.55% | 0.25% |
| XOMExxon Mobil Corp | 2.56% | 1.96% | 0.60% |
| AMDAdvanced Micro Devices Inc. | 2.74% | 1.60% | 1.14% |
| MUMicron Technology, Inc. | 2.45% | 1.24% | 1.21% |
| JNJJohnson & Johnson - Common | 3.24% | 0.41% | 2.83% |
| METAMeta Platforms, Inc. | 2.36% | 1.22% | 1.14% |
47.8% of JPEF is already inside TIME.
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 TIME?
JPEF has an expense ratio of 0.44% while TIME charges 0.96%. JPEF is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, JPEF or TIME?
Over the past year JPEF returned +11.56% vs +13.37% for TIME, so TIME leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPEF or TIME?
TIME has been the more volatile fund at 21.3% annualized versus 12.3% for JPEF. Worst drawdown: JPEF -18.1% vs TIME -32.3%.
Should I hold both JPEF and TIME?
JPEF and TIME have a monthly-return correlation of 0.87, 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 TIME?
47.8% of JPEF's money is in holdings TIME also owns. 43.5% of TIME's is in holdings JPEF also owns. They hold 15 positions in common, counted across the 41 positions we hold weights for in JPEF and 59 in TIME.
Which pays a higher dividend, JPEF or TIME?
JPEF yields 0.64% while TIME yields 0.67%, so TIME currently pays the higher dividend yield.
Is TIME better than JPEF?
JPEF has a lower expense ratio. JPEF led over 3Y and the full window, TIME over 1Y. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 46.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.