JQUA vs LCTU
JPMorgan US Quality Factor ETF vs iShares US Carbon Transition Readiness Aware Active ETF
Which is better, JQUA or LCTU?
Nearly the same fund. JQUA costs less.
JQUA has a lower expense ratio. JQUA led over 1Y, 5Y and the full window, LCTU over 3Y. The two have moved almost in lockstep, correlation 0.97. JQUA is less concentrated, with 19.8% of the fund in its ten largest positions against 35.5%.
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 | JQUA | LCTU |
|---|---|---|
| Expense Ratio | 0.12%Best | 0.15% |
| AUM | $9.3B | $1.2B |
| Dividend Yield | 1.08% | 0.97% |
| Holdings | 624 | 334 |
| YTD Return | +19.98%Best | +11.76% |
| 1Y Return | +21.86%Best | +15.34% |
| 3Y Return (annualized) | +20.91% | +21.21%Best |
| 5Y Return (annualized) | +13.77%Best | +11.70% |
| Volatility (annualized) | 14.3%Best | 15.5% |
| Max Drawdown | -22.5%Best | -25.9% |
| $10,000 over 5 years | $19,061Best | $17,389 |
| Top 10 Weight | 19.8%Best | 35.5% |
| Fund Family | J.P. Morgan Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 8, 2017 | Apr 6, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Apr 8, 2021 to Oct 14, 2026 (5.5 years).
JQUA vs LCTU 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 5.5 years both funds cover.
JQUA vs LCTU Performance
JPMorgan US Quality Factor ETF (JQUA) is an ETF from J.P. Morgan Asset Management and iShares US Carbon Transition Readiness Aware Active ETF (LCTU) is an ETF from iShares by BlackRock (US). Over the past year JQUA returned +21.86% while LCTU returned +15.34%. Year to date, JQUA is up 19.98% versus a gain of 11.76% for LCTU.
Over three years, JQUA compounded at +20.91% per year against +21.21% for LCTU; over five years the annualized figures are +13.77% and +11.70% respectively. Across the full 6-year window we track, JQUA has the edge at +14.26% annualized vs +12.46%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LCTU has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 14.3% for JQUA. 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 -22.5% for JQUA and -25.9% for LCTU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JQUA charges 0.12% per year while LCTU charges 0.15%. On a $10,000 position that is $12 vs $15 annually, a gap of $3 per year that compounds over a long holding period. On income, JQUA currently yields 1.08% against 0.97% for LCTU.
Holdings Overlap
63.7% of JQUA's money is in holdings LCTU also owns. 56.2% of LCTU's money is in holdings JQUA also owns.
The two portfolios partly overlap.
119 positions in common, counted across the 306 positions we hold weights for in JQUA and 331 in LCTU, against full books of 624 and 334.
What only one of them owns
Our book lists 196 positions for LCTU that do not appear in our book for JQUA (42.8% of the fund), and 178 for JQUA that do not appear in LCTU (35.2%).
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 JQUA | Weight in LCTU | Difference |
|---|---|---|---|
| NVDANvidia Corp | 2.00% | 8.16% | 6.16% |
| AAPLApple, Inc | 2.06% | 7.17% | 5.11% |
| MSFTMicrosoft Corp | 2.05% | 4.94% | 2.89% |
| METAMeta Platforms Inc | 2.10% | 2.43% | 0.33% |
| GOOGLAlphabet Inc | 1.80% | 2.49% | 0.69% |
| AVGOBroadcom Inc | 1.92% | 2.04% | 0.12% |
| AMDAdvanced Micro Devices Inc | 2.26% | 1.64% | 0.62% |
| MUMicron Technology, Inc. | 2.16% | 1.66% | 0.50% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.61% | 1.21% | 0.40% |
| XOMExxonmobil Corp. | 1.78% | 0.62% | 1.16% |
63.7% of JQUA is already inside LCTU.
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, JQUA or LCTU?
JQUA has an expense ratio of 0.12% while LCTU charges 0.15%. JQUA is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, JQUA or LCTU?
Over the past year JQUA returned +21.86% vs +15.34% for LCTU, so JQUA leads on 1-year performance. Over the longest common window we track (6 years), JQUA annualized +14.26% vs +12.46% for LCTU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JQUA or LCTU?
LCTU has been the more volatile fund at 15.5% annualized versus 14.3% for JQUA. Worst drawdown: JQUA -22.5% vs LCTU -25.9%.
Should I hold both JQUA and LCTU?
JQUA and LCTU have a monthly-return correlation of 0.97, 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 JQUA and LCTU?
63.7% of JQUA's money is in holdings LCTU also owns. 56.2% of LCTU's is in holdings JQUA also owns. They hold 119 positions in common, counted across the 306 positions we hold weights for in JQUA and 331 in LCTU.
Which pays a higher dividend, JQUA or LCTU?
JQUA yields 1.08% while LCTU yields 0.97%, so JQUA currently pays the higher dividend yield.
Is LCTU better than JQUA?
JQUA has a lower expense ratio. JQUA led over 1Y, 5Y and the full window, LCTU over 3Y. The two have moved almost in lockstep, correlation 0.97. JQUA is less concentrated, with 19.8% of the fund in its ten largest positions against 35.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.