JDOC vs JGLO
JPMorgan Healthcare Leaders ETF vs JPMorgan Global Select Equity ETF
Which is better, JDOC or JGLO?
Each has led over a different period.
JGLO has a lower expense ratio. JDOC led over 1Y, JGLO over 3Y and the full window. JGLO is less concentrated, with 41.4% of the fund in its ten largest positions against 51.1%.
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 | JDOC | JGLO |
|---|---|---|
| Expense Ratio | 0.65% | 0.47%Best |
| AUM | $10M | $6.1B |
| Dividend Yield | 0.78% | 1.15% |
| Holdings | 128 | 180 |
| YTD Return | +16.72%Best | +4.92% |
| 1Y Return | +22.81%Best | +5.79% |
| 3Y Return (annualized) | +14.14% | +15.14%Best |
| Volatility (annualized) | 14.1% | 10.4%Best |
| Max Drawdown | -20.4% | -16.1%Best |
| $10,000 over 3 years | $14,815 | $15,516Best |
| Top 10 Weight | 51.1% | 41.4%Best |
| Fund Family | J.P. Morgan Asset Management | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 1, 2023 | Sep 13, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Nov 2, 2023 to Nov 9, 2026 (3 years).
JDOC vs JGLO 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 years both funds cover.
JDOC vs JGLO Performance
JPMorgan Healthcare Leaders ETF (JDOC) is an ETF from J.P. Morgan Asset Management and JPMorgan Global Select Equity ETF (JGLO) is an ETF from J.P. Morgan Asset Management. Over the past year JDOC returned +22.81% while JGLO returned +5.79%. Year to date, JDOC is up 16.72% versus a gain of 4.92% for JGLO.
Over three years, JDOC compounded at +14.14% per year against +15.14% for JGLO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JDOC has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 10.4% for JGLO. 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 -20.4% for JDOC and -16.1% for JGLO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.32. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JDOC charges 0.65% per year while JGLO charges 0.47%. On a $10,000 position that is $65 vs $47 annually, a gap of $18 per year that compounds over a long holding period. On income, JDOC currently yields 0.78% against 1.15% for JGLO.
Holdings Overlap
30.1% of JDOC's money is in holdings JGLO also owns. 8.3% of JGLO's money is in holdings JDOC also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 56 positions we hold weights for in JDOC and 80 in JGLO, against full books of 128 and 180.
What only one of them owns
Our book lists 48 positions for JGLO that do not appear in our book for JDOC (70.2% of the fund), and 33 for JDOC that do not appear in JGLO (42.6%).
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 JDOC | Weight in JGLO | Difference |
|---|---|---|---|
| ABBVAbbvie Inc. | 8.76% | 1.69% | 7.07% |
| JNJJohnson & Johnson - Common | 4.67% | 2.30% | 2.37% |
| UNHUnitedhealth Group Incorporated | 5.65% | 1.16% | 4.49% |
| TMOThermo Fisher | 4.56% | 0.42% | 4.14% |
| NOVOB:CONovo Nordisk Class B | 2.50% | 0.81% | 1.69% |
| EWEdwards Lifesciences Corp | 1.72% | 0.78% | 0.94% |
| BMYBristol-Myers Squibb Co. | 1.86% | 0.58% | 1.28% |
| SYKStryker Corp | 0.40% | 0.58% | 0.18% |
30.1% of JDOC is already inside JGLO.
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, JDOC or JGLO?
JDOC has an expense ratio of 0.65% while JGLO charges 0.47%. JGLO is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, JDOC or JGLO?
Over the past year JDOC returned +22.81% vs +5.79% for JGLO, so JDOC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JDOC or JGLO?
JDOC has been the more volatile fund at 14.1% annualized versus 10.4% for JGLO. Worst drawdown: JDOC -20.4% vs JGLO -16.1%.
Should I hold both JDOC and JGLO?
JDOC and JGLO have a monthly-return correlation of 0.32, 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 JDOC and JGLO?
30.1% of JDOC's money is in holdings JGLO also owns. 8.3% of JGLO's is in holdings JDOC also owns. They hold 8 positions in common, counted across the 56 positions we hold weights for in JDOC and 80 in JGLO.
Which pays a higher dividend, JDOC or JGLO?
JDOC yields 0.78% while JGLO yields 1.15%, so JGLO currently pays the higher dividend yield.
Is JGLO better than JDOC?
JGLO has a lower expense ratio. JDOC led over 1Y, JGLO over 3Y and the full window. JGLO is less concentrated, with 41.4% of the fund in its ten largest positions against 51.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.