JPEF vs LGHT
JPMorgan Equity Focus ETF vs Langar Global Healthtech ETF
Which is better, JPEF or LGHT?
JPEF has been ahead.
JPEF has a lower expense ratio. JPEF led over 1Y and the full window. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 75.5%.
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 | JPEF | LGHT |
|---|---|---|
| Expense Ratio | 0.44%Best | 0.85% |
| AUM | $2.0B | $2M |
| Dividend Yield | 0.65% | 0.00% |
| Holdings | 83 | 32 |
| Volatility (annualized) | 11.6%Best | 17.9% |
| Max Drawdown | -18.1%Best | -28.6% |
| $10,000 over 2.8 years | $15,358Best | $10,934 |
| Top 10 Weight | 45.8%Best | 75.5% |
| Fund Family | J.P. Morgan Asset Management | Langar Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 10, 2023 | Jan 10, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 12 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. JPEF has data through Nov 11, 2026 and LGHT through Oct 30, 2026.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 10, 2024 to Oct 30, 2026 (2.8 years).
Risk: Volatility and Drawdowns
LGHT has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 11.6% 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 -28.6% for LGHT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JPEF charges 0.44% per year while LGHT charges 0.85%. On a $10,000 position that is $44 vs $85 annually, a gap of $41 per year that compounds over a long holding period. On income, JPEF currently yields 0.65% against 0.00% for LGHT.
Holdings Overlap
We hold position weights for 41 holdings in JPEF and 31 in LGHT, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 41 positions we hold weights for in JPEF and 31 in LGHT, against full books of 83 and 32.
What only one of them owns
Our book lists 27 positions for LGHT that do not appear in our book for JPEF (89.1% of the fund), and 40 for JPEF that do not appear in LGHT (98.3%).
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.
You are not choosing between two funds in isolation.
Whichever of JPEF and LGHT 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 LGHT?
JPEF has an expense ratio of 0.44% while LGHT charges 0.85%. JPEF is the cheaper option, by $41 a year on a $10,000 investment.
Which is riskier, JPEF or LGHT?
LGHT has been the more volatile fund at 17.9% annualized versus 11.6% for JPEF. Worst drawdown: JPEF -18.1% vs LGHT -28.6%.
Should I hold both JPEF and LGHT?
JPEF and LGHT have a monthly-return correlation of 0.39, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, JPEF or LGHT?
JPEF yields 0.65% while LGHT yields 0.00%, so JPEF currently pays the higher dividend yield.
Is LGHT better than JPEF?
JPEF has a lower expense ratio. JPEF led over 1Y and the full window. JPEF is less concentrated, with 45.8% of the fund in its ten largest positions against 75.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.