JEMA vs SPY
Comparison between JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed JEMA, delivering a return of +13.3% compared to +7.1%
JEMA vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
JEMA
$1.40B
Winner
SPY
$652B
Expense Ratio
JEMA
0.33%
Winner
SPY
0.09%
Max Drawdown
Winner
JEMA
40.45%
SPY
56.47%
Sharpe Ratio
Winner
JEMA
2.47
SPY
2.07
5Y Beta
Winner
JEMA
0.84
SPY
1.00
P/E Ratio
JEMA
N/A
SPY
28.24
Forward P/E
JEMA
N/A
SPY
21.85
5Y Dividends CAGR
JEMA
N/A
SPY
5.43%
5Y EPS CAGR
JEMA
N/A
SPY
25.79%
Debt to Equity
JEMA
N/A
SPY
22.35%
P/S Ratio
JEMA
N/A
SPY
3.55
P/B Ratio
JEMA
N/A
SPY
5.29
JEMA vs SPY - Holdings Comparison
JEMA and SPY have 4 common holdings. Overlap is 0.13%
JEMA's top 25 holdings weight is 46.35%. SPY's top 25 holdings weight is 51.32%.
| Rank | JEMA | SPY |
|---|---|---|
| #1 | n/a (n/a) - 13.86% | NVIDIA CORP (NVDA) - 8.45% |
| #2 | SAMSUNG ELECTRONICS CO LTD (n/a) - 7.13% | APPLE INC (AAPL) - 6.48% |
| #3 | SK HYNIX INC (n/a) - 3.94% | MICROSOFT CORP (MSFT) - 5.20% |
| #4 | TENCENT HOLDINGS LTD (n/a) - 3.81% | AMAZON.COM INC (AMZN) - 4.14% |
| #5 | n/a (n/a) - 1.83% | ALPHABET INC CLASS A (GOOGL) - 3.32% |
| #6 | DELTA ELECTRONICS INC (n/a) - 1.83% | BROADCOM INC (AVGO) - 3.09% |
| #7 | JPMORGAN PRIME MONEY MARKET IM (JIMXX) - 1.75% | ALPHABET INC CLASS C (GOOG) - 2.65% |
| #8 | PETROLEO BRASILEIRO SA PETROBRAS ADR (PBR) - 1.37% | META PLATFORMS INC CLASS A (META) - 2.40% |
| #9 | n/a (n/a) - 0.98% | TESLA INC (TSLA) - 1.73% |
| #10 | ELITE MATERIAL CO LTD (n/a) - 0.88% | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.43% |
| #11 | ASE TECHNOLOGY HOLDING CO LTD (n/a) - 0.87% | JPMORGAN CHASE & CO (JPM) - 1.37% |
| #12 | n/a (n/a) - 0.86% | ELI LILLY AND CO (LLY) - 1.13% |
| #13 | NETEASE INC ORDINARY SHARES (n/a) - 0.82% | EXXON MOBIL CORP (XOM) - 1.03% |
| #14 | ACCTON TECHNOLOGY CORP (n/a) - 0.81% | MICRON TECHNOLOGY INC (MU) - 0.93% |
| #15 | CHINA MERCHANTS BANK CO LTD CLASS H (n/a) - 0.69% | WALMART INC (WMT) - 0.91% |
| #16 | n/a (n/a) - 0.67% | JOHNSON & JOHNSON (JNJ) - 0.90% |
| #17 | PETROCHINA CO LTD CLASS H (n/a) - 0.67% | ADVANCED MICRO DEVICES INC (AMD) - 0.86% |
| #18 | ICICI BANK LTD (n/a) - 0.66% | VISA INC CLASS A (V) - 0.85% |
| #19 | n/a (n/a) - 0.66% | COSTCO WHOLESALE CORP (COST) - 0.72% |
| #20 | H WORLD GROUP LTD ORDINARY SHARES (n/a) - 0.65% | MASTERCARD INC CLASS A (MA) - 0.67% |
| #21 | VALE SA ADR (VALE) - 0.33% | INTEL CORP (INTC) - 0.65% |
| #22 | ZHONGJI INNOLIGHT CO LTD CLASS A (n/a) - 0.32% | NETFLIX INC (NFLX) - 0.64% |
| #23 | GRUPO MEXICO SAB DE CV CLASS B (n/a) - 0.32% | CATERPILLAR INC (CAT) - 0.62% |
| #24 | TATA CONSULTANCY SERVICES LTD (n/a) - 0.32% | CHEVRON CORP (CVX) - 0.58% |
| #25 | ZHEN DING TECHNOLOGY HOLDING LTD (n/a) - 0.32% | PROCTER & GAMBLE CO (PG) - 0.57% |
| Total Holdings | 489 | 505 |
JEMA vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
JEMA
+12.03%
SPY
+9.11%
3M
Winner
JEMA
+13.95%
SPY
+6.59%
6M
Winner
JEMA
+30.43%
SPY
+10.56%
1Y
Winner
JEMA
+63.14%
SPY
+32.04%
5Y(CAGR)
JEMA
+7.14%
Winner
SPY
+13.35%
10Y(CAGR)
JEMA
N/A
SPY
+15.49%
Max(CAGR)
JEMA
+7.06%
Winner
SPY
+8.50%
JEMA vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | JEMA | SPY |
|---|---|---|
| 2026 | +23.81% | +8.27% |
| 2025 | +35.14% | +18.00% |
| 2024 | +7.76% | +25.59% |
| 2023 | +8.96% | +26.72% |
| 2022 | -25.32% | -18.64% |
| 2021 | -4.80% | +30.52% |
| 2020 | N/A | +17.28% |
| 2019 | N/A | +31.09% |
| 2018 | N/A | -5.24% |
| 2017 | N/A | +20.78% |
| 2016 | N/A | +13.59% |
| 2015 | N/A | +1.31% |
| 2014 | N/A | +14.56% |
| 2013 | N/A | +29.00% |
| 2012 | N/A | +14.17% |
| 2011 | N/A | +0.85% |
| 2010 | N/A | +13.14% |
| 2009 | N/A | +22.67% |
| 2008 | N/A | -36.25% |
| 2007 | N/A | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
JEMA vs SPY Drawdown Comparison
The maximum drawdown for JEMA was -39.52%, occurring on Oct 24, 2022. Recovery took 1077 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
| Rank | JEMA | SPY |
|---|---|---|
| #1 | -39.52% Jun 1, 2021 - Sep 15, 2025 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -13.11% Feb 25, 2026 - Apr 17, 2026 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -5.56% Apr 28, 2021 - May 26, 2021 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -5.32% Mar 11, 2021 - Apr 6, 2021 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -5.14% Oct 29, 2025 - Dec 10, 2025 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -4.64% Oct 6, 2025 - Oct 20, 2025 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -3.51% Jan 28, 2026 - Feb 9, 2026 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -3.51% Dec 10, 2025 - Dec 26, 2025 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -2.66% Apr 6, 2021 - Apr 23, 2021 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -1.76% Apr 17, 2026 - Apr 24, 2026 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -1.49% Sep 23, 2025 - Oct 1, 2025 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -1.45% May 6, 2026 - May 8, 2026 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -1.43% Apr 27, 2026 - Apr 30, 2026 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -1.28% Feb 20, 2026 - Feb 24, 2026 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -1.12% Oct 20, 2025 - Oct 24, 2025 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between JEMA and SPY is 0.70 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.70
-101
Dividend Comparison (1999 - 2026)
JEMA vs SPY dividend yield comparison.
| Year | JEMA | SPY |
|---|---|---|
| 2026 | 0.00% | 0.24% |
| 2025 | 2.93% | 1.07% |
| 2024 | 2.44% | 1.21% |
| 2023 | 2.95% | 1.40% |
| 2022 | 2.69% | 1.65% |
| 2021 | 1.54% | 1.20% |
| 2020 | 0.00% | 1.52% |
| 2019 | 0.00% | 1.75% |
| 2018 | 0.00% | 2.04% |
| 2017 | 0.00% | 1.80% |
| 2016 | 0.00% | 2.03% |
| 2015 | 0.00% | 2.06% |
| 2014 | 0.00% | 1.87% |
| 2013 | 0.00% | 1.81% |
| 2012 | 0.00% | 2.18% |
| 2011 | 0.00% | 2.05% |
| 2010 | 0.00% | 1.80% |
| 2009 | 0.00% | 1.95% |
| 2008 | 0.00% | 3.02% |
| 2007 | 0.00% | 1.85% |
| 2006 | 0.00% | 1.73% |
| 2005 | 0.00% | 1.73% |
| 2004 | 0.00% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
Select Stocks to Compare
Popular: JEMA vs SPY
More Comparisons
Compare with similar stocks