JEMA vs ZROZ

Comparison between JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA, ETF) and PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX EXCHANGE-TRADED FUND (ZROZ, ETF).

5-Year PerformanceJEMA has outperformed ZROZ, delivering a return of +7.1% compared to -11.4%

JEMA vs ZROZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JEMA(ETF)	ZROZ(ETF)
Net Assets	$1.40B	$1.40B
Expense Ratio	0.33%	0.15%
Max Drawdown	40.45%	67.48%
Sharpe Ratio	2.47	-0.21
5Y Beta	0.84	0.11
5Y Dividends CAGR	N/A	3.66%

Net Assets

JEMA

$1.40B

ZROZ

$1.40B

Expense Ratio

JEMA

0.33%

Winner

ZROZ

0.15%

Max Drawdown

Winner

JEMA

40.45%

ZROZ

67.48%

Sharpe Ratio

Winner

JEMA

2.47

ZROZ

-0.21

5Y Beta

JEMA

0.84

Winner

ZROZ

0.11

5Y Dividends CAGR

JEMA

N/A

ZROZ

3.66%

JEMA vs ZROZ - Historical Returns

Returns include dividend reinvestment.

Period	JEMA	ZROZ
1 month	+12.03%	-1.33%
3 months	+13.95%	-0.95%
6 months	+30.43%	-4.75%
1 year	+63.14%	+0.27%
5 years(CAGR)	+7.14%	-11.36%
10 years(CAGR)	N/A	-3.79%
Max(CAGR)	+7.06%	+2.14%

Winner

JEMA

+12.03%

ZROZ

-1.33%

Winner

JEMA

+13.95%

ZROZ

-0.95%

Winner

JEMA

+30.43%

ZROZ

-4.75%

Winner

JEMA

+63.14%

ZROZ

+0.27%

5Y(CAGR)

Winner

JEMA

+7.14%

ZROZ

-11.36%

10Y(CAGR)

JEMA

N/A

ZROZ

-3.79%

Max(CAGR)

Winner

JEMA

+7.06%

ZROZ

+2.14%

JEMA vs ZROZ - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	JEMA	ZROZ
2026	+23.81%	-0.16%
2025	+35.14%	-1.87%
2024	+7.76%	-15.03%
2023	+8.96%	-1.52%
2022	-25.32%	-39.26%
2021	-4.80%	-4.79%
2020	N/A	+22.56%
2019	N/A	+20.05%
2018	N/A	-3.51%
2017	N/A	+13.87%
2016	N/A	-0.31%
2015	N/A	-7.39%
2014	N/A	+48.29%
2013	N/A	-19.11%
2012	N/A	+3.51%
2011	N/A	+61.75%
2010	N/A	+9.96%
2009	N/A	-6.29%

JEMA vs ZROZ Drawdown Comparison

The maximum drawdown for JEMA was -39.52%, occurring on Oct 24, 2022. Recovery took 1077 trading sessions.

The maximum drawdown for ZROZ was -62.94%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current ZROZ drawdown is -59.76%.

Rank	JEMA	ZROZ
#1	-39.52% Jun 1, 2021 - Sep 15, 2025	-62.94% Mar 9, 2020 - Oct 19, 2023
#2	-13.11% Feb 25, 2026 - Apr 17, 2026	-32.29% Jul 25, 2012 - Dec 11, 2014
#3	-5.56% Apr 28, 2021 - May 26, 2021	-28.88% Aug 26, 2010 - Aug 10, 2011
#4	-5.32% Mar 11, 2021 - Apr 6, 2021	-25.82% Jan 30, 2015 - Jun 27, 2016
#5	-5.14% Oct 29, 2025 - Dec 10, 2025	-25.21% Jul 8, 2016 - Aug 2, 2019
#6	-4.64% Oct 6, 2025 - Oct 20, 2025	-18.35% Oct 3, 2011 - Dec 19, 2011
#7	-3.51% Jan 28, 2026 - Feb 9, 2026	-17.49% Dec 19, 2011 - May 17, 2012
#8	-3.51% Dec 10, 2025 - Dec 26, 2025	-15.67% Nov 27, 2009 - May 6, 2010
#9	-2.66% Apr 6, 2021 - Apr 23, 2021	-12.23% Aug 28, 2019 - Feb 20, 2020
#10	-1.76% Apr 17, 2026 - Apr 24, 2026	-9.10% Aug 10, 2011 - Aug 18, 2011
#11	-1.49% Sep 23, 2025 - Oct 1, 2025	-8.29% May 6, 2010 - May 20, 2010
#12	-1.45% May 6, 2026 - May 8, 2026	-7.85% Sep 22, 2011 - Oct 3, 2011
#13	-1.43% Apr 27, 2026 - Apr 30, 2026	-7.18% Aug 19, 2011 - Sep 2, 2011
#14	-1.28% Feb 20, 2026 - Feb 24, 2026	-7.09% Jun 1, 2012 - Jul 20, 2012
#15	-1.12% Oct 20, 2025 - Oct 24, 2025	-6.88% Jul 1, 2010 - Aug 16, 2010

Correlation

Correlation between JEMA and ZROZ is 0.01 which considered as a very weak or no correlation - the stocks move independently of each other.

0.01

-101

Dividend Comparison (2009 - 2026)

JEMA vs ZROZ dividend yield comparison.

Year	JEMA	ZROZ
2026	0.00%	1.30%
2025	2.93%	4.96%
2024	2.44%	4.58%
2023	2.95%	3.52%
2022	2.69%	2.76%
2021	1.54%	1.60%
2020	0.00%	1.68%
2019	0.00%	2.22%
2018	0.00%	2.06%
2017	0.00%	2.53%
2016	0.00%	3.00%
2015	0.00%	2.98%
2014	0.00%	2.60%
2013	0.00%	4.28%
2012	0.00%	3.16%
2011	0.00%	2.99%
2010	0.00%	4.55%
2009	0.00%	0.74%