JMEE vs OUNZ

Comparison between JPMORGAN SMALL & MID CAP ENHANCED EQUITY ETF (JMEE, ETF) and VanEck Merk Gold Trust (OUNZ, ETF).

JMEE vs OUNZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JMEE(ETF)	OUNZ(ETF)
Net Assets	$2.70B	$2.80B
Expense Ratio	0.24%	0.25%
Max Drawdown	26.10%	24.36%
Sharpe Ratio	1.63	0.73
5Y Beta	0.98	0.23
P/E Ratio	30.20	N/A
Forward P/E	15.65	N/A
5Y EPS CAGR	13.41%	N/A
Debt to Equity	56.66%	N/A
P/S Ratio	1.43	N/A
P/B Ratio	2.45	N/A

Net Assets

JMEE

$2.70B

Winner

OUNZ

$2.80B

Expense Ratio

Winner

JMEE

0.24%

OUNZ

0.25%

Max Drawdown

JMEE

26.10%

Winner

OUNZ

24.36%

Sharpe Ratio

Winner

JMEE

1.63

OUNZ

0.73

5Y Beta

JMEE

0.98

Winner

OUNZ

0.23

P/E Ratio

JMEE

30.20

OUNZ

N/A

Forward P/E

JMEE

15.65

OUNZ

N/A

5Y EPS CAGR

JMEE

13.41%

OUNZ

N/A

Debt to Equity

JMEE

56.66%

OUNZ

N/A

P/S Ratio

JMEE

1.43

OUNZ

N/A

P/B Ratio

JMEE

2.45

OUNZ

N/A

JMEE vs OUNZ - Historical Returns

Returns include dividend reinvestment.

Period	JMEE	OUNZ
1 month	+3.51%	-8.81%
3 months	+14.60%	-6.59%
6 months	+15.84%	-8.64%
1 year	+31.93%	+21.44%
5 years(CAGR)	+14.25%	+17.99%
10 years(CAGR)	N/A	+12.20%
Max(CAGR)	+14.25%	+9.67%

Winner

JMEE

+3.51%

OUNZ

-8.81%

Winner

JMEE

+14.60%

OUNZ

-6.59%

Winner

JMEE

+15.84%

OUNZ

-8.64%

Winner

JMEE

+31.93%

OUNZ

+21.44%

5Y(CAGR)

JMEE

+14.25%

Winner

OUNZ

+17.99%

10Y(CAGR)

JMEE

N/A

OUNZ

+12.20%

Max(CAGR)

Winner

JMEE

+14.25%

OUNZ

+9.67%

JMEE vs OUNZ - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	JMEE	OUNZ
2026	+16.57%	-5.16%
2025	+7.89%	+61.59%
2024	+14.18%	+27.01%
2023	+18.51%	+11.98%
2022	+1.48%	+0.97%
2021	N/A	-6.17%
2020	N/A	+23.96%
2019	N/A	+17.90%
2018	N/A	-3.19%
2017	N/A	+12.03%
2016	N/A	+6.65%
2015	N/A	-11.15%
2014	N/A	-8.73%

JMEE vs OUNZ Drawdown Comparison

The maximum drawdown for JMEE was -25.40%, occurring on Apr 8, 2025. Recovery took 260 trading sessions.

The maximum drawdown for OUNZ was -24.36%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current JMEE drawdown is -0.87%. The current OUNZ drawdown is -23.82%.

Rank	JMEE	OUNZ
#1	-25.40% Nov 25, 2024 - Dec 10, 2025	-24.36% Jan 29, 2026 - Jun 10, 2026
#2	-16.61% Aug 16, 2022 - Jan 31, 2023	-21.77% Jul 11, 2014 - Jul 5, 2016
#3	-14.57% Jun 7, 2022 - Aug 12, 2022	-21.76% Aug 6, 2020 - Mar 1, 2024
#4	-13.74% Jul 31, 2023 - Dec 13, 2023	-17.58% Jul 8, 2016 - Jun 20, 2019
#5	-12.35% Feb 2, 2023 - Jul 18, 2023	-12.51% Mar 9, 2020 - Apr 9, 2020
#6	-8.24% Feb 20, 2026 - Apr 16, 2026	-10.10% Oct 20, 2025 - Dec 22, 2025
#7	-7.89% Jul 16, 2024 - Sep 19, 2024	-8.10% Oct 30, 2024 - Jan 30, 2025
#8	-7.21% Mar 28, 2024 - Jul 15, 2024	-7.12% Apr 21, 2025 - Jun 13, 2025
#9	-4.44% Dec 27, 2023 - Feb 9, 2024	-6.57% Sep 4, 2019 - Jan 6, 2020
#10	-4.37% May 17, 2022 - May 27, 2022	-5.75% May 20, 2024 - Jul 16, 2024
#11	-4.28% May 6, 2026 - May 26, 2026	-4.93% Dec 26, 2025 - Jan 12, 2026
#12	-3.58% Nov 11, 2024 - Nov 22, 2024	-4.91% Feb 24, 2020 - Mar 5, 2020
#13	-3.57% Oct 17, 2024 - Nov 6, 2024	-4.84% Mar 31, 2025 - Apr 10, 2025
#14	-2.91% Dec 11, 2025 - Jan 6, 2026	-4.84% Jun 13, 2025 - Aug 29, 2025
#15	-2.62% Feb 12, 2024 - Feb 15, 2024	-4.38% Jul 16, 2024 - Aug 12, 2024