JQUA vs GUNR

Comparison between JPMORGAN U.S. QUALITY FACTOR ETF (JQUA, ETF) and FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND (GUNR, ETF).

5-Year PerformanceJQUA has outperformed GUNR, delivering a return of +13.3% compared to +11.2%

JQUA vs GUNR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JQUA(ETF)	GUNR(ETF)
Net Assets	$7.50B	$7.50B
Expense Ratio	0.12%	0.46%
Max Drawdown	32.92%	49.68%
Sharpe Ratio	1.17	2.47
5Y Beta	0.84	0.56
P/E Ratio	25.28	N/A
Forward P/E	19.19	N/A
PEG Ratio	0.31	N/A
5Y Dividends CAGR	7.25%	5.36%
5Y EPS CAGR	20.39%	N/A
Debt to Equity	0.88%	N/A
P/S Ratio	3.48	N/A
P/B Ratio	5.59	N/A

Net Assets

JQUA

$7.50B

GUNR

$7.50B

Expense Ratio

Winner

JQUA

0.12%

GUNR

0.46%

Max Drawdown

Winner

JQUA

32.92%

GUNR

49.68%

Sharpe Ratio

JQUA

1.17

Winner

GUNR

2.47

5Y Beta

JQUA

0.84

Winner

GUNR

0.56

P/E Ratio

JQUA

25.28

GUNR

N/A

Forward P/E

JQUA

19.19

GUNR

N/A

PEG Ratio

JQUA

0.31

GUNR

N/A

5Y Dividends CAGR

Winner

JQUA

7.25%

GUNR

5.36%

5Y EPS CAGR

JQUA

20.39%

GUNR

N/A

Debt to Equity

JQUA

0.88%

GUNR

N/A

P/S Ratio

JQUA

3.48

GUNR

N/A

P/B Ratio

JQUA

5.59

GUNR

N/A

JQUA vs GUNR - Holdings Comparison

JQUA and GUNR have 7 common holdings. Overlap is 3.04%

JQUA's top 25 holdings weight is 33.89%. GUNR's top 25 holdings weight is 60.33%.

Rank	JQUA	GUNR
#1	ALPHABET INC CLASS A (GOOGL) - 2.34%	CORTEVA INC (CTVA) - 5.17%
#2	BROADCOM INC (AVGO) - 2.13%	EXXON MOBIL CORP (XOM) - 4.97%
#3	APPLE INC (AAPL) - 2.08%	NUTRIEN LTD (n/a) - 4.92%
#4	NVIDIA CORP (NVDA) - 1.99%	BHP GROUP LTD (n/a) - 4.23%
#5	MICRON TECHNOLOGY INC (MU) - 1.97%	SHELL PLC (n/a) - 3.86%
#6	EXXON MOBIL CORP (XOM) - 1.88%	CHEVRON CORP (CVX) - 3.76%
#7	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.72%	ARCHER-DANIELS-MIDLAND CO (ADM) - 3.45%
#8	META PLATFORMS INC CLASS A (META) - 1.68%	TOTALENERGIES SE (TTE:XPAR) - 2.86%
#9	MICROSOFT CORP (MSFT) - 1.66%	RIO TINTO PLC ORDINARY SHARES (n/a) - 2.24%
#10	JOHNSON & JOHNSON (JNJ) - 1.65%	NEWMONT CORP (NEM) - 2.01%
#11	VISA INC CLASS A (V) - 1.64%	AGNICO EAGLE MINES LTD (AEM) - 1.90%
#12	ADVANCED MICRO DEVICES INC (AMD) - 1.62%	TYSON FOODS INC CLASS A (TSN) - 1.87%
#13	COSTCO WHOLESALE CORP (COST) - 1.43%	BP PLC (n/a) - 1.77%
#14	CISCO SYSTEMS INC (CSCO) - 1.24%	CF INDUSTRIES HOLDINGS INC (CF) - 1.70%
#15	MASTERCARD INC CLASS A (MA) - 1.22%	BUNGE GLOBAL SA (BG) - 1.69%
#16	LAM RESEARCH CORP (LRCX) - 1.22%	CONOCOPHILLIPS (COP) - 1.58%
#17	ABBVIE INC (ABBV) - 1.15%	CANADIAN NATURAL RESOURCES LTD (CNQ) - 1.46%
#18	APPLIED MATERIALS INC (AMAT) - 1.14%	GLENCORE PLC (n/a) - 1.45%
#19	PROCTER & GAMBLE CO (PG) - 1.12%	INDUSTRIES QATAR QSC (n/a) - 1.45%
#20	GE VERNOVA INC (GEV) - 1.08%	FREEPORT-MCMORAN INC (FCX) - 1.42%
#21	ROSS STORES INC (ROST) - 0.40%	MOWI ASA (n/a) - 1.39%
#22	O'REILLY AUTOMOTIVE INC (ORLY) - 0.39%	BARRICK MINING CORP (n/a) - 1.35%
#23	PROGRESSIVE CORP (PGR) - 0.38%	YARA INTERNATIONAL ASA (n/a) - 1.31%
#24	ILLINOIS TOOL WORKS INC (ITW) - 0.38%	SUNCOR ENERGY INC (SU) - 1.30%
#25	MARSH (MRSH) - 0.38%	VALE SA (n/a) - 1.22%
Total Holdings	254	168

JQUA vs GUNR - Historical Returns

Returns include dividend reinvestment.

Period	JQUA	GUNR
1 month	+6.60%	-0.04%
3 months	+6.95%	+5.22%
6 months	+10.21%	+26.75%
1 year	+17.29%	+47.06%
5 years(CAGR)	+13.34%	+11.17%
10 years(CAGR)	+14.26%	+11.83%
Max(CAGR)	+14.26%	+6.74%

Winner

JQUA

+6.60%

GUNR

-0.04%

Winner

JQUA

+6.95%

GUNR

+5.22%

JQUA

+10.21%

Winner

GUNR

+26.75%

JQUA

+17.29%

Winner

GUNR

+47.06%

5Y(CAGR)

Winner

JQUA

+13.34%

GUNR

+11.17%

10Y(CAGR)

Winner

JQUA

+14.26%

GUNR

+11.83%

Max(CAGR)

Winner

JQUA

+14.26%

GUNR

+6.74%

JQUA vs GUNR - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	JQUA	GUNR
2026	+8.06%	+20.38%
2025	+12.00%	+29.00%
2024	+21.92%	-8.48%
2023	+25.36%	-0.79%
2022	-13.11%	+14.22%
2021	+30.71%	+23.80%
2020	+15.70%	+0.09%
2019	+28.30%	+18.20%
2018	-2.96%	-11.09%
2017	+5.07%	+17.38%
2016	N/A	+32.10%
2015	N/A	-24.58%
2014	N/A	-7.45%
2013	N/A	-3.62%
2012	N/A	+4.44%
2011	N/A	+0.55%

JQUA vs GUNR Drawdown Comparison

The maximum drawdown for JQUA was -32.92%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

The maximum drawdown for GUNR was -45.72%, occurring on Jan 20, 2016. Recovery took 868 trading sessions.

The current JQUA drawdown is -0.45%. The current GUNR drawdown is -0.04%.

Rank	JQUA	GUNR
#1	-32.92% Feb 19, 2020 - Aug 12, 2020	-45.72% Jul 24, 2014 - Jan 3, 2018
#2	-22.47% Dec 29, 2021 - Jul 13, 2023	-43.04% Jan 2, 2020 - Dec 4, 2020
#3	-17.07% Sep 21, 2018 - Mar 21, 2019	-24.02% Apr 18, 2022 - Sep 11, 2025
#4	-16.81% Feb 18, 2025 - Jul 3, 2025	-18.56% May 21, 2018 - Dec 26, 2019
#5	-9.67% Jan 26, 2018 - Aug 9, 2018	-17.58% Feb 27, 2012 - Jan 29, 2013
#6	-8.78% Jul 31, 2023 - Nov 20, 2023	-15.68% Jan 29, 2013 - May 7, 2014
#7	-8.22% Sep 2, 2020 - Nov 11, 2020	-13.93% Oct 28, 2011 - Jan 27, 2012
#8	-7.13% Jan 27, 2026 - Apr 15, 2026	-11.23% Jun 2, 2021 - Oct 20, 2021
#9	-6.32% Jul 16, 2024 - Aug 19, 2024	-10.30% Sep 22, 2011 - Oct 12, 2011
#10	-5.88% Apr 30, 2019 - Jun 19, 2019	-10.19% Jan 26, 2018 - May 16, 2018
#11	-5.84% Mar 21, 2024 - Jun 17, 2024	-7.43% Jan 14, 2021 - Feb 16, 2021
#12	-5.82% Sep 3, 2021 - Oct 25, 2021	-7.09% Oct 20, 2021 - Dec 27, 2021
#13	-5.52% Jul 26, 2019 - Oct 28, 2019	-6.80% Mar 2, 2026 - Apr 7, 2026
#14	-5.48% Dec 6, 2024 - Feb 5, 2025	-5.92% Mar 12, 2021 - Apr 15, 2021
#15	-5.36% Oct 27, 2025 - Dec 10, 2025	-4.61% Mar 10, 2022 - Mar 21, 2022

Correlation

Correlation between JQUA and GUNR is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2011 - 2026)

JQUA vs GUNR dividend yield comparison.

Year	JQUA	GUNR
2026	0.26%	0.35%
2025	1.19%	2.81%
2024	1.24%	3.39%
2023	1.22%	3.55%
2022	1.60%	4.12%
2021	1.32%	3.61%
2020	1.44%	2.79%
2019	1.67%	3.25%
2018	2.10%	3.27%
2017	0.40%	2.00%
2016	0.00%	1.73%
2015	0.00%	4.50%
2014	0.00%	2.80%
2013	0.00%	2.03%
2012	0.00%	1.03%
2011	0.00%	0.54%