XSW vs JPME

Comparison between STATE STREET(R) SPDR(R) S&P(R) SOFTWARE & SERVICES ETF (XSW, ETF) and JPMORGAN DIVERSIFIED RETURN U.S. MID CAP EQUITY ETF (JPME, ETF).

5-Year PerformanceJPME has outperformed XSW, delivering a return of +9.1% compared to -0.7%

XSW vs JPME - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XSW(ETF)	JPME(ETF)
Net Assets	$444M	$445M
Expense Ratio	0.35%	0.24%
Max Drawdown	45.41%	41.01%
Sharpe Ratio	-0.41	1.37
5Y Beta	1.26	0.73
P/E Ratio	-114.39	22.51
Forward P/E	14.64	15.55
5Y Dividends CAGR	-10.61%	13.97%
5Y EPS CAGR	N/A	12.52%
Debt to Equity	35.11%	49.42%
P/S Ratio	2.36	1.41
P/B Ratio	3.53	2.48

Net Assets

XSW

$444M

Winner

JPME

$445M

Expense Ratio

XSW

0.35%

Winner

JPME

0.24%

Max Drawdown

XSW

45.41%

Winner

JPME

41.01%

Sharpe Ratio

XSW

-0.41

Winner

JPME

1.37

5Y Beta

XSW

1.26

Winner

JPME

0.73

P/E Ratio

Winner

XSW

-114.39

JPME

22.51

Forward P/E

Winner

XSW

14.64

JPME

15.55

5Y Dividends CAGR

XSW

-10.61%

Winner

JPME

13.97%

5Y EPS CAGR

XSW

N/A

JPME

12.52%

Debt to Equity

Winner

XSW

35.11%

JPME

49.42%

P/S Ratio

XSW

2.36

Winner

JPME

1.41

P/B Ratio

XSW

3.53

Winner

JPME

2.48

XSW vs JPME - Holdings Comparison

XSW and JPME have 10 common holdings. Overlap is 1.26%

XSW's top 25 holdings weight is 27.46%. JPME's top 25 holdings weight is 13.41%.

Rank	XSW	JPME
#1	HUT 8 CORP (HUT) - 1.62%	WESTERN DIGITAL CORP (WDC) - 0.76%
#2	ARTERIS INC (AIP) - 1.51%	HEWLETT PACKARD ENTERPRISE CO (HPE) - 0.65%
#3	DIGITAL TURBINE INC (APPS) - 1.41%	DEVON ENERGY CORP (DVN) - 0.64%
#4	DATADOG INC CLASS A (DDOG) - 1.32%	TD SYNNEX CORP (SNX) - 0.61%
#5	CIPHER DIGITAL INC (CIFR) - 1.16%	LUMENTUM HOLDINGS INC (LITE) - 0.58%
#6	CERENCE INC ORDINARY SHARES (CRNC) - 1.16%	IRIDIUM COMMUNICATIONS INC (IRDM) - 0.58%
#7	RIOT PLATFORMS INC (RIOT) - 1.15%	STEEL DYNAMICS INC (STLD) - 0.56%
#8	CLEANSPARK INC (CLSK) - 1.12%	CIENA CORP (CIEN) - 0.56%
#9	PALO ALTO NETWORKS INC (PANW) - 1.12%	JABIL INC (JBL) - 0.56%
#10	FORTINET INC (FTNT) - 1.11%	MONOLITHIC POWER SYSTEMS INC (MPWR) - 0.55%
#11	n/a (CORZ) - 1.09%	FLEX LTD (FLEX) - 0.54%
#12	CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 1.08%	CORNING INC (GLW) - 0.52%
#13	AURORA INNOVATION INC CLASS A (AUR) - 1.08%	CASEY'S GENERAL STORES INC (CASY) - 0.52%
#14	TERAWULF INC (WULF) - 1.08%	THE TIMKEN CO (TKR) - 0.51%
#15	MARA HOLDINGS INC (MARA) - 1.04%	CARPENTER TECHNOLOGY CORP (CRS) - 0.51%
#16	D-WAVE QUANTUM INC (QBTS) - 0.99%	ELEMENT SOLUTIONS INC (ESI) - 0.49%
#17	A10 NETWORKS INC (ATEN) - 0.97%	MILLICOM INTERNATIONAL CELLULAR SA (TIGO) - 0.49%
#18	UNITY SOFTWARE INC ORDINARY SHARES (U) - 0.96%	NUCOR CORP (NUE) - 0.49%
#19	COMMVAULT SYSTEMS INC (CVLT) - 0.94%	JAZZ PHARMACEUTICALS PLC (JAZZ) - 0.48%
#20	TENABLE HOLDINGS INC (TENB) - 0.94%	TERADYNE INC (TER) - 0.48%
#21	VARONIS SYSTEMS INC (VRNS) - 0.93%	DAVITA INC (DVA) - 0.48%
#22	ORACLE CORP (ORCL) - 0.93%	HOST HOTELS & RESORTS INC (HST) - 0.47%
#23	FIVE9 INC (FIVN) - 0.93%	QUANTA SERVICES INC (PWR) - 0.46%
#24	ZOOM COMMUNICATIONS INC (ZM) - 0.92%	ROYALTY PHARMA PLC CLASS A (RPRX) - 0.46%
#25	NUTANIX INC CLASS A (NTNX) - 0.90%	ARCHER-DANIELS-MIDLAND CO (ADM) - 0.46%
Total Holdings	137	356

XSW vs JPME - Historical Returns

Returns include dividend reinvestment.

Period	XSW	JPME
1 month	+1.70%	+2.80%
3 months	+7.16%	+6.81%
6 months	-13.48%	+13.10%
1 year	-10.69%	+22.54%
5 years(CAGR)	-0.72%	+9.05%
10 years(CAGR)	+12.65%	+11.08%
Max(CAGR)	+14.39%	+11.23%

XSW

+1.70%

Winner

JPME

+2.80%

Winner

XSW

+7.16%

JPME

+6.81%

XSW

-13.48%

Winner

JPME

+13.10%

XSW

-10.69%

Winner

JPME

+22.54%

5Y(CAGR)

XSW

-0.72%

Winner

JPME

+9.05%

10Y(CAGR)

Winner

XSW

+12.65%

JPME

+11.08%

Max(CAGR)

Winner

XSW

+14.39%

JPME

+11.23%

XSW vs JPME - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	XSW	JPME
2026	-11.68%	+12.01%
2025	-1.16%	+8.39%
2024	+29.32%	+13.32%
2023	+38.62%	+11.82%
2022	-34.54%	-9.80%
2021	+9.73%	+30.73%
2020	+50.39%	+8.62%
2019	+35.90%	+25.84%
2018	+7.47%	-9.19%
2017	+27.51%	+18.60%
2016	+12.67%	+10.30%
2015	+10.00%	N/A
2014	+6.95%	N/A
2013	+44.43%	N/A
2012	+13.85%	N/A
2011	+13.75%	N/A

XSW vs JPME Drawdown Comparison

The maximum drawdown for XSW was -45.38%, occurring on Nov 9, 2022. Recovery took 755 trading sessions.

The maximum drawdown for JPME was -41.01%, occurring on Mar 23, 2020. Recovery took 210 trading sessions.

The current XSW drawdown is -20.93%. The current JPME drawdown is -1.93%.

Rank	XSW	JPME
#1	-45.38% Nov 9, 2021 - Nov 11, 2024	-41.01% Jan 17, 2020 - Nov 16, 2020
#2	-37.82% Feb 19, 2020 - Jun 23, 2020	-19.91% Aug 29, 2018 - Jul 3, 2019
#3	-33.75% Sep 22, 2025 - Apr 10, 2026	-19.30% Jan 4, 2022 - Dec 26, 2023
#4	-30.79% Dec 6, 2024 - Sep 22, 2025	-18.70% Nov 29, 2024 - Sep 11, 2025
#5	-24.69% Jun 23, 2015 - Jul 12, 2016	-7.57% Jan 26, 2018 - Jul 19, 2018
#6	-24.20% Sep 14, 2018 - Feb 25, 2019	-6.84% Mar 2, 2026 - Apr 17, 2026
#7	-16.73% Mar 5, 2014 - Dec 19, 2014	-6.58% Nov 16, 2021 - Dec 27, 2021
#8	-14.60% Feb 12, 2021 - Aug 27, 2021	-6.56% Jul 26, 2019 - Nov 1, 2019
#9	-12.81% Mar 27, 2012 - Sep 7, 2012	-6.51% Mar 28, 2024 - Jul 16, 2024
#10	-11.35% Sep 14, 2012 - Jan 11, 2013	-5.27% Jun 8, 2016 - Jul 12, 2016
#11	-10.81% Sep 2, 2020 - Oct 12, 2020	-5.26% Aug 23, 2016 - Nov 21, 2016
#12	-10.50% Jul 26, 2019 - Nov 26, 2019	-5.09% Jul 31, 2024 - Aug 19, 2024
#13	-10.22% Oct 27, 2011 - Jan 24, 2012	-4.85% Sep 2, 2021 - Oct 20, 2021
#14	-9.11% Apr 30, 2019 - Jul 10, 2019	-4.58% Jan 20, 2021 - Feb 8, 2021
#15	-9.02% Oct 13, 2020 - Nov 16, 2020	-4.42% Sep 11, 2025 - Nov 26, 2025

Correlation

Correlation between XSW and JPME is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2011 - 2026)

XSW vs JPME dividend yield comparison.

Year	XSW	JPME
2026	0.00%	0.32%
2025	0.06%	2.03%
2024	0.07%	1.77%
2023	0.20%	1.84%
2022	0.09%	1.84%
2021	0.13%	1.44%
2020	0.26%	1.51%
2019	0.12%	1.68%
2018	0.31%	1.80%
2017	0.46%	1.17%
2016	0.87%	0.91%
2015	0.54%	0.00%
2014	0.53%	0.00%
2013	2.07%	0.00%
2012	3.64%	0.00%
2011	0.06%	0.00%