VS
JPMorgan US Value Active ETF (JAVA) and Manulife Smart U.S. Defensive Equity ETF (UDEF.B) offer distinct profiles for Canadian ETF investors. A direct comparison shows that JAVA focuses its top 3 sector exposures on Finance, Technology, and Healthcare, while UDEF.B leans towards Technology, Finance, and Healthcare. When evaluating costs, JAVA features a management fee (MER) of 0.44%, compared to 0.28% for UDEF.B. Performance-wise, JAVA has returned 17.07% year-to-date with +$97 M in net flows, whereas UDEF.B is at 14.23% with -$0 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
JAVA
UDEF.B
| AuM | $117.30 M | $3.44 M |
| Management Fees | 0.44% | 0.28% |
| Exp. ratio | 0.44% | 0.32% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | JAVA | +0.45% | +6.76% | +17.07% | +24.03% | - |
UDEF.B | -2.37% | +3.73% | +14.23% | +17.40% | +50.47% | |
| Flows | JAVA | +$0 M | +$82 M | +$97 M | +$101 M | - |
UDEF.B | +$0 M | +$0 M | -$0 M | +$0 M | -$0 M |
JAVA vs UDEF.B exposure
Countries
JAVA
USA
95.72%
UDEF.B
USA
94.86%
Sectors
JAVA
Finance
24.14%
Technology
18.82%
Healthcare
13.50%
Consumer Non-Cyclicals
12.64%
Industrials
8.77%
Other
22.12%
UDEF.B
Technology
31.86%
Finance
18.33%
Healthcare
12.96%
Industrials
10.49%
Consumer Non-Cyclicals
7.10%
Other
19.25%
As of September 3, 2026
Top 10 Holdings
JAVA
Amazon.com, Inc.
7.18%
Microsoft Corp.
5.47%
Apple, Inc.
3.02%
Bank of America Corp.
2.62%
Wells Fargo & Co.
2.41%
Meta Platforms, Inc.
1.61%
AbbVie, Inc.
1.55%
Berkshire Hathaway, Inc.
1.51%
The Charles Schwab Corp.
1.46%
The Walt Disney Co.
1.43%
UDEF.B
Fortinet, Inc.
2.49%
Cisco Systems, Inc.
2.21%
JPMorgan Chase & Co.
2.19%
Amphenol Corp.
2.17%
Applied Materials, Inc.
2.11%
Microsoft Corp.
2.11%
Visa, Inc.
2.04%
Bank of America Corp.
2.03%
Johnson & Johnson
2.01%
Apple, Inc.
1.97%
Diversification
JAVA
Total weight of top 10 holdings out of 153 total
28.26%
UDEF.B
Total weight of top 10 holdings out of 173 total
21.35%
Characteristics
Compare
JAVA
UDEF.B
| Provider | J.P. Morgan Asset Management | Manulife Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.67% | 0.67% |
| Meets ESG criteria | No | No |
| Inception Date | March 19, 2025 | November 10, 2022 |
Frequently asked questions about JAVA and UDEF.B
Which ETF has performed better year to date: JAVA or UDEF.B?
As of September 3, 2026, JAVA has returned 17.07% year to date, while UDEF.B has returned 14.23%. JAVA is ahead on YTD performance.
Which ETF is larger by assets under management: JAVA or UDEF.B?
As of September 3, 2026, JAVA manages $117.30 M in assets, while UDEF.B manages $3.44 M. JAVA is the larger fund by AUM.
How are JAVA and UDEF.B managed?
JAVA is actively managed by J.P. Morgan Asset Management. It does not track an index. UDEF.B is actively managed by Manulife Investments. It does not track an index.
What sectors do JAVA and UDEF.B emphasize?
JAVA is most exposed to Finance, Technology, and Healthcare. UDEF.B is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: JAVA or UDEF.B?
Year to date, JAVA has seen +$96.64 M in net flows, compared with -$0.00 M for UDEF.B. JAVA has attracted more net investor money so far.
How do the fees of JAVA and UDEF.B compare?
JAVA has an expense ratio of 0.44%, while UDEF.B has an expense ratio of 0.32%.
What are the top holdings of JAVA and UDEF.B?
JAVA's largest holdings include Amazon.com, Inc., Microsoft Corp., and Apple, Inc.. UDEF.B's top holdings include Fortinet, Inc., Cisco Systems, Inc., and JPMorgan Chase & Co..
Which ETF is more diversified: JAVA or UDEF.B?
JAVA holds 153 securities, while UDEF.B holds 173. On holdings count, UDEF.B is the more diversified portfolio.
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