HIDV vs JPEF
AB US High Dividend ETF vs JPMorgan Equity Focus ETF
Which is better, HIDV or JPEF?
HIDV has been ahead.
HIDV has a lower expense ratio. HIDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. HIDV is less concentrated, with 34.8% of the fund in its ten largest positions against 45.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HIDV | JPEF |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.44% |
| AUM | $200M | $2.0B |
| Dividend Yield | 2.23% | 0.64% |
| Holdings | 108 | 84 |
| YTD Return | +12.98%Best | +11.08% |
| 1Y Return | +18.40%Best | +12.89% |
| 3Y Return (annualized) | +21.53%Best | +20.14% |
| Volatility (annualized) | 12.5% | 12.3%Best |
| Max Drawdown | -18.8% | -18.1%Best |
| $10,000 over 3.2 years | $17,136Best | $16,832 |
| Top 10 Weight | 34.8%Best | 45.4% |
| Fund Family | AllianceBernstein L.P. | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 22, 2023 | Mar 10, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 31, 2023 to Oct 13, 2026 (3.2 years).
HIDV vs JPEF growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
HIDV vs JPEF Performance
AB US High Dividend ETF (HIDV) is an ETF from AllianceBernstein L.P. and JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management. Over the past year HIDV returned +18.40% while JPEF returned +12.89%. Year to date, HIDV is up 12.98% versus a gain of 11.08% for JPEF.
Over three years, HIDV compounded at +21.53% per year against +20.14% for JPEF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIDV has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 12.3% for JPEF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.8% for HIDV and -18.1% for JPEF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HIDV charges 0.35% per year while JPEF charges 0.44%. On a $10,000 position that is $35 vs $44 annually, a gap of $9 per year that compounds over a long holding period. On income, HIDV currently yields 2.23% against 0.64% for JPEF.
Holdings Overlap
34.2% of HIDV's money is in holdings JPEF also owns. 52.5% of JPEF's money is in holdings HIDV also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 105 positions we hold weights for in HIDV and 41 in JPEF, against full books of 108 and 84.
What only one of them owns
Our book lists 26 positions for JPEF that do not appear in our book for HIDV (45.2% of the fund), and 85 for HIDV that do not appear in JPEF (62.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in HIDV | Weight in JPEF | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.04% | 8.92% | 0.88% |
| AAPLApple, Inc | 6.84% | 5.73% | 1.11% |
| MSFTMicrosoft Corp | 4.88% | 5.01% | 0.13% |
| GOOGAlphabet Inc. C | 1.62% | 6.47% | 4.85% |
| AMZNAmazon.Com Inc | 3.03% | 4.61% | 1.58% |
| MUMicron Technology, Inc. | 2.57% | 2.14% | 0.43% |
| AVGOBroadcom Inc | 1.92% | 2.77% | 0.85% |
| MSMorgan Stanley | 1.19% | 3.08% | 1.89% |
| METAMeta Platforms Inc | 1.36% | 2.18% | 0.82% |
| JNJJohnson & Johnson - Common | 0.14% | 3.28% | 3.14% |
52.5% of JPEF is already inside HIDV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, HIDV or JPEF?
HIDV has an expense ratio of 0.35% while JPEF charges 0.44%. HIDV is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, HIDV or JPEF?
Over the past year HIDV returned +18.40% vs +12.89% for JPEF, so HIDV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HIDV or JPEF?
HIDV has been the more volatile fund at 12.5% annualized versus 12.3% for JPEF. Worst drawdown: HIDV -18.8% vs JPEF -18.1%.
Should I hold both HIDV and JPEF?
HIDV and JPEF have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between HIDV and JPEF?
52.5% of JPEF's money is in holdings HIDV also owns. 52.5% of JPEF's is in holdings HIDV also owns. They hold 14 positions in common, counted across the 105 positions we hold weights for in HIDV and 41 in JPEF.
Which pays a higher dividend, HIDV or JPEF?
HIDV yields 2.23% while JPEF yields 0.64%, so HIDV currently pays the higher dividend yield.
Is JPEF better than HIDV?
HIDV has a lower expense ratio. HIDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. HIDV is less concentrated, with 34.8% of the fund in its ten largest positions against 45.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.