IVV vs JANM
iShares Core S&P 500 ETF vs FT Vest US Equity Max Buffer ETF - January
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | JANM | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.85% | |
| AUM | $865.2B | $36M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 5 | |
| YTD Return | +14.50% | +3.72% | |
| 1Y Return | +22.02% | +6.60% | |
| 3Y Return (annualized) | +21.80% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.1% | 2.6% | |
| Max Drawdown | -56.5% | -2.8% | |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jan 17, 2025 |
IVV vs JANM Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and FT Vest US Equity Max Buffer ETF - January (JANM) is a ETF from First Trust Portfolios (US). Over the past year IVV returned +22.02% while JANM returned +6.60%. Year to date, IVV is up 14.50% versus a gain of 3.72% for JANM.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 2.6% for JANM. 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 -56.5% for IVV and -2.8% for JANM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while JANM charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for JANM.
Holdings Overlap
IVV and JANM share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or JANM?
IVV has an expense ratio of 0.03% while JANM charges 0.85%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, IVV or JANM?
Over the past year IVV returned +22.02% vs +6.60% for JANM, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.07% vs +6.14% for JANM. Past performance does not guarantee future results.
Which is riskier, IVV or JANM?
IVV has been the more volatile fund at 15.1% annualized versus 2.6% for JANM. Worst drawdown: IVV -56.5% vs JANM -2.8%.
Should I hold both IVV and JANM?
IVV and JANM have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and JANM?
IVV and JANM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or JANM?
IVV yields 1.09% while JANM yields 0.00%, so IVV currently pays the higher dividend yield.
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