IVV vs JGLO
iShares Core S&P 500 ETF vs JPMorgan Global Select Equity ETF
Which is better, IVV or JGLO?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 40.5%.
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 | IVV | JGLO |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.47% |
| AUM | $886.7B | $6.7B |
| Dividend Yield | 1.10% | 1.13% |
| Holdings | 508 | 90 |
| YTD Return | +13.39%Best | +8.57% |
| 1Y Return | +20.08%Best | +12.39% |
| 3Y Return (annualized) | +21.29%Best | +16.47% |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 12.4% | 10.9%Best |
| Max Drawdown | -18.8% | -16.1%Best |
| $10,000 over 3 years | $17,883Best | $15,799 |
| Top 10 Weight | 37.9%Best | 40.5% |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Sep 13, 2023 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 14, 2023 to Sep 4, 2026 (3 years).
IVV vs JGLO 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 years both funds cover.
IVV vs JGLO Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and JPMorgan Global Select Equity ETF (JGLO) is an ETF from J.P. Morgan Asset Management. Over the past year IVV returned +20.08% while JGLO returned +12.39%. Year to date, IVV is up 13.39% versus a gain of 8.57% for JGLO.
Over three years, IVV compounded at +21.29% per year against +16.47% for JGLO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 10.9% for JGLO. 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 IVV and -16.1% for JGLO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 JGLO charges 0.47%. On a $10,000 position that is $3 vs $47 annually, a gap of $44 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.13% for JGLO.
Holdings Overlap
46.4% of IVV's money is in holdings JGLO also owns. 70.3% of JGLO's money is in holdings IVV also owns.
Most of JGLO is already inside IVV. Owning both mostly buys the same companies twice.
45 positions in common, counted across the 504 positions we hold weights for in IVV and 77 in JGLO, against full books of 508 and 90.
What only one of them owns
Our book lists 4 positions for JGLO that do not appear in our book for IVV (3.8% of the fund), and 448 for IVV that do not appear in JGLO (52.8%).
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 IVV | Weight in JGLO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 7.95% | 0.03% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 6.14% | 0.70% |
| AAPLApple Inc Ord | 6.86% | 3.29% | 3.57% |
| AMZNAmazon.Com Inc | 4.01% | 5.07% | 1.06% |
| GOOGL Alphabet Inc. Class A | 3.19% | 4.12% | 0.93% |
| AVGOBroadcom Inc | 2.98% | 1.36% | 1.62% |
| MAMastercard Inc | 0.69% | 3.22% | 2.53% |
| METAMeta Platform Inc | 1.94% | 1.79% | 0.15% |
| JNJJohnson & Johnson - Common | 0.93% | 2.74% | 1.81% |
| NEENextera Energy Inc | 0.27% | 2.49% | 2.22% |
70.3% of JGLO is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or JGLO?
IVV has an expense ratio of 0.03% while JGLO charges 0.47%. IVV is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, IVV or JGLO?
Over the past year IVV returned +20.08% vs +12.39% for JGLO, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JGLO?
IVV has been the more volatile fund at 12.4% annualized versus 10.9% for JGLO. Worst drawdown: IVV -18.8% vs JGLO -16.1%.
Should I hold both IVV and JGLO?
IVV and JGLO have a monthly-return correlation of 0.95, 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 IVV and JGLO?
70.3% of JGLO's money is in holdings IVV also owns. 70.3% of JGLO's is in holdings IVV also owns. They hold 45 positions in common, counted across the 504 positions we hold weights for in IVV and 77 in JGLO.
Which pays a higher dividend, IVV or JGLO?
IVV yields 1.10% while JGLO yields 1.13%, so JGLO currently pays the higher dividend yield.
Is JGLO better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 40.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.