IVV vs JMHI
iShares Core S&P 500 ETF vs JPMorgan High Yield Municipal ETF
Which is better, IVV or JMHI?
Large Cap Blend against Municipal Bond.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
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 | JMHI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $876.4B | $290M |
| Dividend Yield | 1.06% | 4.51% |
| Holdings | 508 | 242 |
| YTD Return | +12.51%Best | -0.89% |
| 1Y Return | +17.57%Best | +0.39% |
| 3Y Return (annualized) | +21.27%Best | +4.61% |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 12.8% | 5.7%Best |
| Max Drawdown | -18.8% | -7.1%Best |
| $10,000 over 3.2 years | $17,784Best | $11,167 |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management |
| Category | Equity | Tax Preferred |
| Style | Large Cap Blend | Municipal Bond |
| Inception | May 15, 2000 | Jul 14, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 17, 2023 to Sep 11, 2026 (3.2 years).
IVV vs JMHI 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.
IVV vs JMHI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and JPMorgan High Yield Municipal ETF (JMHI) is an ETF from J.P. Morgan Asset Management. Over the past year IVV returned +17.57% while JMHI returned +0.39%. Year to date, IVV is up 12.51% versus a loss of 0.89% for JMHI.
Over three years, IVV compounded at +21.27% per year against +4.61% for JMHI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 5.7% for JMHI. 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 -7.1% for JMHI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while JMHI charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.51% for JMHI.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 1 in JMHI, totalling 100.0% and 7.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 1 in JMHI, against full books of 508 and 242.
You are not choosing between two funds in isolation.
Whichever of IVV and JMHI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or JMHI?
IVV has an expense ratio of 0.03% while JMHI charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IVV or JMHI?
Over the past year IVV returned +17.57% vs +0.39% for JMHI, 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 JMHI?
IVV has been the more volatile fund at 12.8% annualized versus 5.7% for JMHI. Worst drawdown: IVV -18.8% vs JMHI -7.1%.
Should I hold both IVV and JMHI?
IVV and JMHI have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or JMHI?
IVV yields 1.06% while JMHI yields 4.51%, so JMHI currently pays the higher dividend yield.
Is JMHI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.