IVV vs JMID
iShares Core S&P 500 ETF vs Janus Henderson Mid Cap Growth Alpha ETF
Which is better, IVV or JMID?
Large Cap Blend against Mid Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y and the full window. JMID is less concentrated, with 23.9% of the fund in its ten largest positions against 37.8%.
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 | JMID |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.30% |
| AUM | $876.4B | $22M |
| Dividend Yield | 1.06% | 0.56% |
| Holdings | 508 | 94 |
| YTD Return | +13.85%Best | +7.82% |
| 1Y Return | +18.57%Best | +6.28% |
| 3Y Return (annualized) | +23.50% | - |
| 5Y Return (annualized) | +13.34% | - |
| Volatility (annualized) | 12.6%Best | 17.5% |
| Max Drawdown | -18.8%Best | -25.4% |
| $10,000 over 2 years | $14,078Best | $12,787 |
| Top 10 Weight | 37.8% | 23.9%Best |
| Fund Family | iShares by BlackRock (US) | Janus Henderson Investors |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | May 15, 2000 | Sep 17, 2024 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 18, 2024 to Sep 25, 2026 (2 years).
IVV vs JMID 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 2 years both funds cover.
IVV vs JMID Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Janus Henderson Mid Cap Growth Alpha ETF (JMID) is an ETF from Janus Henderson Investors. Over the past year IVV returned +18.57% while JMID returned +6.28%. Year to date, IVV is up 13.85% versus a gain of 7.82% for JMID.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JMID has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 12.6% for IVV. 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 -25.4% for JMID. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while JMID charges 0.30%. On a $10,000 position that is $3 vs $30 annually, a gap of $27 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.56% for JMID.
Holdings Overlap
2.3% of IVV's money is in holdings JMID also owns. 48.2% of JMID's money is in holdings IVV also owns.
The two portfolios partly overlap.
36 positions in common, counted across the 490 positions we hold weights for in IVV and 93 in JMID, against full books of 508 and 94.
What only one of them owns
Our book lists 53 positions for JMID that do not appear in our book for IVV (47.1% of the fund), and 446 for IVV that do not appear in JMID (96.4%).
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 JMID | Difference |
|---|---|---|---|
| DXCMDexcom Inc. | 0.05% | 2.85% | 2.80% |
| FIXComfort Systems USA Inc. | 0.08% | 2.59% | 2.51% |
| EXPEExpedia Group Inc (consumer Discretionary) | 0.05% | 2.59% | 2.54% |
| LITELumentum Holdings Inc | 0.11% | 2.25% | 2.14% |
| TERTeradyne Inc - Common | 0.08% | 2.28% | 2.20% |
| NTAPNetapp Inc | 0.06% | 2.11% | 2.05% |
| GDDYGodaddy Inc. Class A | 0.02% | 2.10% | 2.08% |
| DDOGDatadog Inc | 0.12% | 1.96% | 1.84% |
| ITGartner Inc. | 0.02% | 2.06% | 2.04% |
| WDAYWorkday, Inc., Class A | 0.06% | 1.96% | 1.90% |
48.2% of JMID 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 JMID?
IVV has an expense ratio of 0.03% while JMID charges 0.30%. IVV is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, IVV or JMID?
Over the past year IVV returned +18.57% vs +6.28% for JMID, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +18.65% vs +13.08% for JMID. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JMID?
JMID has been the more volatile fund at 17.5% annualized versus 12.6% for IVV. Worst drawdown: IVV -18.8% vs JMID -25.4%.
Should I hold both IVV and JMID?
IVV and JMID have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and JMID?
48.2% of JMID's money is in holdings IVV also owns. 48.2% of JMID's is in holdings IVV also owns. They hold 36 positions in common, counted across the 490 positions we hold weights for in IVV and 93 in JMID.
Which pays a higher dividend, IVV or JMID?
IVV yields 1.06% while JMID yields 0.56%, so IVV currently pays the higher dividend yield.
Is JMID better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. JMID is less concentrated, with 23.9% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.