IVV vs JMOM
iShares Core S&P 500 ETF vs JPMorgan US Momentum Factor ETF
Which is better, IVV or JMOM?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. JMOM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. JMOM is less concentrated, with 19.2% of the fund in its ten largest positions against 38.1%.
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 | JMOM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.12% |
| AUM | $882.6B | $2.8B |
| Dividend Yield | 1.06% | 0.74% |
| Holdings | 508 | 594 |
| YTD Return | +14.90% | +24.49%Best |
| 1Y Return | +17.30% | +26.22%Best |
| 3Y Return (annualized) | +23.04% | +28.05%Best |
| 5Y Return (annualized) | +13.97% | +15.25%Best |
| Volatility (annualized) | 16.2%Best | 17.4% |
| Max Drawdown | -33.9%Best | -34.3% |
| $10,000 over 5 years | $19,229 | $20,333Best |
| Top 10 Weight | 38.1% | 19.2%Best |
| 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 | Nov 8, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Nov 9, 2017 to Oct 9, 2026 (8.9 years).
IVV vs JMOM 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 8.9 years both funds cover.
IVV vs JMOM Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and JPMorgan US Momentum Factor ETF (JMOM) is an ETF from J.P. Morgan Asset Management. Over the past year IVV returned +17.30% while JMOM returned +26.22%. Year to date, IVV is up 14.90% versus a gain of 24.49% for JMOM.
Over three years, IVV compounded at +23.04% per year against +28.05% for JMOM; over five years the annualized figures are +13.97% and +15.25% respectively. Across the full 9-year window we track, JMOM has the edge at +15.52% annualized vs +14.16%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JMOM has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 16.2% 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 -33.9% for IVV and -34.3% for JMOM. 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 JMOM charges 0.12%. On a $10,000 position that is $3 vs $12 annually, a gap of $9 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.74% for JMOM.
Holdings Overlap
63.6% of IVV's money is in holdings JMOM also owns. 75.0% of JMOM's money is in holdings IVV also owns.
Most of JMOM is already inside IVV. Owning both mostly buys the same companies twice.
151 positions in common, counted across the 505 positions we hold weights for in IVV and 288 in JMOM, against full books of 508 and 594.
What only one of them owns
Our book lists 121 positions for JMOM that do not appear in our book for IVV (21.0% of the fund), and 345 for IVV that do not appear in JMOM (35.7%).
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 JMOM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.00% | 2.09% | 5.91% |
| AAPLApple, Inc | 7.39% | 2.19% | 5.20% |
| MSFTMicrosoft Corp | 5.57% | 2.13% | 3.44% |
| GOOGLAlphabet Inc,class A | 3.00% | 1.98% | 1.02% |
| AVGOBroadcom Inc | 2.59% | 1.84% | 0.75% |
| AMZNAmazon.Com Inc | 3.80% | 0.58% | 3.22% |
| METAMeta Platforms Inc | 2.15% | 1.85% | 0.30% |
| MUMicron Technology, Inc. | 1.66% | 1.92% | 0.26% |
| AMDAdvanced Micro Devices Inc | 1.27% | 1.97% | 0.70% |
| JNJJohnson & Johnson - Common | 0.97% | 1.95% | 0.98% |
75.0% of JMOM 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 JMOM?
IVV has an expense ratio of 0.03% while JMOM charges 0.12%. IVV is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, IVV or JMOM?
Over the past year IVV returned +17.30% vs +26.22% for JMOM, so JMOM leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +14.16% vs +15.52% for JMOM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JMOM?
JMOM has been the more volatile fund at 17.4% annualized versus 16.2% for IVV. Worst drawdown: IVV -33.9% vs JMOM -34.3%.
Should I hold both IVV and JMOM?
IVV and JMOM 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 JMOM?
75.0% of JMOM's money is in holdings IVV also owns. 75.0% of JMOM's is in holdings IVV also owns. They hold 151 positions in common, counted across the 505 positions we hold weights for in IVV and 288 in JMOM.
Which pays a higher dividend, IVV or JMOM?
IVV yields 1.06% while JMOM yields 0.74%, so IVV currently pays the higher dividend yield.
Is JMOM better than IVV?
IVV has a lower expense ratio. JMOM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. JMOM is less concentrated, with 19.2% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.