IVV vs JMSI
iShares Core S&P 500 ETF vs JPMorgan Sustainable Municipal Income ETF
Which is better, IVV or JMSI?
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 | JMSI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.18% |
| AUM | $876.4B | $386M |
| Dividend Yield | 1.06% | 3.74% |
| Holdings | 508 | 297 |
| YTD Return | +14.15%Best | -1.98% |
| 1Y Return | +17.31%Best | -0.61% |
| 3Y Return (annualized) | +23.17%Best | +3.33% |
| 5Y Return (annualized) | +13.85% | - |
| Volatility (annualized) | 12.7% | 4.8%Best |
| Max Drawdown | -18.8% | -4.6%Best |
| $10,000 over 3.2 years | $17,955Best | $10,802 |
| 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 21, 2026 (3.2 years).
IVV vs JMSI 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 JMSI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and JPMorgan Sustainable Municipal Income ETF (JMSI) is an ETF from J.P. Morgan Asset Management. Over the past year IVV returned +17.31% while JMSI returned -0.61%. Year to date, IVV is up 14.15% versus a loss of 1.98% for JMSI.
Over three years, IVV compounded at +23.17% per year against +3.33% for JMSI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 4.8% for JMSI. 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 -4.6% for JMSI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while JMSI charges 0.18%. On a $10,000 position that is $3 vs $18 annually, a gap of $15 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.74% for JMSI.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 12 in JMSI, totalling 99.3% and 3.4% 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 490 positions we hold weights for in IVV and 12 in JMSI, against full books of 508 and 297.
You are not choosing between two funds in isolation.
Whichever of IVV and JMSI 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 JMSI?
IVV has an expense ratio of 0.03% while JMSI charges 0.18%. IVV is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, IVV or JMSI?
Over the past year IVV returned +17.31% vs -0.61% for JMSI, 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 JMSI?
IVV has been the more volatile fund at 12.7% annualized versus 4.8% for JMSI. Worst drawdown: IVV -18.8% vs JMSI -4.6%.
Should I hold both IVV and JMSI?
IVV and JMSI have a monthly-return correlation of 0.67, 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 JMSI?
IVV yields 1.06% while JMSI yields 3.74%, so JMSI currently pays the higher dividend yield.
Is JMSI 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.