IVV vs JOYT
iShares Core S&P 500 ETF vs JPMorgan Equity and Options Total Return ETF
Which is better, IVV or JOYT?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 42.3%.
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 | JOYT |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $876.4B | $103M |
| Dividend Yield | 1.06% | 0.60% |
| Holdings | 508 | 118 |
| YTD Return | +12.39%Best | +8.91% |
| 1Y Return | +16.61%Best | +15.91% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.9% | 7.3%Best |
| Max Drawdown | -8.9% | -7.0%Best |
| $10,000 over 1.1 years | $12,113Best | $11,992 |
| Top 10 Weight | 37.8%Best | 42.3% |
| 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 | Aug 18, 2025 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 19, 2025 to Sep 18, 2026 (1.1 years).
IVV vs JOYT 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 1.1 years both funds cover.
IVV vs JOYT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and JPMorgan Equity and Options Total Return ETF (JOYT) is an ETF from J.P. Morgan Asset Management. Over the past year IVV returned +16.61% while JOYT returned +15.91%. Year to date, IVV is up 12.39% versus a gain of 8.91% for JOYT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 7.3% for JOYT. 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 -8.9% for IVV and -7.0% for JOYT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while JOYT 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 0.60% for JOYT.
Holdings Overlap
61.4% of IVV's money is in holdings JOYT also owns. 94.0% of JOYT's money is in holdings IVV also owns.
Most of JOYT is already inside IVV. Owning both mostly buys the same companies twice.
102 positions in common, counted across the 490 positions we hold weights for in IVV and 113 in JOYT, against full books of 508 and 118.
What only one of them owns
Our book lists 10 positions for JOYT that do not appear in our book for IVV (5.7% of the fund), and 381 for IVV that do not appear in JOYT (37.3%).
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 JOYT | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 8.76% | 0.69% |
| AAPLApple, Inc | 7.02% | 6.98% | 0.04% |
| MSFTMicrosoft Corp | 5.69% | 6.42% | 0.73% |
| AMZNAmazon.Com Inc | 3.84% | 4.29% | 0.45% |
| GOOGLAlphabet Inc,class A | 3.00% | 4.80% | 1.80% |
| AVGOBroadcom Inc | 2.65% | 2.43% | 0.22% |
| METAMeta Platforms Inc | 1.90% | 2.34% | 0.44% |
| MUMicron Technology, Inc. | 1.63% | 2.36% | 0.73% |
| TSLATesla Inc | 1.56% | 1.29% | 0.27% |
| XOMExxon Mobil Corp. | 1.01% | 1.83% | 0.82% |
94.0% of JOYT 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 JOYT?
IVV has an expense ratio of 0.03% while JOYT charges 0.35%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IVV or JOYT?
Over the past year IVV returned +16.61% vs +15.91% for JOYT, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +19.04% vs +17.96% for JOYT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JOYT?
IVV has been the more volatile fund at 12.9% annualized versus 7.3% for JOYT. Worst drawdown: IVV -8.9% vs JOYT -7.0%.
Should I hold both IVV and JOYT?
IVV and JOYT have a monthly-return correlation of 0.86, 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 JOYT?
94.0% of JOYT's money is in holdings IVV also owns. 94.0% of JOYT's is in holdings IVV also owns. They hold 102 positions in common, counted across the 490 positions we hold weights for in IVV and 113 in JOYT.
Which pays a higher dividend, IVV or JOYT?
IVV yields 1.06% while JOYT yields 0.60%, so IVV currently pays the higher dividend yield.
Is JOYT better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 42.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.