IVV vs JPAN
iShares Core S&P 500 ETF vs Matthews Japan Active ETF
Which is better, IVV or JPAN?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 3Y and the full window, JPAN over 1Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 38.2%.
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 | JPAN |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.79% |
| AUM | $876.4B | $10M |
| Dividend Yield | 1.06% | 4.47% |
| Holdings | 508 | 53 |
| YTD Return | +13.32% | +18.28%Best |
| 1Y Return | +17.08% | +22.76%Best |
| 3Y Return (annualized) | +22.72%Best | +22.27% |
| 5Y Return (annualized) | +13.20% | - |
| Volatility (annualized) | 12.4%Best | 14.7% |
| Max Drawdown | -18.8% | -15.2%Best |
| $10,000 over 3 years | $18,527Best | $18,257 |
| Top 10 Weight | 37.8%Best | 38.2% |
| Fund Family | iShares by BlackRock (US) | Matthews Asia Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Sep 21, 2023 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 22, 2023 to Sep 23, 2026 (3 years).
IVV vs JPAN 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 years both funds cover.
IVV vs JPAN Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Matthews Japan Active ETF (JPAN) is an ETF from Matthews Asia Funds. Over the past year IVV returned +17.08% while JPAN returned +22.76%. Year to date, IVV is up 13.32% versus a gain of 18.28% for JPAN.
Over three years, IVV compounded at +22.72% per year against +22.27% for JPAN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPAN has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 12.4% 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 -15.2% for JPAN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while JPAN charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.47% for JPAN.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 51 in JPAN, totalling 99.3% and 100.0% 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 51 in JPAN, against full books of 508 and 53.
What only one of them owns
Our book lists 2 positions for JPAN that do not appear in our book for IVV (5.1% of the fund), and 482 for IVV that do not appear in JPAN (98.6%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and JPAN 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 JPAN?
IVV has an expense ratio of 0.03% while JPAN charges 0.79%. IVV is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, IVV or JPAN?
Over the past year IVV returned +17.08% vs +22.76% for JPAN, so JPAN leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JPAN?
JPAN has been the more volatile fund at 14.7% annualized versus 12.4% for IVV. Worst drawdown: IVV -18.8% vs JPAN -15.2%.
Should I hold both IVV and JPAN?
IVV and JPAN have a monthly-return correlation of 0.69, 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 JPAN?
IVV yields 1.06% while JPAN yields 4.47%, so JPAN currently pays the higher dividend yield.
Is JPAN better than IVV?
IVV has a lower expense ratio. IVV led over 3Y and the full window, JPAN over 1Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.