IVV vs JPAN
iShares Core S&P 500 ETF vs Matthews Japan Active ETF
Quick Verdict
IVV has a lower expense ratio. JPAN delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | JPAN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $865.2B | $10M | |
| Dividend Yield | 1.09% | 4.38% | |
| Holdings | 508 | 55 | |
| YTD Return | +13.72% | +22.12% | |
| 1Y Return | +21.64% | +29.49% | |
| 3Y Return (annualized) | +21.55% | +24.58% | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 15.0% | |
| Max Drawdown | -56.5% | -15.2% | |
| Fund Family | iShares by BlackRock (US) | Matthews Asia Funds | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 21, 2023 |
IVV vs JPAN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Matthews Japan Active ETF (JPAN) is a ETF from Matthews Asia Funds. Over the past year IVV returned +21.64% while JPAN returned +29.49%. Year to date, IVV is up 13.72% versus a gain of 22.12% for JPAN.
Over three years, IVV compounded at +21.55% per year against +24.58% for JPAN. Across the full 3-year window we track, JPAN has the edge at +24.58% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 15.0% for JPAN. 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 -56.5% for IVV and -15.2% for JPAN. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.09% against 4.38% for JPAN.
Holdings Overlap
IVV and JPAN share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $76 per year of difference.
Which performed better, IVV or JPAN?
Over the past year IVV returned +21.64% vs +29.49% for JPAN, so JPAN leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.04% vs +24.58% for JPAN. Past performance does not guarantee future results.
Which is riskier, IVV or JPAN?
IVV has been the more volatile fund at 15.1% annualized versus 15.0% for JPAN. Worst drawdown: IVV -56.5% vs JPAN -15.2%.
Should I hold both IVV and JPAN?
IVV and JPAN have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and JPAN?
IVV and JPAN share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, IVV or JPAN?
IVV yields 1.09% while JPAN yields 4.38%, so JPAN currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.