IVV vs JPC
iShares Core S&P 500 ETF vs Nuveen Preferred & Income Opportunities Fund
Which is better, IVV or JPC?
Large Cap Blend against Preferred Stock.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y 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 | JPC |
|---|---|---|
| Expense Ratio | 0.03%Best | 2.14% |
| AUM | $886.7B | - |
| Dividend Yield | 1.10% | 9.90% |
| Holdings | 508 | 260 |
| YTD Return | +13.39%Best | -3.50% |
| 1Y Return | +20.08%Best | -0.83% |
| 3Y Return (annualized) | +21.29%Best | +14.19% |
| 5Y Return (annualized) | +12.88%Best | +2.75% |
| Volatility (annualized) | 14.5%Best | 18.2% |
| Max Drawdown | -56.5%Best | -82.5% |
| $10,000 over 5 years | $18,327Best | $11,453 |
| Fund Family | iShares by BlackRock (US) | Nuveen |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Preferred Stock |
| Inception | May 15, 2000 | Mar 26, 2003 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 27, 2003 to Sep 4, 2026 (23.4 years).
IVV vs JPC 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs JPC Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Nuveen Preferred & Income Opportunities Fund (JPC) is an ETF from Nuveen. Over the past year IVV returned +20.08% while JPC returned -0.83%. Year to date, IVV is up 13.39% versus a loss of 3.50% for JPC.
Over three years, IVV compounded at +21.29% per year against +14.19% for JPC; over five years the annualized figures are +12.88% and +2.75% respectively. Across the full 23-year window we track, IVV has the edge at +10.13% annualized vs -1.01%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPC has been the more volatile fund, with annualized monthly volatility of 18.2% compared with 14.5% 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 -56.5% for IVV and -82.5% for JPC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while JPC charges 2.14%. On a $10,000 position that is $3 vs $214 annually, a gap of $211 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 9.90% for JPC.
Holdings Overlap
At least 1.1% of IVV's money is in holdings JPC also owns.
Only one direction is shown: for JPC, our book for it lists positions totalling 132.1% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
IVV and JPC share little of their money.
The two holdings books were reported 186 days apart, IVV as of Aug 5, 2026 and JPC as of Jan 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
6 positions in common, counted across the 505 positions we hold weights for in IVV and 214 in JPC, against full books of 508 and 260.
You are not choosing between two funds in isolation.
Whichever of IVV and JPC 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 JPC?
IVV has an expense ratio of 0.03% while JPC charges 2.14%. IVV is the cheaper option, by $211 a year on a $10,000 investment.
Which performed better, IVV or JPC?
Over the past year IVV returned +20.08% vs -0.83% for JPC, so IVV leads on 1-year performance. Over the longest common window we track (23 years), IVV annualized +10.13% vs -1.01% for JPC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JPC?
JPC has been the more volatile fund at 18.2% annualized versus 14.5% for IVV. Worst drawdown: IVV -56.5% vs JPC -82.5%.
Should I hold both IVV and JPC?
IVV and JPC have a monthly-return correlation of 0.66, 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 JPC?
At least 1.1% of IVV's money is in holdings JPC also owns. Our book for JPC is partial, so the real figure is this or higher. They hold 6 positions in common, counted across the 505 positions we hold weights for in IVV and 214 in JPC.
Which pays a higher dividend, IVV or JPC?
IVV yields 1.10% while JPC yields 9.90%, so JPC currently pays the higher dividend yield.
Is JPC better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.