IVV vs JPEF
iShares Core S&P 500 ETF vs JPMorgan Equity Focus ETF
Which is better, IVV or JPEF?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 46.0%.
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 | JPEF |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.44% |
| AUM | $876.4B | $2.0B |
| Dividend Yield | 1.06% | 0.65% |
| Holdings | 508 | 42 |
| YTD Return | +11.57%Best | +7.72% |
| 1Y Return | +17.57%Best | +10.23% |
| 3Y Return (annualized) | +20.71%Best | +18.29% |
| 5Y Return (annualized) | +12.80% | - |
| Volatility (annualized) | 12.8% | 12.5%Best |
| Max Drawdown | -18.8% | -18.1%Best |
| $10,000 over 3.1 years | $17,188Best | $16,295 |
| Top 10 Weight | 37.9%Best | 46.0% |
| 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 | Mar 10, 2023 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Jul 31, 2023 to Sep 10, 2026 (3.1 years).
IVV vs JPEF 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 3.1 years both funds cover.
IVV vs JPEF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and JPMorgan Equity Focus ETF (JPEF) is an ETF from J.P. Morgan Asset Management. Over the past year IVV returned +17.57% while JPEF returned +10.23%. Year to date, IVV is up 11.57% versus a gain of 7.72% for JPEF.
Over three years, IVV compounded at +20.71% per year against +18.29% for JPEF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 12.5% for JPEF. 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 -18.1% for JPEF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while JPEF charges 0.44%. On a $10,000 position that is $3 vs $44 annually, a gap of $41 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.65% for JPEF.
Holdings Overlap
43.2% of IVV's money is in holdings JPEF also owns. 94.3% of JPEF's money is in holdings IVV also owns.
Most of JPEF is already inside IVV. Owning both mostly buys the same companies twice.
36 positions in common, counted across the 505 positions we hold weights for in IVV and 41 in JPEF, against full books of 508 and 42.
What only one of them owns
Our book lists 4 positions for JPEF that do not appear in our book for IVV (3.5% of the fund), and 459 for IVV that do not appear in JPEF (56.1%).
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 JPEF | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 9.54% | 1.56% |
| AAPLApple, Inc | 6.86% | 5.58% | 1.28% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 4.99% | 0.45% |
| GOOGAlphabet Inc | 2.56% | 6.26% | 3.70% |
| AMZNAmazon.Com Inc | 4.01% | 4.65% | 0.64% |
| AVGOBroadcom Inc | 2.98% | 3.02% | 0.04% |
| JNJJohnson & Johnson | 0.93% | 3.39% | 2.46% |
| METAMeta Platforms, Inc. | 1.94% | 1.98% | 0.04% |
| BRK.BBerkshire Hathaway B | 1.43% | 2.28% | 0.85% |
| MUMicron Technology, Inc. | 1.51% | 2.19% | 0.68% |
94.3% of JPEF 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 JPEF?
IVV has an expense ratio of 0.03% while JPEF charges 0.44%. IVV is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, IVV or JPEF?
Over the past year IVV returned +17.57% vs +10.23% for JPEF, 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 JPEF?
IVV has been the more volatile fund at 12.8% annualized versus 12.5% for JPEF. Worst drawdown: IVV -18.8% vs JPEF -18.1%.
Should I hold both IVV and JPEF?
IVV and JPEF have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and JPEF?
94.3% of JPEF's money is in holdings IVV also owns. 94.3% of JPEF's is in holdings IVV also owns. They hold 36 positions in common, counted across the 505 positions we hold weights for in IVV and 41 in JPEF.
Which pays a higher dividend, IVV or JPEF?
IVV yields 1.06% while JPEF yields 0.65%, so IVV currently pays the higher dividend yield.
Is JPEF better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 46.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.