IVV vs JPHY
iShares Core S&P 500 ETF vs JPMorgan Active High Yield ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | JPHY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.45% | |
| AUM | $865.2B | $2.2B | |
| Dividend Yield | 1.09% | 1.69% | |
| Holdings | 508 | 519 | |
| YTD Return | +13.80% | +2.25% | |
| 1Y Return | +23.70% | +5.51% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 1.6% | |
| Max Drawdown | -56.5% | -1.6% | |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Jun 24, 2025 |
IVV vs JPHY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and JPMorgan Active High Yield ETF (JPHY) is a ETF from J.P. Morgan Asset Management. Over the past year IVV returned +23.70% while JPHY returned +5.51%. Year to date, IVV is up 13.80% versus a gain of 2.25% for JPHY.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 1.6% for JPHY. 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 -1.6% for JPHY. 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 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while JPHY charges 0.45%. On a $10,000 position that is $3 vs $45 annually, a gap of $42 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.69% for JPHY.
Holdings Overlap
IVV and JPHY share 0 holdings out of 916 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 JPHY?
IVV has an expense ratio of 0.03% while JPHY charges 0.45%. IVV is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, IVV or JPHY?
Over the past year IVV returned +23.70% vs +5.51% for JPHY, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.05% vs +5.74% for JPHY. Past performance does not guarantee future results.
Which is riskier, IVV or JPHY?
IVV has been the more volatile fund at 15.1% annualized versus 1.6% for JPHY. Worst drawdown: IVV -56.5% vs JPHY -1.6%.
Should I hold both IVV and JPHY?
IVV and JPHY have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and JPHY?
IVV and JPHY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 916 unique securities.
Which pays a higher dividend, IVV or JPHY?
IVV yields 1.09% while JPHY yields 1.69%, so JPHY currently pays the higher dividend yield.
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