IVV vs JPME
iShares Core S&P 500 ETF vs JPMorgan Diversified Return US Mid Cap Equity ETF
Quick Verdict
IVV has a lower expense ratio. JPME delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | JPME | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.24% | |
| AUM | $907.0B | $479M | |
| Dividend Yield | 1.10% | 1.74% | |
| Holdings | 508 | 357 | |
| YTD Return | +12.96% | +17.45% | |
| 1Y Return | +20.70% | +23.36% | |
| 3Y Return (annualized) | +22.10% | +16.08% | |
| 5Y Return (annualized) | +13.40% | +9.63% | |
| Volatility (annualized) | 15.1% | 16.5% | |
| Max Drawdown | -56.5% | -41.0% | |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 11, 2016 |
IVV vs JPME Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and JPMorgan Diversified Return US Mid Cap Equity ETF (JPME) is a ETF from J.P. Morgan Asset Management. Over the past year IVV returned +20.70% while JPME returned +23.36%. Year to date, IVV is up 12.96% versus a gain of 17.45% for JPME.
Over three years, IVV compounded at +22.10% per year against +16.08% for JPME; over five years the annualized figures are +13.40% and +9.63% respectively. Across the full 10-year window we track, JPME has the edge at +10.76% annualized vs +7.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPME has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 15.1% 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 -41.0% for JPME. 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 0.90. 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 JPME charges 0.24%. On a $10,000 position that is $3 vs $24 annually, a gap of $21 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.74% for JPME.
Holdings Overlap
IVV and JPME share 157 holdings out of 696 unique holdings combined, representing a 6.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or JPME?
IVV has an expense ratio of 0.03% while JPME charges 0.24%. IVV is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, IVV or JPME?
Over the past year IVV returned +20.70% vs +23.36% for JPME, so JPME leads on 1-year performance. Over the longest common window we track (10 years), IVV annualized +7.01% vs +10.76% for JPME. Past performance does not guarantee future results.
Which is riskier, IVV or JPME?
JPME has been the more volatile fund at 16.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs JPME -41.0%.
Should I hold both IVV and JPME?
IVV and JPME have a monthly-return correlation of 0.90, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and JPME?
IVV and JPME share 157 common holdings with a 6.9% weight overlap. Combined, they hold 696 unique securities.
Which pays a higher dividend, IVV or JPME?
IVV yields 1.10% while JPME yields 1.74%, so JPME currently pays the higher dividend yield.
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