IVV vs JPME
iShares Core S&P 500 ETF vs JPMorgan Diversified Return US Mid Cap Equity ETF
Which is better, IVV or JPME?
Large Cap Blend against Mid Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. JPME is less concentrated, with 4.9% of the fund in its ten largest positions against 37.9%.
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 | JPME |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.24% |
| AUM | $876.4B | $475M |
| Dividend Yield | 1.06% | 1.74% |
| Holdings | 508 | 353 |
| YTD Return | +11.57% | +13.89%Best |
| 1Y Return | +17.57%Best | +16.64% |
| 3Y Return (annualized) | +20.71%Best | +14.89% |
| 5Y Return (annualized) | +12.80%Best | +8.66% |
| Volatility (annualized) | 15.2%Best | 16.4% |
| Max Drawdown | -33.9%Best | -41.0% |
| $10,000 over 5 years | $18,262Best | $15,148 |
| Top 10 Weight | 37.9% | 4.9%Best |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | May 15, 2000 | May 11, 2016 |
Volatility and max drawdown are measured over the window both funds cover: May 18, 2016 to Sep 10, 2026 (10.3 years).
IVV vs JPME 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 10.3 years both funds cover.
IVV vs JPME Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and JPMorgan Diversified Return US Mid Cap Equity ETF (JPME) is an ETF from J.P. Morgan Asset Management. Over the past year IVV returned +17.57% while JPME returned +16.64%. Year to date, IVV is up 11.57% versus a gain of 13.89% for JPME.
Over three years, IVV compounded at +20.71% per year against +14.89% for JPME; over five years the annualized figures are +12.80% and +8.66% respectively. Across the full 10-year window we track, IVV has the edge at +14.36% annualized vs +10.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPME has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 15.2% 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 -33.9% for IVV and -41.0% for JPME. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 1.06% against 1.74% for JPME.
Holdings Overlap
6.9% of IVV's money is in holdings JPME also owns. 48.0% of JPME's money is in holdings IVV also owns.
The two portfolios partly overlap.
158 positions in common, counted across the 505 positions we hold weights for in IVV and 345 in JPME, against full books of 508 and 353.
What only one of them owns
Our book lists 176 positions for JPME that do not appear in our book for IVV (48.5% of the fund), and 339 for IVV that do not appear in JPME (92.5%).
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 JPME | Difference |
|---|---|---|---|
| EQREquity Residential | 0.03% | 0.53% | 0.50% |
| HPEHewlett Packard Enterprise Co. | 0.11% | 0.44% | 0.33% |
| CTVACorteva Inc. | 0.08% | 0.44% | 0.36% |
| SPGSimon Property Group Inc | 0.11% | 0.40% | 0.29% |
| LITELumentum Holdings Inc | 0.10% | 0.41% | 0.31% |
| AMEAmetek Inc. | 0.09% | 0.41% | 0.32% |
| BKRBaker Hughes A Ge Co. Class A | 0.09% | 0.41% | 0.32% |
| DVNDevon Energy Corp. | 0.07% | 0.43% | 0.36% |
| NTAPNetapp Inc. | 0.06% | 0.44% | 0.38% |
| LHLabcorp Holdings Inc | 0.04% | 0.46% | 0.42% |
48.0% of JPME 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 JPME?
IVV has an expense ratio of 0.03% while JPME charges 0.24%. IVV is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, IVV or JPME?
Over the past year IVV returned +17.57% vs +16.64% for JPME, so IVV leads on 1-year performance. Over the longest common window we track (10 years), IVV annualized +14.36% vs +10.36% for JPME. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JPME?
JPME has been the more volatile fund at 16.4% annualized versus 15.2% for IVV. Worst drawdown: IVV -33.9% 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. 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 JPME?
48.0% of JPME's money is in holdings IVV also owns. 48.0% of JPME's is in holdings IVV also owns. They hold 158 positions in common, counted across the 505 positions we hold weights for in IVV and 345 in JPME.
Which pays a higher dividend, IVV or JPME?
IVV yields 1.06% while JPME yields 1.74%, so JPME currently pays the higher dividend yield.
Is JPME better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. JPME is less concentrated, with 4.9% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.