IVV vs JPSE
iShares Core S&P 500 ETF vs JPMorgan Diversified Return US Small Cap Equity ETF
Which is better, IVV or JPSE?
Large Cap Blend against Small Cap Blend.
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, JPSE over 1Y. JPSE is less concentrated, with 3.9% of the fund in its ten largest positions against 37.8%.
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 | JPSE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.29% |
| AUM | $876.4B | $588M |
| Dividend Yield | 1.06% | 1.33% |
| Holdings | 508 | 563 |
| YTD Return | +12.27% | +15.56%Best |
| 1Y Return | +17.04% | +17.73%Best |
| 3Y Return (annualized) | +21.24%Best | +14.70% |
| 5Y Return (annualized) | +13.08%Best | +7.77% |
| Volatility (annualized) | 15.5%Best | 19.9% |
| Max Drawdown | -33.9%Best | -43.2% |
| $10,000 over 5 years | $18,490Best | $14,537 |
| Top 10 Weight | 37.8% | 3.9%Best |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Blend |
| Inception | May 15, 2000 | Nov 15, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Nov 17, 2016 to Sep 17, 2026 (9.8 years).
IVV vs JPSE 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 9.8 years both funds cover.
IVV vs JPSE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and JPMorgan Diversified Return US Small Cap Equity ETF (JPSE) is an ETF from J.P. Morgan Asset Management. Over the past year IVV returned +17.04% while JPSE returned +17.73%. Year to date, IVV is up 12.27% versus a gain of 15.56% for JPSE.
Over three years, IVV compounded at +21.24% per year against +14.70% for JPSE; over five years the annualized figures are +13.08% and +7.77% respectively. Across the full 10-year window we track, IVV has the edge at +14.41% annualized vs +9.78%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPSE has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 15.5% 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 -33.9% for IVV and -43.2% for JPSE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while JPSE charges 0.29%. On a $10,000 position that is $3 vs $29 annually, a gap of $26 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.33% for JPSE.
Holdings Overlap
0.3% of IVV's money is in holdings JPSE also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 544 in JPSE, against full books of 508 and 563.
What only one of them owns
Our book lists 506 positions for JPSE that do not appear in our book for IVV (91.8% of the fund), and 481 for IVV that do not appear in JPSE (98.4%).
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 JPSE | Difference |
|---|---|---|---|
| GILDGilead Sciences | 0.27% | 0.00% | 0.27% |
You are not choosing between two funds in isolation.
Whichever of IVV and JPSE 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 JPSE?
IVV has an expense ratio of 0.03% while JPSE charges 0.29%. IVV is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, IVV or JPSE?
Over the past year IVV returned +17.04% vs +17.73% for JPSE, so JPSE leads on 1-year performance. Over the longest common window we track (10 years), IVV annualized +14.41% vs +9.78% for JPSE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JPSE?
JPSE has been the more volatile fund at 19.9% annualized versus 15.5% for IVV. Worst drawdown: IVV -33.9% vs JPSE -43.2%.
Should I hold both IVV and JPSE?
IVV and JPSE have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or JPSE?
IVV yields 1.06% while JPSE yields 1.33%, so JPSE currently pays the higher dividend yield.
Is JPSE better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, JPSE over 1Y. JPSE is less concentrated, with 3.9% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.