IVV vs JPXN
iShares Core S&P 500 ETF vs iShares JPX-Nikkei 400 ETF
Quick Verdict
IVV has a lower expense ratio. JPXN delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | JPXN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.48% | |
| AUM | $907.0B | $142M | |
| Dividend Yield | 1.10% | 2.74% | |
| Holdings | 508 | 394 | |
| YTD Return | +14.29% | +21.34% | |
| 1Y Return | +21.79% | +29.26% | |
| 3Y Return (annualized) | +22.19% | +20.92% | |
| 5Y Return (annualized) | +13.28% | +10.27% | |
| Volatility (annualized) | 15.1% | 15.9% | |
| Max Drawdown | -56.5% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Oct 23, 2001 |
IVV vs JPXN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares JPX-Nikkei 400 ETF (JPXN) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +21.79% while JPXN returned +29.26%. Year to date, IVV is up 14.29% versus a gain of 21.34% for JPXN.
Over three years, IVV compounded at +22.19% per year against +20.92% for JPXN; over five years the annualized figures are +13.28% and +10.27% respectively. Across the full 25-year window we track, IVV has the edge at +7.06% annualized vs +4.64%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPXN has been the more volatile fund, with annualized monthly volatility of 15.9% 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 -56.5% for JPXN. 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while JPXN charges 0.48%. On a $10,000 position that is $3 vs $48 annually, a gap of $45 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.74% for JPXN.
Holdings Overlap
IVV and JPXN share 1 holdings out of 894 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in JPXN | Difference |
|---|---|---|---|
| XTSLA | 0.15% | 0.00% | 0.15% |
Frequently Asked Questions
Which is cheaper, IVV or JPXN?
IVV has an expense ratio of 0.03% while JPXN charges 0.48%. IVV is the cheaper option. On a $10,000 investment, that is $45 per year of difference.
Which performed better, IVV or JPXN?
Over the past year IVV returned +21.79% vs +29.26% for JPXN, so JPXN leads on 1-year performance. Over the longest common window we track (25 years), IVV annualized +7.06% vs +4.64% for JPXN. Past performance does not guarantee future results.
Which is riskier, IVV or JPXN?
JPXN has been the more volatile fund at 15.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs JPXN -56.5%.
Should I hold both IVV and JPXN?
IVV and JPXN have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and JPXN?
IVV and JPXN share 1 common holdings with a 0.0% weight overlap. Combined, they hold 894 unique securities.
Which pays a higher dividend, IVV or JPXN?
IVV yields 1.10% while JPXN yields 2.74%, so JPXN currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.