IVV vs JQUA
iShares Core S&P 500 ETF vs JPMorgan US Quality Factor ETF
Which is better, IVV or JQUA?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 3Y, JQUA over 1Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. JQUA is less concentrated, with 19.1% of the fund in its ten largest positions against 38.1%.
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 | JQUA |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.12% |
| AUM | $882.6B | $8.9B |
| Dividend Yield | 1.06% | 1.04% |
| Holdings | 508 | 624 |
| YTD Return | +13.60% | +19.19%Best |
| 1Y Return | +16.32% | +19.59%Best |
| 3Y Return (annualized) | +23.81%Best | +22.03% |
| 5Y Return (annualized) | +14.03% | +14.43%Best |
| Volatility (annualized) | 16.2% | 15.3%Best |
| Max Drawdown | -33.9% | -32.9%Best |
| $10,000 over 5 years | $19,279 | $19,620Best |
| Top 10 Weight | 38.1% | 19.1%Best |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Nov 8, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Nov 9, 2017 to Oct 2, 2026 (8.9 years).
IVV vs JQUA 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 8.9 years both funds cover.
IVV vs JQUA Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and JPMorgan US Quality Factor ETF (JQUA) is an ETF from J.P. Morgan Asset Management. Over the past year IVV returned +16.32% while JQUA returned +19.59%. Year to date, IVV is up 13.60% versus a gain of 19.19% for JQUA.
Over three years, IVV compounded at +23.81% per year against +22.03% for JQUA; over five years the annualized figures are +14.03% and +14.43% respectively. Across the full 9-year window we track, JQUA has the edge at +14.10% annualized vs +14.05%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 15.3% for JQUA. 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 -32.9% for JQUA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. 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 JQUA charges 0.12%. On a $10,000 position that is $3 vs $12 annually, a gap of $9 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.04% for JQUA.
Holdings Overlap
61.2% of IVV's money is in holdings JQUA also owns. 80.9% of JQUA's money is in holdings IVV also owns.
Most of JQUA is already inside IVV. Owning both mostly buys the same companies twice.
189 positions in common, counted across the 505 positions we hold weights for in IVV and 303 in JQUA, against full books of 508 and 624.
What only one of them owns
Our book lists 103 positions for JQUA that do not appear in our book for IVV (16.7% of the fund), and 310 for IVV that do not appear in JQUA (38.1%).
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 JQUA | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.00% | 1.98% | 6.02% |
| AAPLApple, Inc | 7.39% | 2.21% | 5.18% |
| MSFTMicrosoft Corp | 5.57% | 2.15% | 3.42% |
| GOOGLAlphabet Inc,class A | 3.00% | 1.87% | 1.13% |
| AVGOBroadcom Inc | 2.59% | 1.74% | 0.85% |
| METAMeta Platforms Inc | 2.15% | 1.96% | 0.19% |
| MUMicron Technology, Inc. | 1.66% | 1.82% | 0.16% |
| AMDAdvanced Micro Devices Inc | 1.27% | 1.86% | 0.59% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.42% | 1.69% | 0.27% |
| XOMExxon Mobil Corp. | 1.04% | 1.80% | 0.76% |
80.9% of JQUA 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 JQUA?
IVV has an expense ratio of 0.03% while JQUA charges 0.12%. IVV is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, IVV or JQUA?
Over the past year IVV returned +16.32% vs +19.59% for JQUA, so JQUA leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +14.05% vs +14.10% for JQUA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JQUA?
IVV has been the more volatile fund at 16.2% annualized versus 15.3% for JQUA. Worst drawdown: IVV -33.9% vs JQUA -32.9%.
Should I hold both IVV and JQUA?
IVV and JQUA have a monthly-return correlation of 0.97, 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 JQUA?
80.9% of JQUA's money is in holdings IVV also owns. 80.9% of JQUA's is in holdings IVV also owns. They hold 189 positions in common, counted across the 505 positions we hold weights for in IVV and 303 in JQUA.
Which pays a higher dividend, IVV or JQUA?
IVV yields 1.06% while JQUA yields 1.04%, so IVV currently pays the higher dividend yield.
Is JQUA better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, JQUA over 1Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. JQUA is less concentrated, with 19.1% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.