IVV vs JRE
iShares Core S&P 500 ETF vs Janus Henderson US Real Estate ETF
Which is better, IVV or JRE?
Large Cap Blend against All Cap Blend.
IVV has a lower expense ratio. IVV led over the full window, JRE over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 66.1%.
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 | JRE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.65% |
| AUM | $876.4B | $4M |
| Dividend Yield | 1.06% | 4.65% |
| Holdings | 508 | 25 |
| Volatility (annualized) | 15.7%Best | 18.5% |
| Max Drawdown | -24.5%Best | -31.7% |
| $10,000 over 5.1 years | $19,473Best | $12,894 |
| Top 10 Weight | 37.9%Best | 66.1% |
| Fund Family | iShares by BlackRock (US) | Janus Henderson Investors |
| Category | Equity | Equity |
| Style | Large Cap Blend | All Cap Blend |
| Inception | May 15, 2000 | Jun 22, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 36 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Sep 11, 2026 and JRE through Aug 6, 2026.
Volatility and max drawdown, and the $10,000 over 5.1 years row, are measured over the window both funds cover: Jun 23, 2021 to Aug 6, 2026 (5.1 years).
Risk: Volatility and Drawdowns
JRE has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 15.7% 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 -24.5% for IVV and -31.7% for JRE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while JRE charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.65% for JRE.
Holdings Overlap
1.2% of IVV's money is in holdings JRE also owns. 69.1% of JRE's money is in holdings IVV also owns.
The two portfolios partly overlap.
The two holdings books were reported 97 days apart, IVV as of Aug 5, 2026 and JRE as of Apr 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
12 positions in common, counted across the 505 positions we hold weights for in IVV and 24 in JRE, against full books of 508 and 25.
What only one of them owns
Our book lists 12 positions for JRE that do not appear in our book for IVV (30.1% of the fund), and 483 for IVV that do not appear in JRE (98.1%).
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 JRE | Difference |
|---|---|---|---|
| WELLWelltower Inc | 0.25% | 12.60% | 12.35% |
| PLDPrologis Inc | 0.20% | 12.18% | 11.98% |
| EQIXEquinix, Inc. | 0.16% | 9.50% | 9.34% |
| DLRDigital Realty Trust Inc. | 0.10% | 6.95% | 6.85% |
| VTRVentas, Inc. | 0.07% | 5.80% | 5.73% |
| PSAPublic Storage | 0.08% | 4.74% | 4.66% |
| SPGSimon Property Group Inc | 0.11% | 4.39% | 4.28% |
| CBRECbre Group Inc. Class A | 0.07% | 3.37% | 3.30% |
| MAAMid-america Apartment Communities Inc. | 0.02% | 3.28% | 3.26% |
| HLTHilton Worldwide Holdings, Inc. | 0.11% | 2.55% | 2.44% |
69.1% of JRE 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 JRE?
IVV has an expense ratio of 0.03% while JRE charges 0.65%. IVV is the cheaper option, by $62 a year on a $10,000 investment.
Which is riskier, IVV or JRE?
JRE has been the more volatile fund at 18.5% annualized versus 15.7% for IVV. Worst drawdown: IVV -24.5% vs JRE -31.7%.
Should I hold both IVV and JRE?
IVV and JRE have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and JRE?
69.1% of JRE's money is in holdings IVV also owns. 69.1% of JRE's is in holdings IVV also owns. They hold 12 positions in common, counted across the 505 positions we hold weights for in IVV and 24 in JRE.
Which pays a higher dividend, IVV or JRE?
IVV yields 1.06% while JRE yields 4.65%, so JRE currently pays the higher dividend yield.
Is JRE better than IVV?
IVV has a lower expense ratio. IVV led over the full window, JRE over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 66.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.