IVV vs JUSA
iShares Core S&P 500 ETF vs JPMorgan US Research Enhanced Large Cap ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | JUSA | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.12% | |
| AUM | $907.0B | $728M | |
| Dividend Yield | 1.10% | 0.57% | |
| Holdings | 508 | 247 | |
| YTD Return | +12.28% | +11.63% | |
| 1Y Return | +20.94% | +19.91% | |
| 3Y Return (annualized) | +21.81% | - | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 11.9% | |
| Max Drawdown | -56.5% | -14.0% | |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Mar 13, 2025 |
IVV vs JUSA Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and JPMorgan US Research Enhanced Large Cap ETF (JUSA) is a ETF from J.P. Morgan Asset Management. Over the past year IVV returned +20.94% while JUSA returned +19.91%. Year to date, IVV is up 12.28% versus a gain of 11.63% for JUSA.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 11.9% for JUSA. 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 -14.0% for JUSA. 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 1.00. 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 JUSA 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 1.10% against 0.57% for JUSA.
Holdings Overlap
IVV and JUSA share 227 holdings out of 523 unique holdings combined, representing a 72.9% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, IVV or JUSA?
IVV has an expense ratio of 0.03% while JUSA charges 0.12%. IVV is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
Which performed better, IVV or JUSA?
Over the past year IVV returned +20.94% vs +19.91% for JUSA, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +6.98% vs +24.03% for JUSA. Past performance does not guarantee future results.
Which is riskier, IVV or JUSA?
IVV has been the more volatile fund at 15.1% annualized versus 11.9% for JUSA. Worst drawdown: IVV -56.5% vs JUSA -14.0%.
Should I hold both IVV and JUSA?
IVV and JUSA have a monthly-return correlation of 1.00, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and JUSA?
IVV and JUSA share 227 common holdings with a 72.9% weight overlap. Combined, they hold 523 unique securities.
Which pays a higher dividend, IVV or JUSA?
IVV yields 1.10% while JUSA yields 0.57%, so IVV currently pays the higher dividend yield.
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