JADE vs SPY
JPMorgan Active Developing Markets Equity ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, JADE or SPY?
JADE has been ahead.
SPY has a lower expense ratio. JADE led over 1Y and the full window. JADE is less concentrated, with 35.7% of the fund in its ten largest positions against 38.0%.
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 | JADE | SPY |
|---|---|---|
| Expense Ratio | 0.65% | 0.09%Best |
| AUM | $32M | $814.4B |
| Dividend Yield | 1.89% | 1.01% |
| Holdings | 148 | 505 |
| YTD Return | +26.57%Best | +13.34% |
| 1Y Return | +48.50%Best | +19.97% |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 15.1% | 11.7%Best |
| Max Drawdown | -16.7%Best | -18.8% |
| $10,000 over 2.3 years | $17,558Best | $14,940 |
| Top 10 Weight | 35.7%Best | 38.0% |
| Fund Family | J.P. Morgan Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 16, 2024 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: May 17, 2024 to Sep 4, 2026 (2.3 years).
JADE vs SPY 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 2.3 years both funds cover.
JADE vs SPY Performance
JPMorgan Active Developing Markets Equity ETF (JADE) is an ETF from J.P. Morgan Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year JADE returned +48.50% while SPY returned +19.97%. Year to date, JADE is up 26.57% versus a gain of 13.34% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JADE has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 11.7% for SPY. 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 -16.7% for JADE and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JADE charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, JADE currently yields 1.89% against 1.01% for SPY.
Holdings Overlap
0.3% of JADE's money is in holdings SPY also owns. 0.1% of SPY's money is in holdings JADE 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 132 positions we hold weights for in JADE and 504 in SPY, against full books of 148 and 505.
What only one of them owns
Our book lists 495 positions for SPY that do not appear in our book for JADE (99.4% of the fund), and 7 for JADE that do not appear in SPY (3.1%).
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 JADE | Weight in SPY | Difference |
|---|---|---|---|
| MPWRMonolithic Power Systems Inc | 0.26% | 0.10% | 0.16% |
You are not choosing between two funds in isolation.
Whichever of JADE and SPY 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, JADE or SPY?
JADE has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, JADE or SPY?
Over the past year JADE returned +48.50% vs +19.97% for SPY, so JADE leads on 1-year performance. Over the longest common window we track (2 years), JADE annualized +27.73% vs +19.07% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JADE or SPY?
JADE has been the more volatile fund at 15.1% annualized versus 11.7% for SPY. Worst drawdown: JADE -16.7% vs SPY -18.8%.
Should I hold both JADE and SPY?
JADE and SPY have a monthly-return correlation of 0.64, 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, JADE or SPY?
JADE yields 1.89% while SPY yields 1.01%, so JADE currently pays the higher dividend yield.
Is SPY better than JADE?
SPY has a lower expense ratio. JADE led over 1Y and the full window. JADE is less concentrated, with 35.7% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.