JDIV vs SPY
JPMorgan Dividend Leaders ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, JDIV or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
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 | JDIV | SPY |
|---|---|---|
| Expense Ratio | 0.47% | 0.09%Best |
| AUM | $13M | $804.7B |
| Dividend Yield | 1.56% | 0.98% |
| Holdings | 98 | 505 |
| YTD Return | +7.04% | +13.82%Best |
| 1Y Return | +9.33% | +16.96%Best |
| 3Y Return (annualized) | - | +22.97% |
| 5Y Return (annualized) | - | +13.73% |
| Volatility (annualized) | 10.3%Best | 12.6% |
| Max Drawdown | -13.3%Best | -18.8% |
| $10,000 over 2 years | $12,171 | $13,827Best |
| Fund Family | J.P. Morgan Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 25, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 26, 2024 to Sep 21, 2026 (2 years).
JDIV 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 years both funds cover.
JDIV vs SPY Performance
JPMorgan Dividend Leaders ETF (JDIV) 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 JDIV returned +9.33% while SPY returned +16.96%. Year to date, JDIV is up 7.04% versus a gain of 13.82% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 10.3% for JDIV. 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 -13.3% for JDIV 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JDIV charges 0.47% per year while SPY charges 0.09%. On a $10,000 position that is $47 vs $9 annually, a gap of $38 per year that compounds over a long holding period. On income, JDIV currently yields 1.56% against 0.98% for SPY.
Holdings Overlap
At least 32.8% of SPY's money is in holdings JDIV also owns.
Stated as a floor: for JDIV, our book for it covers 93.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
46 positions in common, counted across the 86 positions we hold weights for in JDIV and 504 in SPY, against full books of 98 and 505.
Top Shared Holdings
| Stock | Weight in JDIV | Weight in SPY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.73% | 5.66% | 1.07% |
| NVDANvidia Corp | 2.68% | 8.01% | 5.33% |
| GOOGAlphabet Inc | 1.94% | 2.39% | 0.45% |
| AVGOBroadcom Inc | 0.71% | 2.66% | 1.95% |
| MAMastercard Inc | 2.62% | 0.71% | 1.91% |
| JNJJohnson & Johnson - Common | 1.87% | 0.99% | 0.88% |
| NEENextera Energy Inc | 2.44% | 0.26% | 2.18% |
| ABBVAbbvie Inc. | 1.59% | 0.70% | 0.89% |
| METAMeta Platforms Inc | 0.28% | 1.93% | 1.65% |
| XOMExxon Mobil Corp. | 1.15% | 1.04% | 0.11% |
32.8% of SPY is already inside JDIV.
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, JDIV or SPY?
JDIV has an expense ratio of 0.47% while SPY charges 0.09%. SPY is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, JDIV or SPY?
Over the past year JDIV returned +9.33% vs +16.96% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), JDIV annualized +10.32% vs +17.59% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JDIV or SPY?
SPY has been the more volatile fund at 12.6% annualized versus 10.3% for JDIV. Worst drawdown: JDIV -13.3% vs SPY -18.8%.
Should I hold both JDIV and SPY?
JDIV and SPY have a monthly-return correlation of 0.77, 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 JDIV and SPY?
At least 32.8% of SPY's money is in holdings JDIV also owns. Our book for JDIV is partial, so the real figure is this or higher. They hold 46 positions in common, counted across the 86 positions we hold weights for in JDIV and 504 in SPY.
Which pays a higher dividend, JDIV or SPY?
JDIV yields 1.56% while SPY yields 0.98%, so JDIV currently pays the higher dividend yield.
Is SPY better than JDIV?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.