JDIV vs SPY
JPMorgan Dividend Leaders ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | JDIV | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.47% | 0.09% | |
| AUM | $13M | $789.1B | |
| Dividend Yield | 1.52% | 1.01% | |
| Holdings | 88 | 505 | |
| YTD Return | +9.17% | +13.75% | |
| 1Y Return | +14.98% | +22.91% | |
| 3Y Return (annualized) | - | +21.67% | |
| 5Y Return (annualized) | - | +13.32% | |
| Volatility (annualized) | 10.5% | 15.3% | |
| Max Drawdown | -13.3% | -56.5% | |
| Fund Family | J.P. Morgan Asset Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 25, 2024 | Jan 22, 1993 |
JDIV vs SPY Performance
JPMorgan Dividend Leaders ETF (JDIV) is a ETF from J.P. Morgan Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year JDIV returned +14.98% while SPY returned +22.91%. Year to date, JDIV is up 9.17% versus a gain of 13.75% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 10.5% 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 -56.5% for SPY. 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 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 1.52% against 1.01% for SPY.
Holdings Overlap
JDIV and SPY share 44 holdings out of 539 unique holdings combined, representing a 21.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $38 per year of difference.
Which performed better, JDIV or SPY?
Over the past year JDIV returned +14.98% vs +22.91% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), JDIV annualized +12.16% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, JDIV or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 10.5% for JDIV. Worst drawdown: JDIV -13.3% vs SPY -56.5%.
Should I hold both JDIV and SPY?
JDIV and SPY have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JDIV and SPY?
JDIV and SPY share 44 common holdings with a 21.4% weight overlap. Combined, they hold 539 unique securities.
Which pays a higher dividend, JDIV or SPY?
JDIV yields 1.52% while SPY yields 1.01%, so JDIV currently pays the higher dividend yield.
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