JIG vs SPY
JPMorgan International Growth ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, JIG or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. JIG is less concentrated, with 27.9% of the fund in its ten largest positions against 38.2%.
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 | JIG | SPY |
|---|---|---|
| Expense Ratio | 0.55% | 0.09%Best |
| AUM | $530M | $811.2B |
| Dividend Yield | 1.94% | 0.98% |
| Holdings | 212 | 1,515 |
| YTD Return | +11.63% | +14.77%Best |
| 1Y Return | +13.34% | +18.61%Best |
| 3Y Return (annualized) | +17.90% | +22.83%Best |
| 5Y Return (annualized) | +3.29% | +13.84%Best |
| Volatility (annualized) | 17.6% | 15.3%Best |
| Max Drawdown | -43.8% | -24.5%Best |
| $10,000 over 5 years | $11,757 | $19,119Best |
| Top 10 Weight | 27.9%Best | 38.2% |
| Fund Family | J.P. Morgan Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | May 20, 2020 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: May 21, 2020 to Oct 13, 2026 (6.4 years).
JIG 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 6.4 years both funds cover.
JIG vs SPY Performance
JPMorgan International Growth ETF (JIG) 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 JIG returned +13.34% while SPY returned +18.61%. Year to date, JIG is up 11.63% versus a gain of 14.77% for SPY.
Over three years, JIG compounded at +17.90% per year against +22.83% for SPY; over five years the annualized figures are +3.29% and +13.84% respectively. Across the full 6-year window we track, SPY has the edge at +17.78% annualized vs +9.11%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JIG has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 15.3% 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 -43.8% for JIG and -24.5% 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JIG charges 0.55% per year while SPY charges 0.09%. On a $10,000 position that is $55 vs $9 annually, a gap of $46 per year that compounds over a long holding period. On income, JIG currently yields 1.94% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 88 holdings in JIG and 504 in SPY, totalling 100.3% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 88 positions we hold weights for in JIG and 504 in SPY, against full books of 212 and 1,515.
What only one of them owns
Our book lists 497 positions for SPY that do not appear in our book for JIG (99.2% of the fund), and 7 for JIG that do not appear in SPY (8.0%).
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.
You are not choosing between two funds in isolation.
Whichever of JIG 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, JIG or SPY?
JIG has an expense ratio of 0.55% while SPY charges 0.09%. SPY is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, JIG or SPY?
Over the past year JIG returned +13.34% vs +18.61% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (6 years), JIG annualized +9.11% vs +17.78% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JIG or SPY?
JIG has been the more volatile fund at 17.6% annualized versus 15.3% for SPY. Worst drawdown: JIG -43.8% vs SPY -24.5%.
Should I hold both JIG and SPY?
JIG and SPY have a monthly-return correlation of 0.80, 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, JIG or SPY?
JIG yields 1.94% while SPY yields 0.98%, so JIG currently pays the higher dividend yield.
Is SPY better than JIG?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. JIG is less concentrated, with 27.9% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.