JIVE vs SPY

Quick Verdict

SPY has a lower expense ratio. JIVE delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: JIVEMore Diversified: SPY

Side-by-Side Comparison

MetricJIVESPYWinner
Expense Ratio0.55%0.09%
AUM$3.4B$789.1B
Dividend Yield1.57%1.01%
Holdings365505
YTD Return+19.17%+13.75%
1Y Return+38.35%+22.91%
3Y Return (annualized)+29.31%+21.67%
5Y Return (annualized)+29.31%+13.32%
Volatility (annualized)280.8%15.3%
Max Drawdown-89.1%-56.5%
Fund FamilyJ.P. Morgan Asset ManagementState Street Investment Management
CategoryEquityEquity
InceptionSep 13, 2023Jan 22, 1993

JIVE vs SPY Performance

JPMorgan International Value ETF (JIVE) 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 JIVE returned +38.35% while SPY returned +22.91%. Year to date, JIVE is up 19.17% versus a gain of 13.75% for SPY.

Over three years, JIVE compounded at +29.31% per year against +21.67% for SPY; over five years the annualized figures are +29.31% and +13.32% respectively. Across the full 15-year window we track, JIVE has the edge at +13.98% annualized vs +8.85%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

JIVE has been the more volatile fund, with annualized monthly volatility of 280.8% 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 -89.1% for JIVE 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 -0.15. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

JIVE 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, JIVE currently yields 1.57% against 1.01% for SPY.

Holdings Overlap

0.1%overlap

JIVE and SPY share 3 holdings out of 836 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in JIVEWeight in SPYDifference
DTEG.N:BE0.66%0.05%0.61%
IP0.12%0.03%0.09%
KR0.00%0.05%0.05%

Frequently Asked Questions

Which is cheaper, JIVE or SPY?

JIVE has an expense ratio of 0.55% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $46 per year of difference.

Which performed better, JIVE or SPY?

Over the past year JIVE returned +38.35% vs +22.91% for SPY, so JIVE leads on 1-year performance. Over the longest common window we track (15 years), JIVE annualized +13.98% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, JIVE or SPY?

JIVE has been the more volatile fund at 280.8% annualized versus 15.3% for SPY. Worst drawdown: JIVE -89.1% vs SPY -56.5%.

Should I hold both JIVE and SPY?

JIVE and SPY have a monthly-return correlation of -0.15, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between JIVE and SPY?

JIVE and SPY share 3 common holdings with a 0.1% weight overlap. Combined, they hold 836 unique securities.

Which pays a higher dividend, JIVE or SPY?

JIVE yields 1.57% while SPY yields 1.01%, so JIVE currently pays the higher dividend yield.

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