JLVP vs SPY
JPMorgan US Large Cap Value Plus ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, JLVP or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio.
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 | JLVP | SPY |
|---|---|---|
| Expense Ratio | 1.05% | 0.09%Best |
| AUM | $27M | $811.2B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 154 | 1,515 |
| YTD Return | -1.58% | +13.54%Best |
| 1Y Return | - | +16.25% |
| 3Y Return (annualized) | - | +23.72% |
| 5Y Return (annualized) | - | +13.95% |
| Fund Family | J.P. Morgan Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jul 30, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
JLVP 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
JLVP vs SPY Performance
JPMorgan US Large Cap Value Plus ETF (JLVP) 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. Year to date, JLVP is down 1.58% versus a gain of 13.54% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
JLVP charges 1.05% per year while SPY charges 0.09%. On a $10,000 position that is $105 vs $9 annually, a gap of $96 per year that compounds over a long holding period. On income, JLVP currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
At least 47.2% of SPY's money is in holdings JLVP also owns.
Only one direction is shown: for JLVP, our book for it lists positions totalling 132.0% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
The two portfolios partly overlap.
103 positions in common, counted across the 153 positions we hold weights for in JLVP and 504 in SPY, against full books of 154 and 1,515.
Top Shared Holdings
| Stock | Weight in JLVP | Weight in SPY | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 8.99% | 3.78% | 5.21% |
| MSFTMicrosoft Corp | 6.60% | 5.71% | 0.89% |
| AAPLApple, Inc | 2.59% | 7.45% | 4.86% |
| NVDANvidia Corp | 1.68% | 7.78% | 6.10% |
| METAMeta Platforms Inc | 3.27% | 2.22% | 1.05% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 2.70% | 1.44% | 1.26% |
| BACBank of America Corp.: Financials | 2.71% | 0.59% | 2.12% |
| WFCWells Fargo & Co. | 2.30% | 0.41% | 1.89% |
| TAT&T Inc | 2.19% | 0.28% | 1.91% |
| EQRVivmark Residential | 2.39% | 0.07% | 2.32% |
47.2% of SPY is already inside JLVP.
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, JLVP or SPY?
JLVP has an expense ratio of 1.05% while SPY charges 0.09%. SPY is the cheaper option, by $96 a year on a $10,000 investment.
What is the holdings overlap between JLVP and SPY?
At least 47.2% of SPY's money is in holdings JLVP also owns. Our book for JLVP is partial, so the real figure is this or higher. They hold 103 positions in common, counted across the 153 positions we hold weights for in JLVP and 504 in SPY.
Which pays a higher dividend, JLVP or SPY?
JLVP yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than JLVP?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.