JMEE vs VTI
JPMorgan Small & Mid Cap Enhanced Equity ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, JMEE or VTI?
Each has led over a different period.
VTI has a lower expense ratio. JMEE led over 1Y, VTI over 3Y and the full window. JMEE is less concentrated, with 9.6% of the fund in its ten largest positions against 33.3%.
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 | JMEE | VTI |
|---|---|---|
| Expense Ratio | 0.24% | 0.03%Best |
| AUM | $2.9B | $666.9B |
| Dividend Yield | 0.95% | 1.03% |
| Holdings | 655 | 3,543 |
| YTD Return | +14.36%Best | +11.53% |
| 1Y Return | +18.84%Best | +15.74% |
| 3Y Return (annualized) | +15.94% | +20.67%Best |
| 5Y Return (annualized) | - | +11.59% |
| Volatility (annualized) | 18.9% | 15.6%Best |
| Max Drawdown | -25.4% | -19.3%Best |
| $10,000 over 4.4 years | $17,075 | $20,081Best |
| Top 10 Weight | 9.6%Best | 33.3% |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 6, 2022 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: May 9, 2022 to Sep 15, 2026 (4.4 years).
JMEE vs VTI 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 4.4 years both funds cover.
JMEE vs VTI Performance
JPMorgan Small & Mid Cap Enhanced Equity ETF (JMEE) is an ETF from J.P. Morgan Asset Management and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year JMEE returned +18.84% while VTI returned +15.74%. Year to date, JMEE is up 14.36% versus a gain of 11.53% for VTI.
Over three years, JMEE compounded at +15.94% per year against +20.67% for VTI. Across the full 4-year window we track, VTI has the edge at +17.17% annualized vs +12.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JMEE has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 15.6% for VTI. 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 -25.4% for JMEE and -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JMEE charges 0.24% per year while VTI charges 0.03%. On a $10,000 position that is $24 vs $3 annually, a gap of $21 per year that compounds over a long holding period. On income, JMEE currently yields 0.95% against 1.03% for VTI.
Holdings Overlap
91.6% of JMEE's money is in holdings VTI also owns. 5.4% of VTI's money is in holdings JMEE also owns.
Most of JMEE is already inside VTI. Owning both mostly buys the same companies twice.
620 positions in common, counted across the 646 positions we hold weights for in JMEE and 3,463 in VTI, against full books of 655 and 3,543.
What only one of them owns
Our book lists 750 positions for VTI that do not appear in our book for JMEE (92.2% of the fund), and 10 for JMEE that do not appear in VTI (4.7%).
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.
Top Shared Holdings
| Stock | Weight in JMEE | Weight in VTI | Difference |
|---|---|---|---|
| TWLOTwilio Inc. Class A | 0.76% | 0.04% | 0.72% |
| ILMNIllumina, Inc. | 0.73% | 0.04% | 0.69% |
| OKTAOkta Inc. | 0.73% | 0.03% | 0.70% |
| 0RMV:LNTechnipfmc Plc Ordinary Shares | 0.68% | 0.04% | 0.64% |
| NVT:IENvent Electric Plc Ordinary Shares | 0.64% | 0.03% | 0.61% |
| UTHRUnited Therapeutics Corp | 0.63% | 0.03% | 0.60% |
| HALOHalozyme Therapeutics Inc | 0.59% | 0.01% | 0.58% |
| CWCurtiss-wright Corp | 0.55% | 0.04% | 0.51% |
| GWREGuidewire Software Inc | 0.56% | 0.02% | 0.54% |
| ATIAti Inc | 0.53% | 0.04% | 0.49% |
91.6% of JMEE is already inside VTI.
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, JMEE or VTI?
JMEE has an expense ratio of 0.24% while VTI charges 0.03%. VTI is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, JMEE or VTI?
Over the past year JMEE returned +18.84% vs +15.74% for VTI, so JMEE leads on 1-year performance. Over the longest common window we track (4 years), JMEE annualized +12.93% vs +17.17% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JMEE or VTI?
JMEE has been the more volatile fund at 18.9% annualized versus 15.6% for VTI. Worst drawdown: JMEE -25.4% vs VTI -19.3%.
Should I hold both JMEE and VTI?
JMEE and VTI have a monthly-return correlation of 0.89, 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 JMEE and VTI?
91.6% of JMEE's money is in holdings VTI also owns. 5.4% of VTI's is in holdings JMEE also owns. They hold 620 positions in common, counted across the 646 positions we hold weights for in JMEE and 3,463 in VTI.
Which pays a higher dividend, JMEE or VTI?
JMEE yields 0.95% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than JMEE?
VTI has a lower expense ratio. JMEE led over 1Y, VTI over 3Y and the full window. JMEE is less concentrated, with 9.6% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.