JMEE vs VYM
JPMorgan Small & Mid Cap Enhanced Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, JMEE or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. JMEE led over 1Y, VYM over 3Y and the full window. JMEE is less concentrated, with 9.6% of the fund in its ten largest positions against 26.1%.
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 | VYM |
|---|---|---|
| Expense Ratio | 0.24% | 0.04%Best |
| AUM | $2.9B | $81.6B |
| Dividend Yield | 0.95% | 2.22% |
| Holdings | 655 | 613 |
| YTD Return | +14.36%Best | +12.87% |
| 1Y Return | +18.84%Best | +17.25% |
| 3Y Return (annualized) | +15.94% | +17.66%Best |
| 5Y Return (annualized) | - | +11.98% |
| Volatility (annualized) | 18.9% | 13.9%Best |
| Max Drawdown | -25.4% | -14.5%Best |
| $10,000 over 4.4 years | $17,075 | $17,115Best |
| Top 10 Weight | 9.6%Best | 26.1% |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 6, 2022 | Nov 10, 2006 |
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 VYM 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 VYM Performance
JPMorgan Small & Mid Cap Enhanced Equity ETF (JMEE) is an ETF from J.P. Morgan Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year JMEE returned +18.84% while VYM returned +17.25%. Year to date, JMEE is up 14.36% versus a gain of 12.87% for VYM.
Over three years, JMEE compounded at +15.94% per year against +17.66% for VYM. Across the full 4-year window we track, VYM has the edge at +12.99% 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 13.9% for VYM. 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 -14.5% for VYM. 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 VYM charges 0.04%. On a $10,000 position that is $24 vs $4 annually, a gap of $20 per year that compounds over a long holding period. On income, JMEE currently yields 0.95% against 2.22% for VYM.
Holdings Overlap
25.0% of JMEE's money is in holdings VYM also owns. 4.6% of VYM's money is in holdings JMEE also owns.
JMEE and VYM share little of their money.
185 positions in common, counted across the 646 positions we hold weights for in JMEE and 557 in VYM, against full books of 655 and 613.
What only one of them owns
Our book lists 348 positions for VYM that do not appear in our book for JMEE (92.5% of the fund), and 438 for JMEE that do not appear in VYM (69.2%).
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 VYM | Difference |
|---|---|---|---|
| RSReliance Steel & Aluminum Co. | 0.47% | 0.08% | 0.39% |
| PNFPPinnacle Financial Partners In Common Stock Usd1.0 | 0.41% | 0.06% | 0.35% |
| PRPermian Resource | 0.38% | 0.07% | 0.31% |
| DINOHF Sinclair Corp | 0.39% | 0.06% | 0.33% |
| OVVOvintiv Inc. | 0.37% | 0.07% | 0.30% |
| DCIDonaldson Co Inc | 0.40% | 0.04% | 0.36% |
| RGAReinsurance Group of America, Incorporated | 0.37% | 0.06% | 0.31% |
| BWABorgWarner Inc | 0.36% | 0.05% | 0.31% |
| OGEOge Energy Corp. | 0.35% | 0.04% | 0.31% |
| EWBCEast West Bancorp, Inc. | 0.31% | 0.07% | 0.24% |
25.0% of JMEE is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, JMEE or VYM?
JMEE has an expense ratio of 0.24% while VYM charges 0.04%. VYM is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, JMEE or VYM?
Over the past year JMEE returned +18.84% vs +17.25% for VYM, so JMEE leads on 1-year performance. Over the longest common window we track (4 years), JMEE annualized +12.93% vs +12.99% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JMEE or VYM?
JMEE has been the more volatile fund at 18.9% annualized versus 13.9% for VYM. Worst drawdown: JMEE -25.4% vs VYM -14.5%.
Should I hold both JMEE and VYM?
JMEE and VYM 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 VYM?
25.0% of JMEE's money is in holdings VYM also owns. 4.6% of VYM's is in holdings JMEE also owns. They hold 185 positions in common, counted across the 646 positions we hold weights for in JMEE and 557 in VYM.
Which pays a higher dividend, JMEE or VYM?
JMEE yields 0.95% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than JMEE?
VYM has a lower expense ratio. JMEE led over 1Y, VYM over 3Y and the full window. JMEE is less concentrated, with 9.6% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.