JMOM vs VTI
JPMorgan US Momentum Factor ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, JMOM or VTI?
Nearly the same fund. VTI costs less.
VTI has a lower expense ratio. JMOM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. JMOM is less concentrated, with 19.1% of the fund in its ten largest positions against 34.6%.
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 | JMOM | VTI |
|---|---|---|
| Expense Ratio | 0.12% | 0.03%Best |
| AUM | $2.6B | $689.2B |
| Dividend Yield | 0.78% | 1.06% |
| Holdings | 580 | 3,542 |
| YTD Return | +16.08%Best | +11.74% |
| 1Y Return | +16.24%Best | +12.21% |
| 3Y Return (annualized) | +24.57%Best | +21.24% |
| 5Y Return (annualized) | +11.39%Best | +10.57% |
| Volatility (annualized) | 17.4% | 16.6%Best |
| Max Drawdown | -34.3%Best | -35.0% |
| $10,000 over 5 years | $17,149Best | $16,527 |
| Top 10 Weight | 19.1%Best | 34.6% |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 8, 2017 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Nov 9, 2017 to Nov 12, 2026 (9 years).
JMOM 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 9 years both funds cover.
JMOM vs VTI Performance
JPMorgan US Momentum Factor ETF (JMOM) 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 JMOM returned +16.24% while VTI returned +12.21%. Year to date, JMOM is up 16.08% versus a gain of 11.74% for VTI.
Over three years, JMOM compounded at +24.57% per year against +21.24% for VTI; over five years the annualized figures are +11.39% and +10.57% respectively. Across the full 9-year window we track, JMOM has the edge at +14.46% annualized vs +13.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JMOM has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 16.6% 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 -34.3% for JMOM and -35.0% 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JMOM charges 0.12% per year while VTI charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, JMOM currently yields 0.78% against 1.06% for VTI.
Holdings Overlap
95.6% of JMOM's money is in holdings VTI also owns. 57.5% of VTI's money is in holdings JMOM also owns.
Most of JMOM is already inside VTI. Owning both mostly buys the same companies twice.
264 positions in common, counted across the 282 positions we hold weights for in JMOM and 3,464 in VTI, against full books of 580 and 3,542.
What only one of them owns
Our book lists 875 positions for VTI that do not appear in our book for JMOM (39.5% of the fund), and 7 for JMOM that do not appear in VTI (1.2%).
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 JMOM | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.95% | 7.13% | 5.18% |
| AAPLApple Inc | 2.17% | 6.63% | 4.46% |
| MSFTMicrosoft Corp | 2.16% | 5.19% | 3.03% |
| GOOGLAlphabet Inc | 2.08% | 2.76% | 0.68% |
| AVGOBroadcom Inc | 1.96% | 2.28% | 0.32% |
| AMZNAmazon.Com Inc | 0.59% | 3.30% | 2.71% |
| AMDAdvanced Micro Devices Inc | 2.42% | 1.36% | 1.06% |
| MUMicron Technology, Inc. | 1.82% | 1.64% | 0.18% |
| JNJJohnson & Johnson - Common | 1.76% | 0.87% | 0.89% |
| LLYEli Lilly & Co | 0.96% | 1.34% | 0.38% |
95.6% of JMOM 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, JMOM or VTI?
JMOM has an expense ratio of 0.12% while VTI charges 0.03%. VTI is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, JMOM or VTI?
Over the past year JMOM returned +16.24% vs +12.21% for VTI, so JMOM leads on 1-year performance. Over the longest common window we track (9 years), JMOM annualized +14.46% vs +13.15% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JMOM or VTI?
JMOM has been the more volatile fund at 17.4% annualized versus 16.6% for VTI. Worst drawdown: JMOM -34.3% vs VTI -35.0%.
Should I hold both JMOM and VTI?
JMOM and VTI have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between JMOM and VTI?
95.6% of JMOM's money is in holdings VTI also owns. 57.5% of VTI's is in holdings JMOM also owns. They hold 264 positions in common, counted across the 282 positions we hold weights for in JMOM and 3,464 in VTI.
Which pays a higher dividend, JMOM or VTI?
JMOM yields 0.78% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than JMOM?
VTI has a lower expense ratio. JMOM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. JMOM is less concentrated, with 19.1% of the fund in its ten largest positions against 34.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.