JOYT vs VOO
JPMorgan Equity and Options Total Return ETF vs Vanguard S&P 500 ETF
Which is better, JOYT or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 42.3%.
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 | JOYT | VOO |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $103M | $997.4B |
| Dividend Yield | 0.60% | 1.04% |
| Holdings | 118 | 509 |
| YTD Return | +8.91% | +12.37%Best |
| 1Y Return | +15.91% | +16.61%Best |
| 3Y Return (annualized) | - | +21.37% |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 7.3%Best | 12.9% |
| Max Drawdown | -7.0%Best | -8.9% |
| $10,000 over 1.1 years | $11,992 | $12,112Best |
| Top 10 Weight | 42.3% | 37.6%Best |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 18, 2025 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 19, 2025 to Sep 18, 2026 (1.1 years).
JOYT vs VOO 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 1.1 years both funds cover.
JOYT vs VOO Performance
JPMorgan Equity and Options Total Return ETF (JOYT) is an ETF from J.P. Morgan Asset Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year JOYT returned +15.91% while VOO returned +16.61%. Year to date, JOYT is up 8.91% versus a gain of 12.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 7.3% for JOYT. 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 -7.0% for JOYT and -8.9% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JOYT charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, JOYT currently yields 0.60% against 1.04% for VOO.
Holdings Overlap
94.6% of JOYT's money is in holdings VOO also owns. 61.2% of VOO's money is in holdings JOYT also owns.
Most of JOYT is already inside VOO. Owning both mostly buys the same companies twice.
103 positions in common, counted across the 113 positions we hold weights for in JOYT and 494 in VOO, against full books of 118 and 509.
What only one of them owns
Our book lists 384 positions for VOO that do not appear in our book for JOYT (37.9% of the fund), and 8 for JOYT that do not appear in VOO (5.0%).
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 JOYT | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.76% | 7.55% | 1.21% |
| AAPLApple, Inc | 6.98% | 7.05% | 0.07% |
| MSFTMicrosoft Corp | 6.42% | 5.36% | 1.06% |
| AMZNAmazon.Com Inc | 4.29% | 4.13% | 0.16% |
| GOOGLAlphabet Inc,class A | 4.80% | 3.24% | 1.56% |
| AVGOBroadcom Inc | 2.43% | 2.86% | 0.43% |
| METAMeta Platforms Inc | 2.34% | 1.90% | 0.44% |
| MUMicron Technology, Inc. | 2.36% | 1.44% | 0.92% |
| XOMExxon Mobil Corp. | 1.83% | 1.00% | 0.83% |
| LLYEli Lilly & Co. | 1.34% | 1.41% | 0.07% |
94.6% of JOYT is already inside VOO.
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, JOYT or VOO?
JOYT has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, JOYT or VOO?
Over the past year JOYT returned +15.91% vs +16.61% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), JOYT annualized +17.96% vs +19.03% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JOYT or VOO?
VOO has been the more volatile fund at 12.9% annualized versus 7.3% for JOYT. Worst drawdown: JOYT -7.0% vs VOO -8.9%.
Should I hold both JOYT and VOO?
JOYT and VOO have a monthly-return correlation of 0.85, 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 JOYT and VOO?
94.6% of JOYT's money is in holdings VOO also owns. 61.2% of VOO's is in holdings JOYT also owns. They hold 103 positions in common, counted across the 113 positions we hold weights for in JOYT and 494 in VOO.
Which pays a higher dividend, JOYT or VOO?
JOYT yields 0.60% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than JOYT?
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 42.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.