JPMB vs QQQ
JPMorgan USD Emerging Markets Sovereign Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. JPMB offers more diversification with 205 holdings.
Side-by-Side Comparison
| Metric | JPMB | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.18% | |
| AUM | $67M | $455.8B | |
| Dividend Yield | 6.79% | 0.41% | |
| Holdings | 205 | 108 | |
| YTD Return | +1.63% | +19.68% | |
| 1Y Return | +5.96% | +26.75% | |
| 3Y Return (annualized) | +7.73% | +26.25% | |
| 5Y Return (annualized) | +1.23% | +15.39% | |
| Volatility (annualized) | 10.1% | 30.6% | |
| Max Drawdown | -27.6% | -83.0% | |
| Fund Family | J.P. Morgan Asset Management | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jan 29, 2018 | Mar 10, 1999 |
JPMB vs QQQ Performance
JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is a ETF from J.P. Morgan Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year JPMB returned +5.96% while QQQ returned +26.75%. Year to date, JPMB is up 1.63% versus a gain of 19.68% for QQQ.
Over three years, JPMB compounded at +7.73% per year against +26.25% for QQQ; over five years the annualized figures are +1.23% and +15.39% respectively. Across the full 9-year window we track, QQQ has the edge at +13.15% annualized vs +0.92%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 10.1% for JPMB. 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 -27.6% for JPMB and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JPMB charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, JPMB currently yields 6.79% against 0.41% for QQQ.
Holdings Overlap
JPMB and QQQ share 0 holdings out of 182 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JPMB or QQQ?
JPMB has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, JPMB or QQQ?
Over the past year JPMB returned +5.96% vs +26.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), JPMB annualized +0.92% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, JPMB or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 10.1% for JPMB. Worst drawdown: JPMB -27.6% vs QQQ -83.0%.
Should I hold both JPMB and QQQ?
JPMB and QQQ have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JPMB and QQQ?
JPMB and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 182 unique securities.
Which pays a higher dividend, JPMB or QQQ?
JPMB yields 6.79% while QQQ yields 0.41%, so JPMB currently pays the higher dividend yield.
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