JPMB vs QQQ
JPMorgan USD Emerging Markets Sovereign Bond ETF vs Invesco QQQ Trust, Series 1
Which is better, JPMB or QQQ?
Emerging Markets Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | JPMB | QQQ |
|---|---|---|
| Expense Ratio | 0.39% | 0.18%Best |
| AUM | $95M | $498.6B |
| Dividend Yield | 5.85% | 0.42% |
| Holdings | 430 | 321 |
| YTD Return | -2.29% | +22.67%Best |
| 1Y Return | -0.80% | +24.33%Best |
| 3Y Return (annualized) | +8.00% | +29.05%Best |
| 5Y Return (annualized) | +0.89% | +17.00%Best |
| Volatility (annualized) | 10.1%Best | 20.0% |
| Max Drawdown | -27.6%Best | -35.1% |
| $10,000 over 5 years | $10,453 | $21,924Best |
| Fund Family | J.P. Morgan Asset Management | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Emerging Markets Bond | Large Cap Growth |
| Inception | Jan 29, 2018 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 31, 2018 to Oct 2, 2026 (8.7 years).
JPMB vs QQQ 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
JPMB vs QQQ Performance
JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is an ETF from J.P. Morgan Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year JPMB returned -0.80% while QQQ returned +24.33%. Year to date, JPMB is down 2.29% versus a gain of 22.67% for QQQ.
Over three years, JPMB compounded at +8.00% per year against +29.05% for QQQ; over five years the annualized figures are +0.89% and +17.00% respectively. Across the full 9-year window we track, QQQ has the edge at +19.18% annualized vs +0.45%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.0% 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 -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
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 5.85% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 81 holdings in JPMB and 102 in QQQ, totalling 37.4% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 81 positions we hold weights for in JPMB and 102 in QQQ, against full books of 430 and 321.
You are not choosing between two funds in isolation.
Whichever of JPMB and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $21 a year on a $10,000 investment.
Which performed better, JPMB or QQQ?
Over the past year JPMB returned -0.80% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), JPMB annualized +0.45% vs +19.18% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPMB or QQQ?
QQQ has been the more volatile fund at 20.0% annualized versus 10.1% for JPMB. Worst drawdown: JPMB -27.6% vs QQQ -35.1%.
Should I hold both JPMB and QQQ?
JPMB and QQQ have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, JPMB or QQQ?
JPMB yields 5.85% while QQQ yields 0.42%, so JPMB currently pays the higher dividend yield.
Is QQQ better than JPMB?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.