JPME vs VOO
JPMorgan Diversified Return US Mid Cap Equity ETF vs Vanguard S&P 500 ETF
Which is better, JPME or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. JPME led over 1Y, VOO over 3Y, 5Y and the full window. JPME is less concentrated, with 4.8% of the fund in its ten largest positions against 37.9%.
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 | JPME | VOO |
|---|---|---|
| Expense Ratio | 0.24% | 0.03%Best |
| AUM | $474M | $1.0T |
| Dividend Yield | 1.87% | 1.06% |
| Holdings | 703 | 506 |
| YTD Return | +14.75%Best | +12.92% |
| 1Y Return | +16.53%Best | +12.94% |
| 3Y Return (annualized) | +18.46% | +24.66%Best |
| 5Y Return (annualized) | +8.14% | +12.48%Best |
| Volatility (annualized) | 16.5% | 15.1%Best |
| Max Drawdown | -41.0% | -34.3%Best |
| $10,000 over 5 years | $14,789 | $18,004Best |
| Top 10 Weight | 4.8%Best | 37.9% |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | May 11, 2016 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: May 18, 2016 to Oct 26, 2026 (10.4 years).
JPME 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 10.4 years both funds cover.
JPME vs VOO Performance
JPMorgan Diversified Return US Mid Cap Equity ETF (JPME) 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 JPME returned +16.53% while VOO returned +12.94%. Year to date, JPME is up 14.75% versus a gain of 12.92% for VOO.
Over three years, JPME compounded at +18.46% per year against +24.66% for VOO; over five years the annualized figures are +8.14% and +12.48% respectively. Across the full 10-year window we track, VOO has the edge at +14.35% annualized vs +10.31%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPME has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 15.1% for VOO. 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 -41.0% for JPME and -34.3% 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JPME charges 0.24% per year while VOO charges 0.03%. On a $10,000 position that is $24 vs $3 annually, a gap of $21 per year that compounds over a long holding period. On income, JPME currently yields 1.87% against 1.06% for VOO.
Holdings Overlap
48.4% of JPME's money is in holdings VOO also owns. 6.6% of VOO's money is in holdings JPME also owns.
The two portfolios partly overlap.
150 positions in common, counted across the 342 positions we hold weights for in JPME and 504 in VOO, against full books of 703 and 506.
What only one of them owns
Our book lists 349 positions for VOO that do not appear in our book for JPME (93.1% of the fund), and 179 for JPME that do not appear in VOO (48.2%).
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 JPME | Weight in VOO | Difference |
|---|---|---|---|
| HPEHewlett Packard Enterprise Co | 0.52% | 0.10% | 0.42% |
| LITELumentum Holdings Inc | 0.47% | 0.11% | 0.36% |
| NTAPNetapp Inc | 0.48% | 0.06% | 0.42% |
| RVTYRevvity Inc | 0.50% | 0.02% | 0.48% |
| FFIVF5 Networks Inc. | 0.49% | 0.03% | 0.46% |
| AMEAmetek Inc | 0.44% | 0.08% | 0.36% |
| GRMNGarminltd. | 0.44% | 0.07% | 0.37% |
| TERTeradyne Inc - Common | 0.43% | 0.08% | 0.35% |
| FASTFastenal Co. | 0.42% | 0.09% | 0.33% |
| SPGSimon Property Group Inc | 0.41% | 0.10% | 0.31% |
48.4% of JPME 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, JPME or VOO?
JPME has an expense ratio of 0.24% while VOO charges 0.03%. VOO is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, JPME or VOO?
Over the past year JPME returned +16.53% vs +12.94% for VOO, so JPME leads on 1-year performance. Over the longest common window we track (10 years), JPME annualized +10.31% vs +14.35% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPME or VOO?
JPME has been the more volatile fund at 16.5% annualized versus 15.1% for VOO. Worst drawdown: JPME -41.0% vs VOO -34.3%.
Should I hold both JPME and VOO?
JPME and VOO 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 JPME and VOO?
48.4% of JPME's money is in holdings VOO also owns. 6.6% of VOO's is in holdings JPME also owns. They hold 150 positions in common, counted across the 342 positions we hold weights for in JPME and 504 in VOO.
Which pays a higher dividend, JPME or VOO?
JPME yields 1.87% while VOO yields 1.06%, so JPME currently pays the higher dividend yield.
Is VOO better than JPME?
VOO has a lower expense ratio. JPME led over 1Y, VOO over 3Y, 5Y and the full window. JPME is less concentrated, with 4.8% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.