JPSE vs VYM
JPMorgan Diversified Return US Small Cap Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, JPSE or VYM?
Small Cap Blend against Large Cap Value.
VYM has a lower expense ratio. JPSE led over 1Y, VYM over 3Y, 5Y and the full window. JPSE is less concentrated, with 3.9% of the fund in its ten largest positions against 26.1%.
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 | JPSE | VYM |
|---|---|---|
| Expense Ratio | 0.29% | 0.04%Best |
| AUM | $588M | $81.6B |
| Dividend Yield | 1.33% | 2.22% |
| Holdings | 563 | 613 |
| YTD Return | +15.56%Best | +12.29% |
| 1Y Return | +17.73%Best | +16.61% |
| 3Y Return (annualized) | +14.70% | +17.42%Best |
| 5Y Return (annualized) | +7.77% | +12.12%Best |
| Volatility (annualized) | 19.9% | 14.3%Best |
| Max Drawdown | -43.2% | -35.7%Best |
| $10,000 over 5 years | $14,537 | $17,718Best |
| Top 10 Weight | 3.9%Best | 26.1% |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Nov 15, 2016 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 17, 2016 to Sep 17, 2026 (9.8 years).
JPSE vs VYM 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 9.8 years both funds cover.
JPSE vs VYM Performance
JPMorgan Diversified Return US Small Cap Equity ETF (JPSE) is an ETF from J.P. Morgan Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year JPSE returned +17.73% while VYM returned +16.61%. Year to date, JPSE is up 15.56% versus a gain of 12.29% for VYM.
Over three years, JPSE compounded at +14.70% per year against +17.42% for VYM; over five years the annualized figures are +7.77% and +12.12% respectively. Across the full 10-year window we track, VYM has the edge at +10.05% annualized vs +9.78%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPSE has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 14.3% for VYM. 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 -43.2% for JPSE and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JPSE charges 0.29% per year while VYM charges 0.04%. On a $10,000 position that is $29 vs $4 annually, a gap of $25 per year that compounds over a long holding period. On income, JPSE currently yields 1.33% against 2.22% for VYM.
Holdings Overlap
19.9% of JPSE's money is in holdings VYM also owns. 2.1% of VYM's money is in holdings JPSE also owns.
JPSE and VYM share little of their money.
97 positions in common, counted across the 544 positions we hold weights for in JPSE and 557 in VYM, against full books of 563 and 613.
What only one of them owns
Our book lists 440 positions for VYM that do not appear in our book for JPSE (95.0% of the fund), and 415 for JPSE that do not appear in VYM (72.9%).
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 JPSE | Weight in VYM | Difference |
|---|---|---|---|
| GILDGilead Sciences Inc | 0.00% | 0.66% | 0.66% |
| JXNJackson Financial Inc USD | 0.34% | 0.03% | 0.31% |
| SXTSensient Technologies Corp | 0.34% | 0.02% | 0.32% |
| CNOCno Financial Group Inc | 0.34% | 0.02% | 0.32% |
| ONBOld National Bancorp/In Common Stock | 0.31% | 0.04% | 0.27% |
| UBSIUnited Bankshares Inc/Wv | 0.32% | 0.03% | 0.29% |
| HASIHa Sustainable Infrastructure Capital Inc | 0.32% | 0.02% | 0.30% |
| SWXSouthwest Gas Holdings Inc Common Stock Usd 1 | 0.29% | 0.03% | 0.26% |
| GATXGATX Corporation | 0.28% | 0.03% | 0.25% |
| NJRNew Jersey Res | 0.29% | 0.02% | 0.27% |
You are not choosing between two funds in isolation.
Whichever of JPSE and VYM 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, JPSE or VYM?
JPSE has an expense ratio of 0.29% while VYM charges 0.04%. VYM is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, JPSE or VYM?
Over the past year JPSE returned +17.73% vs +16.61% for VYM, so JPSE leads on 1-year performance. Over the longest common window we track (10 years), JPSE annualized +9.78% vs +10.05% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPSE or VYM?
JPSE has been the more volatile fund at 19.9% annualized versus 14.3% for VYM. Worst drawdown: JPSE -43.2% vs VYM -35.7%.
Should I hold both JPSE and VYM?
JPSE and VYM have a monthly-return correlation of 0.88, 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 JPSE and VYM?
19.9% of JPSE's money is in holdings VYM also owns. 2.1% of VYM's is in holdings JPSE also owns. They hold 97 positions in common, counted across the 544 positions we hold weights for in JPSE and 557 in VYM.
Which pays a higher dividend, JPSE or VYM?
JPSE yields 1.33% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than JPSE?
VYM has a lower expense ratio. JPSE led over 1Y, VYM over 3Y, 5Y and the full window. JPSE is less concentrated, with 3.9% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.