JPUS vs VOO
JPMorgan Diversified Return US Equity ETF vs Vanguard S&P 500 ETF
Which is better, JPUS or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. JPUS led over 1Y, VOO over 3Y, 5Y and the full window. JPUS is less concentrated, with 4.5% of the fund in its ten largest positions against 39.1%.
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 | JPUS | VOO |
|---|---|---|
| Expense Ratio | 0.18% | 0.03%Best |
| AUM | $477M | $1.0T |
| Dividend Yield | 2.00% | 1.05% |
| Holdings | 373 | 519 |
| YTD Return | +16.54%Best | +11.31% |
| 1Y Return | +19.42%Best | +13.49% |
| 3Y Return (annualized) | +16.73% | +20.46%Best |
| 5Y Return (annualized) | +9.03% | +11.61%Best |
| Volatility (annualized) | 15.1% | 15.0%Best |
| Max Drawdown | -38.7% | -34.3%Best |
| $10,000 over 5 years | $15,407 | $17,319Best |
| Top 10 Weight | 4.5%Best | 39.1% |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 29, 2015 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2015 to Nov 13, 2026 (11.1 years).
JPUS 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 11.1 years both funds cover.
JPUS vs VOO Performance
JPMorgan Diversified Return US Equity ETF (JPUS) 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 JPUS returned +19.42% while VOO returned +13.49%. Year to date, JPUS is up 16.54% versus a gain of 11.31% for VOO.
Over three years, JPUS compounded at +16.73% per year against +20.46% for VOO; over five years the annualized figures are +9.03% and +11.61% respectively. Across the full 11-year window we track, VOO has the edge at +13.96% annualized vs +11.05%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPUS has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 15.0% 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 -38.7% for JPUS 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
JPUS charges 0.18% per year while VOO charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, JPUS currently yields 2.00% against 1.05% for VOO.
Holdings Overlap
65.4% of JPUS's money is in holdings VOO also owns. 49.0% of VOO's money is in holdings JPUS also owns.
The two portfolios partly overlap.
217 positions in common, counted across the 366 positions we hold weights for in JPUS and 506 in VOO, against full books of 373 and 519.
What only one of them owns
Our book lists 286 positions for VOO that do not appear in our book for JPUS (51.0% of the fund), and 142 for JPUS that do not appear in VOO (32.4%).
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 JPUS | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 0.35% | 8.39% | 8.04% |
| AAPLApple, Inc | 0.42% | 7.38% | 6.96% |
| GOOGLAlphabet Inc., Class A | 0.17% | 3.07% | 2.90% |
| AVGOBroadcom Inc | 0.34% | 2.54% | 2.20% |
| BRK.ABerkshire Hathaway Inc | 0.38% | 1.41% | 1.03% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 0.45% | 1.02% | 0.57% |
| JNJJohnson & Johnson - Common | 0.39% | 0.97% | 0.58% |
| ABBVAbbvie Inc. | 0.42% | 0.70% | 0.28% |
| CVXChevron Corp. | 0.44% | 0.61% | 0.17% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.33% | 0.64% | 0.31% |
65.4% of JPUS 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, JPUS or VOO?
JPUS has an expense ratio of 0.18% while VOO charges 0.03%. VOO is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, JPUS or VOO?
Over the past year JPUS returned +19.42% vs +13.49% for VOO, so JPUS leads on 1-year performance. Over the longest common window we track (11 years), JPUS annualized +11.05% vs +13.96% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPUS or VOO?
JPUS has been the more volatile fund at 15.1% annualized versus 15.0% for VOO. Worst drawdown: JPUS -38.7% vs VOO -34.3%.
Should I hold both JPUS and VOO?
JPUS 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 JPUS and VOO?
65.4% of JPUS's money is in holdings VOO also owns. 49.0% of VOO's is in holdings JPUS also owns. They hold 217 positions in common, counted across the 366 positions we hold weights for in JPUS and 506 in VOO.
Which pays a higher dividend, JPUS or VOO?
JPUS yields 2.00% while VOO yields 1.05%, so JPUS currently pays the higher dividend yield.
Is VOO better than JPUS?
VOO has a lower expense ratio. JPUS led over 1Y, VOO over 3Y, 5Y and the full window. JPUS is less concentrated, with 4.5% of the fund in its ten largest positions against 39.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.