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. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. JPUS is less concentrated, with 4.6% of the fund in its ten largest positions against 36.4%.
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 | $470M | $997.4B |
| Dividend Yield | 1.97% | 1.08% |
| Holdings | 375 | 509 |
| YTD Return | +15.99%Best | +13.37% |
| 1Y Return | +18.95% | +20.08%Best |
| 3Y Return (annualized) | +16.31% | +21.29%Best |
| 5Y Return (annualized) | +9.87% | +12.89%Best |
| Volatility (annualized) | 15.1%Tie | 15.1%Tie |
| Max Drawdown | -38.7% | -34.3%Best |
| $10,000 over 5 years | $16,010 | $18,335Best |
| Top 10 Weight | 4.6%Best | 36.4% |
| 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 Sep 4, 2026 (10.9 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 10.9 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 +18.95% while VOO returned +20.08%. Year to date, JPUS is up 15.99% versus a gain of 13.37% for VOO.
Over three years, JPUS compounded at +16.31% per year against +21.29% for VOO; over five years the annualized figures are +9.87% and +12.89% respectively. Across the full 11-year window we track, VOO has the edge at +14.41% annualized vs +11.21%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPUS and VOO have been equally volatile, both at 15.1% annualized.
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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
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 1.97% against 1.08% for VOO.
Holdings Overlap
65.2% of JPUS's money is in holdings VOO also owns. 50.3% of VOO's money is in holdings JPUS also owns.
The two portfolios partly overlap.
222 positions in common, counted across the 369 positions we hold weights for in JPUS and 505 in VOO, against full books of 375 and 509.
What only one of them owns
Our book lists 277 positions for VOO that do not appear in our book for JPUS (49.2% of the fund), and 132 for JPUS that do not appear in VOO (31.8%).
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. | 0.42% | 7.51% | 7.09% |
| AAPLApple, Inc | 0.42% | 6.59% | 6.17% |
| GOOGLAlphabet Inc.Class A | 0.21% | 3.25% | 3.04% |
| AVGOBroadcom Inc | 0.44% | 2.77% | 2.33% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 0.36% | 1.42% | 1.06% |
| JNJJohnson & Johnson - Common | 0.39% | 0.95% | 0.56% |
| XOMExxon Mobil Corp. | 0.40% | 0.88% | 0.48% |
| AMATApplied Materials, Inc. | 0.36% | 0.89% | 0.53% |
| LRCXLrcx Uw Equity | 0.32% | 0.84% | 0.52% |
| CATCaterpillar, Inc. | 0.36% | 0.76% | 0.40% |
65.2% 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.
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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 +18.95% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (11 years), JPUS annualized +11.21% vs +14.41% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPUS or VOO?
JPUS and VOO have been equally volatile, both at 15.1% annualized. 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 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between JPUS and VOO?
65.2% of JPUS's money is in holdings VOO also owns. 50.3% of VOO's is in holdings JPUS also owns. They hold 222 positions in common, counted across the 369 positions we hold weights for in JPUS and 505 in VOO.
Which pays a higher dividend, JPUS or VOO?
JPUS yields 1.97% while VOO yields 1.08%, so JPUS currently pays the higher dividend yield.
Is VOO better than JPUS?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. JPUS is less concentrated, with 4.6% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.