JPUS vs VYM

JPUS vs VYM

Which is better, JPUS or VYM?

Nearly the same fund. VYM costs less.

VYM has a lower expense ratio. JPUS led over the full window, VYM over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.96. JPUS is less concentrated, with 4.6% of the fund in its ten largest positions against 25.9%.

Lower Fees: VYMHigher Returns: splitLess Concentrated: JPUS

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

MetricJPUSVYM
Expense Ratio0.18%0.04%Best
AUM$470M$81.6B
Dividend Yield1.97%2.24%
Holdings375613
YTD Return+15.99%Best+14.82%
1Y Return+18.95%+20.84%Best
3Y Return (annualized)+16.31%+18.64%Best
5Y Return (annualized)+9.87%+12.28%Best
Volatility (annualized)15.1%13.9%Best
Max Drawdown-38.7%-35.7%Best
$10,000 over 5 years$16,010$17,845Best
Top 10 Weight4.6%Best25.9%
Fund FamilyJ.P. Morgan Asset ManagementVanguard (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Value
InceptionSep 29, 2015Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2015 to Sep 4, 2026 (10.9 years).

JPUS 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 10.9 years both funds cover.

JPUS vs VYM Performance

JPMorgan Diversified Return US Equity ETF (JPUS) 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 JPUS returned +18.95% while VYM returned +20.84%. Year to date, JPUS is up 15.99% versus a gain of 14.82% for VYM.

Over three years, JPUS compounded at +16.31% per year against +18.64% for VYM; over five years the annualized figures are +9.87% and +12.28% respectively. Across the full 11-year window we track, JPUS has the edge at +11.21% annualized vs +10.82%.

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 13.9% 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 -38.7% for JPUS 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 0.96. 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 VYM charges 0.04%. On a $10,000 position that is $18 vs $4 annually, a gap of $14 per year that compounds over a long holding period. On income, JPUS currently yields 1.97% against 2.24% for VYM.

Holdings Overlap

JPUS already in VYM57.3%
VYM already in JPUS62.8%

57.3% of JPUS's money is in holdings VYM also owns. 62.8% of VYM's money is in holdings JPUS also owns.

The two portfolios partly overlap.

208 positions in common, counted across the 369 positions we hold weights for in JPUS and 603 in VYM, against full books of 375 and 613.

What only one of them owns

Our book lists 364 positions for VYM that do not appear in our book for JPUS (35.0% of the fund), and 148 for JPUS that do not appear in VYM (40.1%).

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

StockWeight in JPUSWeight in VYMDifference
AVGOBroadcom Inc0.44%7.29%6.85%
JNJJohnson & Johnson - Common0.39%2.54%2.15%
XOMExxon Mobil Corp.0.40%2.36%1.96%
CATCaterpillar, Inc.0.36%2.01%1.65%
CSCOCisco Systems Inc. - Ordinary Shares0.39%1.93%1.54%
ABBVAbbvie Inc.0.36%1.85%1.49%
BACBank of America Corp.: Financials0.38%1.56%1.18%
PGProcter & Gamble Company0.34%1.42%1.08%
KOCoca Cola Co.0.41%1.31%0.90%
UNHUnitedhealth Group Incorporated0.14%1.56%1.42%

62.8% of VYM is already inside JPUS.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

JPUSVYM

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Frequently Asked Questions

Which is cheaper, JPUS or VYM?

JPUS has an expense ratio of 0.18% while VYM charges 0.04%. VYM is the cheaper option, by $14 a year on a $10,000 investment.

Which performed better, JPUS or VYM?

Over the past year JPUS returned +18.95% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (11 years), JPUS annualized +11.21% vs +10.82% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, JPUS or VYM?

JPUS has been the more volatile fund at 15.1% annualized versus 13.9% for VYM. Worst drawdown: JPUS -38.7% vs VYM -35.7%.

Should I hold both JPUS and VYM?

JPUS and VYM have a monthly-return correlation of 0.96, 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 VYM?

62.8% of VYM's money is in holdings JPUS also owns. 62.8% of VYM's is in holdings JPUS also owns. They hold 208 positions in common, counted across the 369 positions we hold weights for in JPUS and 603 in VYM.

Which pays a higher dividend, JPUS or VYM?

JPUS yields 1.97% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.

Is VYM better than JPUS?

VYM has a lower expense ratio. JPUS led over the full window, VYM over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.96. JPUS is less concentrated, with 4.6% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.