JUSA vs VOO
JPMorgan US Research Enhanced Large Cap ETF vs Vanguard S&P 500 ETF
Which is better, JUSA or VOO?
Nearly the same fund. VOO costs less.
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 1.00. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 38.6%.
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 | JUSA | VOO |
|---|---|---|
| Expense Ratio | 0.12% | 0.03%Best |
| AUM | $702M | $997.4B |
| Dividend Yield | 0.55% | 1.04% |
| Holdings | 249 | 509 |
| YTD Return | +10.84% | +11.55%Best |
| 1Y Return | +16.66% | +17.54%Best |
| 3Y Return (annualized) | - | +20.71% |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 11.8%Best | 12.2% |
| Max Drawdown | -14.0% | -13.6%Best |
| $10,000 over 1.5 years | $13,545 | $13,735Best |
| Top 10 Weight | 38.6% | 36.4%Best |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 13, 2025 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 14, 2025 to Sep 10, 2026 (1.5 years).
JUSA 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 1.5 years both funds cover.
JUSA vs VOO Performance
JPMorgan US Research Enhanced Large Cap ETF (JUSA) 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 JUSA returned +16.66% while VOO returned +17.54%. Year to date, JUSA is up 10.84% versus a gain of 11.55% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 11.8% for JUSA. 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 -14.0% for JUSA and -13.6% 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 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JUSA charges 0.12% per year while VOO charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, JUSA currently yields 0.55% against 1.04% for VOO.
Holdings Overlap
97.7% of JUSA's money is in holdings VOO also owns. 83.1% of VOO's money is in holdings JUSA also owns.
Most of JUSA is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 62 days apart, JUSA as of Aug 31, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
234 positions in common, counted across the 252 positions we hold weights for in JUSA and 505 in VOO, against full books of 249 and 509.
What only one of them owns
Our book lists 261 positions for VOO that do not appear in our book for JUSA (16.3% of the fund), and 10 for JUSA that do not appear in VOO (1.8%).
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 JUSA | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.39% | 7.51% | 0.88% |
| AAPLApple, Inc | 6.72% | 6.59% | 0.13% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.15% | 4.30% | 1.85% |
| AMZNAmazon.Com Inc | 4.19% | 3.62% | 0.57% |
| GOOGLAlphabet A Usd 0.001 | 3.02% | 3.25% | 0.23% |
| AVGOBroadcom Inc | 2.74% | 2.77% | 0.03% |
| GOOGAlphabet Inc | 2.37% | 2.59% | 0.22% |
| METAMeta Platforms, Inc. | 1.98% | 1.92% | 0.06% |
| MUMicron Technology, Inc. | 1.74% | 2.02% | 0.28% |
| TSLATesla Inc | 1.33% | 1.84% | 0.51% |
97.7% of JUSA 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, JUSA or VOO?
JUSA has an expense ratio of 0.12% while VOO charges 0.03%. VOO is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, JUSA or VOO?
Over the past year JUSA returned +16.66% vs +17.54% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), JUSA annualized +22.42% vs +23.56% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JUSA or VOO?
VOO has been the more volatile fund at 12.2% annualized versus 11.8% for JUSA. Worst drawdown: JUSA -14.0% vs VOO -13.6%.
Should I hold both JUSA and VOO?
JUSA and VOO have a monthly-return correlation of 1.00, 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 JUSA and VOO?
97.7% of JUSA's money is in holdings VOO also owns. 83.1% of VOO's is in holdings JUSA also owns. They hold 234 positions in common, counted across the 252 positions we hold weights for in JUSA and 505 in VOO.
Which pays a higher dividend, JUSA or VOO?
JUSA yields 0.55% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than JUSA?
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 1.00. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 38.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.