JVAL vs VYM
JPMorgan US Value Factor ETF vs Vanguard High Dividend Yield ETF
Which is better, JVAL or VYM?
Each has led over a different period.
VYM has a lower expense ratio. JVAL led over 1Y, 3Y and the full window, VYM over 5Y. The two have moved almost in lockstep, correlation 0.94. JVAL is less concentrated, with 16.4% of the fund in its ten largest positions against 25.8%.
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 | JVAL | VYM |
|---|---|---|
| Expense Ratio | 0.12% | 0.04%Best |
| AUM | $1.1B | $95.8B |
| Dividend Yield | 1.59% | 2.23% |
| Holdings | 397 | 610 |
| YTD Return | +19.73%Best | +15.95% |
| 1Y Return | +25.13%Best | +19.62% |
| 3Y Return (annualized) | +20.85%Best | +19.64% |
| 5Y Return (annualized) | +11.34% | +11.48%Best |
| Volatility (annualized) | 18.0% | 15.1%Best |
| Max Drawdown | -40.4% | -35.7%Best |
| $10,000 over 5 years | $17,110 | $17,218Best |
| Top 10 Weight | 16.4%Best | 25.8% |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 8, 2017 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 9, 2017 to Nov 13, 2026 (9 years).
JVAL 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 years both funds cover.
JVAL vs VYM Performance
JPMorgan US Value Factor ETF (JVAL) 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 JVAL returned +25.13% while VYM returned +19.62%. Year to date, JVAL is up 19.73% versus a gain of 15.95% for VYM.
Over three years, JVAL compounded at +20.85% per year against +19.64% for VYM; over five years the annualized figures are +11.34% and +11.48% respectively. Across the full 9-year window we track, JVAL has the edge at +11.52% annualized vs +9.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JVAL has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 15.1% 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 -40.4% for JVAL 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JVAL charges 0.12% per year while VYM charges 0.04%. On a $10,000 position that is $12 vs $4 annually, a gap of $8 per year that compounds over a long holding period. On income, JVAL currently yields 1.59% against 2.23% for VYM.
Holdings Overlap
56.1% of JVAL's money is in holdings VYM also owns. 50.8% of VYM's money is in holdings JVAL also owns.
The two portfolios partly overlap.
The two holdings books were reported 63 days apart, JVAL as of Nov 2, 2026 and VYM as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
221 positions in common, counted across the 381 positions we hold weights for in JVAL and 602 in VYM, against full books of 397 and 610.
What only one of them owns
Our book lists 356 positions for VYM that do not appear in our book for JVAL (47.8% of the fund), and 158 for JVAL that do not appear in VYM (41.9%).
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 JVAL | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 1.63% | 6.94% | 5.31% |
| JNJJohnson & Johnson - Common | 1.65% | 2.58% | 0.93% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 1.76% | 1.04% |
| MRKMerck & Co. Inc. | 0.94% | 1.47% | 0.53% |
| CVXChevron Corp. | 0.83% | 1.54% | 0.71% |
| BACBank Of America Corp. | 0.42% | 1.65% | 1.23% |
| UNHUnitedhealth Group Inc. | 0.57% | 1.42% | 0.85% |
| HDHome Depot Inc/The | 0.60% | 1.32% | 0.72% |
| TXNTexas Instruments, Inc | 0.95% | 0.96% | 0.01% |
| IBMInternational Business Machines Corp. | 0.84% | 0.89% | 0.05% |
56.1% of JVAL is already inside VYM.
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, JVAL or VYM?
JVAL has an expense ratio of 0.12% while VYM charges 0.04%. VYM is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, JVAL or VYM?
Over the past year JVAL returned +25.13% vs +19.62% for VYM, so JVAL leads on 1-year performance. Over the longest common window we track (9 years), JVAL annualized +11.52% vs +9.97% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JVAL or VYM?
JVAL has been the more volatile fund at 18.0% annualized versus 15.1% for VYM. Worst drawdown: JVAL -40.4% vs VYM -35.7%.
Should I hold both JVAL and VYM?
JVAL and VYM have a monthly-return correlation of 0.94, 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 JVAL and VYM?
56.1% of JVAL's money is in holdings VYM also owns. 50.8% of VYM's is in holdings JVAL also owns. They hold 221 positions in common, counted across the 381 positions we hold weights for in JVAL and 602 in VYM.
Which pays a higher dividend, JVAL or VYM?
JVAL yields 1.59% while VYM yields 2.23%, so VYM currently pays the higher dividend yield.
Is VYM better than JVAL?
VYM has a lower expense ratio. JVAL led over 1Y, 3Y and the full window, VYM over 5Y. The two have moved almost in lockstep, correlation 0.94. JVAL is less concentrated, with 16.4% of the fund in its ten largest positions against 25.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.