IVV vs JMEE
IVV vs JMEE
iShares Core S&P 500 ETF vs JPMorgan Small & Mid Cap Enhanced Equity ETF
Quick Verdict
IVV has a lower expense ratio. JMEE delivered stronger 1-year returns. JMEE offers more diversification with 638 holdings.
Side-by-Side Comparison
| Metric | IVV | JMEE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.24% | |
| AUM | $865.2B | $2.9B | |
| Dividend Yield | 1.09% | 0.91% | |
| Holdings | 508 | 664 | |
| YTD Return | +13.31% | +19.70% | |
| 1Y Return | +24.00% | +31.51% | |
| 3Y Return (annualized) | +21.16% | +15.75% | |
| 5Y Return (annualized) | +13.34% | - | |
| Volatility (annualized) | 15.1% | 19.0% | |
| Max Drawdown | -56.5% | -25.4% | |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 6, 2022 |
IVV vs JMEE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and JPMorgan Small & Mid Cap Enhanced Equity ETF (JMEE) is a ETF from J.P. Morgan Asset Management. Over the past year IVV returned +24.00% while JMEE returned +31.51%. Year to date, IVV is up 13.31% versus a gain of 19.70% for JMEE.
Over three years, IVV compounded at +21.16% per year against +15.75% for JMEE. Across the full 4-year window we track, JMEE has the edge at +14.52% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JMEE has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 15.1% for IVV. 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 -56.5% for IVV and -25.4% for JMEE. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while JMEE charges 0.24%. On a $10,000 position that is $3 vs $24 annually, a gap of $21 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.91% for JMEE.
Holdings Overlap
IVV and JMEE share 1 holdings out of 1142 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in JMEE | Difference |
|---|---|---|---|
| PR | 0.62% | 0.30% | 0.32% |
Frequently Asked Questions
Which is cheaper, IVV or JMEE?
IVV has an expense ratio of 0.03% while JMEE charges 0.24%. IVV is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, IVV or JMEE?
Over the past year IVV returned +24.00% vs +31.51% for JMEE, so JMEE leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +7.03% vs +14.52% for JMEE. Past performance does not guarantee future results.
Which is riskier, IVV or JMEE?
JMEE has been the more volatile fund at 19.0% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs JMEE -25.4%.
Should I hold both IVV and JMEE?
IVV and JMEE have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and JMEE?
IVV and JMEE share 1 common holdings with a 0.3% weight overlap. Combined, they hold 1142 unique securities.
Which pays a higher dividend, IVV or JMEE?
IVV yields 1.09% while JMEE yields 0.91%, so IVV currently pays the higher dividend yield.
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