IVV vs JVAL
IVV vs JVAL
iShares Core S&P 500 ETF vs JPMorgan US Value Factor ETF
Quick Verdict
IVV has a lower expense ratio. JVAL delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | JVAL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.12% | |
| AUM | $865.2B | $834M | |
| Dividend Yield | 1.09% | 2.08% | |
| Holdings | 508 | 390 | |
| YTD Return | +13.52% | +21.75% | |
| 1Y Return | +23.63% | +36.17% | |
| 3Y Return (annualized) | +21.26% | +20.10% | |
| 5Y Return (annualized) | +13.52% | +13.07% | |
| Volatility (annualized) | 15.1% | 18.3% | |
| Max Drawdown | -56.5% | -40.4% | |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 8, 2017 |
IVV vs JVAL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and JPMorgan US Value Factor ETF (JVAL) is a ETF from J.P. Morgan Asset Management. Over the past year IVV returned +23.63% while JVAL returned +36.17%. Year to date, IVV is up 13.52% versus a gain of 21.75% for JVAL.
Over three years, IVV compounded at +21.26% per year against +20.10% for JVAL; over five years the annualized figures are +13.52% and +13.07% respectively. Across the full 9-year window we track, JVAL has the edge at +12.12% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JVAL has been the more volatile fund, with annualized monthly volatility of 18.3% 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 -40.4% for JVAL. 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while JVAL charges 0.12%. On a $10,000 position that is $3 vs $12 annually, a gap of $9 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.08% for JVAL.
Holdings Overlap
IVV and JVAL share 187 holdings out of 695 unique holdings combined, representing a 32.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in JVAL | Difference |
|---|---|---|---|
| NVDA | 7.76% | 1.67% | 6.09% |
| AAPL | 7.44% | 1.92% | 5.52% |
| MSFT | 4.57% | 1.57% | 3.00% |
| GOOGL | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
| INTC | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
See all 10 holdings IVV shares with JVAL Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or JVAL?
IVV has an expense ratio of 0.03% while JVAL charges 0.12%. IVV is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
Which performed better, IVV or JVAL?
Over the past year IVV returned +23.63% vs +36.17% for JVAL, so JVAL leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.04% vs +12.12% for JVAL. Past performance does not guarantee future results.
Which is riskier, IVV or JVAL?
JVAL has been the more volatile fund at 18.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs JVAL -40.4%.
Should I hold both IVV and JVAL?
IVV and JVAL have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and JVAL?
IVV and JVAL share 187 common holdings with a 32.6% weight overlap. Combined, they hold 695 unique securities.
Which pays a higher dividend, IVV or JVAL?
IVV yields 1.09% while JVAL yields 2.08%, so JVAL currently pays the higher dividend yield.
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