JADE vs SPY
JADE vs SPY
JPMorgan Active Developing Markets Equity ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. JADE delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | JADE | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.09% | |
| AUM | $29M | $789.1B | |
| Dividend Yield | 1.10% | 1.01% | |
| Holdings | 155 | 505 | |
| YTD Return | +21.12% | +13.79% | |
| 1Y Return | +44.43% | +23.66% | |
| 3Y Return (annualized) | - | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 15.3% | 15.3% | |
| Max Drawdown | -16.7% | -56.5% | |
| Fund Family | J.P. Morgan Asset Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 16, 2024 | Jan 22, 1993 |
JADE vs SPY Performance
JPMorgan Active Developing Markets Equity ETF (JADE) is a ETF from J.P. Morgan Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year JADE returned +44.43% while SPY returned +23.66%. Year to date, JADE is up 21.12% versus a gain of 13.79% for SPY.
Risk: Volatility and Drawdowns
JADE has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 15.3% for SPY. 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 -16.7% for JADE and -56.5% for SPY. 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JADE charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, JADE currently yields 1.10% against 1.01% for SPY.
Holdings Overlap
JADE and SPY share 1 holdings out of 637 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in JADE | Weight in SPY | Difference |
|---|---|---|---|
| MPWR | 0.35% | 0.10% | 0.25% |
Frequently Asked Questions
Which is cheaper, JADE or SPY?
JADE has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, JADE or SPY?
Over the past year JADE returned +44.43% vs +23.66% for SPY, so JADE leads on 1-year performance. Over the longest common window we track (2 years), JADE annualized +26.28% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, JADE or SPY?
JADE has been the more volatile fund at 15.3% annualized versus 15.3% for SPY. Worst drawdown: JADE -16.7% vs SPY -56.5%.
Should I hold both JADE and SPY?
JADE and SPY have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JADE and SPY?
JADE and SPY share 1 common holdings with a 0.1% weight overlap. Combined, they hold 637 unique securities.
Which pays a higher dividend, JADE or SPY?
JADE yields 1.10% while SPY yields 1.01%, so JADE currently pays the higher dividend yield.
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