JBND vs QQQ
JBND vs QQQ
JPMorgan Active Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. JBND offers more diversification with 435 holdings.
Side-by-Side Comparison
| Metric | JBND | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.18% | |
| AUM | $8.5B | $455.8B | |
| Dividend Yield | 4.00% | 0.41% | |
| Holdings | 1,579 | 108 | |
| YTD Return | -0.33% | +12.48% | |
| 1Y Return | +3.21% | +22.35% | |
| 3Y Return (annualized) | - | +22.30% | |
| 5Y Return (annualized) | - | +14.24% | |
| Volatility (annualized) | 5.4% | 30.6% | |
| Max Drawdown | -4.5% | -83.0% | |
| Fund Family | J.P. Morgan Asset Management | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Oct 11, 2023 | Mar 10, 1999 |
JBND vs QQQ Performance
JPMorgan Active Bond ETF (JBND) is a ETF from J.P. Morgan Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year JBND returned +3.21% while QQQ returned +22.35%. Year to date, JBND is down 0.33% versus a gain of 12.48% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 5.4% for JBND. 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 -4.5% for JBND and -83.0% for QQQ. 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JBND charges 0.25% per year while QQQ charges 0.18%. On a $10,000 position that is $25 vs $18 annually, a gap of $7 per year that compounds over a long holding period. On income, JBND currently yields 4.00% against 0.41% for QQQ.
Holdings Overlap
JBND and QQQ share 0 holdings out of 538 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JBND or QQQ?
JBND has an expense ratio of 0.25% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $7 per year of difference.
Which performed better, JBND or QQQ?
Over the past year JBND returned +3.21% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), JBND annualized +6.64% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, JBND or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 5.4% for JBND. Worst drawdown: JBND -4.5% vs QQQ -83.0%.
Should I hold both JBND and QQQ?
JBND and QQQ have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JBND and QQQ?
JBND and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 538 unique securities.
Which pays a higher dividend, JBND or QQQ?
JBND yields 4.00% while QQQ yields 0.41%, so JBND currently pays the higher dividend yield.
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