JPIE vs QQQ
JPIE vs QQQ
JPMorgan Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. JPIE offers more diversification with 1591 holdings.
Side-by-Side Comparison
| Metric | JPIE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.18% | |
| AUM | $10.2B | $455.8B | |
| Dividend Yield | 5.73% | 0.41% | |
| Holdings | 2,467 | 108 | |
| YTD Return | +1.82% | +12.48% | |
| 1Y Return | +4.92% | +22.35% | |
| 3Y Return (annualized) | +6.70% | +22.30% | |
| 5Y Return (annualized) | - | +14.24% | |
| Volatility (annualized) | 4.3% | 30.6% | |
| Max Drawdown | -10.0% | -83.0% | |
| Fund Family | J.P. Morgan Asset Management | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Oct 28, 2021 | Mar 10, 1999 |
JPIE vs QQQ Performance
JPMorgan Income ETF (JPIE) 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 JPIE returned +4.92% while QQQ returned +22.35%. Year to date, JPIE is up 1.82% versus a gain of 12.48% for QQQ.
Over three years, JPIE compounded at +6.70% per year against +22.30% for QQQ. Across the full 5-year window we track, QQQ has the edge at +12.91% annualized vs +3.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 4.3% for JPIE. 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 -10.0% for JPIE 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JPIE charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, JPIE currently yields 5.73% against 0.41% for QQQ.
Holdings Overlap
JPIE and QQQ share 0 holdings out of 1694 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, JPIE or QQQ?
JPIE has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, JPIE or QQQ?
Over the past year JPIE returned +4.92% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), JPIE annualized +3.39% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, JPIE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 4.3% for JPIE. Worst drawdown: JPIE -10.0% vs QQQ -83.0%.
Should I hold both JPIE and QQQ?
JPIE and QQQ have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JPIE and QQQ?
JPIE and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1694 unique securities.
Which pays a higher dividend, JPIE or QQQ?
JPIE yields 5.73% while QQQ yields 0.41%, so JPIE currently pays the higher dividend yield.
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