JPLD vs QQQ
JPLD vs QQQ
JPMorgan Limited Duration Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. JPLD offers more diversification with 181 holdings.
Side-by-Side Comparison
| Metric | JPLD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.24% | 0.18% | |
| AUM | $4.0B | $455.8B | |
| Dividend Yield | 4.24% | 0.41% | |
| Holdings | 670 | 108 | |
| YTD Return | +1.62% | +12.48% | |
| 1Y Return | +4.12% | +22.35% | |
| 3Y Return (annualized) | +5.76% | +22.30% | |
| 5Y Return (annualized) | - | +14.24% | |
| Volatility (annualized) | 1.5% | 30.6% | |
| Max Drawdown | -1.2% | -83.0% | |
| Fund Family | J.P. Morgan Asset Management | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 28, 2023 | Mar 10, 1999 |
JPLD vs QQQ Performance
JPMorgan Limited Duration Bond ETF (JPLD) 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 JPLD returned +4.12% while QQQ returned +22.35%. Year to date, JPLD is up 1.62% versus a gain of 12.48% for QQQ.
Over three years, JPLD compounded at +5.76% per year against +22.30% for QQQ. Across the full 3-year window we track, QQQ has the edge at +12.91% annualized vs +5.78%. 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 1.5% for JPLD. 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 -1.2% for JPLD 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 0.31. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JPLD charges 0.24% per year while QQQ charges 0.18%. On a $10,000 position that is $24 vs $18 annually, a gap of $6 per year that compounds over a long holding period. On income, JPLD currently yields 4.24% against 0.41% for QQQ.
Holdings Overlap
JPLD and QQQ share 0 holdings out of 284 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, JPLD or QQQ?
JPLD has an expense ratio of 0.24% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, JPLD or QQQ?
Over the past year JPLD returned +4.12% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), JPLD annualized +5.78% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, JPLD or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 1.5% for JPLD. Worst drawdown: JPLD -1.2% vs QQQ -83.0%.
Should I hold both JPLD and QQQ?
JPLD and QQQ have a monthly-return correlation of 0.31, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JPLD and QQQ?
JPLD and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 284 unique securities.
Which pays a higher dividend, JPLD or QQQ?
JPLD yields 4.24% while QQQ yields 0.41%, so JPLD currently pays the higher dividend yield.
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