JPST vs VYM
JPST vs VYM
JPMorgan Ultra-Short Income ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | JPST | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.04% | |
| AUM | $40.4B | $79.0B | |
| Dividend Yield | 4.55% | 2.86% | |
| Holdings | 794 | 568 | |
| YTD Return | +1.89% | +13.24% | |
| 1Y Return | +4.10% | +23.76% | |
| 3Y Return (annualized) | +5.10% | +16.97% | |
| 5Y Return (annualized) | +3.71% | +12.26% | |
| Volatility (annualized) | 1.1% | 14.6% | |
| Max Drawdown | -3.3% | -58.8% | |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | May 17, 2017 | Nov 10, 2006 |
JPST vs VYM Performance
JPMorgan Ultra-Short Income ETF (JPST) is a ETF from J.P. Morgan Asset Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year JPST returned +4.10% while VYM returned +23.76%. Year to date, JPST is up 1.89% versus a gain of 13.24% for VYM.
Over three years, JPST compounded at +5.10% per year against +16.97% for VYM; over five years the annualized figures are +3.71% and +12.26% respectively. Across the full 9-year window we track, VYM has the edge at +6.96% annualized vs +2.19%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 1.1% for JPST. 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 -3.3% for JPST and -58.8% for VYM. 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 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JPST charges 0.18% per year while VYM charges 0.04%. On a $10,000 position that is $18 vs $4 annually, a gap of $14 per year that compounds over a long holding period. On income, JPST currently yields 4.55% against 2.86% for VYM.
Holdings Overlap
JPST and VYM share 0 holdings out of 1093 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, JPST or VYM?
JPST has an expense ratio of 0.18% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, JPST or VYM?
Over the past year JPST returned +4.10% vs +23.76% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (9 years), JPST annualized +2.19% vs +6.96% for VYM. Past performance does not guarantee future results.
Which is riskier, JPST or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 1.1% for JPST. Worst drawdown: JPST -3.3% vs VYM -58.8%.
Should I hold both JPST and VYM?
JPST and VYM have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JPST and VYM?
JPST and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1093 unique securities.
Which pays a higher dividend, JPST or VYM?
JPST yields 4.55% while VYM yields 2.86%, so JPST currently pays the higher dividend yield.
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