ILOW vs JIRE
AB International Low Volatility Equity ETF vs JPMorgan International Research Enhanced Equity ETF
Which is better, ILOW or JIRE?
Each has led over a different period.
JIRE has a lower expense ratio. ILOW led over the full window, JIRE over 1Y. The two have moved almost in lockstep, correlation 0.93. JIRE is less concentrated, with 16.7% of the fund in its ten largest positions against 21.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ILOW | JIRE |
|---|---|---|
| Expense Ratio | 0.50% | 0.24%Best |
| AUM | $1.8B | $11.0B |
| Dividend Yield | 1.49% | 2.73% |
| Holdings | 102 | 216 |
| YTD Return | +6.00% | +7.25%Best |
| 1Y Return | +8.93% | +13.67%Best |
| 3Y Return (annualized) | - | +17.60% |
| Volatility (annualized) | 10.2%Best | 11.8% |
| Max Drawdown | -10.4%Best | -13.6% |
| $10,000 over 2.2 years | $13,279Best | $13,269 |
| Top 10 Weight | 21.0% | 16.7%Best |
| Fund Family | AllianceBernstein L.P. | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 15, 2024 | Jun 10, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 15, 2024 to Oct 14, 2026 (2.2 years).
ILOW vs JIRE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
ILOW vs JIRE Performance
AB International Low Volatility Equity ETF (ILOW) is an ETF from AllianceBernstein L.P. and JPMorgan International Research Enhanced Equity ETF (JIRE) is an ETF from J.P. Morgan Asset Management. Over the past year ILOW returned +8.93% while JIRE returned +13.67%. Year to date, ILOW is up 6.00% versus a gain of 7.25% for JIRE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JIRE has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 10.2% for ILOW. 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 -10.4% for ILOW and -13.6% for JIRE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ILOW charges 0.50% per year while JIRE charges 0.24%. On a $10,000 position that is $50 vs $24 annually, a gap of $26 per year that compounds over a long holding period. On income, ILOW currently yields 1.49% against 2.73% for JIRE.
Holdings Overlap
31.8% of ILOW's money is in holdings JIRE also owns. 21.3% of JIRE's money is in holdings ILOW also owns.
The two portfolios partly overlap.
24 positions in common, counted across the 85 positions we hold weights for in ILOW and 206 in JIRE, against full books of 102 and 216.
What only one of them owns
Our book lists 5 positions for JIRE that do not appear in our book for ILOW (2.9% of the fund), and 1 for ILOW that do not appear in JIRE (2.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ILOW | Weight in JIRE | Difference |
|---|---|---|---|
| ASML:ASASML HOLDING NV | 3.12% | 3.82% | 0.70% |
| ROP:SMRoche Ps Par Ag | 1.84% | 1.29% | 0.55% |
| AZN:LNAstraZeneca PLC | 1.37% | 1.65% | 0.28% |
| SHELShell Plc | 1.61% | 1.32% | 0.29% |
| NOVN:SMNovartis Ag Ordinary Shares | 1.71% | 1.15% | 0.56% |
| UCG:MIUnicredit Spa | 1.62% | 1.16% | 0.46% |
| SAF:PASafran Sa | 1.45% | 1.28% | 0.17% |
| 8306:TKMitsubishi Ufj Financial Group Inc | 1.72% | 0.65% | 1.07% |
| 6758:JPSony Group Corp. | 1.40% | 0.95% | 0.45% |
| BAES:LNBae Systems Plc | 1.80% | 0.47% | 1.33% |
31.8% of ILOW is already inside JIRE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ILOW or JIRE?
ILOW has an expense ratio of 0.50% while JIRE charges 0.24%. JIRE is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, ILOW or JIRE?
Over the past year ILOW returned +8.93% vs +13.67% for JIRE, so JIRE leads on 1-year performance. Over the longest common window we track (2 years), ILOW annualized +13.76% vs +13.72% for JIRE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ILOW or JIRE?
JIRE has been the more volatile fund at 11.8% annualized versus 10.2% for ILOW. Worst drawdown: ILOW -10.4% vs JIRE -13.6%.
Should I hold both ILOW and JIRE?
ILOW and JIRE have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ILOW and JIRE?
31.8% of ILOW's money is in holdings JIRE also owns. 21.3% of JIRE's is in holdings ILOW also owns. They hold 24 positions in common, counted across the 85 positions we hold weights for in ILOW and 206 in JIRE.
Which pays a higher dividend, ILOW or JIRE?
ILOW yields 1.49% while JIRE yields 2.73%, so JIRE currently pays the higher dividend yield.
Is JIRE better than ILOW?
JIRE has a lower expense ratio. ILOW led over the full window, JIRE over 1Y. The two have moved almost in lockstep, correlation 0.93. JIRE is less concentrated, with 16.7% of the fund in its ten largest positions against 21.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.