IVV vs JCPI
iShares Core S&P 500 ETF vs JPMorgan Inflation Managed Bond ETF
Which is better, IVV or JCPI?
Large Cap Blend against Inflation Protection.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
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 | IVV | JCPI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.25% |
| AUM | $896.5B | $903M |
| Dividend Yield | 1.10% | 4.32% |
| Holdings | 508 | 1,604 |
| YTD Return | +13.59%Best | -0.91% |
| 1Y Return | +17.54%Best | -1.43% |
| 3Y Return (annualized) | +22.46%Best | +4.97% |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 15.0% | 5.2%Best |
| Max Drawdown | -19.2% | -7.8%Best |
| $10,000 over 4.5 years | $18,697Best | $11,053 |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Inflation Protection |
| Inception | May 15, 2000 | Apr 8, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Apr 12, 2022 to Oct 14, 2026 (4.5 years).
IVV vs JCPI 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 4.5 years both funds cover.
IVV vs JCPI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and JPMorgan Inflation Managed Bond ETF (JCPI) is an ETF from J.P. Morgan Asset Management. Over the past year IVV returned +17.54% while JCPI returned -1.43%. Year to date, IVV is up 13.59% versus a loss of 0.91% for JCPI.
Over three years, IVV compounded at +22.46% per year against +4.97% for JCPI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 5.2% for JCPI. 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 -19.2% for IVV and -7.8% for JCPI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while JCPI charges 0.25%. On a $10,000 position that is $3 vs $25 annually, a gap of $22 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 4.32% for JCPI.
Holdings Overlap
At least 0.2% of IVV's money is in holdings JCPI also owns.
Stated as a floor: for JCPI, our book for it covers 51.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 506 positions we hold weights for in IVV and 386 in JCPI, against full books of 508 and 1,604.
You are not choosing between two funds in isolation.
Whichever of IVV and JCPI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or JCPI?
IVV has an expense ratio of 0.03% while JCPI charges 0.25%. IVV is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, IVV or JCPI?
Over the past year IVV returned +17.54% vs -1.43% for JCPI, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or JCPI?
IVV has been the more volatile fund at 15.0% annualized versus 5.2% for JCPI. Worst drawdown: IVV -19.2% vs JCPI -7.8%.
Should I hold both IVV and JCPI?
IVV and JCPI have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or JCPI?
IVV yields 1.10% while JCPI yields 4.32%, so JCPI currently pays the higher dividend yield.
Is JCPI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.