IVV vs JSI
iShares Core S&P 500 ETF vs Janus Henderson Securitized Income ETF
Which is better, IVV or JSI?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 51.8%.
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 | JSI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.50% |
| AUM | $896.5B | $1.5B |
| Dividend Yield | 1.10% | 6.59% |
| Holdings | 508 | 588 |
| YTD Return | +13.59%Best | +0.23% |
| 1Y Return | +17.54%Best | +1.50% |
| 3Y Return (annualized) | +22.46%Best | +6.02% |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 11.6% | 2.7%Best |
| Max Drawdown | -18.8% | -2.3%Best |
| $10,000 over 2.9 years | $18,322Best | $11,847 |
| Top 10 Weight | 38.9%Best | 51.8% |
| Fund Family | iShares by BlackRock (US) | Janus Henderson Investors |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | - |
| Inception | May 15, 2000 | Nov 8, 2023 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 9, 2023 to Oct 14, 2026 (2.9 years).
IVV vs JSI 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 2.9 years both funds cover.
IVV vs JSI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Janus Henderson Securitized Income ETF (JSI) is an ETF from Janus Henderson Investors. Over the past year IVV returned +17.54% while JSI returned +1.50%. Year to date, IVV is up 13.59% versus a gain of 0.23% for JSI.
Over three years, IVV compounded at +22.46% per year against +6.02% for JSI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 2.7% for JSI. 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 -18.8% for IVV and -2.3% for JSI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while JSI charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 6.59% for JSI.
Holdings Overlap
We hold position weights for 506 holdings in IVV and 50 in JSI, totalling 99.9% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 506 positions we hold weights for in IVV and 50 in JSI, against full books of 508 and 588.
What only one of them owns
Our book lists 1 positions for JSI that do not appear in our book for IVV (1.0% of the fund), and 500 for IVV that do not appear in JSI (99.4%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and JSI 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 JSI?
IVV has an expense ratio of 0.03% while JSI charges 0.50%. IVV is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, IVV or JSI?
Over the past year IVV returned +17.54% vs +1.50% for JSI, 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 JSI?
IVV has been the more volatile fund at 11.6% annualized versus 2.7% for JSI. Worst drawdown: IVV -18.8% vs JSI -2.3%.
Should I hold both IVV and JSI?
IVV and JSI have a monthly-return correlation of 0.39, 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 JSI?
IVV yields 1.10% while JSI yields 6.59%, so JSI currently pays the higher dividend yield.
Is JSI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 51.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.