IWD vs JAVA
iShares Russell 1000 Value ETF vs JPMorgan Active Value ETF
Which is better, IWD or JAVA?
Nearly the same fund. IWD costs less.
IWD has a lower expense ratio. IWD led over 1Y, 3Y and the full window, JAVA over 5Y. The two have moved almost in lockstep, correlation 0.98. IWD is less concentrated, with 29.7% of the fund in its ten largest positions against 29.8%.
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 | IWD | JAVA |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.44% |
| AUM | $83.2B | $7.4B |
| Dividend Yield | 1.43% | 1.19% |
| Holdings | 869 | 153 |
| YTD Return | +21.07%Best | +13.15% |
| 1Y Return | +27.09%Best | +20.54% |
| 3Y Return (annualized) | +20.91%Best | +18.31% |
| 5Y Return (annualized) | +11.56% | +11.63%Best |
| Volatility (annualized) | 14.9% | 14.4%Best |
| Max Drawdown | -19.0% | -16.5%Best |
| $10,000 over 5 years | $17,280 | $17,334Best |
| Top 10 Weight | 29.7%Best | 29.8% |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 22, 2000 | Oct 4, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Oct 5, 2021 to Oct 14, 2026 (5 years).
IWD vs JAVA 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 5 years both funds cover.
IWD vs JAVA Performance
iShares Russell 1000 Value ETF (IWD) is an ETF from iShares by BlackRock (US) and JPMorgan Active Value ETF (JAVA) is an ETF from J.P. Morgan Asset Management. Over the past year IWD returned +27.09% while JAVA returned +20.54%. Year to date, IWD is up 21.07% versus a gain of 13.15% for JAVA.
Over three years, IWD compounded at +20.91% per year against +18.31% for JAVA; over five years the annualized figures are +11.56% and +11.63% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWD has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 14.4% for JAVA. 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 -19.0% for IWD and -16.5% for JAVA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IWD charges 0.18% per year while JAVA charges 0.44%. On a $10,000 position that is $18 vs $44 annually, a gap of $26 per year that compounds over a long holding period. On income, IWD currently yields 1.43% against 1.19% for JAVA.
Holdings Overlap
56.8% of IWD's money is in holdings JAVA also owns. 91.0% of JAVA's money is in holdings IWD also owns.
Most of JAVA is already inside IWD. Owning both mostly buys the same companies twice.
131 positions in common, counted across the 871 positions we hold weights for in IWD and 151 in JAVA, against full books of 869 and 153.
What only one of them owns
Our book lists 19 positions for JAVA that do not appear in our book for IWD (8.8% of the fund), and 663 for IWD that do not appear in JAVA (41.6%).
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 IWD | Weight in JAVA | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 6.06% | 7.63% | 1.57% |
| MSFTMicrosoft Corp_None_0 | 5.23% | 6.29% | 1.06% |
| AAPLApple Inc | 6.01% | 3.41% | 2.60% |
| BRK.ABerkshire Hathaway Inc | 2.56% | 1.30% | 1.26% |
| BACBank Amer Secs Inc | 0.89% | 2.19% | 1.30% |
| JNJJohnson & Johnson - Common | 1.71% | 1.26% | 0.45% |
| ABBVAbbvie Inc. | 1.16% | 1.77% | 0.61% |
| WFCWells Fargo And Co Preferred Stock Var | 0.67% | 2.13% | 1.46% |
| XOMExxon Mobil Corp | 1.85% | 0.65% | 1.20% |
| METAMeta Platforms, Inc. | 0.80% | 1.60% | 0.80% |
91.0% of JAVA is already inside IWD.
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, IWD or JAVA?
IWD has an expense ratio of 0.18% while JAVA charges 0.44%. IWD is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, IWD or JAVA?
Over the past year IWD returned +27.09% vs +20.54% for JAVA, so IWD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IWD or JAVA?
IWD has been the more volatile fund at 14.9% annualized versus 14.4% for JAVA. Worst drawdown: IWD -19.0% vs JAVA -16.5%.
Should I hold both IWD and JAVA?
IWD and JAVA have a monthly-return correlation of 0.98, 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 IWD and JAVA?
91.0% of JAVA's money is in holdings IWD also owns. 91.0% of JAVA's is in holdings IWD also owns. They hold 131 positions in common, counted across the 871 positions we hold weights for in IWD and 151 in JAVA.
Which pays a higher dividend, IWD or JAVA?
IWD yields 1.43% while JAVA yields 1.19%, so IWD currently pays the higher dividend yield.
Is JAVA better than IWD?
IWD has a lower expense ratio. IWD led over 1Y, 3Y and the full window, JAVA over 5Y. The two have moved almost in lockstep, correlation 0.98. IWD is less concentrated, with 29.7% of the fund in its ten largest positions against 29.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.