IWN vs JPSV
iShares Russell 2000 Value ETF vs JPMorgan Active Small Cap Value ETF
Which is better, IWN or JPSV?
Nearly the same fund. IWN costs less.
IWN has a lower expense ratio. IWN led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. IWN is less concentrated, with 5.4% of the fund in its ten largest positions against 16.4%.
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 | IWN | JPSV |
|---|---|---|
| Expense Ratio | 0.24%Best | 0.55% |
| AUM | $13.8B | $28M |
| Dividend Yield | 1.55% | 1.26% |
| Holdings | 1,393 | 222 |
| YTD Return | +14.77%Best | +13.49% |
| 1Y Return | +17.60%Best | +15.56% |
| 3Y Return (annualized) | +18.07%Best | +12.21% |
| 5Y Return (annualized) | +6.58% | - |
| Volatility (annualized) | 18.8% | 16.1%Best |
| Max Drawdown | -26.7% | -22.8%Best |
| $10,000 over 3.6 years | $15,208Best | $13,615 |
| Top 10 Weight | 5.4%Best | 16.4% |
| Fund Family | iShares by BlackRock (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Small Cap Value |
| Inception | Jul 24, 2000 | Mar 7, 2023 |
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Mar 8, 2023 to Oct 14, 2026 (3.6 years).
IWN vs JPSV 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 3.6 years both funds cover.
IWN vs JPSV Performance
iShares Russell 2000 Value ETF (IWN) is an ETF from iShares by BlackRock (US) and JPMorgan Active Small Cap Value ETF (JPSV) is an ETF from J.P. Morgan Asset Management. Over the past year IWN returned +17.60% while JPSV returned +15.56%. Year to date, IWN is up 14.77% versus a gain of 13.49% for JPSV.
Over three years, IWN compounded at +18.07% per year against +12.21% for JPSV. Across the full 4-year window we track, IWN has the edge at +12.35% annualized vs +8.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWN has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 16.1% for JPSV. 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 -26.7% for IWN and -22.8% for JPSV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IWN charges 0.24% per year while JPSV charges 0.55%. On a $10,000 position that is $24 vs $55 annually, a gap of $31 per year that compounds over a long holding period. On income, IWN currently yields 1.55% against 1.26% for JPSV.
Holdings Overlap
13.2% of IWN's money is in holdings JPSV also owns. 67.0% of JPSV's money is in holdings IWN also owns.
The two portfolios partly overlap.
73 positions in common, counted across the 1,290 positions we hold weights for in IWN and 113 in JPSV, against full books of 1,393 and 222.
What only one of them owns
Our book lists 39 positions for JPSV that do not appear in our book for IWN (32.3% of the fund), and 1,060 for IWN that do not appear in JPSV (80.9%).
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 IWN | Weight in JPSV | Difference |
|---|---|---|---|
| NSITInsight Enterprises Inc | 0.33% | 2.22% | 1.89% |
| ONBOld National Bancorp/In Common Stock | 0.53% | 1.71% | 1.18% |
| SIGISelective Insurance Group Inc | 0.35% | 1.60% | 1.25% |
| LIVNLivanova Plc Ordinary Shares | 0.22% | 1.55% | 1.33% |
| WSBCWesbanco, Inc. | 0.25% | 1.44% | 1.19% |
| SMSm Energy Co | 0.55% | 1.10% | 0.55% |
| AVNTAvient Corp | 0.26% | 1.36% | 1.10% |
| WSFSWsfs Financial Corp Common Stock | 0.27% | 1.35% | 1.08% |
| CARSCars.Com Inc | 0.03% | 1.58% | 1.55% |
| GHCGraham Holdings Co | 0.25% | 1.32% | 1.07% |
67.0% of JPSV is already inside IWN.
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, IWN or JPSV?
IWN has an expense ratio of 0.24% while JPSV charges 0.55%. IWN is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, IWN or JPSV?
Over the past year IWN returned +17.60% vs +15.56% for JPSV, so IWN leads on 1-year performance. Over the longest common window we track (4 years), IWN annualized +12.35% vs +8.95% for JPSV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IWN or JPSV?
IWN has been the more volatile fund at 18.8% annualized versus 16.1% for JPSV. Worst drawdown: IWN -26.7% vs JPSV -22.8%.
Should I hold both IWN and JPSV?
IWN and JPSV have a monthly-return correlation of 0.96, 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 IWN and JPSV?
67.0% of JPSV's money is in holdings IWN also owns. 67.0% of JPSV's is in holdings IWN also owns. They hold 73 positions in common, counted across the 1,290 positions we hold weights for in IWN and 113 in JPSV.
Which pays a higher dividend, IWN or JPSV?
IWN yields 1.55% while JPSV yields 1.26%, so IWN currently pays the higher dividend yield.
Is JPSV better than IWN?
IWN has a lower expense ratio. IWN led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. IWN is less concentrated, with 5.4% of the fund in its ten largest positions against 16.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.