JMOM vs VONE
JPMorgan US Momentum Factor ETF vs Vanguard Russell 1000 ETF
Which is better, JMOM or VONE?
Nearly the same fund. VONE costs less.
VONE has a lower expense ratio. JMOM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. JMOM is less concentrated, with 19.1% of the fund in its ten largest positions against 34.9%.
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 | JMOM | VONE |
|---|---|---|
| Expense Ratio | 0.12% | 0.06%Best |
| AUM | $2.8B | $8.9B |
| Dividend Yield | 0.75% | 1.02% |
| Holdings | 594 | 1,027 |
| YTD Return | +20.05%Best | +13.02% |
| 1Y Return | +22.67%Best | +16.73% |
| 3Y Return (annualized) | +26.39%Best | +22.11% |
| 5Y Return (annualized) | +13.72%Best | +12.44% |
| Volatility (annualized) | 17.4% | 16.5%Best |
| Max Drawdown | -34.3%Best | -34.7% |
| $10,000 over 5 years | $19,019Best | $17,972 |
| Top 10 Weight | 19.1%Best | 34.9% |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 8, 2017 | Sep 20, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Nov 9, 2017 to Oct 14, 2026 (8.9 years).
JMOM vs VONE 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 8.9 years both funds cover.
JMOM vs VONE Performance
JPMorgan US Momentum Factor ETF (JMOM) is an ETF from J.P. Morgan Asset Management and Vanguard Russell 1000 ETF (VONE) is an ETF from Vanguard (US). Over the past year JMOM returned +22.67% while VONE returned +16.73%. Year to date, JMOM is up 20.05% versus a gain of 13.02% for VONE.
Over three years, JMOM compounded at +26.39% per year against +22.11% for VONE; over five years the annualized figures are +13.72% and +12.44% respectively. Across the full 9-year window we track, JMOM has the edge at +15.02% annualized vs +13.77%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JMOM has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 16.5% for VONE. 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 -34.3% for JMOM and -34.7% for VONE. 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
JMOM charges 0.12% per year while VONE charges 0.06%. On a $10,000 position that is $12 vs $6 annually, a gap of $6 per year that compounds over a long holding period. On income, JMOM currently yields 0.75% against 1.02% for VONE.
Holdings Overlap
95.6% of JMOM's money is in holdings VONE also owns. 58.3% of VONE's money is in holdings JMOM also owns.
Most of JMOM is already inside VONE. Owning both mostly buys the same companies twice.
271 positions in common, counted across the 285 positions we hold weights for in JMOM and 1,014 in VONE, against full books of 594 and 1,027.
What only one of them owns
Our book lists 661 positions for VONE that do not appear in our book for JMOM (40.9% of the fund), and 5 for JMOM that do not appear in VONE (1.3%).
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 JMOM | Weight in VONE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.97% | 7.26% | 5.29% |
| AAPLApple, Inc | 2.03% | 6.46% | 4.43% |
| MSFTMicrosoft Corp | 2.02% | 5.31% | 3.29% |
| GOOGLAlphabet Inc | 1.96% | 2.79% | 0.83% |
| AVGOBroadcom Inc | 1.89% | 2.43% | 0.54% |
| AMZNAmazon.Com Inc | 0.56% | 3.55% | 2.99% |
| MUMicron Technology, Inc. | 2.12% | 1.52% | 0.60% |
| AMDAdvanced Micro Devices Inc | 2.53% | 1.08% | 1.45% |
| JNJJohnson & Johnson - Common | 1.74% | 0.90% | 0.84% |
| INTCIntel Corporation | 1.61% | 0.58% | 1.03% |
95.6% of JMOM is already inside VONE.
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, JMOM or VONE?
JMOM has an expense ratio of 0.12% while VONE charges 0.06%. VONE is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, JMOM or VONE?
Over the past year JMOM returned +22.67% vs +16.73% for VONE, so JMOM leads on 1-year performance. Over the longest common window we track (9 years), JMOM annualized +15.02% vs +13.77% for VONE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JMOM or VONE?
JMOM has been the more volatile fund at 17.4% annualized versus 16.5% for VONE. Worst drawdown: JMOM -34.3% vs VONE -34.7%.
Should I hold both JMOM and VONE?
JMOM and VONE 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 JMOM and VONE?
95.6% of JMOM's money is in holdings VONE also owns. 58.3% of VONE's is in holdings JMOM also owns. They hold 271 positions in common, counted across the 285 positions we hold weights for in JMOM and 1,014 in VONE.
Which pays a higher dividend, JMOM or VONE?
JMOM yields 0.75% while VONE yields 1.02%, so VONE currently pays the higher dividend yield.
Is VONE better than JMOM?
VONE has a lower expense ratio. JMOM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. JMOM is less concentrated, with 19.1% of the fund in its ten largest positions against 34.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.