Data as of Oct 28, 2026.
IVV vs JOYT: Differences, Returns & Fees
Over the year to Oct 28, 2026, IVV returned +13.7% to JOYT's +14.3%, and IVV charges 0.03% to JOYT's 0.35%.
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Net assets: $885.1bn on Oct 27, 2026 for iShares Core S&P 500 ETF, and $116m on Oct 28, 2026 for JPMorgan Equity and Options Total Return ETF.
Pair scorecard
IVV costs 0.32 points a year less; their one-year returns differ by 0.6 points; IVV is far larger, $885.1bn against $115m.
| Measure | IVV | JOYT |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.7% | +14.3% |
| Price change, 1 year | rose 12.4% | rose 13.4% |
| Latest payout, annualized | 0.7% | |
| Against its benchmark | ||
| What it tracks | S&P 500 | Benchmark: S&P 500, measured through SPY |
| Against its benchmark, same days | ahead by 0.7 pts | |
| Cost and size | ||
| Expense ratio | 0.03% | 0.35% |
| Net assets, as of Oct 27, 2026 | $885.1bn | $115m |
| Holdings | ||
| Holdings in common | 58% | |
| In the S&P 500, by weight | 100% | |
| Top ten holdings, share of the fund | 38.1% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Aug 29, 2025 to Oct 23, 2026 · 60 weekly returns · each against SPYIVV returned slightly more: +19.5% to +19.0%. JOYT swung less: 8.0% to 11.9%. JOYT fell less at its worst: −6.6% to −8.4%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | IVV | JOYT | SPY | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +19.5% | +19.0% | IVV (slight) | Price change plus distributions, reinvested. | |
| Annualized | +16.7% | +16.3% | IVV (slight) | Total return as a yearly rate. | |
| Price return | +17.7% | +18.0% | Tie | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 11.9% | 8.0% | JOYT | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 7.1% | 5.0% | JOYT | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −8.4% | −6.6% | JOYT | Deepest fall from a high to the low after it. | |
| Upside capture | 100.9% | 67.4% | 100.0% | IVV | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 100.6% | 67.9% | 100.0% | JOYT | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 1.01 | 0.62 | 1.00 | JOYT lower | How far it moves for each 1% its benchmark moves. |
| R squared | 1.00 | 0.82 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 1.04 | 1.44 | JOYT | Return above Treasury bills per unit of volatility. | |
| Sortino | 1.75 | 2.34 | JOYT | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.122 | 0.187 | 0.123 | JOYT | Return above Treasury bills per unit of beta. |
| Calmar | 1.99 | 2.47 | JOYT | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | SPY | SPY | SPY | The ETF each fund is measured against. | |
| Alpha | 0.0% a year | +4.0% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.11 | 1.25 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −0.8% to +0.8% | −2.4% to +10.4% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | 0.13 | −0.12 | IVV | Return against its benchmark per unit of tracking error. | |
| Tracking error | 0.4% | 5.6% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 60 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IVV and JOYT hold 58% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
58% in common
Only in one fund ↓
Side by side
IVV and JOYT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.
IVV and JOYT do different jobs. What does each one do in a portfolio?
- What each follows. IVV follows S&P 500 and JOYT is measured against S&P 500 through SPY.
- Cost. IVV charges 0.03% of assets a year and JOYT 0.35%, a gap of 0.32 points.
- Size. IVV has $885.1bn in net assets and JOYT $115m (net assets, as of Oct 27, 2026); IVV is 7696.5 times larger.
Data as of Oct 28, 2026.
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IVV
IVV tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.6% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.1%.
JOYT
Over the year to Oct 28, 2026, JOYT paid 0.8% of its starting value in cash distributions while its price rose 13.4%. With every distribution reinvested, the fund returned +14.3%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was ahead by 0.7 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 0.7%, paid quarterly.
Questions people ask
- Are IVV and JOYT in the same category?
- IVV is a stock ETF and JOYT is an option-income ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, IVV or JOYT?
- In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and JOYT +14.3%.
- Which is cheaper, IVV or JOYT?
- IVV is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, IVV against JOYT, data as of Oct 28, 2026. https://etfiq.com/compare/any/ivv-vs-joyt
ETFIQ. (Oct 28, 2026). IVV against JOYT. Retrieved from https://etfiq.com/compare/any/ivv-vs-joyt
[IVV against JOYT (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ivv-vs-joyt)
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