JPXN vs. VOO
Compare and contrast key facts about iShares JPX-Nikkei 400 ETF (JPXN) and Vanguard S&P 500 ETF (VOO).
JPXN and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPXN is a passively managed fund by iShares that tracks the performance of the JPX-Nikkei Index 400. It was launched on Oct 26, 2001. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both JPXN and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPXN or VOO.
Key characteristics
| JPXN | VOO | |
|---|---|---|
| YTD Return | 4.57% | 5.63% |
| 1Y Return | 17.27% | 23.68% |
| 3Y Return (Ann) | 1.85% | 7.89% |
| 5Y Return (Ann) | 5.56% | 13.12% |
| 10Y Return (Ann) | 5.92% | 12.38% |
| Sharpe Ratio | 1.13 | 1.91 |
| Daily Std Dev | 14.41% | 11.70% |
| Max Drawdown | -54.97% | -33.99% |
| Current Drawdown | -5.80% | -4.45% |
Correlation
The correlation between JPXN and VOO is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JPXN vs. VOO - Performance Comparison
In the year-to-date period, JPXN achieves a 4.57% return, which is significantly lower than VOO's 5.63% return. Over the past 10 years, JPXN has underperformed VOO with an annualized return of 5.92%, while VOO has yielded a comparatively higher 12.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JPXN vs. VOO - Expense Ratio Comparison
JPXN has a 0.48% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
JPXN vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares JPX-Nikkei 400 ETF (JPXN) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
JPXN vs. VOO - Dividend Comparison
JPXN's dividend yield for the trailing twelve months is around 2.46%, more than VOO's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPXN iShares JPX-Nikkei 400 ETF | 2.46% | 2.57% | 1.47% | 2.63% | 1.27% | 1.92% | 1.60% | 1.50% | 2.07% | 1.32% | 1.42% | 1.18% |
VOO Vanguard S&P 500 ETF | 1.39% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
JPXN vs. VOO - Drawdown Comparison
The maximum JPXN drawdown since its inception was -54.97%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for JPXN and VOO. For additional features, visit the drawdowns tool.
Volatility
JPXN vs. VOO - Volatility Comparison
iShares JPX-Nikkei 400 ETF (JPXN) has a higher volatility of 4.11% compared to Vanguard S&P 500 ETF (VOO) at 3.89%. This indicates that JPXN's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.