IUSV vs JVAL: Grades, Fees and Holdings Compared

iShares Core S&P U.S. Value ETF

IUSVANasdaq

JPMorgan U.S. Value Factor ETF

JVALBNYSE Arca

Overlap

33.3%by weight

Expense ratio

IUSV −0.08pt a year

IUSV0.04%JVAL0.12%

Avg volume · 30D

IUSV 8.5×the volume

IUSV575KJVAL68K

5Y return · a year

JVAL +0.5pt

IUSV+11.4%JVAL+11.9%

IUSV vs JVAL Performance

Nov 2, 2021 – Nov 2, 2026

+71.3%IUSV+75.4%JVAL

Expense ratio: IUSV 0.04%, better; JVAL 0.12%
Fund size: IUSV $28.5B; JVAL $1.05B
1Y total return: IUSV +16.8%; JVAL +24.0%, better
Yield (12M): IUSV 1.63%, better; JVAL 1.59%
Holdings: IUSV 734; JVAL 395
Avg volume (30D): IUSV 575K sh, better; JVAL 68K sh
NAV per share: IUSV $115.73; JVAL $58.81
52W range

ETF.net Grade

Pillar letters and Scores for IUSV, JVAL, with each pillar’s weight
Pillar	IUSV	JVAL
Cost30% weight	A96Higher	A76
Mission25% weight	A88Higher	A86
Risk15% weight	B64Higher	C42
Tradability15% weight	A81Higher	D35
Holdings10% weight	C49	B61Higher
Durability5% weight	A79Higher	C44

Rank among US Value Index funds

How we build Categories ›

Same Category. IUSV and JVAL are both graded against the same 40 US Value Index funds, so their Grades compare head to head.

US Value Index⁠

Category · 40 funds

See all 40 ›

IUSV ranks 3rd and JVAL 13th of 40 funds in the US Value Index Category.

Rank 1ASCHVSchwab U.S. Large-Cap Value ETFScore 84
Rank 2AVTVVanguard Morningstar Value ETFScore 83
Rank 3AIUSViShares Core S&P U.S. Value ETFScore 81
Rank 4AIWDiShares Russell 1000 Value ETFScore 77
Rank 13BDFUVDimensional US Marketwide Value ETFScore 64
Rank 13BJVALJPMorgan U.S. Value Factor ETFScore 64
Rank 15BIWNiShares Russell 2000 Value ETFScore 63

Our read on each fund

ETF.net Research

IUSVAiShares Core S&P U.S. Value ETF

JVALBJPMorgan U.S. Value Factor ETF

In short

IUSV A value fund with a wider net: it tracks the S&P 900 Value Index, which screens S&P 500 and MidCap 400 stocks on book value, earnings and sales versus price. Roughly 700 names, 0.04% a year, running since 2000.

JVAL J.P. Morgan's quant desk pointed at cheap US stocks: a rules-based index of roughly 400 names screened on valuation, for 0.12% a year. Broad enough to be a core holding, priced below the typical value fund.

Stated mandate

IUSV The fund seeks to track the S&P 900 Value Index, which represents large- and mid-capitalization U.S. value equities. Value characteristics are identified using book value, earnings, and sales relative to price.

JVAL The fund seeks domestic equity exposure focused on companies with attractive valuations and potential return enhancement.

Why people hold it

IUSV Costs 0.04% a year, a fraction of the typical US value ETF, and level with the cheapest of its large peers like SCHV.
The index reaches past the S&P 500 into the S&P MidCap 400, so mid-cap value names come along. Large-cap-only rivals such as SCHV stop short of them.spindices.com
A 2000 vintage and now a multi-billion-dollar iShares Core holding: it trades actively, tracks its index closely, and pays quarterly.

JVAL Costs 0.12% a year, under the 0.18% median for US value funds.
Follows the JP Morgan US Value Factor Index closely, so the advertised value tilt is what actually shows up in the portfolio.jpmorgan.com
Roughly 400 holdings spread the bet wide, and the fund distributes quarterly.
Trading since 2017 and one of the stronger builds in a crowded 33-fund value field.

Worth knowing

IUSV S&P's style system splits the parent index by formula, and stocks with both value and growth traits can sit in each. This is the cheap half of the market, not a deep-value sleeve.spglobal.com spglobal.com 2
The screen is pure price ratios (book value, earnings, sales), with no profitability or quality filter, so cheap-for-a-reason names are part of the deal.spglobal.com
Holdings are float-market-cap weighted, so the biggest value names drive most of the movement.spglobal.com

JVAL Cheap, not cheapest: VTV (0.03%) and IUSV (0.04%) undercut it, though they follow plain market-cap value indexes rather than a factor screen.
Volume is moderate rather than heavy, so bid-ask spreads can run wider than the giants of the value aisle.
A mid-sized fund, not a category flagship, which is worth knowing if fund scale matters to you.

Full IUSV profile⁠

Full JVAL profile⁠

IUSV vs JVAL Holdings

How IUSV and JVAL differ

Overlap by weight

33.3%

Shared holdings make up 71.1% of JVAL and 42.5% of IUSV.

Level by level

Holdings288 in both33.3%
Sector11 Sectors74.7%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in IUSV and JVAL, widest gap first
Sector	More in IUSVMore in JVAL	IUSV	JVAL
Technology	JVAL +19.3 points	20.2%	39.5%
Communication	JVAL +5.5 points	2.4%	7.9%
Consumer Staples	IUSV +5.4 points	8.8%	3.4%
Financials	IUSV +5.2 points	15.5%	10.3%
Industrials	IUSV +4.4 points	11.2%	6.8%
Energy	IUSV +4.0 points	8.2%	4.2%
Health Care	IUSV +2.8 points	12.8%	10.0%
Utilities	IUSV +1.8 points	4.0%	2.2%
Real Estate	IUSV +0.8 points	3.3%	2.5%
Materials	IUSV +0.6 points	3.5%	2.9%
Consumer Discretionary	JVAL +0.5 points	9.9%	10.4%

Country, concentration and asset class

Country by domicile

Country weights in IUSV and JVAL, widest gap first
Country	More in IUSVMore in JVAL	IUSV	JVAL
United States	IUSV +0.3 points	99.2%	98.9%
Switzerland	IUSV +0.2 points	0.5%	0.3%
United Kingdom	JVAL +0.1 points	0.1%	0.2%
Mexico	JVAL +0.2 points	0.0%	0.2%
India	JVAL +0.2 points	0.0%	0.2%
Canada	JVAL +0.1 points	0.0%	0.1%
Ireland	IUSV +0.1 points	0.1%	0.0%
China	IUSV +0.1 points	0.1%	0.0%
Sweden	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

IUSV23.0%
JVAL16.4%

Securities held

IUSV731
JVAL393

Asset class

IUSV: Equity
JVAL: Equity

Holdings

Only in IUSV443
In both288
Only in JVAL105

Only in IUSV

443 securities, 57.3% of IUSV by weight

Amazon.com Inc3.44%
Exxonmobil Holdings Corp2.39%
Walmart1.71%
Costco Wholesale Corp1.39%
Tesla Inc1.33%
Procter & Gamble1.17%
Intel Corporation1.01%
Visa Class A0.98%
JPMorgan Chase & Co0.89%
AbbVie0.87%
Thermo Fisher Scientific0.80%
Wells Fargo0.78%
Linde PLC0.74%
Coca-Cola0.66%
Pepsico0.58%
Conocophillips0.57%
Abbott Laboratories0.57%
Union Pacific0.56%
Nextera Energy0.54%
Mastercard Class A0.53%
Deere0.53%
BlackRock0.51%
Ge Aerospace0.47%
Danaher0.45%
Eaton PLC0.45%
Philip Morris International0.44%
Charles Schwab0.44%
Vertex Pharmaceuticals0.44%
Palo Alto Networks0.41%
Lockheed Martin0.40%
Chubb0.40%
Marathon Petroleum0.39%
Prologis Reit0.38%
Starbucks Corp0.37%
Automatic Data Processing Inc0.36%
Mckesson Corp0.36%
Phillips 660.35%
Southern0.33%
Mcdonalds Corp0.32%
Equinix Reit0.31%
Csx0.30%
Marsh0.30%
Intercontinental Exchange Inc0.29%
Emerson Electric0.29%
Goldman Sachs Group0.28%
Williams0.28%
Elevance Health Inc0.28%
3M0.28%
Freeport Mcmoran Inc0.28%
Blackstone0.28%

Only in JVAL

105 securities, 28.9% of JVAL by weight

Microsoft Corp Common2.07%
Meta Platforms Inc Common2.01%
Alphabet Inc-Cl A -1.68%
Micron Technology Inc1.68%
NVIDIA Corp Common Stock1.66%
Broadcom Inc Common1.63%
Applied Materials Inc0.79%
Lam Research Corp Common0.79%
Amphenol Corp Common0.66%
Sandisk Corp Common Stock0.53%
Kla Corp Common Stock USD0.52%
Elevance Health Inc0.39%
Okta Inc Common Stock0.30%
United Therapeutics Corp0.29%
Verisign Inc Common Stock0.28%
Epam Systems Inc Common0.27%
Adt Inc Common Stock USD0.27%
Caci International Inc0.26%
Paycom Software Inc0.26%
Twilio Inc Common Stock0.26%
Tenet Healthcare Corp0.26%
Zoom Communications Inc0.25%
SS&C Technologies0.24%
Match Group Inc Common0.23%
Royalty Pharma PLC Common0.23%
Unity Software Inc Common0.23%
Robert Half Inc Common0.23%
Amdocs Ltd0.23%
Elastic NV Common Stock0.22%
Dropbox Inc Common Stock0.22%
Ccc Intelligent Solutions0.22%
Ringcentral Inc Common0.22%
Popular Inc Common Stock0.22%
Carnival Corp Ltd Common0.21%
Ralph Lauren Corp Common0.21%
Globalfoundries Inc0.20%
Expedia Group Inc Common0.19%
Flex Ltd Common Stock USD0.19%
Pegasystems Inc Common0.19%
People Inc Common Stock0.19%
Dynatrace Inc0.19%
Sanmina Corp Common0.18%
Travel & Leisure Co0.18%
Rtx Corp0.18%
Fortune Brands0.18%
Mdu Resources Group Inc0.18%
Clearway Ener-C Rg0.18%
Toast Inc Common Stock0.17%
Encompass Health Corp0.17%
Cnh Industrial NV Common0.17%

Weight gaps

The 100 widest of 288 Holdings in both funds.

Holding weights in IUSV and JVAL, widest gap first
Holding	More in IUSVMore in JVAL	IUSV	JVAL
AppleAAPL	IUSV +5.65 points	7.81%	2.16%
Johnson & JohnsonJNJ	JVAL +0.81 points	0.84%	1.65%
ChevronCVX	IUSV +0.61 points	1.44%	0.83%
Bank of AmericaBAC	IUSV +0.59 points	1.01%	0.42%
UnitedHealth GroupUNH	IUSV +0.55 points	1.13%	0.58%
Gilead SciencesGILD	JVAL +0.48 points	0.30%	0.78%
International Business Machines CoIBM	JVAL +0.48 points	0.36%	0.84%
Home DepotHD	IUSV +0.41 points	1.02%	0.61%
Skyworks SolutionsSWKS	JVAL +0.39 points	0.06%	0.45%
IntuitINTU	JVAL +0.33 points	0.13%	0.46%
EbayEBAY	JVAL +0.31 points	0.04%	0.35%
CorningGLW	JVAL +0.29 points	0.09%	0.38%
OracleORCL	JVAL +0.28 points	0.34%	0.62%
Johnson Controls International PLCJCI	JVAL +0.28 points	0.10%	0.38%
PtcPTC	JVAL +0.27 points	0.07%	0.34%
Bentley Systems Class BBSY	JVAL +0.26 points	<0.01%	0.27%
Cummins IncCMI	JVAL +0.27 points	0.07%	0.34%
DocusignDOCU	JVAL +0.26 points	0.02%	0.28%
GartnerIT	JVAL +0.26 points	0.04%	0.30%
AutodeskADSK	JVAL +0.24 points	0.07%	0.31%
Science Applications InternationalSAIC	JVAL +0.24 points	0.02%	0.26%
Entegris IncENTG	JVAL +0.24 points	0.04%	0.28%
Parsons CorpPSN	JVAL +0.23 points	<0.01%	0.23%
Godaddy Class AGDDY	JVAL +0.22 points	0.05%	0.27%
Simon Property Group Reit IncSPG	JVAL +0.23 points	0.13%	0.36%
Universal Display CorpOLED	JVAL +0.22 points	<0.01%	0.23%
MaplebearCART	JVAL +0.22 points	0.03%	0.25%
Roper TechnologiesROP	JVAL +0.23 points	0.14%	0.37%
Tyler TechnologiesTYL	JVAL +0.22 points	0.05%	0.27%
ApaAPA	JVAL +0.22 points	0.06%	0.28%
Pinterest Class APINS	JVAL +0.22 points	<0.01%	0.23%
Kbr IncKBR	JVAL +0.21 points	0.01%	0.23%
Nutanix Class ANTNX	JVAL +0.22 points	0.02%	0.24%
Global Payments IncGPN	JVAL +0.21 points	0.07%	0.28%
Leidos HoldingsLDOS	JVAL +0.21 points	0.06%	0.27%
Dolby Laboratories Class ADLB	JVAL +0.21 points	<0.01%	0.22%
Merck & Co IncMRK	IUSV +0.21 points	1.15%	0.94%
General Dynamics CorpGD	JVAL +0.21 points	0.14%	0.35%
Kyndryl HoldingsKD	JVAL +0.21 points	<0.01%	0.22%
MacysM	JVAL +0.21 points	0.02%	0.23%
Cirrus LogicCRUS	JVAL +0.21 points	<0.01%	0.22%
Hf SinclairDINO	JVAL +0.20 points	0.06%	0.26%
OvintivOVV	JVAL +0.20 points	0.06%	0.26%
Msc Industrial Class AMSM	JVAL +0.20 points	<0.01%	0.21%
ViatrisVTRS	JVAL +0.20 points	0.07%	0.27%
Quest Diagnostics IncDGX	JVAL +0.19 points	0.09%	0.28%
Cognizant Technology Solutions ClaCTSH	JVAL +0.20 points	0.09%	0.29%
Permian Resources Class APR	JVAL +0.19 points	0.07%	0.26%
Ryder SystemR	JVAL +0.20 points	0.03%	0.23%
Williams Sonoma IncWSM	JVAL +0.20 points	0.09%	0.29%
Crown Holdings IncCCK	JVAL +0.19 points	0.04%	0.23%
CdwCDW	JVAL +0.19 points	0.06%	0.25%
Gen DigitalGEN	JVAL +0.19 points	0.05%	0.24%
Omega Healthcare Investors ReitOHI	JVAL +0.19 points	0.02%	0.21%
Uipath Inc Class APATH	JVAL +0.19 points	<0.01%	0.19%
Workday Class AWDAY	JVAL +0.19 points	0.07%	0.26%
Arrow ElectronicsARW	JVAL +0.19 points	0.03%	0.22%
Delta Air LinesDAL	JVAL +0.19 points	0.15%	0.34%
AvnetAVT	JVAL +0.19 points	0.02%	0.21%
PvhPVH	JVAL +0.19 points	0.01%	0.20%
Microchip Technology IncMCHP	JVAL +0.19 points	0.13%	0.32%
GenpactG	JVAL +0.18 points	0.01%	0.19%
Qnity ElectronicsQ	JVAL +0.18 points	0.08%	0.26%
Amcor PLCAMCR	JVAL +0.18 points	0.07%	0.25%
Duke Energy CorpDUK	IUSV +0.18 points	0.31%	0.13%
ProgressivePGR	JVAL +0.18 points	0.18%	0.36%
On Semiconductor CorpON	JVAL +0.18 points	0.09%	0.27%
General MotorsGM	JVAL +0.18 points	0.24%	0.42%
Synchrony FinancialSYF	JVAL +0.17 points	0.08%	0.25%
Wesco InternationalWCC	JVAL +0.18 points	0.05%	0.23%
Netapp IncNTAP	JVAL +0.18 points	0.12%	0.30%
Reliance Steel & AluminumRS	JVAL +0.17 points	0.07%	0.24%
Principal Financial Group IncPFG	JVAL +0.17 points	0.07%	0.24%
UgiUGI	JVAL +0.17 points	0.03%	0.20%
JabilJBL	JVAL +0.17 points	0.04%	0.21%
Packaging Corp of AmericaPKG	JVAL +0.17 points	0.07%	0.24%
Devon EnergyDVN	JVAL +0.17 points	0.18%	0.35%
Oge EnergyOGE	JVAL +0.17 points	0.03%	0.20%
United Airlines HoldingsUAL	JVAL +0.16 points	0.10%	0.27%
Verizon Communications IncVZ	IUSV +0.17 points	0.58%	0.41%
ServiceSCI	JVAL +0.16 points	0.02%	0.18%
Fnb CorpFNB	JVAL +0.17 points	0.02%	0.19%
Sonoco ProductsSON	JVAL +0.16 points	0.02%	0.18%
Fedex CorpFDX	JVAL +0.17 points	0.21%	0.38%
Allison Transmission HoldingsALSN	JVAL +0.17 points	0.01%	0.18%
EvergyEVRG	JVAL +0.17 points	0.06%	0.23%
Fox Class AFOXA	JVAL +0.17 points	0.01%	0.18%
Pinnacle WestPNW	JVAL +0.16 points	0.04%	0.20%
DoverDOV	JVAL +0.16 points	0.09%	0.25%
Hp IncHPQ	JVAL +0.16 points	0.08%	0.24%
Oshkosh CorpOSK	JVAL +0.17 points	0.01%	0.18%
NucorNUE	JVAL +0.17 points	0.19%	0.35%
Mgic InvestmentMTG	JVAL +0.16 points	<0.01%	0.17%
Epr Properties ReitEPR	JVAL +0.16 points	<0.01%	0.17%
Amkor TechnologyAMKR	JVAL +0.16 points	<0.01%	0.17%
Archer Daniels MidlandADM	JVAL +0.16 points	0.12%	0.28%
Old Republic InternationalORI	JVAL +0.16 points	0.01%	0.17%
First HorizonFHN	JVAL +0.16 points	0.03%	0.19%
AcuityAYI	JVAL +0.16 points	<0.01%	0.17%
H&R Block IncHRB	JVAL +0.16 points	<0.01%	0.17%

All 732 IUSV holdings⁠All 393 JVAL holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IUSV vs JVAL Cost

Overpaying JVAL vs IUSV

$1,671

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IUSV 0.04%
$849
JVAL 0.12%
$2,520

Amount$10,000

Years30 years

Cost over time

IUSV 0.04%
JVAL 0.12%
Overpaying

Year by year

Year	IUSV	JVAL	Overpaying
10	$73	$220	$147
20	$288	$859	$571
30	$849	$2,520	$1,671

Expense ratio

0.04%IUSV, cheaper
0.12%JVAL

IUSV0.04%JVAL0.12%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

IUSV 3rd cheapest of 40 funds

JVAL 10th cheapest of 40 funds

IUSV vs JVAL Dividends

Last 12 months to Nov 2, 2026

Yield (12M): IUSV 1.63%, better; JVAL 1.59%
Payout (12M): IUSV $1.89; JVAL $0.93
Last payment: IUSV $0.49; JVAL $0.22
Ex-dividend: IUSV Sep 15, 2026; JVAL Sep 22, 2026
Paid on: IUSV Sep 18, 2026; JVAL Sep 24, 2026
Frequency: IUSV Quarterly; JVAL Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IUSVQuarterly · 39 paymentsAll IUSV payments⁠

JVALQuarterly · 36 paymentsAll JVAL payments⁠

IUSV vs JVAL Risk

Fall from peak · 5 years

IUSV
JVAL

Risk facts

VolatilityStd dev, 3 years: IUSV 11.9%, betterJVAL 13.4%
Return per unit of riskSharpe ratio, 3 years: IUSV 1.15JVAL 1.32, better
Worst fallMax drawdown, 5 years: IUSV −17.9%, betterJVAL −22.4%
Market sensitivityBeta, 5 years: IUSV 0.85JVAL 0.97; Market = 1

IUSV and JVAL in the news

All news⁠

Category Review
One US value fund returned 68% with Micron at 22.5%. The median returned 22%
Updated Sep 23, 2026IUSV

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IUSV vs JVAL

In short

Stated mandate

Why people hold it

Worth knowing

How IUSV and JVAL differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IUSV

Only in JVAL

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

One US value fund returned 68% with Micron at 22.5%. The median returned 22%

How IUSV and JVAL differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IUSV

Only in JVAL

Weight gaps