JPMorgan vs Vanguard
Both providers track indices, so neither "performs" better than the other — what separates them is cost, range and which markets they actually cover. JPMorgan has 7 products in this catalog and Vanguard has 22, overlapping in 5 categories. Vanguard offers the cheapest fund in 5 of those 5 categories.
JPMorgan
- Products
- 7
- Lowest TER
- 0.19%
- Average TER
- 0.30%
- Categories
- 6
Vanguard
- Products
- 22
- Lowest TER
- 0.07%
- Average TER
- 0.16%
- Categories
- 9
Which one is cheaper, and where
Vanguard offers the cheapest fund in 5 of the 5 categories both cover.
The cheapest fund from each, category by category
Each provider’s lowest-fee product within every shared category, head to head. The index each one tracks is shown too, because two funds in the same category do not always track the same thing.
| Category | JPMorgan | Vanguard | Difference |
|---|---|---|---|
| Europe | JPMorgan Europe Research Enhanced Index Equity ESGMSCI Europe (research enhanced)0.25% | Vanguard FTSE 100FTSE 1000.09% | €16/year per €10,000 |
| Global | JPMorgan Global Research Enhanced Index Equity ESGMSCI World (research enhanced)0.25% | Vanguard FTSE Developed WorldFTSE Developed0.12% | €13/year per €10,000 |
| Emerging | JPMorgan Emerging Markets Research Enhanced Index Equity ESGMSCI Emerging Markets (research enhanced)0.35% | Vanguard FTSE Emerging MarketsFTSE Emerging0.22% | €13/year per €10,000 |
| USA | JPMorgan US Research Enhanced Index Equity ESGS&P 500 (research enhanced)0.19% | Vanguard S&P 500S&P 5000.07% | €12/year per €10,000 |
| Dividends | JPMorgan Global Equity Premium IncomeMSCI World + covered calls (income)0.35% | Vanguard FTSE All-World High Dividend YieldFTSE All-World High Dividend Yield0.29% | €6/year per €10,000 |
What each one covers
Only at JPMorgan
Only at Vanguard
Structural differences
JPMorgan
- Accumulating
- 57%
- Physical replication
- 100%
- Are ETFs
- 100%
- Domicile
- Ireland
Vanguard
- Accumulating
- 55%
- Physical replication
- 100%
- Are ETFs
- 68%
- Domicile
- Ireland
Other provider comparisons
Frequently asked questions
Is JPMorgan or Vanguard cheaper?+
Vanguard offers the cheapest fund in 5 of the 5 categories both cover, against 0 for JPMorgan. But "cheaper overall" is the wrong question: what matters is which is cheaper in the category you are actually buying.
Where is the difference between JPMorgan and Vanguard biggest?+
In European equities: JPMorgan Europe Research Enhanced Index Equity ESG charges 0.25% against 0.09% for Vanguard FTSE 100. On €10,000 invested that is a €16.00 difference every year, in favour of Vanguard.
Which one has the wider range?+
Vanguard, with 22 products against 7. Coverage is not identical either: JPMorgan covers the technology sector where Vanguard does not; Vanguard covers fixed income, the Japanese market, sustainable (ESG) criteria, small-cap companies where JPMorgan does not.
Are there structural differences beyond fees?+
Yes. JPMorgan's products in this catalog are 57% accumulating and 100% physically replicated, domiciled in Ireland. Vanguard's are 55% accumulating and 100% physical, domiciled in Ireland. For a Spanish investor the accumulating/distributing split matters for tax, and domicile matters for dividend withholding.
Does this comparison look at past performance?+
No, deliberately. Two funds tracking the same index deliver almost identical returns before fees, so comparing their past returns tells you about the index, not about the provider. The fee is the part the provider actually controls, and the only one you know for certain the day you invest.
Cost and coverage comparison computed over this site’s catalog, which is a sample and not each provider’s full product range. Returns are not compared: two funds tracking the same index perform almost identically before fees, so past performance tells you about the index, not the provider. Educational content, not a recommendation.