ETF comparison

SPY5 vs JREU

State Street® SPDR® S&P® 500 UCITS ETF (Dist)
IE00B6YX5C33State Street
JPM US Research Enhanced Index Equity Active UCITS ETF - USD (acc)
IE00BF4G7076J.P. Morgan Asset Management
Figures as of October 2, 2026 (SPY5) · October 2, 2026 (JREU)

The comparison in short

SPY5 (State Street® SPDR® S&P® 500 UCITS ETF (Dist), IE00B6YX5C33) and JREU (JPM US Research Enhanced Index Equity Active UCITS ETF - USD (acc), IE00BF4G7076) both track the S&P 500® index. SPY5 has the lower total expense ratio (TER): 0.03% a year against 0.20% for JREU, 0.17 percentage points less, or about 17 a year on 10,000 invested. SPY5 is the larger fund, with USD 44.4bn in assets against USD 15.8bn for JREU, about 2.8 times the size. SPY5 reports 505 holdings and JREU 259. 9 of the holdings published by SPY5 (top 10) and JREU (top 50) appear in both lists; measured on those published positions only, the overlap is at least 38.7%. Shared holdings include NVIDIA Corporation, Apple Inc., Microsoft Corporation, Alphabet Inc. Class A and Amazon.com Inc.. In 2025, SPY5 returned +17.6% and JREU +16.5%, a gap of 1.1 percentage points. Over 5 years, SPY5 returned +12.5% a year and JREU +12.4% a year. JREU reinvests its income (accumulating), while SPY5 pays it out (distributing). Both are domiciled in Ireland. SPY5 and JREU both carry a risk indicator (SRRI) of 4 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureSPY5JREU
ISINIE00B6YX5C33IE00BF4G7076
Exchange tickersSPY5, SPX5JREU, JURE
Fund houseState StreetJ.P. Morgan Asset Management
Total expense ratio (TER)0.03%0.2%
Ongoing charges (KID)0.03%0.2%
Fund sizeUSD 44.4bnUSD 15.8bn
Launch dateMarch 19, 2012October 10, 2018
ReplicationPhysical—
DomicileIrelandIreland
Distribution policyDistributingAccumulating
Share class currencyUSDUSD
Number of holdings505259
Risk indicator (SRRI)4 / 74 / 7
SFDR classification—Article 8
BenchmarkS&P 500® IndexStandard & Poor's (S&P) 500 Index (Total Return Net)

Performance

Calendar-year returns

YearSPY5JREUDifference
2025+17.6%+16.5%+1.1
2024+24.7%+24.5%+0.2
2023+25.9%+27.6%−1.7
2022−18.4%−18.8%+0.4
2021+28.3%+29.9%−1.6

Annualised returns

PeriodSPY5JREUDifference
1 year+20.1%+19.3%+0.8
3 years+20.7%+20.1%+0.6
5 years+12.5%+12.4%+0.1
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

9 of the holdings published by SPY5 (top 10) and JREU (top 50) appear in both lists; measured on those published positions only, the overlap is at least 38.7%. Shared holdings include NVIDIA Corporation, Apple Inc., Microsoft Corporation, Alphabet Inc. Class A and Amazon.com Inc..

Top 10 holdings of SPY5

#HoldingWeight
1
NVIDIA CorporationIn both
8.46%
2
Apple Inc.In both
7.30%
3
Microsoft CorporationIn both
5.76%
4
Amazon.com Inc.In both
3.69%
5
Alphabet Inc. Class AIn both
3.00%
6
Broadcom Inc.In both
2.47%
7
Meta Platforms Inc Class AIn both
2.42%
8
Alphabet Inc. Class CIn both
2.41%
9
Micron Technology Inc.In both
1.88%
10
Advanced Micro Devices Inc.In both
1.52%

Top 10 holdings of JREU

#HoldingWeight
1
NVIDIA CORPIn both
8.94%
2
APPLE INCIn both
7.10%
3
MICROSOFT CORPIn both
6.29%
4
AMAZON.COM INCIn both
4.07%
5
ALPHABET INC-CL AIn both
3.08%
6
BROADCOM INCIn both
2.64%
7
META PLATFORMS INC-CLASS AIn both
2.53%
8
ALPHABET INC-CL CIn both
2.41%
9
MICRON TECHNOLOGY INCIn both
1.96%
10
ADVANCED MICRO DEVICESIn both
1.55%
Compare every published holding of SPY5 and JREU in the overlap checker

Sectors and countries

Largest sectors of SPY5

  1. Information Technology39.9%
  2. Financials11.4%
  3. Communication Services9.8%
  4. Health Care9.1%
  5. Consumer Discretionary8.6%
  6. Industrials8.1%
+ 5 more

Largest sectors of JREU

  1. Hardware & Semiconductors28.0%
  2. Media14.4%
  3. Software & Services9.4%
  4. Industrial Cyclicals9.1%
  5. Pharm/MedTech7.5%
  6. Banks & Brokers5.5%
+ 12 more

Largest countries of SPY5

  1. United States100.0%

Largest countries of JREU

  1. United States95.9%
  2. Ireland3.2%
  3. Netherlands0.4%
  4. Switzerland0.3%
  5. Jersey0.1%

Frequently asked questions

What is the difference between SPY5 and JREU?

SPY5 (State Street® SPDR® S&P® 500 UCITS ETF (Dist), IE00B6YX5C33) and JREU (JPM US Research Enhanced Index Equity Active UCITS ETF - USD (acc), IE00BF4G7076) both track the S&P 500® index. SPY5 has the lower total expense ratio (TER): 0.03% a year against 0.20% for JREU, 0.17 percentage points less, or about 17 a year on 10,000 invested. JREU reinvests its income (accumulating), while SPY5 pays it out (distributing). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, SPY5 or JREU?

SPY5 has the lower total expense ratio (TER): 0.03% a year against 0.20% for JREU, 0.17 percentage points less, or about 17 a year on 10,000 invested. Their key information documents state ongoing charges of 0.03% for SPY5 and 0.20% for JREU.

Which is bigger, SPY5 or JREU?

SPY5 is the larger fund, with USD 44.4bn in assets against USD 15.8bn for JREU, about 2.8 times the size.

Do SPY5 and JREU hold the same companies?

9 of the holdings published by SPY5 (top 10) and JREU (top 50) appear in both lists; measured on those published positions only, the overlap is at least 38.7%. Shared holdings include NVIDIA Corporation, Apple Inc., Microsoft Corporation, Alphabet Inc. Class A and Amazon.com Inc..

How did SPY5 and JREU perform in 2025?

In 2025, SPY5 returned +17.6% and JREU +16.5%, a gap of 1.1 percentage points. Over 5 years, SPY5 returned +12.5% a year and JREU +12.4% a year. Over the past year, SPY5 returned +20.1% and JREU +19.3%. Past performance does not predict future returns.

Are SPY5 and JREU accumulating or distributing?

SPY5 is distributing: it pays its income out to investors. JREU is accumulating: it reinvests its income in the fund.

Go further

Other comparisons

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.