JAGG vs PWC Fund Comparison

A comparison between JAGG and PWC based on their expense ratio, growth, holdings and how well they match their benchmark performance.

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Minafi's Take on JAGG vs PWC

Here's an in depth look at the differences between JPMorgan U.S. Aggregate Bond ETF ($JAGG) and Invesco Dynamic Market ETF ($PWC).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

76% FI Score
  • jagg
  • ETF
  • Bond
  • Total US Bond Market

JPMorgan U.S. Aggregate Bond ETF

Expenses: 0.07% (Better than 1% of similar funds)

This is an OK choice for a Total US Bond Market Bond fund. See why »

41% FI Score
  • pwc
  • ETF
  • US Stocks
  • Mid-Cap Blend

Invesco Dynamic Market ETF

Expenses: 0.59% (Better than 1% of similar funds)

This is a bad choice for a Mid-Cap Blend US Stocks fund. See why »

Both $JAGG and $PWC are categorized as ETFs. ETFs have an added bonus over mutual funds of being more widely available. Mutual funds are often limited to only the issuing investment brokerage. Since these are both ETFs, you may be able to find these at a wider number of investment apps and websites.

The biggest disadvantage of ETFs is that some platforms only allow you to purchase ETFs in whole shares. So if an ETF is going for $75, you may need to invest in increments of $75. Most 401(k)'s allow for investing down to the penny, but you'll want to verify your platform allows for "fractional ETF Shares".

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

JAGG PWC
Market Score 4.3 /10 3.6 /10
Category Score 10.0 /10 5.0 /10
Total 14.3 8.6

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $JAGG

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, JAGG has an expense ratio of 0.07% while PWC has an expense ratio of 0.59%.

Winner: $JAGG

Fund Size Comparison

Both JAGG and PWC have a similar number of assets under management. JAGG has 608 Million in assets under management, while PWC has 117 Million.

Minafi categorizes both of these funds as small funds. Fund size is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

Winner: tie

Which Should You Choose? JAGG or PWC?

Comparing these two funds isn't an apples to apples comparison. JAGG is a Bond Total US Bond Market fund, while PWC is a US Stocks Mid-Cap Blend fund.

If you're aiming to build a diversified, low-fee, tax-optimized portfolio you likely won't be choosing between these two funds since they're different enough.

Running both of these funds through Minafi's FI Score algorithm, gives JAGG a score of 76 and PWC a score of 41.

Winner: Neither, I'd research more funds if you're looking to invest for retirement.

$JAGG

JPMorgan U.S. Aggregate Bond ETF

76

Read More
Ratings
Rating Type Rating
Expense Ratio Score 10 /10
Expense Rating 9 /10
Market Score 4 /10
Category Score 10 /10
Overview
Overview Details
Fund Type ETF
Exchange NYSE ARCA
Expense Ratio 0.070%
Net Assets 608 Million
Yield 2.26%
Holdings
Description Info
Market Bond
Category Total US Bond Market
Sectors
  • Basic Materials 0.00%
  • Communication Services 0.00%
  • Consumer Cyclicals 0.00%
  • Consumer Defensive 0.00%
  • Energy 0.00%
  • Financial Services 0.00%
  • Healthcare 0.00%
  • Industrials 0.00%
  • Real Estate 0.00%
  • Technology 0.00%
  • Utilities 0.00%

$PWC

Invesco Dynamic Market ETF

41

Read More
Ratings
Rating Type Rating
Diversification Score 1 /10
Expense Ratio Score 8 /10
Expense Rating 4 /10
Market Score 4 /10
Category Score 5 /10
Overview
Overview Details
Fund Type ETF
Inception Date May-1-2003
Exchange NYSE ARCA
Expense Ratio 0.590%
Net Assets 117 Million
Yield 1.32%
Holdings
Description Info
Market US Stocks
Category Mid-Cap Blend
Sectors
  • Basic Materials 2.37%
  • Communication Services 11.38%
  • Consumer Cyclicals 9.98%
  • Consumer Defensive 7.25%
  • Energy 3.27%
  • Financial Services 11.04%
  • Healthcare 15.08%
  • Industrials 10.60%
  • Real Estate 0.00%
  • Technology 26.04%
  • Utilities 3.00%
Regions
  • Africa/Middle East 0.67%
  • Asia Emerging 0.40%
  • Europe Developed 0.39%
  • North America 98.55%

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