BOXX vs JPST: Yield, Cost and Returns Compared
As of Nov 5, 2026, JPST yields more: 4.13% (current yield) against 0.00% for BOXX. JPST is cheaper to own at 0.18% a year vs 0.19%. Over the same 3 years (Dec 2022 to Oct 2026), JPST returned 4.8% a year with distributions reinvested, and BOXX 4.6%. BOXX's income is not paid out at all (it builds up in the price and is taxed when you sell); JPST's is mostly taxable by states.
| Compared | BOXX | JPST |
|---|---|---|
| YieldCurrent yield | 0.00% | 4.13% |
| Expense ratio | 0.19% | 0.18% |
| Total return, 1 yr | +4.1% | +3.5% |
| Total return, 3 yr (a year) | +4.6% | +4.9% |
| Total return, 5 yr (a year) | — | +3.9% |
| Worst drop since Dec 2022 | 0.0% | 0.0% |
| Share price since Dec 2022 | +19% | +1% |
| Pays | Annual | Monthly |
| Issuer | Alpha Architect | JPMorgan |
| Assets | $14.4B | $42.5B |
| Started | 2022 | 2017 |
| Type | Box-spread ETF | Ultra-short bond ETF |
Higher yield
JPST
4.13%
Lower cost
JPST
0.18%
Better total return
JPST
4.8%/yr
Smaller worst drop
BOXX
0.0%
Key facts: BOXX vs JPST
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, BOXX yields 0.00% (current yield) and JPST yields 4.13% (current yield).
- BOXX's expense ratio is 0.19% and JPST's is 0.18%: $19 vs $18 a year on $10,000.
- From Dec 2022 to Oct 2026, $10,000 in BOXX grew to $11,902 (4.6% a year) and $10,000 in JPST to $11,976 (4.8% a year), distributions reinvested.
- Their worst month-end drops over that time: 0.0% for BOXX and 0.0% for JPST.
- BOXX's income is not paid out at all (it builds up in the price and is taxed when you sell), while JPST's is mostly taxable by states.
Cite this page
SmarterDividends, "BOXX vs JPST: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/boxx-vs-jpst
$10,000 in each, Dec 2022 to Oct 2026
Distributions reinvested, month-end values.
BOXX became
$11,902
4.6% a year
JPST became
$11,976
4.8% a year
Year by year
| Year | BOXX | JPST |
|---|---|---|
| 2025 | +4.4% | +5.0% |
| 2024 | +5.2% | +5.6% |
| 2023 | +5.0% | +5.1% |
Total return each calendar year, distributions reinvested.
What each holds and how it's taxed
- BOXX · Box-spread ETF
- Earns a T-bill-like return from options box spreads and pays no distributions: the return shows up in the share price and is taxed when you sell.
- JPST · Ultra-short bond ETF
- Holds short-term bonds, which can include corporate or asset-backed debt, for a little more yield than T-bills and a little more price movement.
General information, not tax advice. Every cash fund by yield →
Top holdings
No overlap in the top ten.
BOXX
- Holdings not reported.
JPST
- MGMXX JPMorgan US Government MMkt IM2.9%
BOXX vs JPST: questions
Is BOXX or JPST better?
It depends on the job. JPST pays more today (4.13% vs 0.00%), JPST costs less, and JPST has the better total return over Dec 2022 to Oct 2026, with BOXX holding up better in its worst stretch. For cash you may need soon, yield after tax and how easily you can get the money out matter more than past returns.
Which pays a higher dividend, BOXX or JPST?
JPST, at 4.13% against 0.00% for BOXX as of Nov 5, 2026. On $10,000 that's about $413 vs $0 a year at today's rates.
Which has the better total return?
JPST. From Dec 2022 to Oct 2026, it returned 4.8% a year with distributions reinvested, against 4.6% for BOXX. $10,000 became $11,976 vs $11,902.
Which is cheaper, BOXX or JPST?
JPST, with a 0.18% expense ratio against 0.19%.
How are BOXX and JPST taxed?
BOXX: Earns a T-bill-like return from options box spreads and pays no distributions: the return shows up in the share price and is taxed when you sell. JPST: Holds short-term bonds, which can include corporate or asset-backed debt, for a little more yield than T-bills and a little more price movement. General information, not tax advice.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. JPST leads on 3 of 4 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.