- ISIN
- US4812C15534
- CUSIP
- 4812C1553
- Issuer
- JPMorgan
- Inception Date
- Jul 2, 1991
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities
- Min. Investment
- $1,000,000
- Index Tracked
- S&P 500 Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
HLEIX Performance Chart
JPMorgan Equity Index Fund Class I (HLEIX) is up 9.8% since the beginning of the year. HLEIX is currently trading at $113 per share. Investors who bought $1,000 worth of HLEIX shares 5 years ago would now be looking at an investment worth $1,910.
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Returns By Period
JPMorgan Equity Index Fund Class I (HLEIX) has returned 9.84% so far this year and 26.66% over the past 12 months. Looking at the last ten years, HLEIX has achieved an annualized return of 15.33%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
JPMorgan Equity Index Fund Class I
- 1D
- 1.09%
- 1M
- 0.45%
- YTD
- 9.84%
- 6M
- 9.33%
- 1Y
- 26.66%
- 3Y*
- 20.67%
- 5Y*
- 13.82%
- 10Y*
- 15.33%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
HLEIX Monthly Returns History
Based on dividend-adjusted daily data since Jul 2, 1991, HLEIX's average daily return is +0.05%, while the average monthly return is +0.93%. At this rate, an investment would double in approximately 6.2 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +12.8%, while the worst month was Oct 2008 at -16.8%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, HLEIX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +11.6%, while the worst single day was Mar 16, 2020 at -12.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.43% | -0.78% | -5.21% | 10.48% | 5.25% | -0.98% | 9.84% | ||||||
| 2025 | 2.77% | -1.32% | -5.65% | -0.69% | 6.28% | 5.06% | 2.23% | 2.01% | 3.64% | 2.32% | 0.22% | 0.05% | 17.65% |
| 2024 | 1.66% | 5.32% | 3.20% | -4.10% | 4.94% | 3.57% | 1.21% | 2.40% | 2.13% | -0.91% | 5.85% | -2.40% | 24.78% |
| 2023 | 6.25% | -2.45% | 3.66% | 1.54% | 0.42% | 6.58% | 3.21% | -1.61% | -4.78% | -2.13% | 9.12% | 4.52% | 26.02% |
| 2022 | -5.20% | -3.01% | 3.70% | -8.72% | 0.16% | -8.29% | 9.21% | -4.09% | -9.25% | 8.09% | 5.57% | -5.78% | -18.29% |
| 2021 | -1.02% | 2.74% | 4.37% | 5.32% | 0.68% | 2.33% | 2.36% | 3.02% | -4.68% | 6.99% | -0.71% | 4.45% | 28.44% |
Benchmark Metrics
JPMorgan Equity Index Fund Class I has an annualized alpha of 1.59%, beta of 1.00, and R2 of 1.00 versus S&P 500 Index. Calculated based on daily prices since July 02, 1991.
- This fund captured 104.79% of S&P 500 Index gains but only 97.04% of its losses - a favorable profile for investors.
- With beta of 1.00 and R2 of 1.00, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.59%
- Beta
- 1.00
- R²
- 1.00
- Upside Capture
- 104.79%
- Downside Capture
- 97.04%
Expense Ratio
HLEIX has an expense ratio of 0.38%, placing it in the medium range.
Return for Risk
Risk / Return Rank
HLEIX ranks 62 for risk / return — better than 62% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for JPMorgan Equity Index Fund Class I (HLEIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HLEIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.37 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | 2.78 | +0.12 |
| Martin ratioReturn relative to average drawdown | 13.26 | 12.44 | +0.82 |
Dividends
Dividend History
JPMorgan Equity Index Fund Class I provided a 0.83% dividend yield over the last twelve months, with an annual payout of $0.94 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.94 | $1.15 | $0.96 | $0.95 | $0.86 | $1.71 | $0.90 | $0.99 | $0.83 | $1.01 | $3.88 | $6.99 |
Dividend yield | 0.83% | 1.12% | 1.09% | 1.32% | 1.50% | 2.39% | 1.58% | 2.02% | 2.16% | 2.46% | 11.24% | 20.30% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan Equity Index Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.44 | $1.15 |
| 2024 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.28 | $0.96 |
| 2023 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.28 | $0.95 |
| 2022 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.26 | $0.86 |
| 2021 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $1.16 | $1.71 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan Equity Index Fund Class I. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JPMorgan Equity Index Fund Class I was 55.22%, occurring on Mar 9, 2009. Recovery took 869 trading sessions.
The current JPMorgan Equity Index Fund Class I drawdown is 1.37%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -55.22%Mar 2009 | 1y 5mo | 3y 5mo | 4y 10moOct 2007 - Aug 2012 |
Dot-com crash2000–2002 | -47.73%Oct 2002 | 2y 6mo | 4y 1mo | 6y 7moMar 2000 - Nov 2006 |
COVID crash2020 | -33.73%Mar 2020 | 1mo 2d | 4mo 20d | 5mo 22dFeb 2020 - Aug 2020 |
Bear market2022 | -24.62%Oct 2022 | 9mo 11d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
Rate-hike selloffLate 2018 | -19.43%Dec 2018 | 3mo 4d | 3mo 19d | 6mo 23dSep 2018 - Apr 2019 |
Drawdown Indicators
| HLEIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.22% | -56.78% | +1.56% |
Max Drawdown (1Y)Largest decline over 1 year | -9.14% | -9.10% | -0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -18.77% | -18.90% | +0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -24.62% | -25.43% | +0.81% |
Max Drawdown (10Y)Largest decline over 10 years | -33.73% | -33.92% | +0.19% |
Current DrawdownCurrent decline from peak | -1.37% | -1.80% | +0.43% |
Average DrawdownAverage peak-to-trough decline | -8.78% | -10.71% | +1.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 2.03% | -0.03% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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