ACAYX vs. JUEMX
Compare and contrast key facts about Alger Capital Appreciation Institutional Fund Class Y (ACAYX) and JPMorgan U.S. Equity Fund R6 (JUEMX).
ACAYX is managed by Alger. It was launched on Feb 28, 2017. JUEMX is managed by JPMorgan Chase. It was launched on Sep 17, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACAYX or JUEMX.
Correlation
The correlation between ACAYX and JUEMX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ACAYX vs. JUEMX - Performance Comparison
Key characteristics
ACAYX:
1.51
JUEMX:
1.44
ACAYX:
1.87
JUEMX:
1.88
ACAYX:
1.29
JUEMX:
1.29
ACAYX:
1.09
JUEMX:
2.07
ACAYX:
6.66
JUEMX:
6.69
ACAYX:
5.42%
JUEMX:
3.18%
ACAYX:
23.92%
JUEMX:
14.81%
ACAYX:
-52.18%
JUEMX:
-34.95%
ACAYX:
-11.89%
JUEMX:
-7.57%
Returns By Period
In the year-to-date period, ACAYX achieves a 3.39% return, which is significantly higher than JUEMX's 2.12% return.
ACAYX
3.39%
3.08%
9.90%
31.93%
5.26%
N/A
JUEMX
2.12%
2.22%
3.11%
20.29%
9.83%
7.16%
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ACAYX vs. JUEMX - Expense Ratio Comparison
ACAYX has a 0.83% expense ratio, which is higher than JUEMX's 0.44% expense ratio.
Risk-Adjusted Performance
ACAYX vs. JUEMX — Risk-Adjusted Performance Rank
ACAYX
JUEMX
ACAYX vs. JUEMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Institutional Fund Class Y (ACAYX) and JPMorgan U.S. Equity Fund R6 (JUEMX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ACAYX vs. JUEMX - Dividend Comparison
ACAYX has not paid dividends to shareholders, while JUEMX's dividend yield for the trailing twelve months is around 0.75%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACAYX Alger Capital Appreciation Institutional Fund Class Y | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JUEMX JPMorgan U.S. Equity Fund R6 | 0.75% | 0.77% | 1.06% | 1.28% | 0.79% | 0.92% | 1.10% | 1.41% | 1.11% | 1.22% | 1.24% | 1.36% |
Drawdowns
ACAYX vs. JUEMX - Drawdown Comparison
The maximum ACAYX drawdown since its inception was -52.18%, which is greater than JUEMX's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for ACAYX and JUEMX. For additional features, visit the drawdowns tool.
Volatility
ACAYX vs. JUEMX - Volatility Comparison
Alger Capital Appreciation Institutional Fund Class Y (ACAYX) has a higher volatility of 7.34% compared to JPMorgan U.S. Equity Fund R6 (JUEMX) at 5.54%. This indicates that ACAYX's price experiences larger fluctuations and is considered to be riskier than JUEMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.