AGRDX vs. JHEQX
Compare and contrast key facts about JPMorgan Research Enhanced Equity Fund Class R6 (AGRDX) and JPMorgan Hedged Equity Fund Class I (JHEQX).
AGRDX is managed by JPMorgan. It was launched on Mar 31, 2016. JHEQX is managed by JPMorgan. It was launched on Dec 13, 2013.
Performance
AGRDX vs. JHEQX - Performance Comparison
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AGRDX vs. JHEQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGRDX JPMorgan Research Enhanced Equity Fund Class R6 | -10.14% | 15.66% | 26.66% | 43.81% | -31.15% | 28.29% | 35.69% | 35.89% | -1.22% | 29.85% |
JHEQX JPMorgan Hedged Equity Fund Class I | -4.94% | 7.49% | 18.23% | 16.07% | -8.05% | 13.43% | 14.10% | 13.31% | -0.72% | 12.70% |
Returns By Period
In the year-to-date period, AGRDX achieves a -10.14% return, which is significantly lower than JHEQX's -4.94% return. Over the past 10 years, AGRDX has outperformed JHEQX with an annualized return of 15.18%, while JHEQX has yielded a comparatively lower 8.72% annualized return.
AGRDX
- 1D
- 3.75%
- 1M
- -5.61%
- YTD
- -10.14%
- 6M
- -9.70%
- 1Y
- 15.89%
- 3Y*
- 18.02%
- 5Y*
- 10.09%
- 10Y*
- 15.18%
JHEQX
- 1D
- 0.75%
- 1M
- -5.47%
- YTD
- -4.94%
- 6M
- -2.73%
- 1Y
- 7.14%
- 3Y*
- 9.50%
- 5Y*
- 6.83%
- 10Y*
- 8.72%
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AGRDX vs. JHEQX - Expense Ratio Comparison
AGRDX has a 0.25% expense ratio, which is lower than JHEQX's 0.58% expense ratio.
Return for Risk
AGRDX vs. JHEQX — Risk / Return Rank
AGRDX
JHEQX
AGRDX vs. JHEQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Research Enhanced Equity Fund Class R6 (AGRDX) and JPMorgan Hedged Equity Fund Class I (JHEQX). 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.
| AGRDX | JHEQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 0.72 | +0.03 |
Sortino ratioReturn per unit of downside risk | 1.24 | 1.10 | +0.14 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.17 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 1.07 | -0.05 |
Martin ratioReturn relative to average drawdown | 3.52 | 4.43 | -0.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AGRDX | JHEQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 0.72 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.77 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.93 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.84 | -0.16 |
Correlation
The correlation between AGRDX and JHEQX is 0.88, 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.
Dividends
AGRDX vs. JHEQX - Dividend Comparison
AGRDX's dividend yield for the trailing twelve months is around 18.09%, more than JHEQX's 0.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGRDX JPMorgan Research Enhanced Equity Fund Class R6 | 18.09% | 16.25% | 5.72% | 4.64% | 5.01% | 9.55% | 5.24% | 5.86% | 13.94% | 9.95% | 4.58% | 6.71% |
JHEQX JPMorgan Hedged Equity Fund Class I | 0.64% | 0.65% | 0.75% | 0.98% | 0.99% | 0.71% | 1.11% | 1.11% | 1.13% | 0.99% | 1.35% | 1.21% |
Drawdowns
AGRDX vs. JHEQX - Drawdown Comparison
The maximum AGRDX drawdown since its inception was -34.73%, which is greater than JHEQX's maximum drawdown of -18.85%. Use the drawdown chart below to compare losses from any high point for AGRDX and JHEQX.
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Drawdown Indicators
| AGRDX | JHEQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.73% | -18.85% | -15.88% |
Max Drawdown (1Y)Largest decline over 1 year | -16.55% | -6.92% | -9.63% |
Max Drawdown (5Y)Largest decline over 5 years | -34.73% | -14.34% | -20.39% |
Max Drawdown (10Y)Largest decline over 10 years | -34.73% | -18.85% | -15.88% |
Current DrawdownCurrent decline from peak | -13.42% | -6.19% | -7.23% |
Average DrawdownAverage peak-to-trough decline | -5.93% | -2.16% | -3.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.81% | 1.67% | +3.14% |
Volatility
AGRDX vs. JHEQX - Volatility Comparison
JPMorgan Research Enhanced Equity Fund Class R6 (AGRDX) has a higher volatility of 6.79% compared to JPMorgan Hedged Equity Fund Class I (JHEQX) at 2.81%. This indicates that AGRDX's price experiences larger fluctuations and is considered to be riskier than JHEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGRDX | JHEQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.79% | 2.81% | +3.98% |
Volatility (6M)Calculated over the trailing 6-month period | 12.60% | 5.56% | +7.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.68% | 10.23% | +12.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.62% | 8.89% | +12.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.27% | 9.41% | +11.86% |