DHLAX vs. OIEJX
Compare and contrast key facts about Diamond Hill Large Cap Fund (DHLAX) and JPMorgan Equity Income Fund R6 (OIEJX).
DHLAX is managed by Diamond Hill. It was launched on Jun 29, 2001. OIEJX is managed by JPMorgan Chase. It was launched on Jul 2, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DHLAX or OIEJX.
Correlation
The correlation between DHLAX and OIEJX 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
DHLAX vs. OIEJX - Performance Comparison
Key characteristics
DHLAX:
0.29
OIEJX:
0.16
DHLAX:
0.52
OIEJX:
0.32
DHLAX:
1.07
OIEJX:
1.05
DHLAX:
0.30
OIEJX:
0.13
DHLAX:
1.07
OIEJX:
0.36
DHLAX:
4.43%
OIEJX:
7.39%
DHLAX:
16.61%
OIEJX:
17.07%
DHLAX:
-52.68%
OIEJX:
-36.88%
DHLAX:
-7.56%
OIEJX:
-12.58%
Returns By Period
In the year-to-date period, DHLAX achieves a -1.33% return, which is significantly lower than OIEJX's 0.34% return. Over the past 10 years, DHLAX has outperformed OIEJX with an annualized return of 8.84%, while OIEJX has yielded a comparatively lower 7.69% annualized return.
DHLAX
-1.33%
6.43%
-3.72%
3.71%
12.86%
8.84%
OIEJX
0.34%
7.90%
-7.27%
2.17%
11.00%
7.69%
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DHLAX vs. OIEJX - Expense Ratio Comparison
DHLAX has a 0.96% expense ratio, which is higher than OIEJX's 0.45% expense ratio.
Risk-Adjusted Performance
DHLAX vs. OIEJX — Risk-Adjusted Performance Rank
DHLAX
OIEJX
DHLAX vs. OIEJX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Large Cap Fund (DHLAX) and JPMorgan Equity Income Fund R6 (OIEJX). 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
DHLAX vs. OIEJX - Dividend Comparison
DHLAX's dividend yield for the trailing twelve months is around 10.46%, more than OIEJX's 2.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHLAX Diamond Hill Large Cap Fund | 10.46% | 10.32% | 3.08% | 6.34% | 7.28% | 3.01% | 4.50% | 4.28% | 4.53% | 6.30% | 4.79% | 0.84% |
OIEJX JPMorgan Equity Income Fund R6 | 2.18% | 2.16% | 2.30% | 2.21% | 1.75% | 2.05% | 2.01% | 2.46% | 1.83% | 2.11% | 2.26% | 2.16% |
Drawdowns
DHLAX vs. OIEJX - Drawdown Comparison
The maximum DHLAX drawdown since its inception was -52.68%, which is greater than OIEJX's maximum drawdown of -36.88%. Use the drawdown chart below to compare losses from any high point for DHLAX and OIEJX. For additional features, visit the drawdowns tool.
Volatility
DHLAX vs. OIEJX - Volatility Comparison
Diamond Hill Large Cap Fund (DHLAX) and JPMorgan Equity Income Fund R6 (OIEJX) have volatilities of 11.95% and 11.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.