FLMVX vs. IVV
Compare and contrast key facts about JPMorgan Mid Cap Value Fund (FLMVX) and iShares Core S&P 500 ETF (IVV).
FLMVX is managed by JPMorgan Chase. It was launched on Nov 13, 1997. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLMVX or IVV.
Key characteristics
FLMVX | IVV | |
---|---|---|
YTD Return | 7.06% | 11.77% |
1Y Return | 21.40% | 28.28% |
3Y Return (Ann) | 4.93% | 10.42% |
5Y Return (Ann) | 9.39% | 15.02% |
10Y Return (Ann) | 8.60% | 13.03% |
Sharpe Ratio | 1.74 | 2.56 |
Daily Std Dev | 12.87% | 11.52% |
Max Drawdown | -54.87% | -55.25% |
Current Drawdown | -1.69% | -0.07% |
Correlation
The correlation between FLMVX and IVV 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.
Performance
FLMVX vs. IVV - Performance Comparison
In the year-to-date period, FLMVX achieves a 7.06% return, which is significantly lower than IVV's 11.77% return. Over the past 10 years, FLMVX has underperformed IVV with an annualized return of 8.60%, while IVV has yielded a comparatively higher 13.03% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLMVX vs. IVV - Expense Ratio Comparison
FLMVX has a 0.75% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
FLMVX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mid Cap Value Fund (FLMVX) and iShares Core S&P 500 ETF (IVV). 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
FLMVX vs. IVV - Dividend Comparison
FLMVX's dividend yield for the trailing twelve months is around 5.67%, more than IVV's 1.30% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
JPMorgan Mid Cap Value Fund | 5.67% | 6.07% | 11.73% | 14.98% | 7.73% | 5.20% | 8.30% | 2.71% | 7.04% | 6.69% | 8.60% | 5.01% |
iShares Core S&P 500 ETF | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.20% | 1.75% | 2.01% | 2.26% | 1.82% | 1.80% |
Drawdowns
FLMVX vs. IVV - Drawdown Comparison
The maximum FLMVX drawdown since its inception was -54.87%, roughly equal to the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FLMVX and IVV. For additional features, visit the drawdowns tool.
Volatility
FLMVX vs. IVV - Volatility Comparison
The current volatility for JPMorgan Mid Cap Value Fund (FLMVX) is 2.66%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.39%. This indicates that FLMVX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.