FLMVX vs. SPY
Compare and contrast key facts about JPMorgan Mid Cap Value Fund (FLMVX) and SPDR S&P 500 ETF (SPY).
FLMVX is managed by JPMorgan Chase. It was launched on Nov 13, 1997. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLMVX or SPY.
Correlation
The correlation between FLMVX and SPY is 0.86, 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. SPY - Performance Comparison
Key characteristics
FLMVX:
0.25
SPY:
2.21
FLMVX:
0.40
SPY:
2.93
FLMVX:
1.07
SPY:
1.41
FLMVX:
0.16
SPY:
3.26
FLMVX:
1.03
SPY:
14.40
FLMVX:
3.84%
SPY:
1.90%
FLMVX:
15.74%
SPY:
12.44%
FLMVX:
-59.54%
SPY:
-55.19%
FLMVX:
-20.25%
SPY:
-1.83%
Returns By Period
In the year-to-date period, FLMVX achieves a 3.51% return, which is significantly lower than SPY's 26.72% return. Over the past 10 years, FLMVX has underperformed SPY with an annualized return of 0.95%, while SPY has yielded a comparatively higher 13.04% annualized return.
FLMVX
3.51%
-14.82%
-0.64%
3.97%
-0.34%
0.95%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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FLMVX vs. SPY - Expense Ratio Comparison
FLMVX has a 0.75% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FLMVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mid Cap Value Fund (FLMVX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
FLMVX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLMVX JPMorgan Mid Cap Value Fund | 0.00% | 1.32% | 1.25% | 0.81% | 1.22% | 1.30% | 1.75% | 0.91% | 0.87% | 0.93% | 1.08% | 0.87% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FLMVX vs. SPY - Drawdown Comparison
The maximum FLMVX drawdown since its inception was -59.54%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FLMVX and SPY. For additional features, visit the drawdowns tool.
Volatility
FLMVX vs. SPY - Volatility Comparison
JPMorgan Mid Cap Value Fund (FLMVX) has a higher volatility of 10.68% compared to SPDR S&P 500 ETF (SPY) at 3.81%. This indicates that FLMVX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.