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 0.88, 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. SPY - Performance Comparison
Key characteristics
FLMVX:
-0.15
SPY:
0.60
FLMVX:
-0.07
SPY:
0.98
FLMVX:
0.99
SPY:
1.15
FLMVX:
-0.10
SPY:
0.64
FLMVX:
-0.27
SPY:
2.53
FLMVX:
10.61%
SPY:
4.77%
FLMVX:
19.53%
SPY:
20.03%
FLMVX:
-59.54%
SPY:
-55.19%
FLMVX:
-22.92%
SPY:
-8.56%
Returns By Period
In the year-to-date period, FLMVX achieves a -3.18% return, which is significantly higher than SPY's -4.37% return. Over the past 10 years, FLMVX has underperformed SPY with an annualized return of 0.40%, while SPY has yielded a comparatively higher 12.15% annualized return.
FLMVX
-3.18%
7.75%
-13.13%
-5.00%
5.08%
0.40%
SPY
-4.37%
10.59%
-2.49%
9.55%
15.94%
12.15%
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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 Rank
FLMVX
SPY
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's dividend yield for the trailing twelve months is around 12.55%, more than SPY's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLMVX JPMorgan Mid Cap Value Fund | 12.55% | 12.15% | 6.09% | 11.73% | 14.98% | 7.73% | 5.20% | 8.30% | 2.71% | 7.04% | 6.69% | 8.60% |
SPY SPDR S&P 500 ETF | 1.28% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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
The current volatility for JPMorgan Mid Cap Value Fund (FLMVX) is 8.97%, while SPDR S&P 500 ETF (SPY) has a volatility of 12.57%. This indicates that FLMVX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.