GAUG vs. JHEQX
Compare and contrast key facts about FT Cboe Vest U.S. Equity Moderate Buffer ETF - August (GAUG) and JPMorgan Hedged Equity Fund Class I (JHEQX).
GAUG is a passively managed fund by FT Vest that tracks the performance of the S&P 500. It was launched on Aug 17, 2023. JHEQX is managed by JPMorgan Chase. It was launched on Dec 13, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAUG or JHEQX.
Correlation
The correlation between GAUG and JHEQX is 0.87, 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
GAUG vs. JHEQX - Performance Comparison
Key characteristics
GAUG:
2.39
JHEQX:
1.93
GAUG:
3.36
JHEQX:
2.65
GAUG:
1.53
JHEQX:
1.38
GAUG:
5.47
JHEQX:
3.34
GAUG:
24.61
JHEQX:
13.09
GAUG:
0.45%
JHEQX:
1.23%
GAUG:
4.68%
JHEQX:
8.40%
GAUG:
-4.88%
JHEQX:
-18.85%
GAUG:
-0.04%
JHEQX:
-0.91%
Returns By Period
In the year-to-date period, GAUG achieves a 1.78% return, which is significantly higher than JHEQX's 1.51% return.
GAUG
1.78%
2.18%
5.78%
10.99%
N/A
N/A
JHEQX
1.51%
1.91%
8.29%
15.95%
10.07%
8.41%
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GAUG vs. JHEQX - Expense Ratio Comparison
GAUG has a 0.85% expense ratio, which is higher than JHEQX's 0.58% expense ratio.
Risk-Adjusted Performance
GAUG vs. JHEQX — Risk-Adjusted Performance Rank
GAUG
JHEQX
GAUG vs. JHEQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Moderate Buffer ETF - August (GAUG) 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.
Dividends
GAUG vs. JHEQX - Dividend Comparison
GAUG has not paid dividends to shareholders, while JHEQX's dividend yield for the trailing twelve months is around 0.73%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAUG FT Cboe Vest U.S. Equity Moderate Buffer ETF - August | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JHEQX JPMorgan Hedged Equity Fund Class I | 0.73% | 0.74% | 0.98% | 0.98% | 0.71% | 1.11% | 1.11% | 1.13% | 0.99% | 1.35% | 1.22% | 1.07% |
Drawdowns
GAUG vs. JHEQX - Drawdown Comparison
The maximum GAUG drawdown since its inception was -4.88%, smaller than the maximum JHEQX drawdown of -18.85%. Use the drawdown chart below to compare losses from any high point for GAUG and JHEQX. For additional features, visit the drawdowns tool.
Volatility
GAUG vs. JHEQX - Volatility Comparison
The current volatility for FT Cboe Vest U.S. Equity Moderate Buffer ETF - August (GAUG) is 1.31%, while JPMorgan Hedged Equity Fund Class I (JHEQX) has a volatility of 1.96%. This indicates that GAUG experiences smaller price fluctuations and is considered to be less risky than JHEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.