HLEIX vs. FNCMX
Compare and contrast key facts about JPMorgan Equity Index Fund Class I (HLEIX) and Fidelity NASDAQ Composite Index Fund (FNCMX).
HLEIX is a passively managed fund by JPMorgan that tracks the performance of the S&P 500 Index. It was launched on Jul 2, 1991. FNCMX is managed by Fidelity.
Performance
HLEIX vs. FNCMX - Performance Comparison
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HLEIX vs. FNCMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLEIX JPMorgan Equity Index Fund Class I | -7.31% | 17.65% | 24.78% | 26.02% | -18.29% | 28.44% | 18.19% | 31.23% | -4.62% | 21.62% |
FNCMX Fidelity NASDAQ Composite Index Fund | -10.43% | 21.11% | 29.48% | 45.13% | -32.40% | 22.21% | 44.57% | 36.63% | -3.07% | 28.35% |
Returns By Period
In the year-to-date period, HLEIX achieves a -7.31% return, which is significantly higher than FNCMX's -10.43% return. Over the past 10 years, HLEIX has underperformed FNCMX with an annualized return of 13.50%, while FNCMX has yielded a comparatively higher 16.42% annualized return.
HLEIX
- 1D
- -0.40%
- 1M
- -7.91%
- YTD
- -7.31%
- 6M
- -4.91%
- 1Y
- 13.97%
- 3Y*
- 16.86%
- 5Y*
- 11.14%
- 10Y*
- 13.50%
FNCMX
- 1D
- -0.73%
- 1M
- -8.22%
- YTD
- -10.43%
- 6M
- -8.01%
- 1Y
- 20.91%
- 3Y*
- 20.31%
- 5Y*
- 10.35%
- 10Y*
- 16.42%
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HLEIX vs. FNCMX - Expense Ratio Comparison
HLEIX has a 0.38% expense ratio, which is higher than FNCMX's 0.29% expense ratio.
Return for Risk
HLEIX vs. FNCMX — Risk / Return Rank
HLEIX
FNCMX
HLEIX vs. FNCMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Index Fund Class I (HLEIX) and Fidelity NASDAQ Composite Index Fund (FNCMX). 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.
| HLEIX | FNCMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.81 | 0.91 | -0.10 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.44 | -0.18 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.20 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 1.32 | -0.30 |
Martin ratioReturn relative to average drawdown | 4.93 | 4.92 | +0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HLEIX | FNCMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 0.91 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.46 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.75 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.52 | +0.04 |
Correlation
The correlation between HLEIX and FNCMX is 0.90, 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.
Dividends
HLEIX vs. FNCMX - Dividend Comparison
HLEIX's dividend yield for the trailing twelve months is around 0.99%, more than FNCMX's 0.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLEIX JPMorgan Equity Index Fund Class I | 0.99% | 1.12% | 1.09% | 1.32% | 1.50% | 2.39% | 1.58% | 2.02% | 2.16% | 2.46% | 11.24% | 20.30% |
FNCMX Fidelity NASDAQ Composite Index Fund | 0.57% | 0.51% | 0.61% | 0.67% | 0.88% | 0.47% | 0.67% | 4.41% | 1.93% | 0.03% | 1.01% | 1.50% |
Drawdowns
HLEIX vs. FNCMX - Drawdown Comparison
The maximum HLEIX drawdown since its inception was -55.22%, roughly equal to the maximum FNCMX drawdown of -55.08%. Use the drawdown chart below to compare losses from any high point for HLEIX and FNCMX.
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Drawdown Indicators
| HLEIX | FNCMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.22% | -55.08% | -0.14% |
Max Drawdown (1Y)Largest decline over 1 year | -12.12% | -13.25% | +1.13% |
Max Drawdown (5Y)Largest decline over 5 years | -24.62% | -35.64% | +11.02% |
Max Drawdown (10Y)Largest decline over 10 years | -33.73% | -35.64% | +1.91% |
Current DrawdownCurrent decline from peak | -9.14% | -13.01% | +3.87% |
Average DrawdownAverage peak-to-trough decline | -8.83% | -7.91% | -0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 3.56% | -1.06% |
Volatility
HLEIX vs. FNCMX - Volatility Comparison
The current volatility for JPMorgan Equity Index Fund Class I (HLEIX) is 4.33%, while Fidelity NASDAQ Composite Index Fund (FNCMX) has a volatility of 5.63%. This indicates that HLEIX experiences smaller price fluctuations and is considered to be less risky than FNCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLEIX | FNCMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 5.63% | -1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 12.48% | -3.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.16% | 23.06% | -4.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.85% | 22.42% | -5.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.03% | 21.97% | -3.94% |