HLEIX vs. JMSIX
Compare and contrast key facts about JPMorgan Equity Index Fund Class I (HLEIX) and JPMorgan Income Fund (JMSIX).
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. JMSIX is managed by JPMorgan. It was launched on Jun 1, 2014.
Performance
HLEIX vs. JMSIX - Performance Comparison
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HLEIX vs. JMSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLEIX JPMorgan Equity Index Fund Class I | -4.60% | 17.65% | 24.78% | 26.02% | -18.29% | 28.44% | 18.19% | 31.23% | -4.62% | 21.62% |
JMSIX JPMorgan Income Fund | -0.17% | 7.68% | 7.78% | 6.14% | -8.24% | 3.59% | 3.07% | 11.82% | 1.03% | 6.00% |
Returns By Period
In the year-to-date period, HLEIX achieves a -4.60% return, which is significantly lower than JMSIX's -0.17% return. Over the past 10 years, HLEIX has outperformed JMSIX with an annualized return of 13.82%, while JMSIX has yielded a comparatively lower 3.95% annualized return.
HLEIX
- 1D
- 2.93%
- 1M
- -5.26%
- YTD
- -4.60%
- 6M
- -2.45%
- 1Y
- 16.86%
- 3Y*
- 17.99%
- 5Y*
- 11.52%
- 10Y*
- 13.82%
JMSIX
- 1D
- 0.12%
- 1M
- -1.05%
- YTD
- -0.17%
- 6M
- 1.33%
- 1Y
- 5.02%
- 3Y*
- 6.40%
- 5Y*
- 2.78%
- 10Y*
- 3.95%
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HLEIX vs. JMSIX - Expense Ratio Comparison
HLEIX has a 0.38% expense ratio, which is lower than JMSIX's 0.40% expense ratio.
Return for Risk
HLEIX vs. JMSIX — Risk / Return Rank
HLEIX
JMSIX
HLEIX vs. JMSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Index Fund Class I (HLEIX) and JPMorgan Income Fund (JMSIX). 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 | JMSIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.95 | 2.03 | -1.08 |
Sortino ratioReturn per unit of downside risk | 1.45 | 3.57 | -2.11 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.50 | -0.28 |
Calmar ratioReturn relative to maximum drawdown | 1.48 | 3.47 | -1.99 |
Martin ratioReturn relative to average drawdown | 7.08 | 13.07 | -5.99 |
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 | JMSIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 2.03 | -1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.76 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 1.03 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.76 | -0.20 |
Correlation
The correlation between HLEIX and JMSIX is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HLEIX vs. JMSIX - Dividend Comparison
HLEIX's dividend yield for the trailing twelve months is around 0.96%, less than JMSIX's 5.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLEIX JPMorgan Equity Index Fund Class I | 0.96% | 1.12% | 1.09% | 1.32% | 1.50% | 2.39% | 1.58% | 2.02% | 2.16% | 2.46% | 11.24% | 20.30% |
JMSIX JPMorgan Income Fund | 5.52% | 5.95% | 5.78% | 4.43% | 4.78% | 4.00% | 4.95% | 5.10% | 5.43% | 5.42% | 0.46% | 0.00% |
Drawdowns
HLEIX vs. JMSIX - Drawdown Comparison
The maximum HLEIX drawdown since its inception was -55.22%, which is greater than JMSIX's maximum drawdown of -18.40%. Use the drawdown chart below to compare losses from any high point for HLEIX and JMSIX.
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Drawdown Indicators
| HLEIX | JMSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.22% | -18.40% | -36.82% |
Max Drawdown (1Y)Largest decline over 1 year | -12.12% | -1.64% | -10.48% |
Max Drawdown (5Y)Largest decline over 5 years | -24.62% | -11.39% | -13.23% |
Max Drawdown (10Y)Largest decline over 10 years | -33.73% | -18.40% | -15.33% |
Current DrawdownCurrent decline from peak | -6.48% | -1.28% | -5.20% |
Average DrawdownAverage peak-to-trough decline | -8.83% | -2.60% | -6.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.54% | 0.43% | +2.11% |
Volatility
HLEIX vs. JMSIX - Volatility Comparison
JPMorgan Equity Index Fund Class I (HLEIX) has a higher volatility of 5.42% compared to JPMorgan Income Fund (JMSIX) at 0.77%. This indicates that HLEIX's price experiences larger fluctuations and is considered to be riskier than JMSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLEIX | JMSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.42% | 0.77% | +4.65% |
Volatility (6M)Calculated over the trailing 6-month period | 9.58% | 1.67% | +7.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.35% | 2.59% | +15.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.90% | 3.69% | +13.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.05% | 3.85% | +14.20% |