HLEIX vs. OIEJX
Compare and contrast key facts about JPMorgan Equity Index Fund Class I (HLEIX) and JPMorgan Equity Income Fund R6 (OIEJX).
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. OIEJX is managed by JPMorgan. It was launched on Jul 2, 1987.
Performance
HLEIX vs. OIEJX - Performance Comparison
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HLEIX vs. OIEJX - 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% |
OIEJX JPMorgan Equity Income Fund R6 | 1.64% | 14.95% | 19.97% | 5.05% | -1.63% | 25.41% | 3.87% | 26.61% | -4.23% | 17.85% |
Returns By Period
In the year-to-date period, HLEIX achieves a -4.60% return, which is significantly lower than OIEJX's 1.64% return. Over the past 10 years, HLEIX has outperformed OIEJX with an annualized return of 13.82%, while OIEJX has yielded a comparatively lower 11.66% 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%
OIEJX
- 1D
- 1.91%
- 1M
- -4.62%
- YTD
- 1.64%
- 6M
- 4.35%
- 1Y
- 13.78%
- 3Y*
- 14.62%
- 5Y*
- 10.50%
- 10Y*
- 11.66%
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HLEIX vs. OIEJX - Expense Ratio Comparison
HLEIX has a 0.38% expense ratio, which is lower than OIEJX's 0.45% expense ratio.
Return for Risk
HLEIX vs. OIEJX — Risk / Return Rank
HLEIX
OIEJX
HLEIX vs. OIEJX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Index Fund Class I (HLEIX) and JPMorgan Equity Income Fund R6 (OIEJX). 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 | OIEJX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.95 | 0.90 | +0.05 |
Sortino ratioReturn per unit of downside risk | 1.45 | 1.31 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.20 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.48 | 1.33 | +0.16 |
Martin ratioReturn relative to average drawdown | 7.08 | 5.68 | +1.40 |
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 | OIEJX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 0.90 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.74 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.70 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.76 | -0.19 |
Correlation
The correlation between HLEIX and OIEJX 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.
Dividends
HLEIX vs. OIEJX - Dividend Comparison
HLEIX's dividend yield for the trailing twelve months is around 0.96%, less than OIEJX's 10.94% 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% |
OIEJX JPMorgan Equity Income Fund R6 | 10.94% | 11.06% | 14.67% | 3.01% | 3.93% | 3.57% | 2.04% | 3.01% | 5.37% | 2.70% | 2.71% | 3.03% |
Drawdowns
HLEIX vs. OIEJX - Drawdown Comparison
The maximum HLEIX drawdown since its inception was -55.22%, which is greater than OIEJX's maximum drawdown of -36.88%. Use the drawdown chart below to compare losses from any high point for HLEIX and OIEJX.
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Drawdown Indicators
| HLEIX | OIEJX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.22% | -36.88% | -18.34% |
Max Drawdown (1Y)Largest decline over 1 year | -12.12% | -11.34% | -0.78% |
Max Drawdown (5Y)Largest decline over 5 years | -24.62% | -14.74% | -9.88% |
Max Drawdown (10Y)Largest decline over 10 years | -33.73% | -36.88% | +3.15% |
Current DrawdownCurrent decline from peak | -6.48% | -5.30% | -1.18% |
Average DrawdownAverage peak-to-trough decline | -8.83% | -3.03% | -5.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.54% | 2.65% | -0.11% |
Volatility
HLEIX vs. OIEJX - Volatility Comparison
JPMorgan Equity Index Fund Class I (HLEIX) has a higher volatility of 5.42% compared to JPMorgan Equity Income Fund R6 (OIEJX) at 4.07%. This indicates that HLEIX's price experiences larger fluctuations and is considered to be riskier than OIEJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLEIX | OIEJX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.42% | 4.07% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 9.58% | 7.87% | +1.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.35% | 15.26% | +3.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.90% | 14.30% | +2.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.05% | 16.77% | +1.28% |