HLEIX vs. OLGAX
Compare and contrast key facts about JPMorgan Equity Index Fund Class I (HLEIX) and JPMorgan Large Cap Growth Fund Class A (OLGAX).
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. OLGAX is managed by JPMorgan. It was launched on Feb 28, 1992.
Performance
HLEIX vs. OLGAX - Performance Comparison
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HLEIX vs. OLGAX - 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% |
OLGAX JPMorgan Large Cap Growth Fund Class A | -11.67% | 13.79% | 34.85% | 34.28% | -25.58% | 17.87% | 55.60% | 38.81% | 0.23% | 37.75% |
Returns By Period
In the year-to-date period, HLEIX achieves a -7.31% return, which is significantly higher than OLGAX's -11.67% return. Over the past 10 years, HLEIX has underperformed OLGAX with an annualized return of 13.50%, while OLGAX has yielded a comparatively higher 17.27% 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%
OLGAX
- 1D
- -0.66%
- 1M
- -8.22%
- YTD
- -11.67%
- 6M
- -13.40%
- 1Y
- 9.06%
- 3Y*
- 18.61%
- 5Y*
- 9.75%
- 10Y*
- 17.27%
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HLEIX vs. OLGAX - Expense Ratio Comparison
HLEIX has a 0.38% expense ratio, which is lower than OLGAX's 1.01% expense ratio.
Return for Risk
HLEIX vs. OLGAX — Risk / Return Rank
HLEIX
OLGAX
HLEIX vs. OLGAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Index Fund Class I (HLEIX) and JPMorgan Large Cap Growth Fund Class A (OLGAX). 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 | OLGAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.81 | 0.44 | +0.36 |
Sortino ratioReturn per unit of downside risk | 1.26 | 0.78 | +0.48 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.11 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 0.38 | +0.64 |
Martin ratioReturn relative to average drawdown | 4.93 | 1.18 | +3.75 |
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 | OLGAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 0.44 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.49 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.81 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.47 | +0.09 |
Correlation
The correlation between HLEIX and OLGAX is 0.92, 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. OLGAX - Dividend Comparison
HLEIX's dividend yield for the trailing twelve months is around 0.99%, less than OLGAX's 13.38% 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% |
OLGAX JPMorgan Large Cap Growth Fund Class A | 13.38% | 11.82% | 2.06% | 0.00% | 3.20% | 15.30% | 5.32% | 13.03% | 16.18% | 14.92% | 9.94% | 4.51% |
Drawdowns
HLEIX vs. OLGAX - Drawdown Comparison
The maximum HLEIX drawdown since its inception was -55.22%, smaller than the maximum OLGAX drawdown of -63.25%. Use the drawdown chart below to compare losses from any high point for HLEIX and OLGAX.
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Drawdown Indicators
| HLEIX | OLGAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.22% | -63.25% | +8.03% |
Max Drawdown (1Y)Largest decline over 1 year | -12.12% | -16.92% | +4.80% |
Max Drawdown (5Y)Largest decline over 5 years | -24.62% | -31.34% | +6.72% |
Max Drawdown (10Y)Largest decline over 10 years | -33.73% | -31.87% | -1.86% |
Current DrawdownCurrent decline from peak | -9.14% | -16.92% | +7.78% |
Average DrawdownAverage peak-to-trough decline | -8.83% | -18.78% | +9.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 5.51% | -3.01% |
Volatility
HLEIX vs. OLGAX - Volatility Comparison
The current volatility for JPMorgan Equity Index Fund Class I (HLEIX) is 4.33%, while JPMorgan Large Cap Growth Fund Class A (OLGAX) has a volatility of 5.22%. This indicates that HLEIX experiences smaller price fluctuations and is considered to be less risky than OLGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLEIX | OLGAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 5.22% | -0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 12.06% | -2.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.16% | 20.90% | -2.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.85% | 20.21% | -3.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.03% | 21.52% | -3.49% |