HLEIX vs. ORDNX
Compare and contrast key facts about JPMorgan Equity Index Fund Class I (HLEIX) and North Square Preferred and Income Securities Fund (ORDNX).
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. ORDNX is managed by North Square. It was launched on Jun 28, 2013.
Performance
HLEIX vs. ORDNX - Performance Comparison
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HLEIX vs. ORDNX - 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% |
ORDNX North Square Preferred and Income Securities Fund | -1.20% | 7.30% | 14.81% | 15.24% | -14.22% | 27.51% | 12.29% | 31.10% | -0.98% | 20.57% |
Returns By Period
In the year-to-date period, HLEIX achieves a -7.31% return, which is significantly lower than ORDNX's -1.20% return. Over the past 10 years, HLEIX has outperformed ORDNX with an annualized return of 13.50%, while ORDNX has yielded a comparatively lower 11.40% 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%
ORDNX
- 1D
- 0.09%
- 1M
- -2.25%
- YTD
- -1.20%
- 6M
- -0.56%
- 1Y
- 4.62%
- 3Y*
- 11.94%
- 5Y*
- 7.73%
- 10Y*
- 11.40%
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HLEIX vs. ORDNX - Expense Ratio Comparison
HLEIX has a 0.38% expense ratio, which is lower than ORDNX's 1.27% expense ratio.
Return for Risk
HLEIX vs. ORDNX — Risk / Return Rank
HLEIX
ORDNX
HLEIX vs. ORDNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Index Fund Class I (HLEIX) and North Square Preferred and Income Securities Fund (ORDNX). 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 | ORDNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.81 | 1.73 | -0.92 |
Sortino ratioReturn per unit of downside risk | 1.26 | 2.17 | -0.91 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.38 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 1.74 | -0.72 |
Martin ratioReturn relative to average drawdown | 4.93 | 6.65 | -1.72 |
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 | ORDNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 1.73 | -0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 1.10 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.80 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.73 | -0.17 |
Correlation
The correlation between HLEIX and ORDNX is 0.76, 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. ORDNX - Dividend Comparison
HLEIX's dividend yield for the trailing twelve months is around 0.99%, less than ORDNX's 6.77% 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% |
ORDNX North Square Preferred and Income Securities Fund | 6.77% | 6.99% | 5.50% | 5.72% | 15.30% | 8.48% | 2.77% | 1.85% | 3.13% | 1.22% | 2.65% | 2.98% |
Drawdowns
HLEIX vs. ORDNX - Drawdown Comparison
The maximum HLEIX drawdown since its inception was -55.22%, which is greater than ORDNX's maximum drawdown of -34.40%. Use the drawdown chart below to compare losses from any high point for HLEIX and ORDNX.
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Drawdown Indicators
| HLEIX | ORDNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.22% | -34.40% | -20.82% |
Max Drawdown (1Y)Largest decline over 1 year | -12.12% | -2.66% | -9.46% |
Max Drawdown (5Y)Largest decline over 5 years | -24.62% | -18.77% | -5.85% |
Max Drawdown (10Y)Largest decline over 10 years | -33.73% | -34.40% | +0.67% |
Current DrawdownCurrent decline from peak | -9.14% | -2.57% | -6.57% |
Average DrawdownAverage peak-to-trough decline | -8.83% | -3.86% | -4.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 0.69% | +1.81% |
Volatility
HLEIX vs. ORDNX - Volatility Comparison
JPMorgan Equity Index Fund Class I (HLEIX) has a higher volatility of 4.33% compared to North Square Preferred and Income Securities Fund (ORDNX) at 1.07%. This indicates that HLEIX's price experiences larger fluctuations and is considered to be riskier than ORDNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLEIX | ORDNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 1.07% | +3.26% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 1.69% | +7.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.16% | 2.63% | +15.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.85% | 7.08% | +9.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.03% | 14.24% | +3.79% |