HLGEX vs. VONG
Compare and contrast key facts about JPMorgan Mid Cap Growth Fund (HLGEX) and Vanguard Russell 1000 Growth ETF (VONG).
HLGEX is managed by JPMorgan Chase. It was launched on Mar 2, 1989. VONG is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Growth Index. It was launched on Sep 20, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HLGEX or VONG.
Key characteristics
| HLGEX | VONG | |
|---|---|---|
| YTD Return | 7.06% | 13.27% |
| 1Y Return | 24.28% | 37.31% |
| 3Y Return (Ann) | 2.45% | 11.97% |
| 5Y Return (Ann) | 12.54% | 18.50% |
| 10Y Return (Ann) | 11.88% | 16.02% |
| Sharpe Ratio | 1.70 | 2.57 |
| Daily Std Dev | 15.14% | 15.13% |
| Max Drawdown | -57.65% | -32.72% |
| Current Drawdown | -9.50% | -0.36% |
Correlation
The correlation between HLGEX and VONG is 0.89, 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.
Performance
HLGEX vs. VONG - Performance Comparison
In the year-to-date period, HLGEX achieves a 7.06% return, which is significantly lower than VONG's 13.27% return. Over the past 10 years, HLGEX has underperformed VONG with an annualized return of 11.88%, while VONG has yielded a comparatively higher 16.02% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HLGEX vs. VONG - Expense Ratio Comparison
HLGEX has a 0.89% expense ratio, which is higher than VONG's 0.08% expense ratio.
Risk-Adjusted Performance
HLGEX vs. VONG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mid Cap Growth Fund (HLGEX) and Vanguard Russell 1000 Growth ETF (VONG). 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.
Dividends
HLGEX vs. VONG - Dividend Comparison
HLGEX has not paid dividends to shareholders, while VONG's dividend yield for the trailing twelve months is around 0.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLGEX JPMorgan Mid Cap Growth Fund | 0.00% | 0.00% | 0.79% | 8.87% | 10.61% | 7.29% | 7.26% | 6.41% | 0.04% | 5.32% | 9.91% | 9.97% |
VONG Vanguard Russell 1000 Growth ETF | 0.66% | 0.71% | 0.98% | 0.58% | 0.77% | 1.03% | 1.18% | 1.19% | 1.48% | 1.47% | 1.43% | 1.28% |
Drawdowns
HLGEX vs. VONG - Drawdown Comparison
The maximum HLGEX drawdown since its inception was -57.65%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for HLGEX and VONG. For additional features, visit the drawdowns tool.
Volatility
HLGEX vs. VONG - Volatility Comparison
The current volatility for JPMorgan Mid Cap Growth Fund (HLGEX) is 4.29%, while Vanguard Russell 1000 Growth ETF (VONG) has a volatility of 4.82%. This indicates that HLGEX experiences smaller price fluctuations and is considered to be less risky than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.