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HLGEX vs. WMGAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HLGEX vs. WMGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Mid Cap Growth Fund (HLGEX) and Delaware Ivy Mid Cap Growth Fund (WMGAX). The values are adjusted to include any dividend payments, if applicable.

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HLGEX vs. WMGAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HLGEX
JPMorgan Mid Cap Growth Fund
-9.35%8.65%22.80%23.11%-27.08%10.67%48.33%39.73%-5.07%29.51%
WMGAX
Delaware Ivy Mid Cap Growth Fund
-9.94%0.83%10.02%19.97%-30.68%16.22%48.56%38.01%-0.20%26.95%

Returns By Period

In the year-to-date period, HLGEX achieves a -9.35% return, which is significantly higher than WMGAX's -9.94% return. Over the past 10 years, HLGEX has outperformed WMGAX with an annualized return of 12.27%, while WMGAX has yielded a comparatively lower 10.30% annualized return.


HLGEX

1D
-1.19%
1M
-9.76%
YTD
-9.35%
6M
-12.03%
1Y
8.52%
3Y*
11.39%
5Y*
3.47%
10Y*
12.27%

WMGAX

1D
-0.82%
1M
-11.41%
YTD
-9.94%
6M
-13.30%
1Y
-0.56%
3Y*
2.52%
5Y*
-1.06%
10Y*
10.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HLGEX vs. WMGAX - Expense Ratio Comparison

HLGEX has a 0.89% expense ratio, which is lower than WMGAX's 1.12% expense ratio.


Return for Risk

HLGEX vs. WMGAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HLGEX
HLGEX Risk / Return Rank: 1414
Overall Rank
HLGEX Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
HLGEX Sortino Ratio Rank: 1515
Sortino Ratio Rank
HLGEX Omega Ratio Rank: 1414
Omega Ratio Rank
HLGEX Calmar Ratio Rank: 1515
Calmar Ratio Rank
HLGEX Martin Ratio Rank: 1414
Martin Ratio Rank

WMGAX
WMGAX Risk / Return Rank: 55
Overall Rank
WMGAX Sharpe Ratio Rank: 55
Sharpe Ratio Rank
WMGAX Sortino Ratio Rank: 55
Sortino Ratio Rank
WMGAX Omega Ratio Rank: 55
Omega Ratio Rank
WMGAX Calmar Ratio Rank: 44
Calmar Ratio Rank
WMGAX Martin Ratio Rank: 44
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HLGEX vs. WMGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mid Cap Growth Fund (HLGEX) and Delaware Ivy Mid Cap Growth Fund (WMGAX). 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.


HLGEXWMGAXDifference

Sharpe ratio

Return per unit of total volatility

0.35

-0.03

+0.38

Sortino ratio

Return per unit of downside risk

0.66

0.12

+0.54

Omega ratio

Gain probability vs. loss probability

1.09

1.02

+0.07

Calmar ratio

Return relative to maximum drawdown

0.41

-0.16

+0.56

Martin ratio

Return relative to average drawdown

1.31

-0.51

+1.82

HLGEX vs. WMGAX - Sharpe Ratio Comparison

The current HLGEX Sharpe Ratio is 0.35, which is higher than the WMGAX Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of HLGEX and WMGAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HLGEXWMGAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.35

-0.03

+0.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.16

-0.04

+0.20

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.45

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.36

+0.12

Correlation

The correlation between HLGEX and WMGAX is 0.94, 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

HLGEX vs. WMGAX - Dividend Comparison

HLGEX's dividend yield for the trailing twelve months is around 10.40%, less than WMGAX's 12.32% yield.


TTM20252024202320222021202020192018201720162015
HLGEX
JPMorgan Mid Cap Growth Fund
10.40%9.43%14.70%0.00%0.79%8.87%10.61%7.29%7.26%6.41%0.04%5.32%
WMGAX
Delaware Ivy Mid Cap Growth Fund
12.32%11.10%15.30%6.66%11.94%13.08%9.97%5.23%10.28%7.92%3.98%10.88%

Drawdowns

HLGEX vs. WMGAX - Drawdown Comparison

The maximum HLGEX drawdown since its inception was -57.65%, which is greater than WMGAX's maximum drawdown of -53.74%. Use the drawdown chart below to compare losses from any high point for HLGEX and WMGAX.


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Drawdown Indicators


HLGEXWMGAXDifference

Max Drawdown

Largest peak-to-trough decline

-57.65%

-53.74%

-3.91%

Max Drawdown (1Y)

Largest decline over 1 year

-14.19%

-16.16%

+1.97%

Max Drawdown (5Y)

Largest decline over 5 years

-37.16%

-42.95%

+5.79%

Max Drawdown (10Y)

Largest decline over 10 years

-37.16%

-42.95%

+5.79%

Current Drawdown

Current decline from peak

-14.19%

-25.33%

+11.14%

Average Drawdown

Average peak-to-trough decline

-11.46%

-13.58%

+2.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.40%

4.96%

-0.56%

Volatility

HLGEX vs. WMGAX - Volatility Comparison

JPMorgan Mid Cap Growth Fund (HLGEX) has a higher volatility of 6.28% compared to Delaware Ivy Mid Cap Growth Fund (WMGAX) at 5.96%. This indicates that HLGEX's price experiences larger fluctuations and is considered to be riskier than WMGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HLGEXWMGAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.28%

5.96%

+0.32%

Volatility (6M)

Calculated over the trailing 6-month period

13.18%

12.75%

+0.43%

Volatility (1Y)

Calculated over the trailing 1-year period

22.79%

22.95%

-0.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.26%

25.00%

-2.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.87%

23.09%

-1.22%