HLGEX vs. XMHQ
Compare and contrast key facts about JPMorgan Mid Cap Growth Fund (HLGEX) and Invesco S&P MidCap Quality ETF (XMHQ).
HLGEX is managed by JPMorgan. It was launched on Mar 2, 1989. XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006.
Performance
HLGEX vs. XMHQ - Performance Comparison
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HLGEX vs. XMHQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLGEX JPMorgan Mid Cap Growth Fund | -5.79% | 8.65% | 22.80% | 23.11% | -27.08% | 10.67% | 48.33% | 39.73% | -5.07% | 29.51% |
XMHQ Invesco S&P MidCap Quality ETF | 2.09% | 4.71% | 16.79% | 29.51% | -12.42% | 20.98% | 26.61% | 27.18% | -9.08% | 15.64% |
Returns By Period
In the year-to-date period, HLGEX achieves a -5.79% return, which is significantly lower than XMHQ's 2.09% return. Both investments have delivered pretty close results over the past 10 years, with HLGEX having a 12.70% annualized return and XMHQ not far behind at 12.53%.
HLGEX
- 1D
- 3.94%
- 1M
- -6.15%
- YTD
- -5.79%
- 6M
- -8.32%
- 1Y
- 11.90%
- 3Y*
- 12.84%
- 5Y*
- 3.94%
- 10Y*
- 12.70%
XMHQ
- 1D
- 1.01%
- 1M
- -4.01%
- YTD
- 2.09%
- 6M
- -0.40%
- 1Y
- 13.46%
- 3Y*
- 14.90%
- 5Y*
- 8.29%
- 10Y*
- 12.53%
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HLGEX vs. XMHQ - Expense Ratio Comparison
HLGEX has a 0.89% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Return for Risk
HLGEX vs. XMHQ — Risk / Return Rank
HLGEX
XMHQ
HLGEX vs. XMHQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mid Cap Growth Fund (HLGEX) and Invesco S&P MidCap Quality ETF (XMHQ). 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.
| HLGEX | XMHQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.56 | 0.67 | -0.11 |
Sortino ratioReturn per unit of downside risk | 0.95 | 1.13 | -0.19 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.14 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.87 | 1.18 | -0.31 |
Martin ratioReturn relative to average drawdown | 2.75 | 4.29 | -1.53 |
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
| HLGEX | XMHQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 0.67 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.40 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.61 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.44 | +0.05 |
Correlation
The correlation between HLGEX and XMHQ is 0.78, 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. XMHQ - Dividend Comparison
HLGEX's dividend yield for the trailing twelve months is around 10.01%, more than XMHQ's 0.59% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLGEX JPMorgan Mid Cap Growth Fund | 10.01% | 9.43% | 14.70% | 0.00% | 0.79% | 8.87% | 10.61% | 7.29% | 7.26% | 6.41% | 0.04% | 5.32% |
XMHQ Invesco S&P MidCap Quality ETF | 0.59% | 0.64% | 5.20% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.63% | 1.34% |
Drawdowns
HLGEX vs. XMHQ - Drawdown Comparison
The maximum HLGEX drawdown since its inception was -57.65%, roughly equal to the maximum XMHQ drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for HLGEX and XMHQ.
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Drawdown Indicators
| HLGEX | XMHQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.65% | -58.19% | +0.54% |
Max Drawdown (1Y)Largest decline over 1 year | -14.19% | -12.54% | -1.65% |
Max Drawdown (5Y)Largest decline over 5 years | -37.16% | -25.47% | -11.69% |
Max Drawdown (10Y)Largest decline over 10 years | -37.16% | -36.90% | -0.26% |
Current DrawdownCurrent decline from peak | -10.81% | -4.40% | -6.41% |
Average DrawdownAverage peak-to-trough decline | -11.46% | -9.35% | -2.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.46% | 3.44% | +1.02% |
Volatility
HLGEX vs. XMHQ - Volatility Comparison
JPMorgan Mid Cap Growth Fund (HLGEX) has a higher volatility of 7.64% compared to Invesco S&P MidCap Quality ETF (XMHQ) at 5.99%. This indicates that HLGEX's price experiences larger fluctuations and is considered to be riskier than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLGEX | XMHQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.64% | 5.99% | +1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 13.72% | 11.42% | +2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.08% | 20.29% | +2.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.32% | 20.76% | +1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.90% | 20.69% | +1.21% |