HLIEX vs. VIHAX
HLIEX (JPMorgan Equity Income Fund) and VIHAX (Vanguard International High Dividend Yield Index Fund Admiral Shares) are both mutual funds - HLIEX is a Dividend fund managed by JPMorgan, while VIHAX is a Large Cap Value Equities fund tracking the FTSE All-World ex US High Dividend Yield Index. Over the past 10 years, HLIEX returned 12.46%/yr vs 11.24%/yr for VIHAX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. HLIEX charges 0.70%/yr vs 0.16%/yr for VIHAX.
Performance
HLIEX vs. VIHAX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with HLIEX having a 16.66% return and VIHAX slightly higher at 17.32%. Over the past 10 years, HLIEX has outperformed VIHAX with an annualized return of 12.46%, while VIHAX has yielded a comparatively lower 11.24% annualized return.
HLIEX
- 1D
- 0.81%
- 1M
- 1.62%
- 6M
- 11.61%
- YTD
- 16.66%
- 1Y
- 26.84%
- 3Y*
- 17.67%
- 5Y*
- 11.87%
- 10Y*
- 12.46%
- ALL TIME*
- 9.24%
VIHAX
- 1D
- -0.62%
- 1M
- 4.34%
- 6M
- 10.32%
- YTD
- 17.32%
- 1Y
- 34.48%
- 3Y*
- 21.86%
- 5Y*
- 14.01%
- 10Y*
- 11.24%
- ALL TIME*
- 11.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
HLIEX vs. VIHAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLIEX JPMorgan Equity Income Fund | 16.66% | 14.67% | 19.67% | 4.79% | -1.88% | 25.10% | 3.61% | 26.30% | -4.45% | 17.55% |
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares | 17.32% | 38.01% | 6.96% | 16.81% | -6.88% | 15.01% | -0.73% | 20.03% | -12.38% | 22.40% |
Correlation
The correlation between HLIEX and VIHAX is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.65 |
Correlation (3Y) Balances recent behavior with more history. | 0.63 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.70 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2016 | 0.73 |
The correlation between HLIEX and VIHAX shifts across timeframes, from 0.63 (3 years) to 0.73 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HLIEX vs. VIHAX — Risk / Return Rank
HLIEX
VIHAX
HLIEX vs. VIHAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Income Fund (HLIEX) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HLIEX | VIHAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.53 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | 3.63 | -0.01 |
| Martin ratioReturn relative to average drawdown | 14.06 | 13.90 | +0.16 |
Loading charts...
Drawdowns
HLIEX vs. VIHAX - Drawdown Comparison
The maximum HLIEX drawdown since its inception was -50.33%, which is greater than VIHAX's maximum drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for HLIEX and VIHAX.
Loading charts...
Drawdown Indicators
| HLIEX | VIHAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.33% | -38.80% | -11.53% |
Max Drawdown (1Y)Largest decline over 1 year | -7.08% | -9.53% | +2.45% |
Max Drawdown (3Y)Largest decline over 3 years | -14.19% | -12.29% | -1.90% |
Max Drawdown (5Y)Largest decline over 5 years | -14.85% | -23.92% | +9.07% |
Max Drawdown (10Y)Largest decline over 10 years | -36.89% | -38.80% | +1.91% |
Current DrawdownCurrent decline from peak | 0.00% | -0.62% | +0.62% |
Average DrawdownAverage peak-to-trough decline | -6.34% | -5.94% | -0.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.49% | -0.67% |
Volatility
HLIEX vs. VIHAX - Volatility Comparison
The current volatility for JPMorgan Equity Income Fund (HLIEX) is 2.83%, while Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX) has a volatility of 3.46%. This indicates that HLIEX experiences smaller price fluctuations and is considered to be less risky than VIHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HLIEX | VIHAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.83% | 3.46% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 7.95% | 10.28% | -2.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.61% | 12.13% | -1.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.24% | 13.76% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.76% | 15.55% | +1.21% |
HLIEX vs. VIHAX - Expense Ratio Comparison
HLIEX has a 0.70% expense ratio, which is higher than VIHAX's 0.16% expense ratio.
Dividends
HLIEX vs. VIHAX - Dividend Comparison
HLIEX's dividend yield for the trailing twelve months is around 9.23%, more than VIHAX's 3.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLIEX JPMorgan Equity Income Fund | 9.23% | 10.81% | 14.41% | 2.77% | 3.67% | 3.33% | 1.82% | 2.78% | 5.12% | 2.47% | 2.45% | 2.73% |
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares | 3.45% | 3.69% | 4.85% | 4.58% | 4.70% | 4.30% | 3.22% | 5.63% | 4.28% | 3.16% | 2.37% | 0.00% |
Frequently Asked Questions
HLIEX and VIHAX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VIHAX has higher volatility (3.46%) compared to HLIEX (2.83%). In terms of maximum drawdown, HLIEX dropped -50.33% vs VIHAX's -38.80%.
VIHAX currently has the higher Sharpe Ratio (2.86 vs 2.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for HLIEX and VIHAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer