HLIEX vs. ^GSPC
Compare and contrast key facts about JPMorgan Equity Income Fund (HLIEX) and S&P 500 (^GSPC).
HLIEX is managed by JPMorgan Chase. It was launched on Jul 2, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HLIEX or ^GSPC.
Key characteristics
| HLIEX | ^GSPC | |
|---|---|---|
| YTD Return | 18.09% | 25.23% |
| 1Y Return | 27.62% | 36.29% |
| 3Y Return (Ann) | 5.54% | 8.33% |
| 5Y Return (Ann) | 9.23% | 14.10% |
| 10Y Return (Ann) | 8.51% | 11.37% |
| Sharpe Ratio | 2.65 | 2.94 |
| Sortino Ratio | 3.76 | 3.93 |
| Omega Ratio | 1.49 | 1.55 |
| Calmar Ratio | 2.81 | 3.89 |
| Martin Ratio | 17.27 | 19.19 |
| Ulcer Index | 1.59% | 1.90% |
| Daily Std Dev | 10.34% | 12.38% |
| Max Drawdown | -75.13% | -56.78% |
| Current Drawdown | -0.56% | 0.00% |
Correlation
The correlation between HLIEX and ^GSPC is 0.91, 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
HLIEX vs. ^GSPC - Performance Comparison
In the year-to-date period, HLIEX achieves a 18.09% return, which is significantly lower than ^GSPC's 25.23% return. Over the past 10 years, HLIEX has underperformed ^GSPC with an annualized return of 8.51%, while ^GSPC has yielded a comparatively higher 11.37% 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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Risk-Adjusted Performance
HLIEX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Income Fund (HLIEX) and S&P 500 (^GSPC). 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.
Drawdowns
HLIEX vs. ^GSPC - Drawdown Comparison
The maximum HLIEX drawdown since its inception was -75.13%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HLIEX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
HLIEX vs. ^GSPC - Volatility Comparison
JPMorgan Equity Income Fund (HLIEX) and S&P 500 (^GSPC) have volatilities of 3.98% and 3.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.