HLIPX vs. SAVYX
Compare and contrast key facts about JPMorgan Core Plus Bond Fund (HLIPX) and Virtus Newfleet Core Plus Bond Fund (SAVYX).
HLIPX is managed by JPMorgan Chase. It was launched on Mar 5, 1993. SAVYX is managed by Virtus. It was launched on Mar 7, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HLIPX or SAVYX.
Key characteristics
| HLIPX | SAVYX | |
|---|---|---|
| YTD Return | 3.23% | 3.73% |
| 1Y Return | 9.40% | 9.40% |
| 3Y Return (Ann) | -1.76% | -1.27% |
| 5Y Return (Ann) | 0.33% | 1.00% |
| 10Y Return (Ann) | 1.75% | 2.24% |
| Sharpe Ratio | 1.67 | 1.82 |
| Sortino Ratio | 2.48 | 2.76 |
| Omega Ratio | 1.30 | 1.33 |
| Calmar Ratio | 0.65 | 0.72 |
| Martin Ratio | 7.03 | 8.10 |
| Ulcer Index | 1.38% | 1.16% |
| Daily Std Dev | 5.81% | 5.15% |
| Max Drawdown | -19.44% | -17.26% |
| Current Drawdown | -6.23% | -4.20% |
Correlation
The correlation between HLIPX and SAVYX is 0.84, 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
HLIPX vs. SAVYX - Performance Comparison
In the year-to-date period, HLIPX achieves a 3.23% return, which is significantly lower than SAVYX's 3.73% return. Over the past 10 years, HLIPX has underperformed SAVYX with an annualized return of 1.75%, while SAVYX has yielded a comparatively higher 2.24% 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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HLIPX vs. SAVYX - Expense Ratio Comparison
HLIPX has a 0.46% expense ratio, which is lower than SAVYX's 0.55% expense ratio.
Risk-Adjusted Performance
HLIPX vs. SAVYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Plus Bond Fund (HLIPX) and Virtus Newfleet Core Plus Bond Fund (SAVYX). 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
HLIPX vs. SAVYX - Dividend Comparison
HLIPX's dividend yield for the trailing twelve months is around 4.71%, less than SAVYX's 5.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLIPX JPMorgan Core Plus Bond Fund | 4.71% | 4.01% | 3.37% | 2.57% | 2.74% | 3.26% | 3.11% | 2.84% | 2.77% | 3.03% | 3.44% | 3.79% |
SAVYX Virtus Newfleet Core Plus Bond Fund | 5.18% | 4.39% | 3.10% | 2.51% | 2.63% | 3.23% | 3.67% | 3.48% | 3.19% | 3.51% | 4.26% | 4.18% |
Drawdowns
HLIPX vs. SAVYX - Drawdown Comparison
The maximum HLIPX drawdown since its inception was -19.44%, which is greater than SAVYX's maximum drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for HLIPX and SAVYX. For additional features, visit the drawdowns tool.
Volatility
HLIPX vs. SAVYX - Volatility Comparison
JPMorgan Core Plus Bond Fund (HLIPX) has a higher volatility of 1.61% compared to Virtus Newfleet Core Plus Bond Fund (SAVYX) at 1.42%. This indicates that HLIPX's price experiences larger fluctuations and is considered to be riskier than SAVYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.