IFN vs. JEMWX
IFN (The India Fund) and JEMWX (JPMorgan Emerging Markets Equity Fund Class R6) are both Emerging Markets Equities funds. Over the past 10 years, IFN returned 7.10%/yr vs 12.60%/yr for JEMWX. A 0.57 correlation means they provide meaningful diversification when combined. IFN charges 0.01%/yr vs 0.74%/yr for JEMWX.
Performance
IFN vs. JEMWX - Performance Comparison
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Returns By Period
In the year-to-date period, IFN achieves a -10.24% return, which is significantly lower than JEMWX's 36.45% return. Over the past 10 years, IFN has underperformed JEMWX with an annualized return of 7.10%, while JEMWX has yielded a comparatively higher 12.60% annualized return.
IFN
- 1D
- -1.46%
- 1M
- 2.13%
- YTD
- -10.24%
- 6M
- -11.08%
- 1Y
- -16.11%
- 3Y*
- 1.50%
- 5Y*
- 1.47%
- 10Y*
- 7.10%
JEMWX
- 1D
- 1.03%
- 1M
- 8.95%
- YTD
- 36.45%
- 6M
- 38.44%
- 1Y
- 68.97%
- 3Y*
- 26.44%
- 5Y*
- 6.99%
- 10Y*
- 12.60%
IFN vs. JEMWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IFN The India Fund | -10.24% | 0.42% | -2.26% | 36.48% | -15.85% | 22.31% | 12.25% | 11.27% | -5.33% | 37.15% |
JEMWX JPMorgan Emerging Markets Equity Fund Class R6 | 36.45% | 40.40% | 3.61% | 7.42% | -25.61% | -10.20% | 35.00% | 32.20% | -15.82% | 42.84% |
Correlation
The correlation between IFN and JEMWX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.57 |
The correlation between IFN and JEMWX shifts across timeframes, from 0.40 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IFN vs. JEMWX — Risk / Return Rank
IFN
JEMWX
IFN vs. JEMWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The India Fund (IFN) and JPMorgan Emerging Markets Equity Fund Class R6 (JEMWX). 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.
| IFN | JEMWX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.17 | ||
| Sortino ratioReturn per unit of downside risk | -5.19 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.58 | -0.73 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | 5.56 | -6.18 |
| Martin ratioReturn relative to average drawdown | -1.27 | 21.89 | -23.16 |
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Drawdowns
IFN vs. JEMWX - Drawdown Comparison
The maximum IFN drawdown since its inception was -71.52%, which is greater than JEMWX's maximum drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for IFN and JEMWX.
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Drawdown Indicators
| IFN | JEMWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.52% | -49.42% | -22.10% |
Max Drawdown (1Y)Largest decline over 1 year | -26.05% | -12.55% | -13.50% |
Max Drawdown (3Y)Largest decline over 3 years | -31.53% | -15.01% | -16.52% |
Max Drawdown (5Y)Largest decline over 5 years | -31.53% | -44.78% | +13.25% |
Max Drawdown (10Y)Largest decline over 10 years | -41.48% | -49.42% | +7.94% |
Current DrawdownCurrent decline from peak | -24.95% | 0.00% | -24.95% |
Average DrawdownAverage peak-to-trough decline | -25.88% | -17.36% | -8.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.74% | 3.18% | +9.56% |
Volatility
IFN vs. JEMWX - Volatility Comparison
The current volatility for The India Fund (IFN) is 5.77%, while JPMorgan Emerging Markets Equity Fund Class R6 (JEMWX) has a volatility of 11.24%. This indicates that IFN experiences smaller price fluctuations and is considered to be less risky than JEMWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IFN | JEMWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 11.24% | -5.47% |
Volatility (6M)Calculated over the trailing 6-month period | 14.15% | 19.12% | -4.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.72% | 21.82% | -5.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.76% | 19.74% | -1.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.89% | 19.67% | -0.78% |
IFN vs. JEMWX - Expense Ratio Comparison
IFN has a 0.01% expense ratio, which is lower than JEMWX's 0.74% expense ratio.
Dividends
IFN vs. JEMWX - Dividend Comparison
IFN's dividend yield for the trailing twelve months is around 18.91%, more than JEMWX's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IFN The India Fund | 18.91% | 16.09% | 14.60% | 8.97% | 21.47% | 15.21% | 9.77% | 11.57% | 22.25% | 12.11% | 7.97% | 8.02% |
JEMWX JPMorgan Emerging Markets Equity Fund Class R6 | 1.04% | 1.42% | 1.63% | 1.67% | 0.67% | 4.01% | 0.18% | 0.88% | 1.05% | 0.55% | 0.89% | 1.13% |
Frequently Asked Questions
IFN and JEMWX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JEMWX has higher volatility (11.24%) compared to IFN (5.77%). In terms of maximum drawdown, IFN dropped -71.52% vs JEMWX's -49.42%.
JEMWX currently has the higher Sharpe Ratio (3.21 vs -0.97), 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.
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