IHGIX vs. JEPAX

Last updated Jun 4, 2026

IHGIX (Hartford Dividend and Growth Fund Class A) and JEPAX (JPMorgan Equity Premium Income Fund Class A) are both mutual funds - IHGIX is a Dividend fund actively managed by Hartford, while JEPAX is a Derivative Income fund managed by JPMorgan. Over the past 5 years, IHGIX returned 10.53%/yr vs 6.87%/yr for JEPAX. Their correlation of 0.81 suggests significant overlap in exposure. IHGIX charges 0.96%/yr vs 0.85%/yr for JEPAX.

Performance

IHGIX vs. JEPAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Dividend and Growth Fund Class A (IHGIX) and JPMorgan Equity Premium Income Fund Class A (JEPAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IHGIX achieves a 8.85% return, which is significantly higher than JEPAX's -0.08% return.

IHGIX

• 1D: 0.16%
• 1M: 4.03%
• YTD: 8.85%
• 6M: 9.80%
• 1Y: 24.10%
• 3Y*: 15.96%
• 5Y*: 10.53%
• 10Y*: 12.89%

JEPAX

• 1D: 0.07%
• 1M: -1.67%
• YTD: -0.08%
• 6M: 0.19%
• 1Y: 7.24%
• 3Y*: 8.38%
• 5Y*: 6.87%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IHGIX vs. JEPAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IHGIX Hartford Dividend and Growth Fund Class A	8.85%	16.86%	12.19%	13.81%	-8.88%	30.97%	7.64%	18.83%
JEPAX JPMorgan Equity Premium Income Fund Class A	-0.08%	7.55%	12.07%	9.42%	-4.05%	19.13%	5.75%	7.45%

Correlation

The correlation between IHGIX and JEPAX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Mar 29, 2019	0.81

The correlation between IHGIX and JEPAX has been stable across timeframes, ranging from 0.79 to 0.85 - a consistent structural relationship.

Return for Risk

IHGIX vs. JEPAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IHGIX

IHGIX Risk / Return Rank: 61
IHGIX Sharpe Ratio Rank: 60
IHGIX Sortino Ratio Rank: 57
IHGIX Omega Ratio Rank: 54
IHGIX Calmar Ratio Rank: 63
IHGIX Martin Ratio Rank: 68

JEPAX

JEPAX Risk / Return Rank: 11
JEPAX Sharpe Ratio Rank: 11
JEPAX Sortino Ratio Rank: 12
JEPAX Omega Ratio Rank: 11
JEPAX Calmar Ratio Rank: 10
JEPAX Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IHGIX vs. JEPAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Dividend and Growth Fund Class A (IHGIX) and JPMorgan Equity Premium Income Fund Class A (JEPAX). 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.

	IHGIX	JEPAX	Difference
Sharpe ratio: Return per unit of total volatility	2.29	0.86	+1.43
Sortino ratio: Return per unit of downside risk	3.21	1.36	+1.85
Omega ratio: Gain probability vs. loss probability	1.41	1.16	+0.24
Calmar ratio: Return relative to maximum drawdown	3.06	1.00	+2.06
Martin ratio: Return relative to average drawdown	13.21	3.29	+9.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IHGIX vs. JEPAX - Sharpe Ratio Comparison

The current IHGIX Sharpe Ratio is 2.29, which is higher than the JEPAX Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of IHGIX and JEPAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IHGIX	JEPAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.29	0.86	+1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.60	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.52	+0.05

Drawdowns

IHGIX vs. JEPAX - Drawdown Comparison

The maximum IHGIX drawdown since its inception was -51.07%, which is greater than JEPAX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for IHGIX and JEPAX.

Drawdown Indicators

	IHGIX	JEPAX	Difference
Max Drawdown Largest peak-to-trough decline	-51.07%	-32.69%	-18.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.00%	-7.41%	-0.59%
Max Drawdown (3Y) Largest decline over 3 years	-13.77%	-13.43%	-0.34%
Max Drawdown (5Y) Largest decline over 5 years	-18.97%	-13.74%	-5.23%
Max Drawdown (10Y) Largest decline over 10 years	-34.99%	—	—
Current Drawdown Current decline from peak	-0.27%	-5.15%	+4.88%
Average Drawdown Average peak-to-trough decline	-6.04%	-3.08%	-2.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	2.25%	-0.40%

Volatility

IHGIX vs. JEPAX - Volatility Comparison

Hartford Dividend and Growth Fund Class A (IHGIX) has a higher volatility of 2.64% compared to JPMorgan Equity Premium Income Fund Class A (JEPAX) at 1.51%. This indicates that IHGIX's price experiences larger fluctuations and is considered to be riskier than JEPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHGIX	JEPAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.64%	1.51%	+1.13%
Volatility (6M) Calculated over the trailing 6-month period	8.06%	6.85%	+1.21%
Volatility (1Y) Calculated over the trailing 1-year period	10.70%	8.60%	+2.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.03%	11.48%	+2.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.62%	14.93%	+1.69%

IHGIX vs. JEPAX - Expense Ratio Comparison

IHGIX has a 0.96% expense ratio, which is higher than JEPAX's 0.85% expense ratio.

Dividends

IHGIX vs. JEPAX - Dividend Comparison

IHGIX's dividend yield for the trailing twelve months is around 11.57%, more than JEPAX's 7.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IHGIX Hartford Dividend and Growth Fund Class A	11.57%	12.63%	10.77%	1.65%	5.99%	5.71%	3.43%	7.07%	12.61%	11.64%	4.67%	10.64%
JEPAX JPMorgan Equity Premium Income Fund Class A	7.91%	7.88%	6.95%	8.19%	11.98%	5.96%	11.35%	5.61%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IHGIX and JEPAX in my portfolio?

IHGIX and JEPAX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IHGIX or JEPAX?

IHGIX has higher volatility (2.64%) compared to JEPAX (1.51%). In terms of maximum drawdown, IHGIX dropped -51.07% vs JEPAX's -32.69%.

Which has better risk-adjusted returns?

IHGIX currently has the higher Sharpe Ratio (2.29 vs 0.86), 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.