INRO vs. JHEQX
Compare and contrast key facts about Blackrock U.S. Industry Rotation ETF (INRO) and JPMorgan Hedged Equity Fund Class I (JHEQX).
INRO is an actively managed fund by BlackRock. It was launched on Mar 26, 2024. JHEQX is managed by JPMorgan Chase. It was launched on Dec 13, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INRO or JHEQX.
Correlation
The correlation between INRO and JHEQX is 0.95, 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
INRO vs. JHEQX - Performance Comparison
Key characteristics
INRO:
0.10
JHEQX:
0.12
INRO:
0.23
JHEQX:
0.22
INRO:
1.03
JHEQX:
1.03
INRO:
0.12
JHEQX:
0.10
INRO:
0.41
JHEQX:
0.55
INRO:
3.88%
JHEQX:
2.22%
INRO:
16.68%
JHEQX:
10.36%
INRO:
-13.36%
JHEQX:
-18.85%
INRO:
-13.36%
JHEQX:
-12.06%
Returns By Period
The year-to-date returns for both stocks are quite close, with INRO having a -9.55% return and JHEQX slightly lower at -9.89%.
INRO
-9.55%
-6.84%
-5.85%
1.32%
N/A
N/A
JHEQX
-9.89%
-9.59%
-8.45%
2.01%
9.53%
7.17%
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INRO vs. JHEQX - Expense Ratio Comparison
INRO has a 0.42% expense ratio, which is lower than JHEQX's 0.58% expense ratio.
Risk-Adjusted Performance
INRO vs. JHEQX — Risk-Adjusted Performance Rank
INRO
JHEQX
INRO vs. JHEQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackrock U.S. Industry Rotation ETF (INRO) and JPMorgan Hedged Equity Fund Class I (JHEQX). 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
INRO vs. JHEQX - Dividend Comparison
INRO's dividend yield for the trailing twelve months is around 0.71%, less than JHEQX's 0.84% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INRO Blackrock U.S. Industry Rotation ETF | 0.71% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JHEQX JPMorgan Hedged Equity Fund Class I | 0.84% | 0.74% | 0.98% | 0.98% | 0.71% | 1.11% | 1.11% | 1.13% | 0.99% | 1.35% | 1.22% | 1.07% |
Drawdowns
INRO vs. JHEQX - Drawdown Comparison
The maximum INRO drawdown since its inception was -13.36%, smaller than the maximum JHEQX drawdown of -18.85%. Use the drawdown chart below to compare losses from any high point for INRO and JHEQX. For additional features, visit the drawdowns tool.
Volatility
INRO vs. JHEQX - Volatility Comparison
Blackrock U.S. Industry Rotation ETF (INRO) has a higher volatility of 7.60% compared to JPMorgan Hedged Equity Fund Class I (JHEQX) at 5.32%. This indicates that INRO's price experiences larger fluctuations and is considered to be riskier than JHEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.