JLGMX vs. IWFL
Compare and contrast key facts about JPMorgan Large Cap Growth Fund Class R6 (JLGMX) and ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL).
JLGMX is a passively managed fund by JPMorgan that tracks the performance of the Russell 1000 Growth Index. It was launched on Nov 30, 2010. IWFL is a passively managed fund by UBS that tracks the performance of the Russell 1000 Growth (200%). It was launched on Feb 5, 2021. Both JLGMX and IWFL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JLGMX or IWFL.
Key characteristics
| JLGMX | IWFL | |
|---|---|---|
| YTD Return | 34.74% | 60.41% |
| 1Y Return | 44.63% | 83.17% |
| 3Y Return (Ann) | 4.54% | 9.97% |
| Sharpe Ratio | 2.63 | 2.33 |
| Sortino Ratio | 3.41 | 2.78 |
| Omega Ratio | 1.47 | 1.41 |
| Calmar Ratio | 2.13 | 2.99 |
| Martin Ratio | 13.80 | 12.69 |
| Ulcer Index | 3.43% | 7.12% |
| Daily Std Dev | 17.95% | 38.65% |
| Max Drawdown | -39.64% | -59.29% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between JLGMX and IWFL is 0.96, 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
JLGMX vs. IWFL - Performance Comparison
In the year-to-date period, JLGMX achieves a 34.74% return, which is significantly lower than IWFL's 60.41% 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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JLGMX vs. IWFL - Expense Ratio Comparison
JLGMX has a 0.44% expense ratio, which is lower than IWFL's 0.95% expense ratio.
Risk-Adjusted Performance
JLGMX vs. IWFL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Large Cap Growth Fund Class R6 (JLGMX) and ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL). 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
JLGMX vs. IWFL - Dividend Comparison
JLGMX's dividend yield for the trailing twelve months is around 0.23%, while IWFL has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JLGMX JPMorgan Large Cap Growth Fund Class R6 | 0.23% | 0.31% | 0.61% | 0.00% | 0.12% | 0.26% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.09% |
IWFL ETRACS 2x Leveraged US Growth Factor TR ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JLGMX vs. IWFL - Drawdown Comparison
The maximum JLGMX drawdown since its inception was -39.64%, smaller than the maximum IWFL drawdown of -59.29%. Use the drawdown chart below to compare losses from any high point for JLGMX and IWFL. For additional features, visit the drawdowns tool.
Volatility
JLGMX vs. IWFL - Volatility Comparison
The current volatility for JPMorgan Large Cap Growth Fund Class R6 (JLGMX) is 4.78%, while ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) has a volatility of 14.40%. This indicates that JLGMX experiences smaller price fluctuations and is considered to be less risky than IWFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.