JAM.L vs. ^NDX
JAM.L (JPMorgan American Investment Trust) is a stock, while ^NDX (NASDAQ 100 Index) is an index. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
JAM.L vs. ^NDX - Performance Comparison
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Different Trading Currencies
JAM.L is traded in GBp, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JAM.L achieves a 9.04% return, which is significantly lower than ^NDX's 15.84% return.
JAM.L
- 1D
- -0.33%
- 1M
- 3.41%
- YTD
- 9.04%
- 6M
- 7.70%
- 1Y
- 23.02%
- 3Y*
- 18.51%
- 5Y*
- 14.95%
- 10Y*
- 16.69%
^NDX
- 1D
- -4.17%
- 1M
- 3.17%
- YTD
- 15.84%
- 6M
- 12.64%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JAM.L vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JAM.L JPMorgan American Investment Trust | 9.04% | 11.59% |
^NDX NASDAQ 100 Index | 15.84% | 16.48% |
Correlation
The correlation between JAM.L and ^NDX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025 | 0.51 |
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Return for Risk
JAM.L vs. ^NDX — Risk / Return Rank
JAM.L
^NDX
JAM.L vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan American Investment Trust (JAM.L) and NASDAQ 100 Index (^NDX). 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.
| JAM.L | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.33 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | — | — |
| Martin ratioReturn relative to average drawdown | 10.55 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JAM.L | ^NDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 2.21 | -1.91 |
Drawdowns
JAM.L vs. ^NDX - Drawdown Comparison
The maximum JAM.L drawdown since its inception was -66.81%, which is greater than ^NDX's maximum drawdown of -12.05%. Use the drawdown chart below to compare losses from any high point for JAM.L and ^NDX.
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Drawdown Indicators
| JAM.L | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.81% | -12.05% | -54.76% |
Max Drawdown (1Y)Largest decline over 1 year | -7.85% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -26.73% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.73% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.50% | — | — |
Current DrawdownCurrent decline from peak | -0.49% | -4.71% | +4.22% |
Average DrawdownAverage peak-to-trough decline | -13.31% | -2.77% | -10.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | — | — |
Volatility
JAM.L vs. ^NDX - Volatility Comparison
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Volatility by Period
| JAM.L | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.13% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.62% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.97% | 16.00% | -3.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.11% | 16.00% | +2.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.14% | 16.00% | +3.14% |
Frequently Asked Questions
JAM.L and ^NDX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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