JAM.L vs. ^NDX
Compare and contrast key facts about JPMorgan American Investment Trust (JAM.L) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JAM.L or ^NDX.
Key characteristics
| JAM.L | ^NDX | |
|---|---|---|
| YTD Return | 14.34% | 14.97% |
| 1Y Return | 22.01% | 27.34% |
| 3Y Return (Ann) | 13.75% | 8.08% |
| 5Y Return (Ann) | 16.65% | 19.92% |
| 10Y Return (Ann) | 15.21% | 16.82% |
| Sharpe Ratio | 1.44 | 1.51 |
| Daily Std Dev | 14.95% | 17.91% |
| Max Drawdown | -58.93% | -82.90% |
| Current Drawdown | -4.05% | -6.44% |
Correlation
The correlation between JAM.L and ^NDX is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JAM.L vs. ^NDX - Performance Comparison
The year-to-date returns for both investments are quite close, with JAM.L having a 14.34% return and ^NDX slightly higher at 14.97%. Over the past 10 years, JAM.L has underperformed ^NDX with an annualized return of 15.21%, while ^NDX has yielded a comparatively higher 16.82% annualized 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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Risk-Adjusted Performance
JAM.L vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan American Investment Trust (JAM.L) and NASDAQ 100 (^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.
Drawdowns
JAM.L vs. ^NDX - Drawdown Comparison
The maximum JAM.L drawdown since its inception was -58.93%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for JAM.L and ^NDX. For additional features, visit the drawdowns tool.
Volatility
JAM.L vs. ^NDX - Volatility Comparison
The current volatility for JPMorgan American Investment Trust (JAM.L) is 5.11%, while NASDAQ 100 (^NDX) has a volatility of 6.06%. This indicates that JAM.L experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.