JAVA vs. FXAIX
Compare and contrast key facts about JPMorgan Active Value ETF (JAVA) and Fidelity 500 Index Fund (FXAIX).
JAVA is an actively managed fund by JPMorgan. It was launched on Oct 4, 2021. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JAVA or FXAIX.
Key characteristics
| JAVA | FXAIX | |
|---|---|---|
| YTD Return | 14.50% | 19.32% |
| 1Y Return | 20.80% | 28.37% |
| 3Y Return (Ann) | 93.18% | 10.05% |
| 5Y Return (Ann) | 93.18% | 15.28% |
| 10Y Return (Ann) | 93.18% | 12.99% |
| Sharpe Ratio | 1.86 | 2.24 |
| Daily Std Dev | 11.22% | 12.70% |
| Max Drawdown | -98.90% | -33.79% |
| Current Drawdown | -74.36% | -0.33% |
Correlation
The correlation between JAVA and FXAIX is 0.38, 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
JAVA vs. FXAIX - Performance Comparison
In the year-to-date period, JAVA achieves a 14.50% return, which is significantly lower than FXAIX's 19.32% return. Over the past 10 years, JAVA has outperformed FXAIX with an annualized return of 93.18%, while FXAIX has yielded a comparatively lower 12.99% 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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JAVA vs. FXAIX - Expense Ratio Comparison
JAVA has a 0.44% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
JAVA vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Value ETF (JAVA) and Fidelity 500 Index Fund (FXAIX). 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
JAVA vs. FXAIX - Dividend Comparison
JAVA's dividend yield for the trailing twelve months is around 1.47%, more than FXAIX's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAVA JPMorgan Active Value ETF | 1.13% | 1.65% | 1.25% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.24% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
JAVA vs. FXAIX - Drawdown Comparison
The maximum JAVA drawdown since its inception was -98.90%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for JAVA and FXAIX. For additional features, visit the drawdowns tool.
Volatility
JAVA vs. FXAIX - Volatility Comparison
The current volatility for JPMorgan Active Value ETF (JAVA) is 2.89%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.09%. This indicates that JAVA experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.