JCMAX vs. HLGEX
Compare and contrast key facts about JPMorgan Mid Cap Equity Fund Class A (JCMAX) and JPMorgan Mid Cap Growth Fund (HLGEX).
JCMAX is managed by JPMorgan Chase. It was launched on Nov 2, 2009. HLGEX is managed by JPMorgan Chase. It was launched on Mar 2, 1989.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JCMAX or HLGEX.
Key characteristics
| JCMAX | HLGEX | |
|---|---|---|
| YTD Return | 6.64% | 7.06% |
| 1Y Return | 22.28% | 24.28% |
| 3Y Return (Ann) | 3.57% | 2.45% |
| 5Y Return (Ann) | 11.06% | 12.54% |
| 10Y Return (Ann) | 10.10% | 11.88% |
| Sharpe Ratio | 1.86 | 1.70 |
| Daily Std Dev | 12.78% | 15.14% |
| Max Drawdown | -38.33% | -57.65% |
| Current Drawdown | -2.08% | -9.50% |
Correlation
The correlation between JCMAX and HLGEX 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
JCMAX vs. HLGEX - Performance Comparison
In the year-to-date period, JCMAX achieves a 6.64% return, which is significantly lower than HLGEX's 7.06% return. Over the past 10 years, JCMAX has underperformed HLGEX with an annualized return of 10.10%, while HLGEX has yielded a comparatively higher 11.88% 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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JCMAX vs. HLGEX - Expense Ratio Comparison
JCMAX has a 1.14% expense ratio, which is higher than HLGEX's 0.89% expense ratio.
Risk-Adjusted Performance
JCMAX vs. HLGEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mid Cap Equity Fund Class A (JCMAX) and JPMorgan Mid Cap Growth Fund (HLGEX). 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
JCMAX vs. HLGEX - Dividend Comparison
JCMAX's dividend yield for the trailing twelve months is around 0.29%, while HLGEX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JCMAX JPMorgan Mid Cap Equity Fund Class A | 0.29% | 0.31% | 2.63% | 7.65% | 11.63% | 8.54% | 12.89% | 5.69% | 3.23% | 5.06% | 4.67% | 8.32% |
HLGEX JPMorgan Mid Cap Growth Fund | 0.00% | 0.00% | 0.79% | 8.87% | 10.61% | 7.29% | 7.26% | 6.41% | 0.04% | 5.32% | 9.91% | 9.97% |
Drawdowns
JCMAX vs. HLGEX - Drawdown Comparison
The maximum JCMAX drawdown since its inception was -38.33%, smaller than the maximum HLGEX drawdown of -57.65%. Use the drawdown chart below to compare losses from any high point for JCMAX and HLGEX. For additional features, visit the drawdowns tool.
Volatility
JCMAX vs. HLGEX - Volatility Comparison
The current volatility for JPMorgan Mid Cap Equity Fund Class A (JCMAX) is 2.90%, while JPMorgan Mid Cap Growth Fund (HLGEX) has a volatility of 4.29%. This indicates that JCMAX experiences smaller price fluctuations and is considered to be less risky than HLGEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.