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JDESX vs. ALBAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


JDESXALBAX
YTD Return12.55%11.44%
1Y Return29.57%26.95%
3Y Return (Ann)11.31%11.31%
5Y Return (Ann)16.29%15.25%
10Y Return (Ann)12.47%12.52%
Sharpe Ratio2.632.57
Daily Std Dev11.71%10.83%
Max Drawdown-54.56%-40.56%
Current Drawdown-0.17%-0.08%

Correlation

-0.50.00.51.01.0

The correlation between JDESX and ALBAX 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

JDESX vs. ALBAX - Performance Comparison

In the year-to-date period, JDESX achieves a 12.55% return, which is significantly higher than ALBAX's 11.44% return. Both investments have delivered pretty close results over the past 10 years, with JDESX having a 12.47% annualized return and ALBAX not far ahead at 12.52%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


480.00%500.00%520.00%540.00%560.00%580.00%600.00%December2024FebruaryMarchAprilMay
606.88%
581.61%
JDESX
ALBAX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


JPMorgan U.S. Research Enhanced Equity Fund

Alger Growth & Income Fund

JDESX vs. ALBAX - Expense Ratio Comparison

JDESX has a 0.35% expense ratio, which is lower than ALBAX's 0.98% expense ratio.


ALBAX
Alger Growth & Income Fund
Expense ratio chart for ALBAX: current value at 0.98% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.98%
Expense ratio chart for JDESX: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

JDESX vs. ALBAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Research Enhanced Equity Fund (JDESX) and Alger Growth & Income Fund (ALBAX). 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.


JDESX
Sharpe ratio
The chart of Sharpe ratio for JDESX, currently valued at 2.63, compared to the broader market-1.000.001.002.003.004.002.63
Sortino ratio
The chart of Sortino ratio for JDESX, currently valued at 3.73, compared to the broader market-2.000.002.004.006.008.0010.0012.003.73
Omega ratio
The chart of Omega ratio for JDESX, currently valued at 1.46, compared to the broader market0.501.001.502.002.503.003.501.46
Calmar ratio
The chart of Calmar ratio for JDESX, currently valued at 1.57, compared to the broader market0.002.004.006.008.0010.0012.001.57
Martin ratio
The chart of Martin ratio for JDESX, currently valued at 11.58, compared to the broader market0.0020.0040.0060.0080.0011.58
ALBAX
Sharpe ratio
The chart of Sharpe ratio for ALBAX, currently valued at 2.57, compared to the broader market-1.000.001.002.003.004.002.57
Sortino ratio
The chart of Sortino ratio for ALBAX, currently valued at 3.60, compared to the broader market-2.000.002.004.006.008.0010.0012.003.60
Omega ratio
The chart of Omega ratio for ALBAX, currently valued at 1.45, compared to the broader market0.501.001.502.002.503.003.501.45
Calmar ratio
The chart of Calmar ratio for ALBAX, currently valued at 2.98, compared to the broader market0.002.004.006.008.0010.0012.002.98
Martin ratio
The chart of Martin ratio for ALBAX, currently valued at 12.03, compared to the broader market0.0020.0040.0060.0080.0012.03

JDESX vs. ALBAX - Sharpe Ratio Comparison

The current JDESX Sharpe Ratio is 2.63, which roughly equals the ALBAX Sharpe Ratio of 2.57. The chart below compares the 12-month rolling Sharpe Ratio of JDESX and ALBAX.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.63
2.57
JDESX
ALBAX

Dividends

JDESX vs. ALBAX - Dividend Comparison

JDESX's dividend yield for the trailing twelve months is around 1.09%, less than ALBAX's 1.14% yield.


TTM20232022202120202019201820172016201520142013
JDESX
JPMorgan U.S. Research Enhanced Equity Fund
1.09%1.24%2.79%12.94%3.89%11.29%14.15%1.39%1.40%1.13%7.88%7.16%
ALBAX
Alger Growth & Income Fund
1.14%1.29%1.24%4.17%2.55%5.00%6.75%2.74%1.56%4.82%5.06%1.60%

Drawdowns

JDESX vs. ALBAX - Drawdown Comparison

The maximum JDESX drawdown since its inception was -54.56%, which is greater than ALBAX's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for JDESX and ALBAX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-0.17%
-0.08%
JDESX
ALBAX

Volatility

JDESX vs. ALBAX - Volatility Comparison

JPMorgan U.S. Research Enhanced Equity Fund (JDESX) has a higher volatility of 3.38% compared to Alger Growth & Income Fund (ALBAX) at 3.19%. This indicates that JDESX's price experiences larger fluctuations and is considered to be riskier than ALBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%4.50%December2024FebruaryMarchAprilMay
3.38%
3.19%
JDESX
ALBAX