Correlation
The correlation between JDEUX and SPMO is 0.77, 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.
JDEUX vs. SPMO
Compare and contrast key facts about JPMorgan U.S. Research Enhanced Equity Fund (JDEUX) and Invesco S&P 500® Momentum ETF (SPMO).
JDEUX is managed by JPMorgan. It was launched on Mar 24, 2003. SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JDEUX or SPMO.
Performance
JDEUX vs. SPMO - Performance Comparison
Loading data...
Key characteristics
JDEUX:
0.63
SPMO:
1.22
JDEUX:
0.91
SPMO:
1.64
JDEUX:
1.13
SPMO:
1.23
JDEUX:
0.59
SPMO:
1.39
JDEUX:
2.23
SPMO:
5.03
JDEUX:
4.91%
SPMO:
5.58%
JDEUX:
19.82%
SPMO:
25.08%
JDEUX:
-54.03%
SPMO:
-30.95%
JDEUX:
-3.57%
SPMO:
0.00%
Returns By Period
In the year-to-date period, JDEUX achieves a 0.26% return, which is significantly lower than SPMO's 11.09% return.
JDEUX
0.26%
6.34%
-2.59%
12.42%
14.53%
16.63%
12.43%
SPMO
11.09%
11.40%
9.23%
30.41%
24.56%
21.21%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JDEUX vs. SPMO - Expense Ratio Comparison
JDEUX has a 0.25% expense ratio, which is higher than SPMO's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
JDEUX vs. SPMO — Risk-Adjusted Performance Rank
JDEUX
SPMO
JDEUX vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Research Enhanced Equity Fund (JDEUX) and Invesco S&P 500® Momentum ETF (SPMO). 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.
Loading data...
Dividends
JDEUX vs. SPMO - Dividend Comparison
JDEUX's dividend yield for the trailing twelve months is around 6.21%, more than SPMO's 0.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JDEUX JPMorgan U.S. Research Enhanced Equity Fund | 6.21% | 6.18% | 1.33% | 2.90% | 13.06% | 3.99% | 11.41% | 14.27% | 1.48% | 1.62% | 5.86% | 8.11% |
SPMO Invesco S&P 500® Momentum ETF | 0.48% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 0.00% |
Drawdowns
JDEUX vs. SPMO - Drawdown Comparison
The maximum JDEUX drawdown since its inception was -54.03%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for JDEUX and SPMO.
Loading data...
Volatility
JDEUX vs. SPMO - Volatility Comparison
The current volatility for JPMorgan U.S. Research Enhanced Equity Fund (JDEUX) is 5.00%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 5.51%. This indicates that JDEUX experiences smaller price fluctuations and is considered to be less risky than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...