JEMDX vs. SEEGX

Last updated Aug 1, 2026

JEMDX (JPMorgan Emerging Markets Debt Fund) and SEEGX (JPMorgan Large Cap Growth Fund) are both mutual funds - JEMDX is a Emerging Markets Bonds fund managed by JPMorgan, while SEEGX is a Large Cap Growth Equities fund actively managed by JPMorgan. Over the past 10 years, JEMDX returned 2.76%/yr vs 18.37%/yr for SEEGX. Their 0.29 correlation means their historical movements had little consistent relationship. JEMDX charges 0.83%/yr vs 0.69%/yr for SEEGX.

Performance

JEMDX vs. SEEGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Emerging Markets Debt Fund (JEMDX) and JPMorgan Large Cap Growth Fund (SEEGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEMDX achieves a 1.34% return, which is significantly higher than SEEGX's -1.92% return. Over the past 10 years, JEMDX has underperformed SEEGX with an annualized return of 2.76%, while SEEGX has yielded a comparatively higher 18.37% annualized return.

JEMDX

• 1D: -0.15%
• 1M: -1.23%
• 6M: 0.19%
• YTD: 1.34%
• 1Y: 9.00%
• 3Y*: 8.97%
• 5Y*: 1.63%
• 10Y*: 2.76%
• ALL TIME*: 6.10%

SEEGX

• 1D: 3.90%
• 1M: -4.44%
• 6M: -0.69%
• YTD: -1.92%
• 1Y: 4.59%
• 3Y*: 16.84%
• 5Y*: 9.83%
• 10Y*: 18.37%
• ALL TIME*: 11.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JEMDX JPMorgan Emerging Markets Debt Fund	$0.00	$0.00	$0.00
SEEGX JPMorgan Large Cap Growth Fund	$0.00	$0.00	$0.00

JEMDX vs. SEEGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JEMDX JPMorgan Emerging Markets Debt Fund	1.34%	13.87%	7.37%	10.17%	-18.60%	-3.22%	5.37%	13.86%	-5.82%	10.25%
SEEGX JPMorgan Large Cap Growth Fund	-1.92%	14.08%	35.14%	34.62%	-25.40%	18.17%	56.02%	39.13%	0.50%	38.03%

Correlation

The correlation between JEMDX and SEEGX is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.40
Correlation (3Y) Balances recent behavior with more history.	0.29
Correlation (5Y) Shows whether the relationship held over a longer period.	0.32
Correlation (10Y) Provides a long-term view across more market conditions.	0.28
Correlation (All Time) Calculated using the full available price history since Apr 17, 1997	0.29

The correlation between JEMDX and SEEGX shifts across timeframes, from 0.28 (10 years) to 0.40 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JEMDX vs. SEEGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JEMDX

JEMDX Risk / Return Rank: 68
JEMDX Sharpe Ratio Rank: 80
JEMDX Sortino Ratio Rank: 82
JEMDX Omega Ratio Rank: 82
JEMDX Calmar Ratio Rank: 46
JEMDX Martin Ratio Rank: 52

SEEGX

SEEGX Risk / Return Rank: 7
SEEGX Sharpe Ratio Rank: 7
SEEGX Sortino Ratio Rank: 7
SEEGX Omega Ratio Rank: 7
SEEGX Calmar Ratio Rank: 7
SEEGX Martin Ratio Rank: 7

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JEMDX vs. SEEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Emerging Markets Debt Fund (JEMDX) and JPMorgan Large Cap Growth Fund (SEEGX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JEMDX	SEEGX	Difference
Sharpe ratio: Return per unit of total volatility	1.90	0.16	+1.74
Sortino ratio: Return per unit of downside risk	2.88	0.36	+2.52
Omega ratio: Gain probability vs. loss probability	1.39	1.04	+0.34
Calmar ratio: Return relative to maximum drawdown	1.79	0.18	+1.61
Martin ratio: Return relative to average drawdown	7.15	0.49	+6.65

JEMDX vs. SEEGX - Sharpe Ratio Comparison

The current JEMDX Sharpe Ratio is 1.90, which is higher than the SEEGX Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of JEMDX and SEEGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JEMDX vs. SEEGX - Drawdown Comparison

The maximum JEMDX drawdown since its inception was -38.84%, smaller than the maximum SEEGX drawdown of -62.09%. Use the drawdown chart below to compare losses from any high point for JEMDX and SEEGX.

Drawdown Indicators

	JEMDX	SEEGX	Difference
Max Drawdown Largest peak-to-trough decline	-38.84%	-62.09%	+23.25%
Max Drawdown (1Y) Largest decline over 1 year	-5.14%	-16.82%	+11.68%
Max Drawdown (3Y) Largest decline over 3 years	-6.32%	-21.50%	+15.18%
Max Drawdown (5Y) Largest decline over 5 years	-30.83%	-31.23%	+0.40%
Max Drawdown (10Y) Largest decline over 10 years	-30.83%	-31.85%	+1.02%
Current Drawdown Current decline from peak	-1.97%	-9.06%	+7.09%
Average Drawdown Average peak-to-trough decline	-6.07%	-16.84%	+10.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.29%	6.25%	-4.96%

Volatility

JEMDX vs. SEEGX - Volatility Comparison

The current volatility for JPMorgan Emerging Markets Debt Fund (JEMDX) is 1.04%, while JPMorgan Large Cap Growth Fund (SEEGX) has a volatility of 8.33%. This indicates that JEMDX experiences smaller price fluctuations and is considered to be less risky than SEEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEMDX	SEEGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.04%	8.33%	-7.29%
Volatility (6M) Calculated over the trailing 6-month period	4.11%	15.28%	-11.17%
Volatility (1Y) Calculated over the trailing 1-year period	4.84%	19.00%	-14.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.94%	20.74%	-13.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.14%	21.82%	-14.68%

JEMDX vs. SEEGX - Expense Ratio Comparison

JEMDX has a 0.83% expense ratio, which is higher than SEEGX's 0.69% expense ratio.

Dividends

JEMDX vs. SEEGX - Dividend Comparison

JEMDX's dividend yield for the trailing twelve months is around 5.42%, less than SEEGX's 11.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JEMDX JPMorgan Emerging Markets Debt Fund	5.42%	5.61%	6.13%	5.47%	6.15%	4.38%	3.71%	4.52%	4.64%	4.43%	5.06%	4.76%
SEEGX JPMorgan Large Cap Growth Fund	11.67%	11.44%	2.00%	0.12%	3.42%	14.92%	5.27%	12.85%	15.97%	14.79%	9.88%	4.49%

Frequently Asked Questions

Can I hold both JEMDX and SEEGX in my portfolio?

JEMDX and SEEGX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JEMDX or SEEGX?

SEEGX has higher volatility (8.33%) compared to JEMDX (1.04%). In terms of maximum drawdown, JEMDX dropped -38.84% vs SEEGX's -62.09%.

Which has better risk-adjusted returns?

JEMDX currently has the higher Sharpe Ratio (1.90 vs 0.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.