JEMSX vs. SEEGX

Last updated Jun 6, 2026

JEMSX (JPMorgan Emerging Markets Equity Fund Class I) and SEEGX (JPMorgan Large Cap Growth Fund) are both mutual funds - JEMSX is a Emerging Markets Equities fund managed by JPMorgan, while SEEGX is a Large Cap Growth Equities fund managed by JPMorgan. Over the past 10 years, JEMSX returned 11.60%/yr vs 19.73%/yr for SEEGX. A 0.61 correlation means they provide meaningful diversification when combined. JEMSX charges 0.99%/yr vs 0.69%/yr for SEEGX.

Performance

JEMSX vs. SEEGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Emerging Markets Equity Fund Class I (JEMSX) 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, JEMSX achieves a 30.43% return, which is significantly higher than SEEGX's 7.05% return. Over the past 10 years, JEMSX has underperformed SEEGX with an annualized return of 11.60%, while SEEGX has yielded a comparatively higher 19.73% annualized return.

JEMSX

• 1D: -1.06%
• 1M: 2.90%
• YTD: 30.43%
• 6M: 33.41%
• 1Y: 60.96%
• 3Y*: 25.06%
• 5Y*: 5.64%
• 10Y*: 11.60%

SEEGX

• 1D: -0.03%
• 1M: 2.95%
• YTD: 7.05%
• 6M: 5.06%
• 1Y: 20.65%
• 3Y*: 23.47%
• 5Y*: 13.30%
• 10Y*: 19.73%

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

JEMSX vs. SEEGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JEMSX JPMorgan Emerging Markets Equity Fund Class I	30.43%	40.13%	3.39%	7.21%	-25.77%	-10.36%	34.73%	31.96%	-16.02%	42.49%
SEEGX JPMorgan Large Cap Growth Fund	7.05%	14.08%	35.14%	34.62%	-25.40%	18.17%	56.02%	39.13%	0.50%	38.03%

Correlation

The correlation between JEMSX and SEEGX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since Nov 16, 1993	0.61

The correlation between JEMSX and SEEGX shifts across timeframes, from 0.61 (all time) to 0.72 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JEMSX vs. SEEGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JEMSX

JEMSX Risk / Return Rank: 90
JEMSX Sharpe Ratio Rank: 94
JEMSX Sortino Ratio Rank: 85
JEMSX Omega Ratio Rank: 85
JEMSX Calmar Ratio Rank: 92
JEMSX Martin Ratio Rank: 94

SEEGX

SEEGX Risk / Return Rank: 18
SEEGX Sharpe Ratio Rank: 22
SEEGX Sortino Ratio Rank: 20
SEEGX Omega Ratio Rank: 21
SEEGX Calmar Ratio Rank: 14
SEEGX Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JEMSX vs. SEEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Emerging Markets Equity Fund Class I (JEMSX) 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.

	JEMSX	SEEGX	Difference
Sharpe ratio: Return per unit of total volatility	3.23	1.29	+1.94
Sortino ratio: Return per unit of downside risk	3.99	1.81	+2.19
Omega ratio: Gain probability vs. loss probability	1.58	1.23	+0.35
Calmar ratio: Return relative to maximum drawdown	4.99	1.20	+3.79
Martin ratio: Return relative to average drawdown	20.86	3.42	+17.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JEMSX vs. SEEGX - Sharpe Ratio Comparison

The current JEMSX Sharpe Ratio is 3.23, which is higher than the SEEGX Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of JEMSX 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.

Sharpe Ratios by Period

	JEMSX	SEEGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.23	1.29	+1.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.66	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.92	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.57	-0.27

Drawdowns

JEMSX vs. SEEGX - Drawdown Comparison

The maximum JEMSX drawdown since its inception was -62.07%, roughly equal to the maximum SEEGX drawdown of -62.09%. Use the drawdown chart below to compare losses from any high point for JEMSX and SEEGX.

Drawdown Indicators

	JEMSX	SEEGX	Difference
Max Drawdown Largest peak-to-trough decline	-62.07%	-62.09%	+0.02%
Max Drawdown (1Y) Largest decline over 1 year	-12.57%	-16.82%	+4.25%
Max Drawdown (3Y) Largest decline over 3 years	-15.10%	-21.50%	+6.40%
Max Drawdown (5Y) Largest decline over 5 years	-44.92%	-31.23%	-13.69%
Max Drawdown (10Y) Largest decline over 10 years	-49.59%	-31.85%	-17.74%
Current Drawdown Current decline from peak	-1.93%	-0.74%	-1.19%
Average Drawdown Average peak-to-trough decline	-21.68%	-16.90%	-4.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	5.89%	-2.89%

Volatility

JEMSX vs. SEEGX - Volatility Comparison

JPMorgan Emerging Markets Equity Fund Class I (JEMSX) has a higher volatility of 8.16% compared to JPMorgan Large Cap Growth Fund (SEEGX) at 3.95%. This indicates that JEMSX's price experiences larger fluctuations and is considered to be riskier than SEEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEMSX	SEEGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.16%	3.95%	+4.21%
Volatility (6M) Calculated over the trailing 6-month period	16.32%	11.21%	+5.11%
Volatility (1Y) Calculated over the trailing 1-year period	19.45%	15.61%	+3.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.25%	20.18%	-0.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.44%	21.59%	-2.15%

JEMSX vs. SEEGX - Expense Ratio Comparison

JEMSX has a 0.99% expense ratio, which is higher than SEEGX's 0.69% expense ratio.

Dividends

JEMSX vs. SEEGX - Dividend Comparison

JEMSX's dividend yield for the trailing twelve months is around 0.96%, less than SEEGX's 10.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JEMSX JPMorgan Emerging Markets Equity Fund Class I	0.96%	1.26%	1.41%	1.45%	0.37%	3.80%	0.09%	0.76%	0.87%	0.39%	0.66%	0.67%
SEEGX JPMorgan Large Cap Growth Fund	10.69%	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 JEMSX and SEEGX in my portfolio?

JEMSX and SEEGX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JEMSX or SEEGX?

JEMSX has higher volatility (8.16%) compared to SEEGX (3.95%). In terms of maximum drawdown, JEMSX dropped -62.07% vs SEEGX's -62.09%.

Which has better risk-adjusted returns?

JEMSX currently has the higher Sharpe Ratio (3.23 vs 1.29), 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.