JEMWX vs. JEMSX
JEMWX (JPMorgan Emerging Markets Equity Fund Class R6) and JEMSX (JPMorgan Emerging Markets Equity Fund Class I) are both Emerging Markets Equities funds from JPMorgan. Over the past 10 years, JEMWX returned 12.03%/yr vs 11.80%/yr for JEMSX. With a 1.00 correlation, they move nearly in lockstep. JEMWX charges 0.74%/yr vs 0.99%/yr for JEMSX.
Performance
JEMWX vs. JEMSX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with JEMWX having a 31.94% return and JEMSX slightly lower at 31.83%. Both investments have delivered pretty close results over the past 10 years, with JEMWX having a 12.03% annualized return and JEMSX not far behind at 11.80%.
JEMWX
- 1D
- -0.88%
- 1M
- 7.66%
- YTD
- 31.94%
- 6M
- 35.30%
- 1Y
- 64.48%
- 3Y*
- 25.41%
- 5Y*
- 6.08%
- 10Y*
- 12.03%
JEMSX
- 1D
- -0.88%
- 1M
- 7.63%
- YTD
- 31.83%
- 6M
- 35.16%
- 1Y
- 64.17%
- 3Y*
- 25.16%
- 5Y*
- 5.87%
- 10Y*
- 11.80%
JEMWX vs. JEMSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JEMWX JPMorgan Emerging Markets Equity Fund Class R6 | 31.94% | 40.40% | 3.61% | 7.42% | -25.61% | -10.20% | 35.00% | 32.20% | -15.82% | 42.84% |
JEMSX JPMorgan Emerging Markets Equity Fund Class I | 31.83% | 40.13% | 3.39% | 7.21% | -25.77% | -10.36% | 34.73% | 31.96% | -16.02% | 42.49% |
Correlation
The correlation between JEMWX and JEMSX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014 | 1.00 |
The correlation between JEMWX and JEMSX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
JEMWX vs. JEMSX — Risk / Return Rank
JEMWX
JEMSX
JEMWX vs. JEMSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Emerging Markets Equity Fund Class R6 (JEMWX) and JPMorgan Emerging Markets Equity Fund Class I (JEMSX). 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.
| JEMWX | JEMSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.60 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 5.27 | 5.23 | +0.03 |
| Martin ratioReturn relative to average drawdown | 22.05 | 21.88 | +0.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JEMWX | JEMSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.41 | 3.39 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.31 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.61 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.31 | +0.17 |
Drawdowns
JEMWX vs. JEMSX - Drawdown Comparison
The maximum JEMWX drawdown since its inception was -49.42%, smaller than the maximum JEMSX drawdown of -62.07%. Use the drawdown chart below to compare losses from any high point for JEMWX and JEMSX.
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Drawdown Indicators
| JEMWX | JEMSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.42% | -62.07% | +12.65% |
Max Drawdown (1Y)Largest decline over 1 year | -12.55% | -12.57% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -15.01% | -15.10% | +0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -44.78% | -44.92% | +0.14% |
Max Drawdown (10Y)Largest decline over 10 years | -49.42% | -49.59% | +0.17% |
Current DrawdownCurrent decline from peak | -0.88% | -0.88% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -17.42% | -21.68% | +4.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.99% | 3.00% | -0.01% |
Volatility
JEMWX vs. JEMSX - Volatility Comparison
JPMorgan Emerging Markets Equity Fund Class R6 (JEMWX) and JPMorgan Emerging Markets Equity Fund Class I (JEMSX) have volatilities of 8.09% and 8.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEMWX | JEMSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.09% | 8.08% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 16.28% | 16.27% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.41% | 19.41% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.24% | 19.24% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 19.44% | 0.00% |
JEMWX vs. JEMSX - Expense Ratio Comparison
JEMWX has a 0.74% expense ratio, which is lower than JEMSX's 0.99% expense ratio.
Dividends
JEMWX vs. JEMSX - Dividend Comparison
JEMWX's dividend yield for the trailing twelve months is around 1.08%, more than JEMSX's 0.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEMSX JPMorgan Emerging Markets Equity Fund Class I | 0.95% | 1.26% | 1.41% | 1.45% | 0.37% | 3.80% | 0.09% | 0.76% | 0.87% | 0.39% | 0.66% | 0.67% |
JEMWX JPMorgan Emerging Markets Equity Fund Class R6 | 1.08% | 1.42% | 1.63% | 1.67% | 0.67% | 4.01% | 0.18% | 0.88% | 1.05% | 0.55% | 0.89% | 1.13% |
Frequently Asked Questions
With a correlation of 1.00, JEMWX and JEMSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
JEMWX has higher volatility (8.09%) compared to JEMSX (8.08%). In terms of maximum drawdown, JEMWX dropped -49.42% vs JEMSX's -62.07%.
JEMWX currently has the higher Sharpe Ratio (3.41 vs 3.39), 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.
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