JEMWX vs. SEMNX

Last updated Jun 26, 2026

JEMWX (JPMorgan Emerging Markets Equity Fund Class R6) and SEMNX (Hartford Schroders Emerging Markets Equity Fund Class I) are both Emerging Markets Equities funds. Over the past 10 years, JEMWX returned 12.04%/yr vs 11.82%/yr for SEMNX. Their correlation of 0.93 suggests significant overlap in exposure. JEMWX charges 0.74%/yr vs 1.23%/yr for SEMNX.

Performance

JEMWX vs. SEMNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Emerging Markets Equity Fund Class R6 (JEMWX) and Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JEMWX having a 29.81% return and SEMNX slightly lower at 28.76%. Both investments have delivered pretty close results over the past 10 years, with JEMWX having a 12.04% annualized return and SEMNX not far behind at 11.82%.

JEMWX

• 1D: 0.57%
• 1M: 0.69%
• YTD: 29.81%
• 6M: 31.45%
• 1Y: 56.64%
• 3Y*: 24.36%
• 5Y*: 5.46%
• 10Y*: 12.04%

SEMNX

• 1D: 0.51%
• 1M: -1.43%
• YTD: 28.76%
• 6M: 30.28%
• 1Y: 58.66%
• 3Y*: 25.79%
• 5Y*: 7.78%
• 10Y*: 11.82%

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

JEMWX vs. SEMNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JEMWX JPMorgan Emerging Markets Equity Fund Class R6	29.81%	40.40%	3.61%	7.42%	-25.61%	-10.20%	35.00%	32.20%	-15.82%	42.84%
SEMNX Hartford Schroders Emerging Markets Equity Fund Class I	28.76%	40.36%	7.56%	8.80%	-22.30%	-5.11%	23.58%	22.12%	-15.57%	40.87%

Correlation

The correlation between JEMWX and SEMNX is 0.97 - 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	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.93

The correlation between JEMWX and SEMNX has been stable across timeframes, ranging from 0.93 to 0.97 - a consistent structural relationship.

Return for Risk

JEMWX vs. SEMNX — Risk / Return Rank

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

JEMWX

JEMWX Risk / Return Rank: 87
JEMWX Sharpe Ratio Rank: 89
JEMWX Sortino Ratio Rank: 77
JEMWX Omega Ratio Rank: 84
JEMWX Calmar Ratio Rank: 93
JEMWX Martin Ratio Rank: 94

SEMNX

SEMNX Risk / Return Rank: 85
SEMNX Sharpe Ratio Rank: 88
SEMNX Sortino Ratio Rank: 74
SEMNX Omega Ratio Rank: 84
SEMNX Calmar Ratio Rank: 90
SEMNX Martin Ratio Rank: 90

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.

JEMWX vs. SEMNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Emerging Markets Equity Fund Class R6 (JEMWX) and Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX). 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.

	JEMWX	SEMNX	Difference
Sharpe ratio: Return per unit of total volatility	2.54	2.52	+0.03
Sortino ratio: Return per unit of downside risk	3.05	2.98	+0.08
Omega ratio: Gain probability vs. loss probability	1.47	1.48	-0.01
Calmar ratio: Return relative to maximum drawdown	4.53	4.00	+0.53
Martin ratio: Return relative to average drawdown	17.65	15.11	+2.54

JEMWX vs. SEMNX - Sharpe Ratio Comparison

The current JEMWX Sharpe Ratio is 2.54, which is comparable to the SEMNX Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of JEMWX and SEMNX, 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

JEMWX vs. SEMNX - Drawdown Comparison

The maximum JEMWX drawdown since its inception was -49.42%, smaller than the maximum SEMNX drawdown of -65.10%. Use the drawdown chart below to compare losses from any high point for JEMWX and SEMNX.

Drawdown Indicators

	JEMWX	SEMNX	Difference
Max Drawdown Largest peak-to-trough decline	-49.42%	-65.10%	+15.68%
Max Drawdown (1Y) Largest decline over 1 year	-12.55%	-14.80%	+2.25%
Max Drawdown (3Y) Largest decline over 3 years	-15.01%	-16.67%	+1.66%
Max Drawdown (5Y) Largest decline over 5 years	-44.78%	-39.49%	-5.29%
Max Drawdown (10Y) Largest decline over 10 years	-49.42%	-42.47%	-6.95%
Current Drawdown Current decline from peak	-4.87%	-5.56%	+0.69%
Average Drawdown Average peak-to-trough decline	-17.35%	-17.22%	-0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.22%	3.91%	-0.69%

Volatility

JEMWX vs. SEMNX - Volatility Comparison

The current volatility for JPMorgan Emerging Markets Equity Fund Class R6 (JEMWX) is 12.70%, while Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX) has a volatility of 13.91%. This indicates that JEMWX experiences smaller price fluctuations and is considered to be less risky than SEMNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEMWX	SEMNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.70%	13.91%	-1.21%
Volatility (6M) Calculated over the trailing 6-month period	19.97%	21.43%	-1.46%
Volatility (1Y) Calculated over the trailing 1-year period	22.50%	23.66%	-1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.89%	19.02%	+0.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.69%	19.00%	+0.69%

JEMWX vs. SEMNX - Expense Ratio Comparison

JEMWX has a 0.74% expense ratio, which is lower than SEMNX's 1.23% expense ratio.

Dividends

JEMWX vs. SEMNX - Dividend Comparison

JEMWX's dividend yield for the trailing twelve months is around 1.10%, less than SEMNX's 1.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JEMWX JPMorgan Emerging Markets Equity Fund Class R6	1.10%	1.42%	1.63%	1.67%	0.67%	4.01%	0.18%	0.88%	1.05%	0.55%	0.89%	1.13%
SEMNX Hartford Schroders Emerging Markets Equity Fund Class I	1.23%	1.58%	1.16%	1.33%	1.86%	1.21%	0.77%	2.17%	1.22%	0.82%	0.94%	0.94%

Frequently Asked Questions

Can I hold both JEMWX and SEMNX in my portfolio?

With a correlation of 0.97, JEMWX and SEMNX 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.

Which is riskier, JEMWX or SEMNX?

SEMNX has higher volatility (13.91%) compared to JEMWX (12.70%). In terms of maximum drawdown, JEMWX dropped -49.42% vs SEMNX's -65.10%.

Which has better risk-adjusted returns?

JEMWX currently has the higher Sharpe Ratio (2.54 vs 2.52), 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.