JENSX vs. SPLV
Compare and contrast key facts about Jensen Quality Growth Fund (JENSX) and Invesco S&P 500® Low Volatility ETF (SPLV).
JENSX is managed by Jensen. It was launched on Aug 3, 1992. SPLV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Low Volatility Index. It was launched on May 5, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JENSX or SPLV.
Key characteristics
| JENSX | SPLV | |
|---|---|---|
| YTD Return | 14.09% | 18.88% |
| 1Y Return | 12.93% | 25.22% |
| 3Y Return (Ann) | 0.22% | 6.73% |
| 5Y Return (Ann) | 5.81% | 7.32% |
| 10Y Return (Ann) | 6.12% | 9.47% |
| Sharpe Ratio | 0.98 | 2.72 |
| Sortino Ratio | 1.24 | 3.80 |
| Omega Ratio | 1.20 | 1.50 |
| Calmar Ratio | 0.77 | 2.32 |
| Martin Ratio | 3.46 | 18.19 |
| Ulcer Index | 3.66% | 1.38% |
| Daily Std Dev | 12.95% | 9.24% |
| Max Drawdown | -47.93% | -36.26% |
| Current Drawdown | -2.42% | -0.30% |
Correlation
The correlation between JENSX and SPLV is 0.79, 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.
Performance
JENSX vs. SPLV - Performance Comparison
In the year-to-date period, JENSX achieves a 14.09% return, which is significantly lower than SPLV's 18.88% return. Over the past 10 years, JENSX has underperformed SPLV with an annualized return of 6.12%, while SPLV has yielded a comparatively higher 9.47% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JENSX vs. SPLV - Expense Ratio Comparison
JENSX has a 0.81% expense ratio, which is higher than SPLV's 0.25% expense ratio.
Risk-Adjusted Performance
JENSX vs. SPLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jensen Quality Growth Fund (JENSX) and Invesco S&P 500® Low Volatility ETF (SPLV). 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.
Dividends
JENSX vs. SPLV - Dividend Comparison
JENSX's dividend yield for the trailing twelve months is around 0.58%, less than SPLV's 1.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JENSX Jensen Quality Growth Fund | 0.58% | 0.82% | 0.85% | 0.64% | 0.94% | 1.03% | 0.99% | 0.91% | 1.14% | 1.29% | 1.00% | 0.92% |
SPLV Invesco S&P 500® Low Volatility ETF | 1.89% | 2.45% | 2.11% | 1.50% | 2.13% | 2.08% | 2.17% | 2.03% | 2.03% | 2.28% | 2.20% | 2.60% |
Drawdowns
JENSX vs. SPLV - Drawdown Comparison
The maximum JENSX drawdown since its inception was -47.93%, which is greater than SPLV's maximum drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for JENSX and SPLV. For additional features, visit the drawdowns tool.
Volatility
JENSX vs. SPLV - Volatility Comparison
Jensen Quality Growth Fund (JENSX) has a higher volatility of 3.15% compared to Invesco S&P 500® Low Volatility ETF (SPLV) at 2.83%. This indicates that JENSX's price experiences larger fluctuations and is considered to be riskier than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.