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 | 3.24% | 5.27% |
1Y Return | 13.41% | 5.98% |
3Y Return (Ann) | 6.58% | 4.50% |
5Y Return (Ann) | 9.98% | 6.44% |
10Y Return (Ann) | 11.15% | 8.94% |
Sharpe Ratio | 1.26 | 0.59 |
Daily Std Dev | 10.59% | 9.50% |
Max Drawdown | -45.54% | -36.26% |
Current Drawdown | -1.61% | -1.15% |
Correlation
The correlation between JENSX and SPLV is 0.80, 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 3.24% return, which is significantly lower than SPLV's 5.27% return. Over the past 10 years, JENSX has outperformed SPLV with an annualized return of 11.15%, while SPLV has yielded a comparatively lower 8.94% 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 7.54%, more than SPLV's 2.34% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Jensen Quality Growth Fund | 7.54% | 7.82% | 3.02% | 6.58% | 0.94% | 8.12% | 10.12% | 3.24% | 4.62% | 11.65% | 5.06% | 4.07% |
Invesco S&P 500® Low Volatility ETF | 2.34% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% | 2.20% | 2.60% |
Drawdowns
JENSX vs. SPLV - Drawdown Comparison
The maximum JENSX drawdown since its inception was -45.54%, 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 3.19% compared to Invesco S&P 500® Low Volatility ETF (SPLV) at 2.36%. 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.