JEPAX vs. HLGAX
Compare and contrast key facts about JPMorgan Equity Premium Income Fund Class A (JEPAX) and JPMorgan Government Bond Fund (HLGAX).
JEPAX is managed by JPMorgan. It was launched on Aug 31, 2018. HLGAX is managed by JPMorgan. It was launched on Feb 7, 1993.
Performance
JEPAX vs. HLGAX - Performance Comparison
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JEPAX vs. HLGAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
JEPAX JPMorgan Equity Premium Income Fund Class A | -0.48% | 7.55% | 12.07% | 9.42% | -4.05% | 19.13% | 5.75% | 7.45% |
HLGAX JPMorgan Government Bond Fund | -0.19% | 6.70% | 1.26% | 4.38% | -11.85% | -2.12% | 6.95% | 4.17% |
Returns By Period
In the year-to-date period, JEPAX achieves a -0.48% return, which is significantly lower than HLGAX's -0.19% return.
JEPAX
- 1D
- 1.96%
- 1M
- -5.21%
- YTD
- -0.48%
- 6M
- 2.05%
- 1Y
- 6.64%
- 3Y*
- 8.91%
- 5Y*
- 7.66%
- 10Y*
- —
HLGAX
- 1D
- 0.10%
- 1M
- -1.63%
- YTD
- -0.19%
- 6M
- 0.55%
- 1Y
- 3.48%
- 3Y*
- 3.07%
- 5Y*
- -0.02%
- 10Y*
- 1.20%
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JEPAX vs. HLGAX - Expense Ratio Comparison
JEPAX has a 0.85% expense ratio, which is higher than HLGAX's 0.47% expense ratio.
Return for Risk
JEPAX vs. HLGAX — Risk / Return Rank
JEPAX
HLGAX
JEPAX vs. HLGAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income Fund Class A (JEPAX) and JPMorgan Government Bond Fund (HLGAX). 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.
| JEPAX | HLGAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.49 | 0.90 | -0.40 |
Sortino ratioReturn per unit of downside risk | 0.80 | 1.32 | -0.52 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.16 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.79 | 1.43 | -0.64 |
Martin ratioReturn relative to average drawdown | 3.66 | 4.22 | -0.56 |
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
| JEPAX | HLGAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.49 | 0.90 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | -0.00 | +0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.87 | -0.34 |
Correlation
The correlation between JEPAX and HLGAX is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
JEPAX vs. HLGAX - Dividend Comparison
JEPAX's dividend yield for the trailing twelve months is around 7.31%, more than HLGAX's 3.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEPAX JPMorgan Equity Premium Income Fund Class A | 7.31% | 7.88% | 6.95% | 8.19% | 11.98% | 5.96% | 11.35% | 5.61% | 0.00% | 0.00% | 0.00% | 0.00% |
HLGAX JPMorgan Government Bond Fund | 3.01% | 2.91% | 2.86% | 2.56% | 2.12% | 1.49% | 1.80% | 2.36% | 2.45% | 2.44% | 2.78% | 3.99% |
Drawdowns
JEPAX vs. HLGAX - Drawdown Comparison
The maximum JEPAX drawdown since its inception was -32.69%, which is greater than HLGAX's maximum drawdown of -17.41%. Use the drawdown chart below to compare losses from any high point for JEPAX and HLGAX.
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Drawdown Indicators
| JEPAX | HLGAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.69% | -17.41% | -15.28% |
Max Drawdown (1Y)Largest decline over 1 year | -10.43% | -2.73% | -7.70% |
Max Drawdown (5Y)Largest decline over 5 years | -13.74% | -16.46% | +2.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.41% | — |
Current DrawdownCurrent decline from peak | -5.53% | -3.65% | -1.88% |
Average DrawdownAverage peak-to-trough decline | -3.05% | -2.53% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 0.93% | +1.33% |
Volatility
JEPAX vs. HLGAX - Volatility Comparison
JPMorgan Equity Premium Income Fund Class A (JEPAX) has a higher volatility of 4.15% compared to JPMorgan Government Bond Fund (HLGAX) at 1.52%. This indicates that JEPAX's price experiences larger fluctuations and is considered to be riskier than HLGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEPAX | HLGAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 1.52% | +2.63% |
Volatility (6M)Calculated over the trailing 6-month period | 6.78% | 2.60% | +4.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.79% | 4.15% | +9.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.43% | 5.54% | +5.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.04% | 4.56% | +10.48% |