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JEQIX vs. AMFEX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JEQIX vs. AMFEX

Last updated Jun 23, 2026

JEQIX (Johnson Equity Income Fund) and AMFEX (AAMA Equity Fund) are both Large Cap Blend Equities funds. Over the past 5 years, JEQIX returned 6.51%/yr vs 11.35%/yr for AMFEX. Their correlation of 0.91 suggests significant overlap in exposure. JEQIX charges 1.00%/yr vs 1.17%/yr for AMFEX.

Performance

JEQIX vs. AMFEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Johnson Equity Income Fund (JEQIX) and AAMA Equity Fund (AMFEX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, JEQIX achieves a 1.46% return, which is significantly lower than AMFEX's 13.15% return.

JEQIX

1D
0.41%
1M
-0.89%
YTD
1.46%
6M
0.84%
1Y
11.83%
3Y*
8.01%
5Y*
6.51%
10Y*
11.62%

AMFEX

1D
-0.14%
1M
0.47%
YTD
13.15%
6M
12.42%
1Y
27.35%
3Y*
18.64%
5Y*
11.35%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

JEQIX vs. AMFEX - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
JEQIX
Johnson Equity Income Fund		1.46%11.76%4.39%13.42%-9.65%25.94%12.25%34.04%-7.55%
AMFEX
AAMA Equity Fund		13.15%17.33%16.28%17.32%-14.08%22.58%12.70%24.62%-9.60%

Correlation

The correlation between JEQIX and AMFEX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.78

Correlation (3Y)
Calculated over the trailing 3-year period

0.85

Correlation (5Y)
Calculated over the trailing 5-year period

0.90

Correlation (All Time)
Calculated using the full available price history since Nov 7, 2018

0.91

The correlation between JEQIX and AMFEX shifts across timeframes, from 0.78 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Johnson Equity Income Fund

AAMA Equity Fund

Often compared with JEQIX:
JEQIX vs. QQQJEQIX vs. SCHDJEQIX vs. JIBDXJEQIX vs. JOPPXJEQIX vs. JMUNXJEQIX vs. JENHXJEQIX vs. JIBFX
Often compared with AMFEX:
AMFEX vs. SWPPXAMFEX vs. VDIGXAMFEX vs. PRCOXAMFEX vs. QQQAMFEX vs. VINIXAMFEX vs. AMFIXAMFEX vs. VFFSX

Return for Risk

JEQIX vs. AMFEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JEQIX
JEQIX Risk / Return Rank: 1919
Overall Rank
JEQIX Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
JEQIX Sortino Ratio Rank: 2020
Sortino Ratio Rank
JEQIX Omega Ratio Rank: 1818
Omega Ratio Rank
JEQIX Calmar Ratio Rank: 1717
Calmar Ratio Rank
JEQIX Martin Ratio Rank: 2222
Martin Ratio Rank
AMFEX
AMFEX Risk / Return Rank: 9090
Overall Rank
AMFEX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
AMFEX Sortino Ratio Rank: 8787
Sortino Ratio Rank
AMFEX Omega Ratio Rank: 8484
Omega Ratio Rank
AMFEX Calmar Ratio Rank: 9292
Calmar Ratio Rank
AMFEX Martin Ratio Rank: 9595
Martin Ratio Rank
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.

JEQIX vs. AMFEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Johnson Equity Income Fund (JEQIX) and AAMA Equity Fund (AMFEX). 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.

JEQIXAMFEXDifference
Sharpe ratioReturn per unit of total volatility
1.20
2.88

-1.69

Sortino ratioReturn per unit of downside risk
1.75
3.88

-2.13

Omega ratioGain probability vs. loss probability

1.21

1.52

-0.31

Calmar ratioReturn relative to maximum drawdown

1.39

4.70

-3.31

Martin ratioReturn relative to average drawdown

5.13

19.87

-14.74

JEQIX vs. AMFEX - Sharpe Ratio Comparison

The current JEQIX Sharpe Ratio is 1.20, which is lower than the AMFEX Sharpe Ratio of 2.88. The chart below compares the historical Sharpe Ratios of JEQIX and AMFEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

JEQIX vs. AMFEX - Drawdown Comparison

The maximum JEQIX drawdown since its inception was -51.66%, which is greater than AMFEX's maximum drawdown of -30.41%. Use the drawdown chart below to compare losses from any high point for JEQIX and AMFEX.

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Drawdown Indicators

JEQIXAMFEXDifference

Max Drawdown

Largest peak-to-trough decline

-51.66%

-30.41%

-21.25%

Max Drawdown (1Y)

Largest decline over 1 year

-8.49%

-6.07%

-2.42%

Max Drawdown (3Y)

Largest decline over 3 years

-19.09%

-15.23%

-3.86%

Max Drawdown (5Y)

Largest decline over 5 years

-19.09%

-21.21%

+2.12%

Max Drawdown (10Y)

Largest decline over 10 years

-35.64%

—

—

Current Drawdown

Current decline from peak

-2.73%

-0.79%

-1.94%

Average Drawdown

Average peak-to-trough decline

-7.75%

-4.28%

-3.47%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.30%

1.43%

+0.87%

Volatility

JEQIX vs. AMFEX - Volatility Comparison

The current volatility for Johnson Equity Income Fund (JEQIX) is 3.03%, while AAMA Equity Fund (AMFEX) has a volatility of 3.68%. This indicates that JEQIX experiences smaller price fluctuations and is considered to be less risky than AMFEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

JEQIXAMFEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.03%

3.68%

-0.65%

Volatility (6M)

Calculated over the trailing 6-month period

7.70%

7.68%

+0.02%

Volatility (1Y)

Calculated over the trailing 1-year period

9.89%

9.90%

-0.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.52%

14.23%

+0.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.65%

16.93%

-0.28%

JEQIX vs. AMFEX - Expense Ratio Comparison

JEQIX has a 1.00% expense ratio, which is lower than AMFEX's 1.17% expense ratio.

Dividends

JEQIX vs. AMFEX - Dividend Comparison

JEQIX's dividend yield for the trailing twelve months is around 4.12%, less than AMFEX's 10.60% yield.

PositionTTM20252024202320222021202020192018201720162015
AMFEX
AAMA Equity Fund		10.60%11.99%9.19%0.92%4.82%0.22%0.44%0.78%0.83%0.00%0.00%0.00%
JEQIX
Johnson Equity Income Fund		4.12%4.18%0.00%2.66%6.43%8.36%2.03%5.74%8.67%7.82%3.11%7.64%

Frequently Asked Questions

JEQIX and AMFEX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AMFEX has higher volatility (3.68%) compared to JEQIX (3.03%). In terms of maximum drawdown, JEQIX dropped -51.66% vs AMFEX's -30.41%.

AMFEX currently has the higher Sharpe Ratio (2.88 vs 1.20), 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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