JGLO vs. ^GSPC
Compare and contrast key facts about Jpmorgan Global Select Equity ETF (JGLO) and S&P 500 (^GSPC).
JGLO is an actively managed fund by JPMorgan. It was launched on Sep 13, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JGLO or ^GSPC.
Correlation
The correlation between JGLO and ^GSPC is 0.92, 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
JGLO vs. ^GSPC - Performance Comparison
Key characteristics
JGLO:
1.50
^GSPC:
1.77
JGLO:
2.10
^GSPC:
2.37
JGLO:
1.27
^GSPC:
1.32
JGLO:
2.25
^GSPC:
2.65
JGLO:
8.66
^GSPC:
11.13
JGLO:
2.07%
^GSPC:
2.02%
JGLO:
11.97%
^GSPC:
12.77%
JGLO:
-7.96%
^GSPC:
-56.78%
JGLO:
-4.71%
^GSPC:
-4.32%
Returns By Period
In the year-to-date period, JGLO achieves a -0.43% return, which is significantly higher than ^GSPC's -0.93% return.
JGLO
-0.43%
-4.35%
-1.54%
17.14%
N/A
N/A
^GSPC
-0.93%
-4.23%
3.77%
21.90%
12.31%
11.19%
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Risk-Adjusted Performance
JGLO vs. ^GSPC — Risk-Adjusted Performance Rank
JGLO
^GSPC
JGLO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Global Select Equity ETF (JGLO) and S&P 500 (^GSPC). 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.
Drawdowns
JGLO vs. ^GSPC - Drawdown Comparison
The maximum JGLO drawdown since its inception was -7.96%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for JGLO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
JGLO vs. ^GSPC - Volatility Comparison
The current volatility for Jpmorgan Global Select Equity ETF (JGLO) is 3.93%, while S&P 500 (^GSPC) has a volatility of 4.66%. This indicates that JGLO experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.