JGVVX vs. SPY
Compare and contrast key facts about JPMorgan Growth Advantage Fund (JGVVX) and SPDR S&P 500 ETF (SPY).
JGVVX is managed by JPMorgan. It was launched on Dec 23, 2013. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JGVVX or SPY.
Correlation
The correlation between JGVVX and SPY 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
JGVVX vs. SPY - Performance Comparison
Key characteristics
JGVVX:
1.00
SPY:
1.91
JGVVX:
1.37
SPY:
2.57
JGVVX:
1.19
SPY:
1.35
JGVVX:
1.46
SPY:
2.88
JGVVX:
4.47
SPY:
11.96
JGVVX:
4.27%
SPY:
2.03%
JGVVX:
19.22%
SPY:
12.68%
JGVVX:
-42.95%
SPY:
-55.19%
JGVVX:
-4.54%
SPY:
0.00%
Returns By Period
In the year-to-date period, JGVVX achieves a 4.72% return, which is significantly higher than SPY's 4.34% return. Over the past 10 years, JGVVX has outperformed SPY with an annualized return of 13.91%, while SPY has yielded a comparatively lower 13.21% annualized return.
JGVVX
4.72%
2.08%
7.30%
19.50%
11.50%
13.91%
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JGVVX vs. SPY - Expense Ratio Comparison
JGVVX has a 0.55% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
JGVVX vs. SPY — Risk-Adjusted Performance Rank
JGVVX
SPY
JGVVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Growth Advantage Fund (JGVVX) and SPDR S&P 500 ETF (SPY). 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
JGVVX vs. SPY - Dividend Comparison
JGVVX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JGVVX JPMorgan Growth Advantage Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 9.28% | 9.37% | 4.04% | 0.00% | 3.42% | 3.83% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
JGVVX vs. SPY - Drawdown Comparison
The maximum JGVVX drawdown since its inception was -42.95%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JGVVX and SPY. For additional features, visit the drawdowns tool.
Volatility
JGVVX vs. SPY - Volatility Comparison
JPMorgan Growth Advantage Fund (JGVVX) has a higher volatility of 5.32% compared to SPDR S&P 500 ETF (SPY) at 3.13%. This indicates that JGVVX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.