JHEQX vs. IVV
Compare and contrast key facts about JPMorgan Hedged Equity Fund Class I (JHEQX) and iShares Core S&P 500 ETF (IVV).
JHEQX is managed by JPMorgan Chase. It was launched on Dec 13, 2013. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHEQX or IVV.
Correlation
The correlation between JHEQX and IVV 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
JHEQX vs. IVV - Performance Comparison
Key characteristics
JHEQX:
2.36
IVV:
2.25
JHEQX:
3.22
IVV:
2.98
JHEQX:
1.49
IVV:
1.42
JHEQX:
3.97
IVV:
3.32
JHEQX:
17.17
IVV:
14.68
JHEQX:
1.12%
IVV:
1.90%
JHEQX:
8.15%
IVV:
12.43%
JHEQX:
-18.85%
IVV:
-55.25%
JHEQX:
-1.94%
IVV:
-2.52%
Returns By Period
In the year-to-date period, JHEQX achieves a 18.77% return, which is significantly lower than IVV's 25.92% return. Over the past 10 years, JHEQX has underperformed IVV with an annualized return of 8.48%, while IVV has yielded a comparatively higher 13.05% annualized return.
JHEQX
18.77%
-0.09%
7.37%
19.06%
10.43%
8.48%
IVV
25.92%
0.33%
9.27%
26.64%
14.77%
13.05%
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JHEQX vs. IVV - Expense Ratio Comparison
JHEQX has a 0.58% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
JHEQX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity Fund Class I (JHEQX) and iShares Core S&P 500 ETF (IVV). 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
JHEQX vs. IVV - Dividend Comparison
JHEQX's dividend yield for the trailing twelve months is around 0.50%, less than IVV's 1.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHEQX JPMorgan Hedged Equity Fund Class I | 0.50% | 0.98% | 0.98% | 0.71% | 1.11% | 1.11% | 1.13% | 0.99% | 1.35% | 1.22% | 1.07% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.29% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
Drawdowns
JHEQX vs. IVV - Drawdown Comparison
The maximum JHEQX drawdown since its inception was -18.85%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for JHEQX and IVV. For additional features, visit the drawdowns tool.
Volatility
JHEQX vs. IVV - Volatility Comparison
The current volatility for JPMorgan Hedged Equity Fund Class I (JHEQX) is 2.62%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.75%. This indicates that JHEQX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.