JHEQX vs. JDIEX
Compare and contrast key facts about JPMorgan Hedged Equity Fund Class I (JHEQX) and Easterly Hedged Equity Fund (JDIEX).
JHEQX is managed by JPMorgan. It was launched on Dec 13, 2013. JDIEX is managed by James Alpha Advisors. It was launched on Jul 30, 2015.
Performance
JHEQX vs. JDIEX - Performance Comparison
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JHEQX vs. JDIEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JHEQX JPMorgan Hedged Equity Fund Class I | -4.94% | 7.49% | 18.23% | 16.07% | -8.05% | 13.43% | 14.10% | 13.31% | -0.72% | 12.70% |
JDIEX Easterly Hedged Equity Fund | 0.00% | 11.87% | 17.36% | 14.58% | -2.74% | 11.25% | 7.57% | 12.11% | 1.56% | 6.68% |
Returns By Period
Over the past 10 years, JHEQX has outperformed JDIEX with an annualized return of 8.72%, while JDIEX has yielded a comparatively lower 8.11% annualized return.
JHEQX
- 1D
- 0.75%
- 1M
- -5.47%
- YTD
- -4.94%
- 6M
- -2.73%
- 1Y
- 7.14%
- 3Y*
- 9.50%
- 5Y*
- 6.83%
- 10Y*
- 8.72%
JDIEX
- 1D
- 2.04%
- 1M
- -0.33%
- YTD
- 0.00%
- 6M
- 1.42%
- 1Y
- 12.13%
- 3Y*
- 12.95%
- 5Y*
- 9.41%
- 10Y*
- 8.11%
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JHEQX vs. JDIEX - Expense Ratio Comparison
JHEQX has a 0.58% expense ratio, which is lower than JDIEX's 1.26% expense ratio.
Return for Risk
JHEQX vs. JDIEX — Risk / Return Rank
JHEQX
JDIEX
JHEQX vs. JDIEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity Fund Class I (JHEQX) and Easterly Hedged Equity Fund (JDIEX). 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.
| JHEQX | JDIEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.72 | 1.07 | -0.35 |
Sortino ratioReturn per unit of downside risk | 1.10 | 1.55 | -0.44 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.28 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.07 | 1.28 | -0.21 |
Martin ratioReturn relative to average drawdown | 4.43 | 6.95 | -2.52 |
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
| JHEQX | JDIEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | 1.07 | -0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 0.84 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | 0.76 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.75 | +0.10 |
Correlation
The correlation between JHEQX and JDIEX is 0.82, 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.
Dividends
JHEQX vs. JDIEX - Dividend Comparison
JHEQX's dividend yield for the trailing twelve months is around 0.64%, while JDIEX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHEQX JPMorgan Hedged Equity Fund Class I | 0.64% | 0.65% | 0.75% | 0.98% | 0.99% | 0.71% | 1.11% | 1.11% | 1.13% | 0.99% | 1.35% | 1.21% |
JDIEX Easterly Hedged Equity Fund | 0.00% | 0.00% | 0.09% | 0.23% | 2.45% | 10.68% | 8.01% | 1.99% | 10.75% | 2.57% | 0.11% | 0.00% |
Drawdowns
JHEQX vs. JDIEX - Drawdown Comparison
The maximum JHEQX drawdown since its inception was -18.85%, which is greater than JDIEX's maximum drawdown of -17.63%. Use the drawdown chart below to compare losses from any high point for JHEQX and JDIEX.
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Drawdown Indicators
| JHEQX | JDIEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.85% | -17.63% | -1.22% |
Max Drawdown (1Y)Largest decline over 1 year | -6.92% | -9.80% | +2.88% |
Max Drawdown (5Y)Largest decline over 5 years | -14.34% | -17.57% | +3.23% |
Max Drawdown (10Y)Largest decline over 10 years | -18.85% | -17.63% | -1.22% |
Current DrawdownCurrent decline from peak | -6.19% | -1.25% | -4.94% |
Average DrawdownAverage peak-to-trough decline | -2.16% | -2.57% | +0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 1.80% | -0.13% |
Volatility
JHEQX vs. JDIEX - Volatility Comparison
JPMorgan Hedged Equity Fund Class I (JHEQX) and Easterly Hedged Equity Fund (JDIEX) have volatilities of 2.81% and 2.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHEQX | JDIEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.81% | 2.80% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 5.56% | 4.92% | +0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.23% | 11.42% | -1.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.89% | 11.27% | -2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.41% | 10.72% | -1.31% |