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JHEQX vs. LCSIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JHEQX and LCSIX is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.0

Performance

JHEQX vs. LCSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Hedged Equity Fund Class I (JHEQX) and LoCorr Long/Short Commodity Strategies Fund (LCSIX). The values are adjusted to include any dividend payments, if applicable.

80.00%90.00%100.00%110.00%120.00%130.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
138.42%
84.19%
JHEQX
LCSIX

Key characteristics

Sharpe Ratio

JHEQX:

2.36

LCSIX:

-1.60

Sortino Ratio

JHEQX:

3.22

LCSIX:

-2.06

Omega Ratio

JHEQX:

1.49

LCSIX:

0.77

Calmar Ratio

JHEQX:

3.97

LCSIX:

-0.67

Martin Ratio

JHEQX:

17.17

LCSIX:

-2.04

Ulcer Index

JHEQX:

1.12%

LCSIX:

3.66%

Daily Std Dev

JHEQX:

8.15%

LCSIX:

4.67%

Max Drawdown

JHEQX:

-18.85%

LCSIX:

-25.05%

Current Drawdown

JHEQX:

-1.94%

LCSIX:

-11.14%

Returns By Period

In the year-to-date period, JHEQX achieves a 18.77% return, which is significantly higher than LCSIX's -7.18% return. Over the past 10 years, JHEQX has outperformed LCSIX with an annualized return of 8.48%, while LCSIX has yielded a comparatively lower 5.21% annualized return.


JHEQX

YTD

18.77%

1M

-0.09%

6M

7.37%

1Y

19.06%

5Y*

10.43%

10Y*

8.48%

LCSIX

YTD

-7.18%

1M

-3.01%

6M

-8.21%

1Y

-7.47%

5Y*

4.00%

10Y*

5.21%

Compare stocks, funds, or ETFs

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


JHEQX vs. LCSIX - Expense Ratio Comparison

JHEQX has a 0.58% expense ratio, which is lower than LCSIX's 1.75% expense ratio.


LCSIX
LoCorr Long/Short Commodity Strategies Fund
Expense ratio chart for LCSIX: current value at 1.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.75%
Expense ratio chart for JHEQX: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%

Risk-Adjusted Performance

JHEQX vs. LCSIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity Fund Class I (JHEQX) and LoCorr Long/Short Commodity Strategies Fund (LCSIX). 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.


Sharpe ratio
The chart of Sharpe ratio for JHEQX, currently valued at 2.36, compared to the broader market0-1.000.001.002.003.004.002.36
The chart of Sortino ratio for JHEQX, currently valued at 3.22, compared to the broader market-2.000.002.004.006.008.0010.003.22-2.06
The chart of Omega ratio for JHEQX, currently valued at 1.49, compared to the broader market0.501.001.502.002.503.003.501.490.77
The chart of Calmar ratio for JHEQX, currently valued at 3.97, compared to the broader market0.002.004.006.008.0010.0012.0014.003.97-0.67
The chart of Martin ratio for JHEQX, currently valued at 17.17, compared to the broader market0.0020.0040.0060.0017.17-2.04
JHEQX
LCSIX

The current JHEQX Sharpe Ratio is 2.36, which is higher than the LCSIX Sharpe Ratio of -1.60. The chart below compares the historical Sharpe Ratios of JHEQX and LCSIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.36
-1.60
JHEQX
LCSIX

Dividends

JHEQX vs. LCSIX - Dividend Comparison

JHEQX's dividend yield for the trailing twelve months is around 0.50%, less than LCSIX's 2.66% yield.


TTM2023202220212020201920182017201620152014
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%
LCSIX
LoCorr Long/Short Commodity Strategies Fund
2.66%1.89%10.75%7.14%2.93%0.54%12.36%0.02%3.20%7.35%9.86%

Drawdowns

JHEQX vs. LCSIX - Drawdown Comparison

The maximum JHEQX drawdown since its inception was -18.85%, smaller than the maximum LCSIX drawdown of -25.05%. Use the drawdown chart below to compare losses from any high point for JHEQX and LCSIX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.94%
-11.14%
JHEQX
LCSIX

Volatility

JHEQX vs. LCSIX - Volatility Comparison

JPMorgan Hedged Equity Fund Class I (JHEQX) has a higher volatility of 2.62% compared to LoCorr Long/Short Commodity Strategies Fund (LCSIX) at 1.64%. This indicates that JHEQX's price experiences larger fluctuations and is considered to be riskier than LCSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
2.62%
1.64%
JHEQX
LCSIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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