JHEQX vs. LCSIX
Compare and contrast key facts about JPMorgan Hedged Equity Fund Class I (JHEQX) and LoCorr Long/Short Commodity Strategies Fund (LCSIX).
JHEQX is managed by JPMorgan Chase. It was launched on Dec 13, 2013. LCSIX is managed by LoCorr Funds. It was launched on Dec 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHEQX or LCSIX.
Performance
JHEQX vs. LCSIX - Performance Comparison
Returns By Period
In the year-to-date period, JHEQX achieves a 19.45% return, which is significantly higher than LCSIX's -4.20% return. Over the past 10 years, JHEQX has outperformed LCSIX with an annualized return of 8.64%, while LCSIX has yielded a comparatively lower 5.05% annualized return.
JHEQX
19.45%
1.76%
11.26%
20.82%
10.87%
8.64%
LCSIX
-4.20%
-0.64%
-5.56%
-3.28%
4.68%
5.05%
Key characteristics
| JHEQX | LCSIX | |
|---|---|---|
| Sharpe Ratio | 2.69 | -0.62 |
| Sortino Ratio | 3.77 | -0.79 |
| Omega Ratio | 1.57 | 0.89 |
| Calmar Ratio | 4.30 | -0.36 |
| Martin Ratio | 19.13 | -1.08 |
| Ulcer Index | 1.09% | 3.03% |
| Daily Std Dev | 7.76% | 5.29% |
| Max Drawdown | -18.85% | -25.05% |
| Current Drawdown | -0.42% | -8.29% |
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JHEQX vs. LCSIX - Expense Ratio Comparison
JHEQX has a 0.58% expense ratio, which is lower than LCSIX's 1.75% expense ratio.
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.
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.
Dividends
JHEQX vs. LCSIX - Dividend Comparison
JHEQX's dividend yield for the trailing twelve months is around 0.77%, less than LCSIX's 1.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JHEQX JPMorgan Hedged Equity Fund Class I | 0.77% | 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 | 1.97% | 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.
Volatility
JHEQX vs. LCSIX - Volatility Comparison
JPMorgan Hedged Equity Fund Class I (JHEQX) has a higher volatility of 2.48% compared to LoCorr Long/Short Commodity Strategies Fund (LCSIX) at 1.31%. 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.