JHEQX vs. QCLR

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan Hedged Equity Fund Class I (JHEQX) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR).

JHEQX is managed by JPMorgan. It was launched on Dec 13, 2013. QCLR is a passively managed fund by Global X that tracks the performance of the NASDAQ-100 Quarterly Collar 95-110 Index. It was launched on Aug 25, 2021.

Performance

JHEQX vs. QCLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Hedged Equity Fund Class I (JHEQX) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). The values are adjusted to include any dividend payments, if applicable.

JHEQX vs. QCLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JHEQX JPMorgan Hedged Equity Fund Class I	-4.94%	7.49%	18.23%	16.07%	-8.05%	2.26%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	-5.98%	11.27%	20.27%	28.87%	-18.87%	3.02%

Returns By Period

In the year-to-date period, JHEQX achieves a -4.94% return, which is significantly higher than QCLR's -5.98% 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%

QCLR

• 1D: 0.74%
• 1M: -4.77%
• YTD: -5.98%
• 6M: -5.17%
• 1Y: 11.38%
• 3Y*: 12.99%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JHEQX vs. QCLR - Expense Ratio Comparison

JHEQX has a 0.58% expense ratio, which is lower than QCLR's 0.60% expense ratio.

QCLR

Global X NASDAQ 100 Collar 95-110 ETF

JHEQX

JPMorgan Hedged Equity Fund Class I

Return for Risk

JHEQX vs. QCLR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JHEQX

JHEQX Risk / Return Rank: 34
JHEQX Sharpe Ratio Rank: 29
JHEQX Sortino Ratio Rank: 29
JHEQX Omega Ratio Rank: 33
JHEQX Calmar Ratio Rank: 40
JHEQX Martin Ratio Rank: 42

QCLR

QCLR Risk / Return Rank: 46
QCLR Sharpe Ratio Rank: 50
QCLR Sortino Ratio Rank: 51
QCLR Omega Ratio Rank: 43
QCLR Calmar Ratio Rank: 41
QCLR Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JHEQX vs. QCLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity Fund Class I (JHEQX) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). 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	QCLR	Difference
Sharpe ratio Return per unit of total volatility	0.72	0.95	-0.23
Sortino ratio Return per unit of downside risk	1.10	1.41	-0.31
Omega ratio Gain probability vs. loss probability	1.17	1.18	-0.01
Calmar ratio Return relative to maximum drawdown	1.07	1.14	-0.07
Martin ratio Return relative to average drawdown	4.43	4.57	-0.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JHEQX vs. QCLR - Sharpe Ratio Comparison

The current JHEQX Sharpe Ratio is 0.72, which is comparable to the QCLR Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of JHEQX and QCLR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JHEQX	QCLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	0.95	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.55	+0.30

Correlation

The correlation between JHEQX and QCLR is 0.78, 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. QCLR - Dividend Comparison

JHEQX's dividend yield for the trailing twelve months is around 0.64%, less than QCLR's 15.83% yield.

	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%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	15.83%	14.89%	8.89%	0.47%	0.27%	1.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

JHEQX vs. QCLR - Drawdown Comparison

The maximum JHEQX drawdown since its inception was -18.85%, smaller than the maximum QCLR drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for JHEQX and QCLR.

Drawdown Indicators

	JHEQX	QCLR	Difference
Max Drawdown Largest peak-to-trough decline	-18.85%	-21.77%	+2.92%
Max Drawdown (1Y) Largest decline over 1 year	-6.92%	-10.22%	+3.30%
Max Drawdown (5Y) Largest decline over 5 years	-14.34%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-18.85%	—	—
Current Drawdown Current decline from peak	-6.19%	-8.10%	+1.91%
Average Drawdown Average peak-to-trough decline	-2.16%	-6.32%	+4.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.67%	2.56%	-0.89%

Volatility

JHEQX vs. QCLR - Volatility Comparison

The current volatility for JPMorgan Hedged Equity Fund Class I (JHEQX) is 2.81%, while Global X NASDAQ 100 Collar 95-110 ETF (QCLR) has a volatility of 3.93%. This indicates that JHEQX experiences smaller price fluctuations and is considered to be less risky than QCLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHEQX	QCLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.81%	3.93%	-1.12%
Volatility (6M) Calculated over the trailing 6-month period	5.56%	8.56%	-3.00%
Volatility (1Y) Calculated over the trailing 1-year period	10.23%	12.08%	-1.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.89%	12.61%	-3.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.41%	12.61%	-3.20%