JHQAX vs. DGT
Compare and contrast key facts about JPMorgan Hedged Equity Fund (JHQAX) and State Street SPDR Global Dow ETF (DGT).
JHQAX is managed by JPMorgan. It was launched on Dec 13, 2013. DGT is a passively managed fund by State Street that tracks the performance of the The Global Dow. It was launched on Sep 25, 2000.
Performance
JHQAX vs. DGT - Performance Comparison
Loading graphics...
JHQAX vs. DGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JHQAX JPMorgan Hedged Equity Fund | -4.99% | 7.22% | 17.93% | 15.78% | -8.27% | 13.13% | 13.77% | 13.38% | -0.93% | 12.45% |
DGT State Street SPDR Global Dow ETF | 2.98% | 30.04% | 14.15% | 20.95% | -8.00% | 21.50% | 9.67% | 22.19% | -9.65% | 24.87% |
Returns By Period
In the year-to-date period, JHQAX achieves a -4.99% return, which is significantly lower than DGT's 2.98% return. Over the past 10 years, JHQAX has underperformed DGT with an annualized return of 8.48%, while DGT has yielded a comparatively higher 13.29% annualized return.
JHQAX
- 1D
- 0.75%
- 1M
- -5.50%
- YTD
- -4.99%
- 6M
- -2.86%
- 1Y
- 6.90%
- 3Y*
- 9.23%
- 5Y*
- 6.56%
- 10Y*
- 8.48%
DGT
- 1D
- 0.93%
- 1M
- -4.07%
- YTD
- 2.98%
- 6M
- 7.13%
- 1Y
- 26.23%
- 3Y*
- 20.06%
- 5Y*
- 13.20%
- 10Y*
- 13.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JHQAX vs. DGT - Expense Ratio Comparison
JHQAX has a 0.83% expense ratio, which is higher than DGT's 0.50% expense ratio.
Return for Risk
JHQAX vs. DGT — Risk / Return Rank
JHQAX
DGT
JHQAX vs. DGT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity Fund (JHQAX) and State Street SPDR Global Dow ETF (DGT). 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.
| JHQAX | DGT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.70 | 1.60 | -0.91 |
Sortino ratioReturn per unit of downside risk | 1.07 | 2.22 | -1.15 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.35 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | 1.03 | 2.09 | -1.07 |
Martin ratioReturn relative to average drawdown | 4.24 | 10.12 | -5.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| JHQAX | DGT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 1.60 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.88 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | 0.79 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.28 | +0.54 |
Correlation
The correlation between JHQAX and DGT is 0.75, 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
JHQAX vs. DGT - Dividend Comparison
JHQAX's dividend yield for the trailing twelve months is around 0.39%, less than DGT's 2.76% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHQAX JPMorgan Hedged Equity Fund | 0.39% | 0.41% | 0.51% | 0.74% | 0.74% | 0.50% | 0.89% | 1.18% | 0.92% | 0.76% | 1.11% | 0.97% |
DGT State Street SPDR Global Dow ETF | 2.76% | 2.78% | 2.83% | 2.53% | 3.15% | 2.66% | 1.97% | 2.76% | 2.50% | 1.93% | 2.31% | 2.37% |
Drawdowns
JHQAX vs. DGT - Drawdown Comparison
The maximum JHQAX drawdown since its inception was -18.82%, smaller than the maximum DGT drawdown of -55.36%. Use the drawdown chart below to compare losses from any high point for JHQAX and DGT.
Loading graphics...
Drawdown Indicators
| JHQAX | DGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.82% | -55.36% | +36.54% |
Max Drawdown (1Y)Largest decline over 1 year | -6.94% | -12.45% | +5.51% |
Max Drawdown (5Y)Largest decline over 5 years | -14.48% | -25.18% | +10.70% |
Max Drawdown (10Y)Largest decline over 10 years | -18.82% | -34.40% | +15.58% |
Current DrawdownCurrent decline from peak | -6.21% | -5.00% | -1.21% |
Average DrawdownAverage peak-to-trough decline | -2.20% | -13.92% | +11.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 2.58% | -0.90% |
Volatility
JHQAX vs. DGT - Volatility Comparison
The current volatility for JPMorgan Hedged Equity Fund (JHQAX) is 2.83%, while State Street SPDR Global Dow ETF (DGT) has a volatility of 5.57%. This indicates that JHQAX experiences smaller price fluctuations and is considered to be less risky than DGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| JHQAX | DGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.83% | 5.57% | -2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 5.54% | 9.11% | -3.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.24% | 16.42% | -6.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.89% | 15.10% | -6.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.40% | 16.94% | -7.54% |