JHQAX vs. EZM
Compare and contrast key facts about JPMorgan Hedged Equity Fund (JHQAX) and WisdomTree U.S. MidCap Fund (EZM).
JHQAX is managed by JPMorgan. It was launched on Dec 13, 2013. EZM is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S Mid Cap Index. It was launched on Feb 23, 2007.
Performance
JHQAX vs. EZM - Performance Comparison
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JHQAX vs. EZM - 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% |
EZM WisdomTree U.S. MidCap Fund | 1.24% | 8.42% | 10.29% | 19.69% | -12.22% | 31.00% | 5.57% | 24.48% | -12.36% | 17.37% |
Returns By Period
In the year-to-date period, JHQAX achieves a -4.99% return, which is significantly lower than EZM's 1.24% return. Over the past 10 years, JHQAX has underperformed EZM with an annualized return of 8.48%, while EZM has yielded a comparatively higher 10.01% 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%
EZM
- 1D
- 0.34%
- 1M
- -4.57%
- YTD
- 1.24%
- 6M
- 2.76%
- 1Y
- 14.58%
- 3Y*
- 12.20%
- 5Y*
- 7.01%
- 10Y*
- 10.01%
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JHQAX vs. EZM - Expense Ratio Comparison
JHQAX has a 0.83% expense ratio, which is higher than EZM's 0.38% expense ratio.
Return for Risk
JHQAX vs. EZM — Risk / Return Rank
JHQAX
EZM
JHQAX vs. EZM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity Fund (JHQAX) and WisdomTree U.S. MidCap Fund (EZM). 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 | EZM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.70 | 0.70 | 0.00 |
Sortino ratioReturn per unit of downside risk | 1.07 | 1.15 | -0.08 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.16 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.03 | 1.02 | +0.01 |
Martin ratioReturn relative to average drawdown | 4.24 | 4.15 | +0.09 |
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
| JHQAX | EZM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 0.70 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.34 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | 0.45 | +0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.39 | +0.42 |
Correlation
The correlation between JHQAX and EZM 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. EZM - Dividend Comparison
JHQAX's dividend yield for the trailing twelve months is around 0.39%, less than EZM's 1.38% 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% |
EZM WisdomTree U.S. MidCap Fund | 1.38% | 1.39% | 1.22% | 1.25% | 1.57% | 1.08% | 1.67% | 1.34% | 1.57% | 1.14% | 1.55% | 1.30% |
Drawdowns
JHQAX vs. EZM - Drawdown Comparison
The maximum JHQAX drawdown since its inception was -18.82%, smaller than the maximum EZM drawdown of -59.58%. Use the drawdown chart below to compare losses from any high point for JHQAX and EZM.
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Drawdown Indicators
| JHQAX | EZM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.82% | -59.58% | +40.76% |
Max Drawdown (1Y)Largest decline over 1 year | -6.94% | -14.50% | +7.56% |
Max Drawdown (5Y)Largest decline over 5 years | -14.48% | -23.53% | +9.05% |
Max Drawdown (10Y)Largest decline over 10 years | -18.82% | -47.26% | +28.44% |
Current DrawdownCurrent decline from peak | -6.21% | -5.85% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -2.20% | -8.33% | +6.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 3.56% | -1.88% |
Volatility
JHQAX vs. EZM - Volatility Comparison
The current volatility for JPMorgan Hedged Equity Fund (JHQAX) is 2.83%, while WisdomTree U.S. MidCap Fund (EZM) has a volatility of 5.15%. This indicates that JHQAX experiences smaller price fluctuations and is considered to be less risky than EZM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHQAX | EZM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.83% | 5.15% | -2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 5.54% | 11.17% | -5.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.24% | 21.04% | -10.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.89% | 20.50% | -11.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.40% | 22.36% | -12.96% |