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JHQAX vs. PTNQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JHQAX and PTNQ 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.


-0.50.00.51.00.8

Performance

JHQAX vs. PTNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Hedged Equity Fund (JHQAX) and Pacer Trendpilot 100 ETF (PTNQ). The values are adjusted to include any dividend payments, if applicable.

100.00%120.00%140.00%160.00%180.00%200.00%220.00%JulyAugustSeptemberOctoberNovemberDecember
115.02%
219.58%
JHQAX
PTNQ

Key characteristics

Sharpe Ratio

JHQAX:

2.34

PTNQ:

1.78

Sortino Ratio

JHQAX:

3.20

PTNQ:

2.46

Omega Ratio

JHQAX:

1.49

PTNQ:

1.33

Calmar Ratio

JHQAX:

3.91

PTNQ:

2.32

Martin Ratio

JHQAX:

16.87

PTNQ:

8.63

Ulcer Index

JHQAX:

1.13%

PTNQ:

2.03%

Daily Std Dev

JHQAX:

8.12%

PTNQ:

9.83%

Max Drawdown

JHQAX:

-18.82%

PTNQ:

-28.06%

Current Drawdown

JHQAX:

-1.89%

PTNQ:

-2.16%

Returns By Period

In the year-to-date period, JHQAX achieves a 18.54% return, which is significantly higher than PTNQ's 16.56% return.


JHQAX

YTD

18.54%

1M

-0.03%

6M

7.30%

1Y

18.84%

5Y*

10.17%

10Y*

8.22%

PTNQ

YTD

16.56%

1M

1.87%

6M

5.71%

1Y

16.88%

5Y*

14.18%

10Y*

N/A

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. PTNQ - Expense Ratio Comparison

JHQAX has a 0.83% expense ratio, which is higher than PTNQ's 0.65% expense ratio.


JHQAX
JPMorgan Hedged Equity Fund
Expense ratio chart for JHQAX: current value at 0.83% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.83%
Expense ratio chart for PTNQ: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Risk-Adjusted Performance

JHQAX vs. PTNQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity Fund (JHQAX) and Pacer Trendpilot 100 ETF (PTNQ). 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 JHQAX, currently valued at 2.34, compared to the broader market-1.000.001.002.003.004.002.341.78
The chart of Sortino ratio for JHQAX, currently valued at 3.20, compared to the broader market-2.000.002.004.006.008.0010.003.202.46
The chart of Omega ratio for JHQAX, currently valued at 1.49, compared to the broader market0.501.001.502.002.503.003.501.491.33
The chart of Calmar ratio for JHQAX, currently valued at 3.91, compared to the broader market0.002.004.006.008.0010.0012.0014.003.912.32
The chart of Martin ratio for JHQAX, currently valued at 16.87, compared to the broader market0.0020.0040.0060.0016.878.63
JHQAX
PTNQ

The current JHQAX Sharpe Ratio is 2.34, which is higher than the PTNQ Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of JHQAX and PTNQ, 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.34
1.78
JHQAX
PTNQ

Dividends

JHQAX vs. PTNQ - Dividend Comparison

JHQAX's dividend yield for the trailing twelve months is around 0.33%, less than PTNQ's 1.26% yield.


TTM2023202220212020201920182017201620152014
JHQAX
JPMorgan Hedged Equity Fund
0.33%0.74%0.74%0.50%0.89%0.89%0.91%0.75%1.11%0.97%1.07%
PTNQ
Pacer Trendpilot 100 ETF
1.26%1.47%0.62%0.00%0.16%0.44%0.45%0.32%0.30%0.22%0.00%

Drawdowns

JHQAX vs. PTNQ - Drawdown Comparison

The maximum JHQAX drawdown since its inception was -18.82%, smaller than the maximum PTNQ drawdown of -28.06%. Use the drawdown chart below to compare losses from any high point for JHQAX and PTNQ. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.89%
-2.16%
JHQAX
PTNQ

Volatility

JHQAX vs. PTNQ - Volatility Comparison

The current volatility for JPMorgan Hedged Equity Fund (JHQAX) is 2.62%, while Pacer Trendpilot 100 ETF (PTNQ) has a volatility of 3.16%. This indicates that JHQAX experiences smaller price fluctuations and is considered to be less risky than PTNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
2.62%
3.16%
JHQAX
PTNQ
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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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