JHQAX vs. SHIIX
Compare and contrast key facts about JPMorgan Hedged Equity Fund (JHQAX) and Catalyst Buffered Shield Fund (SHIIX).
JHQAX is managed by JPMorgan. It was launched on Dec 13, 2013. SHIIX is managed by Catalyst Mutual Funds. It was launched on Apr 13, 2015.
Performance
JHQAX vs. SHIIX - Performance Comparison
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JHQAX vs. SHIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JHQAX JPMorgan Hedged Equity Fund | -5.70% | 7.22% | 17.93% | 15.78% | -8.27% | 13.13% | 13.77% | 13.38% | -0.93% | 12.45% |
SHIIX Catalyst Buffered Shield Fund | -3.13% | 10.88% | 13.57% | 14.03% | -18.44% | 14.15% | 7.18% | 20.24% | -5.58% | 14.17% |
Returns By Period
In the year-to-date period, JHQAX achieves a -5.70% return, which is significantly lower than SHIIX's -3.13% return. Over the past 10 years, JHQAX has outperformed SHIIX with an annualized return of 8.40%, while SHIIX has yielded a comparatively lower 6.69% annualized return.
JHQAX
- 1D
- -0.27%
- 1M
- -6.23%
- YTD
- -5.70%
- 6M
- -3.39%
- 1Y
- 6.30%
- 3Y*
- 8.96%
- 5Y*
- 6.52%
- 10Y*
- 8.40%
SHIIX
- 1D
- -0.09%
- 1M
- -4.09%
- YTD
- -3.13%
- 6M
- -1.09%
- 1Y
- 10.03%
- 3Y*
- 10.44%
- 5Y*
- 4.67%
- 10Y*
- 6.69%
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JHQAX vs. SHIIX - Expense Ratio Comparison
JHQAX has a 0.83% expense ratio, which is lower than SHIIX's 1.23% expense ratio.
Return for Risk
JHQAX vs. SHIIX — Risk / Return Rank
JHQAX
SHIIX
JHQAX vs. SHIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity Fund (JHQAX) and Catalyst Buffered Shield Fund (SHIIX). 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 | SHIIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.62 | 1.06 | -0.43 |
Sortino ratioReturn per unit of downside risk | 0.97 | 1.56 | -0.59 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.28 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.66 | 1.20 | -0.54 |
Martin ratioReturn relative to average drawdown | 2.79 | 6.48 | -3.69 |
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 | SHIIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 1.06 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.55 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | 0.78 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 0.77 | +0.04 |
Correlation
The correlation between JHQAX and SHIIX is 0.83, 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. SHIIX - Dividend Comparison
JHQAX's dividend yield for the trailing twelve months is around 0.39%, less than SHIIX's 3.12% 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% |
SHIIX Catalyst Buffered Shield Fund | 3.12% | 3.02% | 2.94% | 2.52% | 0.68% | 16.99% | 2.01% | 6.13% | 10.13% | 14.66% | 0.79% | 0.00% |
Drawdowns
JHQAX vs. SHIIX - Drawdown Comparison
The maximum JHQAX drawdown since its inception was -18.82%, smaller than the maximum SHIIX drawdown of -20.20%. Use the drawdown chart below to compare losses from any high point for JHQAX and SHIIX.
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Drawdown Indicators
| JHQAX | SHIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.82% | -20.20% | +1.38% |
Max Drawdown (1Y)Largest decline over 1 year | -6.94% | -7.44% | +0.50% |
Max Drawdown (5Y)Largest decline over 5 years | -14.48% | -20.20% | +5.72% |
Max Drawdown (10Y)Largest decline over 10 years | -18.82% | -20.20% | +1.38% |
Current DrawdownCurrent decline from peak | -6.91% | -4.27% | -2.64% |
Average DrawdownAverage peak-to-trough decline | -2.20% | -4.18% | +1.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.64% | 1.38% | +0.26% |
Volatility
JHQAX vs. SHIIX - Volatility Comparison
JPMorgan Hedged Equity Fund (JHQAX) has a higher volatility of 2.63% compared to Catalyst Buffered Shield Fund (SHIIX) at 2.39%. This indicates that JHQAX's price experiences larger fluctuations and is considered to be riskier than SHIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHQAX | SHIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 2.39% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 5.49% | 3.76% | +1.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.23% | 9.97% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.89% | 8.60% | +0.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.40% | 8.57% | +0.83% |