JHQDX vs. JHQAX
Compare and contrast key facts about JPMorgan Hedged Equity 2 Fund Class I (JHQDX) and JPMorgan Hedged Equity Fund (JHQAX).
JHQDX is managed by JPMorgan. It was launched on Feb 26, 2021. JHQAX is managed by JPMorgan. It was launched on Dec 13, 2013.
Performance
JHQDX vs. JHQAX - Performance Comparison
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JHQDX vs. JHQAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JHQDX JPMorgan Hedged Equity 2 Fund Class I | -3.02% | 7.56% | 18.03% | 15.26% | -13.30% | 14.40% |
JHQAX JPMorgan Hedged Equity Fund | -4.99% | 7.22% | 17.93% | 15.78% | -8.27% | 11.77% |
Returns By Period
In the year-to-date period, JHQDX achieves a -3.02% return, which is significantly higher than JHQAX's -4.99% return.
JHQDX
- 1D
- 1.10%
- 1M
- -3.65%
- YTD
- -3.02%
- 6M
- -1.43%
- 1Y
- 6.55%
- 3Y*
- 9.71%
- 5Y*
- 6.40%
- 10Y*
- —
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%
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JHQDX vs. JHQAX - Expense Ratio Comparison
JHQDX has a 0.60% expense ratio, which is lower than JHQAX's 0.83% expense ratio.
Return for Risk
JHQDX vs. JHQAX — Risk / Return Rank
JHQDX
JHQAX
JHQDX vs. JHQAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity 2 Fund Class I (JHQDX) and JPMorgan Hedged Equity Fund (JHQAX). 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.
| JHQDX | JHQAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.70 | +0.15 |
Sortino ratioReturn per unit of downside risk | 1.24 | 1.07 | +0.17 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.16 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 1.03 | +0.25 |
Martin ratioReturn relative to average drawdown | 5.49 | 4.24 | +1.25 |
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
| JHQDX | JHQAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.70 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.74 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.81 | -0.01 |
Correlation
The correlation between JHQDX and JHQAX is 0.92, 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
JHQDX vs. JHQAX - Dividend Comparison
JHQDX's dividend yield for the trailing twelve months is around 0.51%, more than JHQAX's 0.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHQDX JPMorgan Hedged Equity 2 Fund Class I | 0.51% | 0.50% | 0.75% | 0.96% | 6.91% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Drawdowns
JHQDX vs. JHQAX - Drawdown Comparison
The maximum JHQDX drawdown since its inception was -15.25%, smaller than the maximum JHQAX drawdown of -18.82%. Use the drawdown chart below to compare losses from any high point for JHQDX and JHQAX.
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Drawdown Indicators
| JHQDX | JHQAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.25% | -18.82% | +3.57% |
Max Drawdown (1Y)Largest decline over 1 year | -5.41% | -6.94% | +1.53% |
Max Drawdown (5Y)Largest decline over 5 years | -15.25% | -14.48% | -0.77% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.82% | — |
Current DrawdownCurrent decline from peak | -4.37% | -6.21% | +1.84% |
Average DrawdownAverage peak-to-trough decline | -3.32% | -2.20% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 1.68% | -0.42% |
Volatility
JHQDX vs. JHQAX - Volatility Comparison
The current volatility for JPMorgan Hedged Equity 2 Fund Class I (JHQDX) is 2.60%, while JPMorgan Hedged Equity Fund (JHQAX) has a volatility of 2.83%. This indicates that JHQDX experiences smaller price fluctuations and is considered to be less risky than JHQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JHQDX | JHQAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.60% | 2.83% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 5.55% | 5.54% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.82% | 10.24% | -2.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.74% | 8.89% | -0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.70% | 9.40% | -0.70% |