JHQDX vs. STK

Last updated Aug 5, 2026

JHQDX (JPMorgan Hedged Equity 2 Fund Class I) and STK (Columbia Seligman Premium Technology Growth Fund) are both mutual funds - JHQDX is a Options Trading fund managed by JPMorgan, while STK is a Technology Equities fund actively managed by Columbia. Over the past 5 years, JHQDX returned 7.77%/yr vs 19.71%/yr for STK. Their 0.73 correlation means they have sometimes moved together and sometimes differently. JHQDX charges 0.60%/yr vs 1.12%/yr for STK.

Performance

JHQDX vs. STK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Hedged Equity 2 Fund Class I (JHQDX) and Columbia Seligman Premium Technology Growth Fund (STK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JHQDX achieves a 8.57% return, which is significantly lower than STK's 41.62% return.

JHQDX

• 1D: 0.70%
• 1M: 2.43%
• 6M: 7.70%
• YTD: 8.57%
• 1Y: 14.24%
• 3Y*: 11.83%
• 5Y*: 7.77%
• 10Y*: —
• ALL TIME*: 8.73%

STK

• 1D: 2.90%
• 1M: -1.07%
• 6M: 29.19%
• YTD: 41.62%
• 1Y: 77.64%
• 3Y*: 31.89%
• 5Y*: 19.71%
• 10Y*: 22.46%
• ALL TIME*: 16.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JHQDX JPMorgan Hedged Equity 2 Fund Class I	$0.00	$0.00	$0.00
STK Columbia Seligman Premium Technology Growth Fund	$3.60M	$2.94M	$3.64M

JHQDX vs. STK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JHQDX JPMorgan Hedged Equity 2 Fund Class I	8.57%	7.56%	18.03%	15.26%	-13.30%	14.40%
STK Columbia Seligman Premium Technology Growth Fund	41.62%	24.85%	17.74%	46.60%	-30.36%	36.10%

Correlation

The correlation between JHQDX and STK is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.66
Correlation (3Y) Balances recent behavior with more history.	0.67
Correlation (5Y) Shows whether the relationship held over a longer period.	0.74
Correlation (All Time) Calculated using the full available price history since Feb 26, 2021	0.73

The correlation between JHQDX and STK has been stable across timeframes, ranging from 0.66 to 0.74 - a consistent structural relationship.

Return for Risk

JHQDX vs. STK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JHQDX

JHQDX Risk / Return Rank: 82
JHQDX Sharpe Ratio Rank: 82
JHQDX Sortino Ratio Rank: 81
JHQDX Omega Ratio Rank: 81
JHQDX Calmar Ratio Rank: 80
JHQDX Martin Ratio Rank: 88

STK

STK Risk / Return Rank: 90
STK Sharpe Ratio Rank: 96
STK Sortino Ratio Rank: 87
STK Omega Ratio Rank: 86
STK Calmar Ratio Rank: 91
STK Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JHQDX vs. STK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity 2 Fund Class I (JHQDX) and Columbia Seligman Premium Technology Growth Fund (STK). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JHQDX	STK	Difference
Sharpe ratio: Return per unit of total volatility	2.00	2.68	-0.68
Sortino ratio: Return per unit of downside risk	2.86	3.17	-0.31
Omega ratio: Gain probability vs. loss probability	1.39	1.43	-0.04
Calmar ratio: Return relative to maximum drawdown	2.83	3.73	-0.90
Martin ratio: Return relative to average drawdown	12.26	13.41	-1.15

JHQDX vs. STK - Sharpe Ratio Comparison

The current JHQDX Sharpe Ratio is 2.00, which is comparable to the STK Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of JHQDX and STK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JHQDX vs. STK - Drawdown Comparison

The maximum JHQDX drawdown since its inception was -15.25%, smaller than the maximum STK drawdown of -41.74%. Use the drawdown chart below to compare losses from any high point for JHQDX and STK.

Drawdown Indicators

	JHQDX	STK	Difference
Max Drawdown Largest peak-to-trough decline	-15.25%	-41.74%	+26.49%
Max Drawdown (1Y) Largest decline over 1 year	-5.41%	-20.93%	+15.52%
Max Drawdown (3Y) Largest decline over 3 years	-9.27%	-26.59%	+17.32%
Max Drawdown (5Y) Largest decline over 5 years	-15.25%	-36.27%	+21.02%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.74%	—
Current Drawdown Current decline from peak	0.00%	-11.55%	+11.55%
Average Drawdown Average peak-to-trough decline	-3.15%	-7.45%	+4.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.25%	5.81%	-4.56%

Volatility

JHQDX vs. STK - Volatility Comparison

The current volatility for JPMorgan Hedged Equity 2 Fund Class I (JHQDX) is 3.02%, while Columbia Seligman Premium Technology Growth Fund (STK) has a volatility of 10.99%. This indicates that JHQDX experiences smaller price fluctuations and is considered to be less risky than STK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHQDX	STK	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	10.99%	-7.97%
Volatility (6M) Calculated over the trailing 6-month period	5.88%	25.45%	-19.57%
Volatility (1Y) Calculated over the trailing 1-year period	7.67%	29.14%	-21.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.90%	26.26%	-17.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.68%	26.67%	-17.99%

JHQDX vs. STK - Expense Ratio Comparison

JHQDX has a 0.60% expense ratio, which is lower than STK's 1.12% expense ratio.

Dividends

JHQDX vs. STK - Dividend Comparison

JHQDX's dividend yield for the trailing twelve months is around 0.40%, less than STK's 5.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JHQDX JPMorgan Hedged Equity 2 Fund Class I	0.40%	0.50%	0.75%	0.96%	6.91%	0.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
STK Columbia Seligman Premium Technology Growth Fund	5.32%	7.38%	16.02%	6.70%	12.62%	8.48%	6.79%	7.86%	14.88%	11.82%	9.87%	10.32%

Frequently Asked Questions

Can I hold both JHQDX and STK in my portfolio?

JHQDX and STK have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JHQDX or STK?

STK has higher volatility (10.99%) compared to JHQDX (3.02%). In terms of maximum drawdown, JHQDX dropped -15.25% vs STK's -41.74%.

Which has better risk-adjusted returns?

STK currently has the higher Sharpe Ratio (2.68 vs 2.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.