JHQDX vs. STTIX

Last updated Apr 1, 2026

Compare and contrast key facts about JPMorgan Hedged Equity 2 Fund Class I (JHQDX) and North SquareTrilogy Alternative Return Fund (STTIX).

JHQDX is managed by JPMorgan. It was launched on Feb 26, 2021. STTIX is managed by Stadion Funds. It was launched on Apr 1, 2012.

Performance

JHQDX vs. STTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Hedged Equity 2 Fund Class I (JHQDX) and North SquareTrilogy Alternative Return Fund (STTIX). The values are adjusted to include any dividend payments, if applicable.

JHQDX vs. STTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JHQDX JPMorgan Hedged Equity 2 Fund Class I	-4.08%	7.56%	18.03%	15.26%	-13.30%	14.40%
STTIX North SquareTrilogy Alternative Return Fund	-0.47%	6.66%	5.94%	-1.89%	-10.52%	4.66%

Returns By Period

In the year-to-date period, JHQDX achieves a -4.08% return, which is significantly lower than STTIX's -0.47% return.

JHQDX

• 1D: -0.16%
• 1M: -4.75%
• YTD: -4.08%
• 6M: -2.36%
• 1Y: 5.44%
• 3Y*: 9.31%
• 5Y*: 6.27%
• 10Y*: —

STTIX

• 1D: 0.52%
• 1M: -2.06%
• YTD: -0.47%
• 6M: 0.34%
• 1Y: 3.73%
• 3Y*: 3.59%
• 5Y*: 0.08%
• 10Y*: 1.90%

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

JHQDX vs. STTIX - Expense Ratio Comparison

JHQDX has a 0.60% expense ratio, which is lower than STTIX's 1.38% expense ratio.

STTIX

North SquareTrilogy Alternative Return Fund

JHQDX

JPMorgan Hedged Equity 2 Fund Class I

Return for Risk

JHQDX vs. STTIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JHQDX

JHQDX Risk / Return Rank: 33
JHQDX Sharpe Ratio Rank: 34
JHQDX Sortino Ratio Rank: 32
JHQDX Omega Ratio Rank: 31
JHQDX Calmar Ratio Rank: 32
JHQDX Martin Ratio Rank: 38

STTIX

STTIX Risk / Return Rank: 45
STTIX Sharpe Ratio Rank: 45
STTIX Sortino Ratio Rank: 44
STTIX Omega Ratio Rank: 33
STTIX Calmar Ratio Rank: 63
STTIX Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JHQDX vs. STTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity 2 Fund Class I (JHQDX) and North SquareTrilogy Alternative Return Fund (STTIX). 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	STTIX	Difference
Sharpe ratio Return per unit of total volatility	0.74	0.91	-0.17
Sortino ratio Return per unit of downside risk	1.09	1.33	-0.25
Omega ratio Gain probability vs. loss probability	1.16	1.17	-0.01
Calmar ratio Return relative to maximum drawdown	0.89	1.48	-0.59
Martin ratio Return relative to average drawdown	3.92	4.15	-0.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JHQDX vs. STTIX - Sharpe Ratio Comparison

The current JHQDX Sharpe Ratio is 0.74, which is comparable to the STTIX Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of JHQDX and STTIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JHQDX	STTIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	0.91	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.01	+0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.24	+0.54

Correlation

The correlation between JHQDX and STTIX is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

JHQDX vs. STTIX - Dividend Comparison

JHQDX's dividend yield for the trailing twelve months is around 0.52%, less than STTIX's 4.71% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JHQDX JPMorgan Hedged Equity 2 Fund Class I	0.52%	0.50%	0.75%	0.96%	6.91%	0.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
STTIX North SquareTrilogy Alternative Return Fund	4.71%	4.26%	17.39%	2.10%	1.03%	0.49%	1.02%	1.68%	1.73%	0.96%	0.99%	1.07%

Drawdowns

JHQDX vs. STTIX - Drawdown Comparison

The maximum JHQDX drawdown since its inception was -15.25%, smaller than the maximum STTIX drawdown of -18.71%. Use the drawdown chart below to compare losses from any high point for JHQDX and STTIX.

Drawdown Indicators

	JHQDX	STTIX	Difference
Max Drawdown Largest peak-to-trough decline	-15.25%	-18.71%	+3.46%
Max Drawdown (1Y) Largest decline over 1 year	-5.41%	-2.68%	-2.73%
Max Drawdown (5Y) Largest decline over 5 years	-15.25%	-18.71%	+3.46%
Max Drawdown (10Y) Largest decline over 10 years	—	-18.71%	—
Current Drawdown Current decline from peak	-5.41%	-6.83%	+1.42%
Average Drawdown Average peak-to-trough decline	-3.32%	-4.71%	+1.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.23%	0.95%	+0.28%

Volatility

JHQDX vs. STTIX - Volatility Comparison

JPMorgan Hedged Equity 2 Fund Class I (JHQDX) has a higher volatility of 2.24% compared to North SquareTrilogy Alternative Return Fund (STTIX) at 1.33%. This indicates that JHQDX's price experiences larger fluctuations and is considered to be riskier than STTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHQDX	STTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.24%	1.33%	+0.91%
Volatility (6M) Calculated over the trailing 6-month period	5.43%	2.45%	+2.98%
Volatility (1Y) Calculated over the trailing 1-year period	7.76%	4.10%	+3.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.73%	9.85%	-1.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.69%	7.80%	+0.89%