JHQTX vs. BBLU

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan Hedged Equity 3 Fund (JHQTX) and Ea Bridgeway Blue Chip ETF (BBLU).

JHQTX is managed by JPMorgan. It was launched on Feb 25, 2021. BBLU is an actively managed fund by Alpha Architect. It was launched on Nov 17, 2022.

Performance

JHQTX vs. BBLU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Hedged Equity 3 Fund (JHQTX) and Ea Bridgeway Blue Chip ETF (BBLU). The values are adjusted to include any dividend payments, if applicable.

JHQTX vs. BBLU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JHQTX JPMorgan Hedged Equity 3 Fund	-3.00%	9.32%	16.76%	18.60%	3.53%
BBLU Ea Bridgeway Blue Chip ETF	-3.31%	18.40%	27.47%	31.11%	6.20%

Returns By Period

In the year-to-date period, JHQTX achieves a -3.00% return, which is significantly higher than BBLU's -3.31% return.

JHQTX

• 1D: 1.50%
• 1M: -2.96%
• YTD: -3.00%
• 6M: -0.33%
• 1Y: 9.68%
• 3Y*: 12.41%
• 5Y*: 6.59%
• 10Y*: —

BBLU

• 1D: -0.03%
• 1M: -3.06%
• YTD: -3.31%
• 6M: -1.04%
• 1Y: 17.64%
• 3Y*: 20.20%
• 5Y*: —
• 10Y*: —

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

JHQTX vs. BBLU - Expense Ratio Comparison

JHQTX has a 0.60% expense ratio, which is higher than BBLU's 0.15% expense ratio.

JHQTX

JPMorgan Hedged Equity 3 Fund

BBLU

Ea Bridgeway Blue Chip ETF

Return for Risk

JHQTX vs. BBLU — Risk / Return Rank

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

JHQTX

JHQTX Risk / Return Rank: 58
JHQTX Sharpe Ratio Rank: 51
JHQTX Sortino Ratio Rank: 55
JHQTX Omega Ratio Rank: 55
JHQTX Calmar Ratio Rank: 65
JHQTX Martin Ratio Rank: 63

BBLU

BBLU Risk / Return Rank: 60
BBLU Sharpe Ratio Rank: 56
BBLU Sortino Ratio Rank: 59
BBLU Omega Ratio Rank: 62
BBLU Calmar Ratio Rank: 56
BBLU Martin Ratio Rank: 64

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.

JHQTX vs. BBLU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity 3 Fund (JHQTX) and Ea Bridgeway Blue Chip ETF (BBLU). 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.

	JHQTX	BBLU	Difference
Sharpe ratio Return per unit of total volatility	1.07	1.04	+0.03
Sortino ratio Return per unit of downside risk	1.60	1.58	+0.02
Omega ratio Gain probability vs. loss probability	1.24	1.23	0.00
Calmar ratio Return relative to maximum drawdown	1.71	1.52	+0.19
Martin ratio Return relative to average drawdown	6.76	6.78	-0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JHQTX vs. BBLU - Sharpe Ratio Comparison

The current JHQTX Sharpe Ratio is 1.07, which is comparable to the BBLU Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of JHQTX and BBLU, 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

	JHQTX	BBLU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	1.04	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	1.56	-0.82

Correlation

The correlation between JHQTX and BBLU is 0.85, 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

JHQTX vs. BBLU - Dividend Comparison

JHQTX's dividend yield for the trailing twelve months is around 0.51%, less than BBLU's 1.30% yield.

	TTM	2025	2024	2023	2022	2021
JHQTX JPMorgan Hedged Equity 3 Fund	0.51%	0.50%	0.70%	0.94%	1.99%	0.36%
BBLU Ea Bridgeway Blue Chip ETF	1.30%	1.25%	1.39%	1.68%	32.08%	0.00%

Drawdowns

JHQTX vs. BBLU - Drawdown Comparison

The maximum JHQTX drawdown since its inception was -18.72%, which is greater than BBLU's maximum drawdown of -17.20%. Use the drawdown chart below to compare losses from any high point for JHQTX and BBLU.

Drawdown Indicators

	JHQTX	BBLU	Difference
Max Drawdown Largest peak-to-trough decline	-18.72%	-17.20%	-1.52%
Max Drawdown (1Y) Largest decline over 1 year	-5.98%	-11.21%	+5.23%
Max Drawdown (5Y) Largest decline over 5 years	-18.72%	—	—
Current Drawdown Current decline from peak	-4.37%	-4.93%	+0.56%
Average Drawdown Average peak-to-trough decline	-4.25%	-2.04%	-2.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	2.51%	-1.00%

Volatility

JHQTX vs. BBLU - Volatility Comparison

The current volatility for JPMorgan Hedged Equity 3 Fund (JHQTX) is 2.92%, while Ea Bridgeway Blue Chip ETF (BBLU) has a volatility of 4.29%. This indicates that JHQTX experiences smaller price fluctuations and is considered to be less risky than BBLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHQTX	BBLU	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.92%	4.29%	-1.37%
Volatility (6M) Calculated over the trailing 6-month period	5.80%	8.42%	-2.62%
Volatility (1Y) Calculated over the trailing 1-year period	9.50%	17.03%	-7.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.69%	14.71%	-5.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.66%	14.71%	-5.05%