JIBFX vs. JEQIX

Last updated Aug 1, 2026

JIBFX (Johnson Institutional Core Bond Fund) and JEQIX (Johnson Equity Income Fund) are both mutual funds - JIBFX is a Intermediate Core Bond fund managed by Johnson Mutual Funds, while JEQIX is a Dividend fund managed by Johnson Mutual Funds. Over the past 10 years, JIBFX returned 1.57%/yr vs 11.54%/yr for JEQIX. Their -0.16 correlation means they have often moved in opposite directions in the past. JIBFX charges 0.25%/yr vs 1.00%/yr for JEQIX.

Performance

JIBFX vs. JEQIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Johnson Institutional Core Bond Fund (JIBFX) and Johnson Equity Income Fund (JEQIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JIBFX achieves a -0.45% return, which is significantly lower than JEQIX's 5.67% return. Over the past 10 years, JIBFX has underperformed JEQIX with an annualized return of 1.57%, while JEQIX has yielded a comparatively higher 11.54% annualized return.

JIBFX

• 1D: 0.07%
• 1M: -0.82%
• 6M: -0.64%
• YTD: -0.45%
• 1Y: 2.13%
• 3Y*: 3.95%
• 5Y*: -0.50%
• 10Y*: 1.57%
• ALL TIME*: 1.14%

JEQIX

• 1D: 0.77%
• 1M: 1.81%
• 6M: 2.25%
• YTD: 5.67%
• 1Y: 13.67%
• 3Y*: 8.19%
• 5Y*: 6.13%
• 10Y*: 11.54%
• ALL TIME*: 7.77%

*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)
JEQIX Johnson Equity Income Fund	$0.00	$0.00	$0.00
JIBFX Johnson Institutional Core Bond Fund	$0.00	$0.00	$0.00

JIBFX vs. JEQIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JIBFX Johnson Institutional Core Bond Fund	-0.45%	7.87%	1.21%	5.43%	-13.69%	-2.04%	9.71%	8.95%	0.10%	3.73%
JEQIX Johnson Equity Income Fund	5.67%	11.76%	4.39%	13.42%	-9.65%	25.94%	12.25%	34.04%	-2.69%	25.04%

Correlation

The correlation between JIBFX and JEQIX is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (3Y) Balances recent behavior with more history.	0.26
Correlation (5Y) Shows whether the relationship held over a longer period.	0.19
Correlation (10Y) Provides a long-term view across more market conditions.	0.01
Correlation (All Time) Calculated using the full available price history since Dec 30, 2005	-0.16

The correlation between JIBFX and JEQIX shifts across timeframes, from -0.16 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JIBFX vs. JEQIX — Risk / Return Rank

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

JIBFX

JIBFX Risk / Return Rank: 18
JIBFX Sharpe Ratio Rank: 19
JIBFX Sortino Ratio Rank: 19
JIBFX Omega Ratio Rank: 18
JIBFX Calmar Ratio Rank: 19
JIBFX Martin Ratio Rank: 16

JEQIX

JEQIX Risk / Return Rank: 36
JEQIX Sharpe Ratio Rank: 38
JEQIX Sortino Ratio Rank: 40
JEQIX Omega Ratio Rank: 35
JEQIX Calmar Ratio Rank: 31
JEQIX Martin Ratio Rank: 34

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.

JIBFX vs. JEQIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Johnson Institutional Core Bond Fund (JIBFX) and Johnson Equity Income Fund (JEQIX). 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.

	JIBFX	JEQIX	Difference
Sharpe ratio: Return per unit of total volatility	0.78	1.20	-0.43
Sortino ratio: Return per unit of downside risk	1.15	1.79	-0.64
Omega ratio: Gain probability vs. loss probability	1.14	1.21	-0.08
Calmar ratio: Return relative to maximum drawdown	0.99	1.44	-0.45
Martin ratio: Return relative to average drawdown	2.45	5.19	-2.74

JIBFX vs. JEQIX - Sharpe Ratio Comparison

The current JIBFX Sharpe Ratio is 0.78, which is lower than the JEQIX Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of JIBFX and JEQIX, 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

JIBFX vs. JEQIX - Drawdown Comparison

The maximum JIBFX drawdown since its inception was -19.54%, smaller than the maximum JEQIX drawdown of -51.66%. Use the drawdown chart below to compare losses from any high point for JIBFX and JEQIX.

Drawdown Indicators

	JIBFX	JEQIX	Difference
Max Drawdown Largest peak-to-trough decline	-19.54%	-51.66%	+32.12%
Max Drawdown (1Y) Largest decline over 1 year	-3.11%	-8.49%	+5.38%
Max Drawdown (3Y) Largest decline over 3 years	-5.81%	-19.09%	+13.28%
Max Drawdown (5Y) Largest decline over 5 years	-18.91%	-19.09%	+0.18%
Max Drawdown (10Y) Largest decline over 10 years	-19.54%	-35.64%	+16.10%
Current Drawdown Current decline from peak	-3.50%	0.00%	-3.50%
Average Drawdown Average peak-to-trough decline	-5.15%	-7.72%	+2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.25%	2.35%	-1.10%

Volatility

JIBFX vs. JEQIX - Volatility Comparison

The current volatility for Johnson Institutional Core Bond Fund (JIBFX) is 1.00%, while Johnson Equity Income Fund (JEQIX) has a volatility of 3.29%. This indicates that JIBFX experiences smaller price fluctuations and is considered to be less risky than JEQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIBFX	JEQIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.00%	3.29%	-2.29%
Volatility (6M) Calculated over the trailing 6-month period	3.03%	7.89%	-4.86%
Volatility (1Y) Calculated over the trailing 1-year period	3.95%	10.18%	-6.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.54%	14.52%	-7.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.33%	16.58%	-11.25%

JIBFX vs. JEQIX - Expense Ratio Comparison

JIBFX has a 0.25% expense ratio, which is lower than JEQIX's 1.00% expense ratio.

Dividends

JIBFX vs. JEQIX - Dividend Comparison

JIBFX's dividend yield for the trailing twelve months is around 4.01%, more than JEQIX's 3.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JEQIX Johnson Equity Income Fund	3.96%	4.18%	0.00%	2.66%	6.43%	8.36%	2.03%	5.74%	8.67%	7.82%	3.11%	7.64%
JIBFX Johnson Institutional Core Bond Fund	4.01%	3.85%	3.69%	2.92%	2.41%	1.75%	3.11%	2.76%	2.77%	2.52%	3.03%	2.60%

Frequently Asked Questions

Can I hold both JIBFX and JEQIX in my portfolio?

JIBFX and JEQIX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JIBFX or JEQIX?

JEQIX has higher volatility (3.29%) compared to JIBFX (1.00%). In terms of maximum drawdown, JIBFX dropped -19.54% vs JEQIX's -51.66%.

Which has better risk-adjusted returns?

JEQIX currently has the higher Sharpe Ratio (1.20 vs 0.78), 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.