JIHIX vs. QQQ
Compare and contrast key facts about JPMorgan International Hedged Equity Fund (JIHIX) and Invesco QQQ (QQQ).
JIHIX is managed by JPMorgan Chase. It was launched on Mar 14, 2019. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JIHIX or QQQ.
Correlation
The correlation between JIHIX and QQQ is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JIHIX vs. QQQ - Performance Comparison
Key characteristics
JIHIX:
0.98
QQQ:
1.30
JIHIX:
1.40
QQQ:
1.78
JIHIX:
1.18
QQQ:
1.24
JIHIX:
1.27
QQQ:
1.76
JIHIX:
2.81
QQQ:
6.08
JIHIX:
3.06%
QQQ:
3.92%
JIHIX:
8.78%
QQQ:
18.35%
JIHIX:
-19.01%
QQQ:
-82.98%
JIHIX:
-1.13%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, JIHIX achieves a 5.67% return, which is significantly higher than QQQ's 2.90% return.
JIHIX
5.67%
2.73%
0.46%
7.46%
4.19%
N/A
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
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JIHIX vs. QQQ - Expense Ratio Comparison
JIHIX has a 0.60% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
JIHIX vs. QQQ — Risk-Adjusted Performance Rank
JIHIX
QQQ
JIHIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Hedged Equity Fund (JIHIX) and Invesco QQQ (QQQ). 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.
Dividends
JIHIX vs. QQQ - Dividend Comparison
JIHIX's dividend yield for the trailing twelve months is around 2.69%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JIHIX JPMorgan International Hedged Equity Fund | 2.69% | 2.84% | 2.75% | 2.27% | 2.54% | 1.85% | 4.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
JIHIX vs. QQQ - Drawdown Comparison
The maximum JIHIX drawdown since its inception was -19.01%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for JIHIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
JIHIX vs. QQQ - Volatility Comparison
The current volatility for JPMorgan International Hedged Equity Fund (JIHIX) is 1.73%, while Invesco QQQ (QQQ) has a volatility of 5.02%. This indicates that JIHIX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.