JIHIX vs. ^GSPC
Compare and contrast key facts about JPMorgan International Hedged Equity Fund (JIHIX) and S&P 500 (^GSPC).
JIHIX is managed by JPMorgan Chase. It was launched on Mar 14, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JIHIX or ^GSPC.
Correlation
The correlation between JIHIX and ^GSPC is 0.67, 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. ^GSPC - Performance Comparison
Key characteristics
JIHIX:
1.05
^GSPC:
1.59
JIHIX:
1.49
^GSPC:
2.16
JIHIX:
1.19
^GSPC:
1.29
JIHIX:
1.37
^GSPC:
2.40
JIHIX:
3.06
^GSPC:
9.79
JIHIX:
3.05%
^GSPC:
2.08%
JIHIX:
8.91%
^GSPC:
12.86%
JIHIX:
-19.01%
^GSPC:
-56.78%
JIHIX:
-1.89%
^GSPC:
-1.09%
Returns By Period
In the year-to-date period, JIHIX achieves a 4.86% return, which is significantly higher than ^GSPC's 2.90% return.
JIHIX
4.86%
5.26%
2.65%
10.38%
3.83%
N/A
^GSPC
2.90%
3.70%
10.94%
22.18%
12.41%
11.21%
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Risk-Adjusted Performance
JIHIX vs. ^GSPC — Risk-Adjusted Performance Rank
JIHIX
^GSPC
JIHIX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Hedged Equity Fund (JIHIX) and S&P 500 (^GSPC). 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.
Drawdowns
JIHIX vs. ^GSPC - Drawdown Comparison
The maximum JIHIX drawdown since its inception was -19.01%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for JIHIX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
JIHIX vs. ^GSPC - Volatility Comparison
The current volatility for JPMorgan International Hedged Equity Fund (JIHIX) is 2.04%, while S&P 500 (^GSPC) has a volatility of 3.52%. This indicates that JIHIX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.