Correlation
The correlation between JLPSX and ABALX is 0.96, 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.
JLPSX vs. ABALX
Compare and contrast key facts about JPMorgan U.S. Large Cap Core Plus Fund (JLPSX) and American Funds American Balanced Fund Class A (ABALX).
JLPSX is managed by JPMorgan Chase. It was launched on Nov 1, 2005. ABALX is managed by American Funds. It was launched on Jul 26, 1975.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JLPSX or ABALX.
Performance
JLPSX vs. ABALX - Performance Comparison
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Key characteristics
JLPSX:
0.55
ABALX:
1.09
JLPSX:
0.79
ABALX:
1.43
JLPSX:
1.11
ABALX:
1.20
JLPSX:
0.48
ABALX:
1.12
JLPSX:
1.66
ABALX:
4.49
JLPSX:
5.67%
ABALX:
2.66%
JLPSX:
20.04%
ABALX:
12.04%
JLPSX:
-50.65%
ABALX:
-40.12%
JLPSX:
-5.47%
ABALX:
-0.72%
Returns By Period
In the year-to-date period, JLPSX achieves a -0.66% return, which is significantly lower than ABALX's 3.41% return. Over the past 10 years, JLPSX has outperformed ABALX with an annualized return of 12.98%, while ABALX has yielded a comparatively lower 8.29% annualized return.
JLPSX
-0.66%
5.43%
-4.49%
10.10%
17.36%
17.46%
12.98%
ABALX
3.41%
3.69%
2.00%
12.42%
8.96%
9.34%
8.29%
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JLPSX vs. ABALX - Expense Ratio Comparison
JLPSX has a 1.45% expense ratio, which is higher than ABALX's 0.56% expense ratio.
Risk-Adjusted Performance
JLPSX vs. ABALX — Risk-Adjusted Performance Rank
JLPSX
ABALX
JLPSX vs. ABALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Large Cap Core Plus Fund (JLPSX) and American Funds American Balanced Fund Class A (ABALX). 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.
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Dividends
JLPSX vs. ABALX - Dividend Comparison
JLPSX's dividend yield for the trailing twelve months is around 6.53%, less than ABALX's 6.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JLPSX JPMorgan U.S. Large Cap Core Plus Fund | 6.53% | 6.48% | 11.67% | 32.44% | 28.14% | 28.69% | 23.07% | 17.84% | 13.85% | 4.73% | 9.24% | 7.91% |
ABALX American Funds American Balanced Fund Class A | 6.97% | 7.19% | 2.36% | 2.30% | 4.30% | 4.35% | 4.00% | 6.17% | 5.40% | 4.24% | 5.60% | 7.37% |
Drawdowns
JLPSX vs. ABALX - Drawdown Comparison
The maximum JLPSX drawdown since its inception was -50.65%, which is greater than ABALX's maximum drawdown of -40.12%. Use the drawdown chart below to compare losses from any high point for JLPSX and ABALX.
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Volatility
JLPSX vs. ABALX - Volatility Comparison
JPMorgan U.S. Large Cap Core Plus Fund (JLPSX) has a higher volatility of 4.96% compared to American Funds American Balanced Fund Class A (ABALX) at 2.71%. This indicates that JLPSX's price experiences larger fluctuations and is considered to be riskier than ABALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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