JMGIX vs. VIMAX
Compare and contrast key facts about JPMorgan Managed Income Fund (JMGIX) and Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX).
JMGIX is managed by Blackrock. It was launched on Sep 30, 2010. VIMAX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JMGIX or VIMAX.
Key characteristics
| JMGIX | VIMAX | |
|---|---|---|
| YTD Return | 2.12% | 7.14% |
| 1Y Return | 5.41% | 22.48% |
| 3Y Return (Ann) | 2.58% | 4.23% |
| 5Y Return (Ann) | 2.19% | 10.60% |
| 10Y Return (Ann) | 1.71% | 9.86% |
| Sharpe Ratio | 3.47 | 1.85 |
| Daily Std Dev | 1.56% | 12.97% |
| Max Drawdown | -2.18% | -58.88% |
| Current Drawdown | 0.00% | -1.05% |
Correlation
The correlation between JMGIX and VIMAX is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JMGIX vs. VIMAX - Performance Comparison
In the year-to-date period, JMGIX achieves a 2.12% return, which is significantly lower than VIMAX's 7.14% return. Over the past 10 years, JMGIX has underperformed VIMAX with an annualized return of 1.71%, while VIMAX has yielded a comparatively higher 9.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JMGIX vs. VIMAX - Expense Ratio Comparison
JMGIX has a 0.25% expense ratio, which is higher than VIMAX's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
JMGIX vs. VIMAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Managed Income Fund (JMGIX) and Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX). 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
JMGIX vs. VIMAX - Dividend Comparison
JMGIX's dividend yield for the trailing twelve months is around 5.05%, more than VIMAX's 1.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMGIX JPMorgan Managed Income Fund | 5.05% | 4.57% | 1.31% | 0.45% | 1.31% | 2.57% | 2.15% | 1.40% | 0.92% | 0.43% | 0.40% | 0.43% |
VIMAX Vanguard Mid-Cap Index Fund Admiral Shares | 1.50% | 1.51% | 1.59% | 1.11% | 1.44% | 1.47% | 1.82% | 1.35% | 1.45% | 1.47% | 1.29% | 1.17% |
Drawdowns
JMGIX vs. VIMAX - Drawdown Comparison
The maximum JMGIX drawdown since its inception was -2.18%, smaller than the maximum VIMAX drawdown of -58.88%. Use the drawdown chart below to compare losses from any high point for JMGIX and VIMAX. For additional features, visit the drawdowns tool.
Volatility
JMGIX vs. VIMAX - Volatility Comparison
The current volatility for JPMorgan Managed Income Fund (JMGIX) is 0.43%, while Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) has a volatility of 2.91%. This indicates that JMGIX experiences smaller price fluctuations and is considered to be less risky than VIMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.