JMGIX vs. VTCLX
Compare and contrast key facts about JPMorgan Managed Income Fund (JMGIX) and Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX).
JMGIX is managed by BlackRock. It was launched on Sep 30, 2010. VTCLX is managed by BlackRock. It was launched on Sep 6, 1994.
Performance
JMGIX vs. VTCLX - Performance Comparison
Loading graphics...
JMGIX vs. VTCLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JMGIX JPMorgan Managed Income Fund | 0.35% | 4.87% | 5.36% | 4.18% | 1.13% | 0.05% | 1.32% | 3.02% | 2.07% | 1.30% |
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares | -4.05% | 17.44% | 23.76% | 26.62% | -19.07% | 26.87% | 21.08% | 31.47% | -4.98% | 22.40% |
Returns By Period
In the year-to-date period, JMGIX achieves a 0.35% return, which is significantly higher than VTCLX's -4.05% return. Over the past 10 years, JMGIX has underperformed VTCLX with an annualized return of 2.37%, while VTCLX has yielded a comparatively higher 13.99% annualized return.
JMGIX
- 1D
- 0.00%
- 1M
- -0.20%
- YTD
- 0.35%
- 6M
- 1.40%
- 1Y
- 3.95%
- 3Y*
- 4.60%
- 5Y*
- 3.16%
- 10Y*
- 2.37%
VTCLX
- 1D
- 2.93%
- 1M
- -5.03%
- YTD
- -4.05%
- 6M
- -1.91%
- 1Y
- 17.51%
- 3Y*
- 17.97%
- 5Y*
- 11.05%
- 10Y*
- 13.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JMGIX vs. VTCLX - Expense Ratio Comparison
JMGIX has a 0.25% expense ratio, which is higher than VTCLX's 0.09% 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%.
Return for Risk
JMGIX vs. VTCLX — Risk / Return Rank
JMGIX
VTCLX
JMGIX vs. VTCLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Managed Income Fund (JMGIX) and Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX). 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.
| JMGIX | VTCLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.85 | 0.98 | +1.87 |
Sortino ratioReturn per unit of downside risk | 7.27 | 1.50 | +5.77 |
Omega ratioGain probability vs. loss probability | 2.35 | 1.23 | +1.12 |
Calmar ratioReturn relative to maximum drawdown | 10.96 | 1.52 | +9.44 |
Martin ratioReturn relative to average drawdown | 41.04 | 7.35 | +33.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| JMGIX | VTCLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.85 | 0.98 | +1.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.53 | 0.64 | +1.88 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 2.28 | 0.77 | +1.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.97 | 0.50 | +1.47 |
Correlation
The correlation between JMGIX and VTCLX is 0.01, 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.
Dividends
JMGIX vs. VTCLX - Dividend Comparison
JMGIX's dividend yield for the trailing twelve months is around 3.88%, more than VTCLX's 0.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMGIX JPMorgan Managed Income Fund | 3.88% | 4.34% | 5.11% | 3.77% | 1.32% | 0.45% | 1.31% | 2.58% | 2.15% | 1.39% | 0.11% | 0.01% |
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares | 0.98% | 0.93% | 1.04% | 1.24% | 1.47% | 1.04% | 1.32% | 1.52% | 1.83% | 1.57% | 1.76% | 1.69% |
Drawdowns
JMGIX vs. VTCLX - Drawdown Comparison
The maximum JMGIX drawdown since its inception was -2.18%, smaller than the maximum VTCLX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for JMGIX and VTCLX.
Loading graphics...
Drawdown Indicators
| JMGIX | VTCLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.18% | -55.18% | +53.00% |
Max Drawdown (1Y)Largest decline over 1 year | -0.40% | -12.20% | +11.80% |
Max Drawdown (5Y)Largest decline over 5 years | -0.70% | -24.98% | +24.28% |
Max Drawdown (10Y)Largest decline over 10 years | -2.18% | -34.56% | +32.38% |
Current DrawdownCurrent decline from peak | -0.30% | -6.12% | +5.82% |
Average DrawdownAverage peak-to-trough decline | -0.08% | -7.61% | +7.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.11% | 2.53% | -2.42% |
Volatility
JMGIX vs. VTCLX - Volatility Comparison
The current volatility for JPMorgan Managed Income Fund (JMGIX) is 0.32%, while Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX) has a volatility of 5.42%. This indicates that JMGIX experiences smaller price fluctuations and is considered to be less risky than VTCLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| JMGIX | VTCLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.32% | 5.42% | -5.10% |
Volatility (6M)Calculated over the trailing 6-month period | 0.92% | 9.68% | -8.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.44% | 18.43% | -16.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.26% | 17.23% | -15.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.04% | 18.26% | -17.22% |