JMGIX vs. WFSPX
Compare and contrast key facts about JPMorgan Managed Income Fund (JMGIX) and iShares S&P 500 Index Fund (WFSPX).
JMGIX is managed by BlackRock. It was launched on Sep 30, 2010. WFSPX is a passively managed fund by BlackRock that tracks the performance of the S&P 500 Index. It was launched on Jul 30, 1993.
Performance
JMGIX vs. WFSPX - Performance Comparison
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JMGIX vs. WFSPX - 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% |
WFSPX iShares S&P 500 Index Fund | -4.63% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Returns By Period
In the year-to-date period, JMGIX achieves a 0.35% return, which is significantly higher than WFSPX's -4.63% return. Over the past 10 years, JMGIX has underperformed WFSPX with an annualized return of 2.37%, while WFSPX has yielded a comparatively higher 13.92% 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%
WFSPX
- 1D
- 2.62%
- 1M
- -5.31%
- YTD
- -4.63%
- 6M
- -2.47%
- 1Y
- 16.96%
- 3Y*
- 18.15%
- 5Y*
- 11.69%
- 10Y*
- 13.92%
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JMGIX vs. WFSPX - Expense Ratio Comparison
JMGIX has a 0.25% expense ratio, which is higher than WFSPX's 0.03% 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. WFSPX — Risk / Return Rank
JMGIX
WFSPX
JMGIX vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Managed Income Fund (JMGIX) and iShares S&P 500 Index Fund (WFSPX). 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 | WFSPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.85 | 0.96 | +1.89 |
Sortino ratioReturn per unit of downside risk | 7.27 | 1.47 | +5.80 |
Omega ratioGain probability vs. loss probability | 2.35 | 1.22 | +1.12 |
Calmar ratioReturn relative to maximum drawdown | 10.96 | 1.49 | +9.47 |
Martin ratioReturn relative to average drawdown | 41.04 | 7.15 | +33.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JMGIX | WFSPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.85 | 0.96 | +1.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.53 | 0.70 | +1.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 2.28 | 0.78 | +1.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.97 | 0.13 | +1.84 |
Correlation
The correlation between JMGIX and WFSPX 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. WFSPX - Dividend Comparison
JMGIX's dividend yield for the trailing twelve months is around 3.88%, more than WFSPX's 1.54% 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% |
WFSPX iShares S&P 500 Index Fund | 1.54% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Drawdowns
JMGIX vs. WFSPX - Drawdown Comparison
The maximum JMGIX drawdown since its inception was -2.18%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for JMGIX and WFSPX.
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Drawdown Indicators
| JMGIX | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.18% | -58.21% | +56.03% |
Max Drawdown (1Y)Largest decline over 1 year | -0.40% | -12.11% | +11.71% |
Max Drawdown (5Y)Largest decline over 5 years | -0.70% | -24.51% | +23.81% |
Max Drawdown (10Y)Largest decline over 10 years | -2.18% | -33.74% | +31.56% |
Current DrawdownCurrent decline from peak | -0.30% | -6.51% | +6.21% |
Average DrawdownAverage peak-to-trough decline | -0.08% | -12.84% | +12.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.11% | 2.53% | -2.42% |
Volatility
JMGIX vs. WFSPX - Volatility Comparison
The current volatility for JPMorgan Managed Income Fund (JMGIX) is 0.32%, while iShares S&P 500 Index Fund (WFSPX) has a volatility of 5.17%. This indicates that JMGIX experiences smaller price fluctuations and is considered to be less risky than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JMGIX | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.32% | 5.17% | -4.85% |
Volatility (6M)Calculated over the trailing 6-month period | 0.92% | 9.44% | -8.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.44% | 18.21% | -16.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.26% | 16.88% | -15.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.04% | 18.00% | -16.96% |