JMIEX vs. AVEM
Compare and contrast key facts about JPMorgan Emerging Markets Equity Fund (JMIEX) and Avantis Emerging Markets Equity ETF (AVEM).
JMIEX is managed by JPMorgan Chase. It was launched on Nov 14, 1993. AVEM is a passively managed fund by American Century Investments that tracks the performance of the MSCI Emerging Markets Index. It was launched on Sep 17, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JMIEX or AVEM.
Correlation
The correlation between JMIEX and AVEM is 0.91, 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.
Performance
JMIEX vs. AVEM - Performance Comparison
Key characteristics
JMIEX:
0.74
AVEM:
0.76
JMIEX:
1.11
AVEM:
1.13
JMIEX:
1.14
AVEM:
1.14
JMIEX:
0.27
AVEM:
0.91
JMIEX:
2.58
AVEM:
2.38
JMIEX:
4.23%
AVEM:
4.95%
JMIEX:
14.70%
AVEM:
15.48%
JMIEX:
-62.02%
AVEM:
-36.05%
JMIEX:
-32.49%
AVEM:
-4.89%
Returns By Period
In the year-to-date period, JMIEX achieves a 6.99% return, which is significantly higher than AVEM's 4.75% return.
JMIEX
6.99%
3.31%
3.78%
9.32%
0.82%
3.94%
AVEM
4.75%
3.64%
1.35%
10.31%
5.91%
N/A
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JMIEX vs. AVEM - Expense Ratio Comparison
JMIEX has a 0.90% expense ratio, which is higher than AVEM's 0.33% expense ratio.
Risk-Adjusted Performance
JMIEX vs. AVEM — Risk-Adjusted Performance Rank
JMIEX
AVEM
JMIEX vs. AVEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Emerging Markets Equity Fund (JMIEX) and Avantis Emerging Markets Equity ETF (AVEM). 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
JMIEX vs. AVEM - Dividend Comparison
JMIEX's dividend yield for the trailing twelve months is around 1.41%, less than AVEM's 3.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMIEX JPMorgan Emerging Markets Equity Fund | 1.41% | 1.51% | 1.56% | 0.54% | 0.58% | 0.14% | 0.81% | 0.95% | 0.44% | 0.81% | 0.98% | 1.06% |
AVEM Avantis Emerging Markets Equity ETF | 3.03% | 3.17% | 3.06% | 2.77% | 2.61% | 1.60% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JMIEX vs. AVEM - Drawdown Comparison
The maximum JMIEX drawdown since its inception was -62.02%, which is greater than AVEM's maximum drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for JMIEX and AVEM. For additional features, visit the drawdowns tool.
Volatility
JMIEX vs. AVEM - Volatility Comparison
JPMorgan Emerging Markets Equity Fund (JMIEX) has a higher volatility of 5.01% compared to Avantis Emerging Markets Equity ETF (AVEM) at 3.88%. This indicates that JMIEX's price experiences larger fluctuations and is considered to be riskier than AVEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.