JMUEX vs. FTZIX

Last updated Aug 4, 2026

JMUEX (JPMorgan U.S. Equity Fund) and FTZIX (Fuller & Thaler Behavioral Unconstrained Equity Fund) are both Large Cap Blend Equities funds. Over the past 5 years, JMUEX returned 12.02%/yr vs 14.36%/yr for FTZIX. Their correlation of 0.85 means they have usually moved in the same direction. JMUEX charges 0.57%/yr vs 1.12%/yr for FTZIX.

Performance

JMUEX vs. FTZIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Equity Fund (JMUEX) and Fuller & Thaler Behavioral Unconstrained Equity Fund (FTZIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JMUEX achieves a 3.77% return, which is significantly lower than FTZIX's 23.90% return.

JMUEX

• 1D: 0.72%
• 1M: -0.68%
• 6M: 3.04%
• YTD: 3.77%
• 1Y: 11.45%
• 3Y*: 18.05%
• 5Y*: 12.02%
• 10Y*: 15.52%
• ALL TIME*: 10.89%

FTZIX

• 1D: -0.30%
• 1M: 0.31%
• 6M: 16.31%
• YTD: 23.90%
• 1Y: 42.80%
• 3Y*: 26.15%
• 5Y*: 14.36%
• 10Y*: —
• ALL TIME*: 19.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTZIX Fuller & Thaler Behavioral Unconstrained Equity Fund	$0.00	$0.00	$0.00
JMUEX JPMorgan U.S. Equity Fund	$0.00	$0.00	$0.00

JMUEX vs. FTZIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JMUEX JPMorgan U.S. Equity Fund	3.77%	14.60%	31.22%	27.28%	-18.84%	28.55%	26.51%	32.26%	0.90%
FTZIX Fuller & Thaler Behavioral Unconstrained Equity Fund	23.90%	22.63%	25.31%	27.18%	-21.31%	25.25%	19.60%	33.70%	0.00%

Correlation

The correlation between JMUEX and FTZIX is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (3Y) Balances recent behavior with more history.	0.77
Correlation (5Y) Shows whether the relationship held over a longer period.	0.84
Correlation (All Time) Calculated using the full available price history since Dec 31, 2018	0.85

The correlation between JMUEX and FTZIX shifts across timeframes, from 0.68 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JMUEX vs. FTZIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JMUEX

JMUEX Risk / Return Rank: 17
JMUEX Sharpe Ratio Rank: 17
JMUEX Sortino Ratio Rank: 17
JMUEX Omega Ratio Rank: 17
JMUEX Calmar Ratio Rank: 15
JMUEX Martin Ratio Rank: 20

FTZIX

FTZIX Risk / Return Rank: 92
FTZIX Sharpe Ratio Rank: 93
FTZIX Sortino Ratio Rank: 91
FTZIX Omega Ratio Rank: 83
FTZIX Calmar Ratio Rank: 96
FTZIX Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JMUEX vs. FTZIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Equity Fund (JMUEX) and Fuller & Thaler Behavioral Unconstrained Equity Fund (FTZIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JMUEX	FTZIX	Difference
Sharpe ratio: Return per unit of total volatility	0.71	2.45	-1.74
Sortino ratio: Return per unit of downside risk	1.06	3.47	-2.41
Omega ratio: Gain probability vs. loss probability	1.13	1.40	-0.27
Calmar ratio: Return relative to maximum drawdown	0.80	4.67	-3.87
Martin ratio: Return relative to average drawdown	3.06	17.13	-14.07

JMUEX vs. FTZIX - Sharpe Ratio Comparison

The current JMUEX Sharpe Ratio is 0.71, which is lower than the FTZIX Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of JMUEX and FTZIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JMUEX vs. FTZIX - Drawdown Comparison

The maximum JMUEX drawdown since its inception was -52.11%, which is greater than FTZIX's maximum drawdown of -37.22%. Use the drawdown chart below to compare losses from any high point for JMUEX and FTZIX.

Drawdown Indicators

	JMUEX	FTZIX	Difference
Max Drawdown Largest peak-to-trough decline	-52.11%	-37.22%	-14.89%
Max Drawdown (1Y) Largest decline over 1 year	-11.92%	-9.03%	-2.89%
Max Drawdown (3Y) Largest decline over 3 years	-19.11%	-18.65%	-0.46%
Max Drawdown (5Y) Largest decline over 5 years	-24.60%	-29.53%	+4.93%
Max Drawdown (10Y) Largest decline over 10 years	-33.35%	—	—
Current Drawdown Current decline from peak	-2.46%	-1.62%	-0.84%
Average Drawdown Average peak-to-trough decline	-8.75%	-6.40%	-2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	2.46%	+0.64%

Volatility

JMUEX vs. FTZIX - Volatility Comparison

The current volatility for JPMorgan U.S. Equity Fund (JMUEX) is 3.78%, while Fuller & Thaler Behavioral Unconstrained Equity Fund (FTZIX) has a volatility of 4.71%. This indicates that JMUEX experiences smaller price fluctuations and is considered to be less risky than FTZIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JMUEX	FTZIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	4.71%	-0.93%
Volatility (6M) Calculated over the trailing 6-month period	10.73%	13.63%	-2.90%
Volatility (1Y) Calculated over the trailing 1-year period	13.41%	17.23%	-3.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.54%	19.58%	-2.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.55%	22.26%	-3.71%

JMUEX vs. FTZIX - Expense Ratio Comparison

JMUEX has a 0.57% expense ratio, which is lower than FTZIX's 1.12% expense ratio.

Dividends

JMUEX vs. FTZIX - Dividend Comparison

JMUEX's dividend yield for the trailing twelve months is around 5.64%, more than FTZIX's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTZIX Fuller & Thaler Behavioral Unconstrained Equity Fund	0.04%	0.05%	0.11%	0.19%	0.00%	0.00%	0.26%	0.76%	0.00%	0.00%	0.00%	0.00%
JMUEX JPMorgan U.S. Equity Fund	5.64%	5.85%	12.03%	2.06%	5.11%	10.74%	6.63%	10.06%	14.56%	8.71%	4.77%	6.17%

Frequently Asked Questions

Can I hold both JMUEX and FTZIX in my portfolio?

JMUEX and FTZIX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JMUEX or FTZIX?

FTZIX has higher volatility (4.71%) compared to JMUEX (3.78%). In terms of maximum drawdown, JMUEX dropped -52.11% vs FTZIX's -37.22%.

Which has better risk-adjusted returns?

FTZIX currently has the higher Sharpe Ratio (2.45 vs 0.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.