JMUEX vs. IJR
JMUEX (JPMorgan U.S. Equity Fund) and IJR (iShares Core S&P Small-Cap ETF) are both funds - JMUEX is a Large Cap Blend Equities fund managed by JPMorgan, while IJR is a Small Cap Blend Equities fund tracking the S&P SmallCap 600 Index. Over the past 10 years, JMUEX returned 15.52%/yr vs 10.83%/yr for IJR. Their correlation of 0.83 means they have usually moved in the same direction. JMUEX charges 0.57%/yr vs 0.06%/yr for IJR.
Performance
JMUEX vs. IJR - Performance Comparison
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Returns By Period
In the year-to-date period, JMUEX achieves a 3.77% return, which is significantly lower than IJR's 23.60% return. Over the past 10 years, JMUEX has outperformed IJR with an annualized return of 15.52%, while IJR has yielded a comparatively lower 10.83% annualized 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%
IJR
- 1D
- 1.65%
- 1M
- 0.94%
- 6M
- 15.73%
- YTD
- 23.60%
- 1Y
- 38.11%
- 3Y*
- 14.47%
- 5Y*
- 8.07%
- 10Y*
- 10.83%
- ALL TIME*
- 10.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $497.97M | $462.30M | $544.01M | |
| $0.00 | $0.00 | $0.00 |
JMUEX vs. IJR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JMUEX JPMorgan U.S. Equity Fund | 3.77% | 14.60% | 31.22% | 27.28% | -18.84% | 28.55% | 26.51% | 32.26% | -5.90% | 21.52% |
IJR iShares Core S&P Small-Cap ETF | 23.60% | 5.89% | 8.63% | 16.06% | -16.20% | 26.58% | 11.28% | 22.82% | -8.51% | 13.15% |
Correlation
The correlation between JMUEX and IJR is 0.69, 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. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.72 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.77 |
Correlation (All Time) Calculated using the full available price history since May 26, 2000 | 0.83 |
The correlation between JMUEX and IJR shifts across timeframes, from 0.69 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JMUEX vs. IJR — Risk / Return Rank
JMUEX
IJR
JMUEX vs. IJR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Equity Fund (JMUEX) and iShares Core S&P Small-Cap ETF (IJR). 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 | IJR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.51 | ||
| Sortino ratioReturn per unit of downside risk | -2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.38 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 4.41 | -3.61 |
| Martin ratioReturn relative to average drawdown | 3.06 | 15.06 | -12.00 |
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Drawdowns
JMUEX vs. IJR - Drawdown Comparison
The maximum JMUEX drawdown since its inception was -52.11%, smaller than the maximum IJR drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for JMUEX and IJR.
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Drawdown Indicators
| JMUEX | IJR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -58.15% | +6.04% |
Max Drawdown (1Y)Largest decline over 1 year | -11.92% | -8.68% | -3.24% |
Max Drawdown (3Y)Largest decline over 3 years | -19.11% | -28.02% | +8.91% |
Max Drawdown (5Y)Largest decline over 5 years | -24.60% | -28.02% | +3.42% |
Max Drawdown (10Y)Largest decline over 10 years | -33.35% | -44.36% | +11.01% |
Current DrawdownCurrent decline from peak | -2.46% | -0.30% | -2.16% |
Average DrawdownAverage peak-to-trough decline | -8.75% | -9.23% | +0.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | 2.54% | +0.56% |
Volatility
JMUEX vs. IJR - Volatility Comparison
JPMorgan U.S. Equity Fund (JMUEX) and iShares Core S&P Small-Cap ETF (IJR) have volatilities of 3.78% and 3.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JMUEX | IJR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.78% | 3.73% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.73% | 11.70% | -0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.41% | 17.30% | -3.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.54% | 21.26% | -3.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.55% | 22.86% | -4.31% |
JMUEX vs. IJR - Expense Ratio Comparison
JMUEX has a 0.57% expense ratio, which is higher than IJR's 0.06% expense ratio.
Dividends
JMUEX vs. IJR - Dividend Comparison
JMUEX's dividend yield for the trailing twelve months is around 5.64%, more than IJR's 1.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJR iShares Core S&P Small-Cap ETF | 1.11% | 1.44% | 2.05% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.22% | 1.48% |
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
JMUEX and IJR have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JMUEX has higher volatility (3.78%) compared to IJR (3.73%). In terms of maximum drawdown, JMUEX dropped -52.11% vs IJR's -58.15%.
IJR currently has the higher Sharpe Ratio (2.22 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.
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