JMUEX vs. SPY
Compare and contrast key facts about JPMorgan U.S. Equity Fund (JMUEX) and SPDR S&P 500 ETF (SPY).
JMUEX is managed by JPMorgan Chase. It was launched on Sep 17, 1993. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JMUEX or SPY.
Correlation
The correlation between JMUEX and SPY is 0.95, 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
JMUEX vs. SPY - Performance Comparison
Key characteristics
JMUEX:
1.15
SPY:
1.95
JMUEX:
1.53
SPY:
2.60
JMUEX:
1.23
SPY:
1.36
JMUEX:
1.67
SPY:
2.98
JMUEX:
5.09
SPY:
12.42
JMUEX:
3.39%
SPY:
2.02%
JMUEX:
15.06%
SPY:
12.88%
JMUEX:
-66.17%
SPY:
-55.19%
JMUEX:
-7.72%
SPY:
-1.30%
Returns By Period
In the year-to-date period, JMUEX achieves a 1.97% return, which is significantly lower than SPY's 2.68% return. Over the past 10 years, JMUEX has underperformed SPY with an annualized return of 7.10%, while SPY has yielded a comparatively higher 13.67% annualized return.
JMUEX
1.97%
1.56%
1.93%
16.45%
10.30%
7.10%
SPY
2.68%
2.31%
9.96%
24.17%
15.14%
13.67%
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JMUEX vs. SPY - Expense Ratio Comparison
JMUEX has a 0.57% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
JMUEX vs. SPY — Risk-Adjusted Performance Rank
JMUEX
SPY
JMUEX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Equity Fund (JMUEX) and SPDR S&P 500 ETF (SPY). 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
JMUEX vs. SPY - Dividend Comparison
JMUEX's dividend yield for the trailing twelve months is around 0.66%, less than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMUEX JPMorgan U.S. Equity Fund | 0.66% | 0.67% | 0.96% | 1.16% | 0.68% | 0.83% | 0.99% | 1.29% | 0.99% | 1.11% | 1.12% | 1.74% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
JMUEX vs. SPY - Drawdown Comparison
The maximum JMUEX drawdown since its inception was -66.17%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JMUEX and SPY. For additional features, visit the drawdowns tool.
Volatility
JMUEX vs. SPY - Volatility Comparison
JPMorgan U.S. Equity Fund (JMUEX) has a higher volatility of 4.97% compared to SPDR S&P 500 ETF (SPY) at 4.23%. This indicates that JMUEX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.