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.
Performance
JMUEX vs. SPY - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with JMUEX having a 26.42% return and SPY slightly lower at 25.36%. Over the past 10 years, JMUEX has underperformed SPY with an annualized return of 6.52%, while SPY has yielded a comparatively higher 13.07% annualized return.
JMUEX
26.42%
0.60%
12.09%
31.78%
10.75%
6.52%
SPY
25.36%
0.98%
11.79%
31.70%
15.55%
13.07%
Key characteristics
| JMUEX | SPY | |
|---|---|---|
| Sharpe Ratio | 2.55 | 2.69 |
| Sortino Ratio | 3.47 | 3.59 |
| Omega Ratio | 1.49 | 1.50 |
| Calmar Ratio | 2.33 | 3.89 |
| Martin Ratio | 17.73 | 17.53 |
| Ulcer Index | 1.84% | 1.87% |
| Daily Std Dev | 12.77% | 12.15% |
| Max Drawdown | -66.17% | -55.19% |
| Current Drawdown | -1.97% | -1.41% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JMUEX vs. SPY - Expense Ratio Comparison
JMUEX has a 0.57% expense ratio, which is higher than SPY's 0.09% expense ratio.
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.
Risk-Adjusted Performance
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 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMUEX JPMorgan U.S. Equity Fund | 0.66% | 0.96% | 1.16% | 0.68% | 0.83% | 0.99% | 1.29% | 0.99% | 1.11% | 1.12% | 1.26% | 1.03% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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 4.66% compared to SPDR S&P 500 ETF (SPY) at 4.09%. 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.