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:
-0.04
SPY:
0.34
JMUEX:
0.08
SPY:
0.62
JMUEX:
1.01
SPY:
1.09
JMUEX:
-0.04
SPY:
0.35
JMUEX:
-0.13
SPY:
1.64
JMUEX:
6.75%
SPY:
4.00%
JMUEX:
20.45%
SPY:
19.55%
JMUEX:
-66.17%
SPY:
-55.19%
JMUEX:
-17.52%
SPY:
-12.02%
Returns By Period
In the year-to-date period, JMUEX achieves a -8.86% return, which is significantly lower than SPY's -7.99% return. Over the past 10 years, JMUEX has underperformed SPY with an annualized return of 5.39%, while SPY has yielded a comparatively higher 11.91% annualized return.
JMUEX
-8.86%
-4.45%
-13.74%
0.25%
10.07%
5.39%
SPY
-7.99%
-4.19%
-6.68%
7.93%
15.74%
11.91%
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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 0.71%, less than SPY's 1.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMUEX JPMorgan U.S. Equity Fund | 0.71% | 0.67% | 0.96% | 1.16% | 0.68% | 0.83% | 0.99% | 1.29% | 0.99% | 1.11% | 1.12% | 1.26% |
SPY SPDR S&P 500 ETF | 1.33% | 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
The current volatility for JPMorgan U.S. Equity Fund (JMUEX) is 13.62%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.47%. This indicates that JMUEX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.