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:
1.47
SPY:
2.21
JMUEX:
1.91
SPY:
2.93
JMUEX:
1.29
SPY:
1.41
JMUEX:
1.82
SPY:
3.26
JMUEX:
8.93
SPY:
14.40
JMUEX:
2.37%
SPY:
1.90%
JMUEX:
14.46%
SPY:
12.44%
JMUEX:
-66.17%
SPY:
-55.19%
JMUEX:
-7.29%
SPY:
-1.83%
Returns By Period
In the year-to-date period, JMUEX achieves a 20.57% return, which is significantly lower than SPY's 26.72% return. Over the past 10 years, JMUEX has underperformed SPY with an annualized return of 6.72%, while SPY has yielded a comparatively higher 13.04% annualized return.
JMUEX
20.57%
-5.47%
3.88%
21.19%
10.54%
6.72%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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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 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 0.47%, 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 | 0.47% | 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 7.35% compared to SPDR S&P 500 ETF (SPY) at 3.81%. 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.