JMVYX vs. HAMVX

Last updated Jun 4, 2026

JMVYX (JPMorgan Mid Cap Value Fund Class R6) and HAMVX (Harbor Mid Cap Value Fund) are both Mid Cap Value Equities funds. Over the past 5 years, JMVYX returned 9.11%/yr vs 10.71%/yr for HAMVX. Their correlation of 0.95 suggests significant overlap in exposure. JMVYX charges 0.60%/yr vs 0.85%/yr for HAMVX.

Performance

JMVYX vs. HAMVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Mid Cap Value Fund Class R6 (JMVYX) and Harbor Mid Cap Value Fund (HAMVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JMVYX achieves a 7.40% return, which is significantly lower than HAMVX's 16.65% return.

JMVYX

• 1D: 0.59%
• 1M: 0.79%
• YTD: 7.40%
• 6M: 7.76%
• 1Y: 14.19%
• 3Y*: 17.69%
• 5Y*: 9.11%
• 10Y*: —

HAMVX

• 1D: 0.47%
• 1M: 3.32%
• YTD: 16.65%
• 6M: 17.88%
• 1Y: 35.32%
• 3Y*: 20.77%
• 5Y*: 10.71%
• 10Y*: 10.55%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JMVYX vs. HAMVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JMVYX JPMorgan Mid Cap Value Fund Class R6	7.40%	5.28%	27.89%	11.46%	-8.00%	29.92%	0.38%	26.72%	-11.66%	13.09%
HAMVX Harbor Mid Cap Value Fund	16.65%	16.00%	12.10%	16.42%	-5.63%	29.93%	-3.77%	22.93%	-17.82%	10.94%

Correlation

The correlation between JMVYX and HAMVX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.95

The correlation between JMVYX and HAMVX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

JMVYX vs. HAMVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JMVYX

JMVYX Risk / Return Rank: 25
JMVYX Sharpe Ratio Rank: 19
JMVYX Sortino Ratio Rank: 21
JMVYX Omega Ratio Rank: 18
JMVYX Calmar Ratio Rank: 32
JMVYX Martin Ratio Rank: 31

HAMVX

HAMVX Risk / Return Rank: 86
HAMVX Sharpe Ratio Rank: 85
HAMVX Sortino Ratio Rank: 84
HAMVX Omega Ratio Rank: 74
HAMVX Calmar Ratio Rank: 94
HAMVX Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JMVYX vs. HAMVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mid Cap Value Fund Class R6 (JMVYX) and Harbor Mid Cap Value Fund (HAMVX). 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.

	JMVYX	HAMVX	Difference
Sharpe ratio Return per unit of total volatility	1.27	2.75	-1.48
Sortino ratio Return per unit of downside risk	1.95	3.97	-2.02
Omega ratio Gain probability vs. loss probability	1.22	1.48	-0.26
Calmar ratio Return relative to maximum drawdown	2.12	5.41	-3.29
Martin ratio Return relative to average drawdown	7.17	19.16	-11.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JMVYX vs. HAMVX - Sharpe Ratio Comparison

The current JMVYX Sharpe Ratio is 1.27, which is lower than the HAMVX Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of JMVYX and HAMVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JMVYX	HAMVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	2.75	-1.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.57	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.40	+0.08

Drawdowns

JMVYX vs. HAMVX - Drawdown Comparison

The maximum JMVYX drawdown since its inception was -43.08%, smaller than the maximum HAMVX drawdown of -64.17%. Use the drawdown chart below to compare losses from any high point for JMVYX and HAMVX.

Drawdown Indicators

	JMVYX	HAMVX	Difference
Max Drawdown Largest peak-to-trough decline	-43.08%	-64.17%	+21.09%
Max Drawdown (1Y) Largest decline over 1 year	-7.17%	-6.84%	-0.33%
Max Drawdown (3Y) Largest decline over 3 years	-15.89%	-21.04%	+5.15%
Max Drawdown (5Y) Largest decline over 5 years	-25.53%	-21.04%	-4.49%
Max Drawdown (10Y) Largest decline over 10 years	—	-51.44%	—
Current Drawdown Current decline from peak	-0.67%	0.00%	-0.67%
Average Drawdown Average peak-to-trough decline	-7.01%	-9.98%	+2.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.12%	1.93%	+0.19%

Volatility

JMVYX vs. HAMVX - Volatility Comparison

The current volatility for JPMorgan Mid Cap Value Fund Class R6 (JMVYX) is 2.72%, while Harbor Mid Cap Value Fund (HAMVX) has a volatility of 3.24%. This indicates that JMVYX experiences smaller price fluctuations and is considered to be less risky than HAMVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JMVYX	HAMVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.72%	3.24%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	8.48%	9.24%	-0.76%
Volatility (1Y) Calculated over the trailing 1-year period	11.98%	13.45%	-1.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.35%	18.83%	+0.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.84%	21.90%	-1.06%

JMVYX vs. HAMVX - Expense Ratio Comparison

JMVYX has a 0.60% expense ratio, which is lower than HAMVX's 0.85% expense ratio.

Dividends

JMVYX vs. HAMVX - Dividend Comparison

JMVYX's dividend yield for the trailing twelve months is around 19.84%, more than HAMVX's 7.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HAMVX Harbor Mid Cap Value Fund	7.43%	8.67%	5.77%	7.20%	8.24%	1.27%	2.35%	3.10%	8.41%	3.84%	3.06%	3.30%
JMVYX JPMorgan Mid Cap Value Fund Class R6	19.84%	21.31%	23.38%	6.20%	11.85%	15.03%	7.75%	5.23%	8.31%	2.71%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JMVYX and HAMVX in my portfolio?

With a correlation of 0.92, JMVYX and HAMVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JMVYX or HAMVX?

HAMVX has higher volatility (3.24%) compared to JMVYX (2.72%). In terms of maximum drawdown, JMVYX dropped -43.08% vs HAMVX's -64.17%.

Which has better risk-adjusted returns?

HAMVX currently has the higher Sharpe Ratio (2.75 vs 1.27), 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.