JOBEX vs. OIEJX
Compare and contrast key facts about JPMorgan SmartRetirement Blend 2040 Fund (JOBEX) and JPMorgan Equity Income Fund R6 (OIEJX).
JOBEX is managed by JPMorgan. It was launched on Jul 1, 2012. OIEJX is managed by JPMorgan. It was launched on Jul 2, 1987.
Performance
JOBEX vs. OIEJX - Performance Comparison
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JOBEX vs. OIEJX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JOBEX JPMorgan SmartRetirement Blend 2040 Fund | -1.03% | 18.44% | 10.22% | 21.08% | -17.39% | 15.31% | 12.76% | 24.05% | -8.23% | 19.96% |
OIEJX JPMorgan Equity Income Fund R6 | 1.64% | 14.95% | 19.97% | 5.05% | -1.63% | 25.41% | 3.87% | 26.61% | -4.23% | 17.85% |
Returns By Period
In the year-to-date period, JOBEX achieves a -1.03% return, which is significantly lower than OIEJX's 1.64% return. Over the past 10 years, JOBEX has underperformed OIEJX with an annualized return of 9.46%, while OIEJX has yielded a comparatively higher 11.66% annualized return.
JOBEX
- 1D
- 2.35%
- 1M
- -4.83%
- YTD
- -1.03%
- 6M
- 1.29%
- 1Y
- 17.04%
- 3Y*
- 13.79%
- 5Y*
- 7.10%
- 10Y*
- 9.46%
OIEJX
- 1D
- 1.91%
- 1M
- -4.62%
- YTD
- 1.64%
- 6M
- 4.35%
- 1Y
- 13.78%
- 3Y*
- 14.62%
- 5Y*
- 10.50%
- 10Y*
- 11.66%
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JOBEX vs. OIEJX - Expense Ratio Comparison
JOBEX has a 0.30% expense ratio, which is lower than OIEJX's 0.45% expense ratio.
Return for Risk
JOBEX vs. OIEJX — Risk / Return Rank
JOBEX
OIEJX
JOBEX vs. OIEJX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan SmartRetirement Blend 2040 Fund (JOBEX) and JPMorgan Equity Income Fund R6 (OIEJX). 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.
| JOBEX | OIEJX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.26 | 0.90 | +0.36 |
Sortino ratioReturn per unit of downside risk | 1.84 | 1.31 | +0.53 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.20 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.76 | 1.33 | +0.43 |
Martin ratioReturn relative to average drawdown | 8.16 | 5.68 | +2.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JOBEX | OIEJX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 0.90 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.74 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.70 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.76 | -0.10 |
Correlation
The correlation between JOBEX and OIEJX is 0.87, 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.
Dividends
JOBEX vs. OIEJX - Dividend Comparison
JOBEX's dividend yield for the trailing twelve months is around 2.52%, less than OIEJX's 10.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JOBEX JPMorgan SmartRetirement Blend 2040 Fund | 2.52% | 2.50% | 2.28% | 2.13% | 1.79% | 5.22% | 1.25% | 2.89% | 6.52% | 1.91% | 2.03% | 2.06% |
OIEJX JPMorgan Equity Income Fund R6 | 10.94% | 11.06% | 14.67% | 3.01% | 3.93% | 3.57% | 2.04% | 3.01% | 5.37% | 2.70% | 2.71% | 3.03% |
Drawdowns
JOBEX vs. OIEJX - Drawdown Comparison
The maximum JOBEX drawdown since its inception was -30.84%, smaller than the maximum OIEJX drawdown of -36.88%. Use the drawdown chart below to compare losses from any high point for JOBEX and OIEJX.
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Drawdown Indicators
| JOBEX | OIEJX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.84% | -36.88% | +6.04% |
Max Drawdown (1Y)Largest decline over 1 year | -9.91% | -11.34% | +1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -24.69% | -14.74% | -9.95% |
Max Drawdown (10Y)Largest decline over 10 years | -30.84% | -36.88% | +6.04% |
Current DrawdownCurrent decline from peak | -5.76% | -5.30% | -0.46% |
Average DrawdownAverage peak-to-trough decline | -4.21% | -3.03% | -1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 2.65% | -0.51% |
Volatility
JOBEX vs. OIEJX - Volatility Comparison
JPMorgan SmartRetirement Blend 2040 Fund (JOBEX) has a higher volatility of 5.10% compared to JPMorgan Equity Income Fund R6 (OIEJX) at 4.07%. This indicates that JOBEX's price experiences larger fluctuations and is considered to be riskier than OIEJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JOBEX | OIEJX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.10% | 4.07% | +1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 7.95% | 7.87% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.89% | 15.26% | -1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.29% | 14.30% | -1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.27% | 16.77% | -2.50% |