JOPPX vs. JEQIX

Last updated Apr 2, 2026

Compare and contrast key facts about Johnson Opportunity Fund (JOPPX) and Johnson Equity Income Fund (JEQIX).

JOPPX is managed by Johnson Mutual Funds. It was launched on May 16, 1994. JEQIX is managed by Johnson Mutual Funds. It was launched on Dec 30, 2005.

Performance

JOPPX vs. JEQIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Johnson Opportunity Fund (JOPPX) and Johnson Equity Income Fund (JEQIX). The values are adjusted to include any dividend payments, if applicable.

JOPPX vs. JEQIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JOPPX Johnson Opportunity Fund	-0.45%	4.13%	3.97%	17.12%	-12.39%	30.51%	7.85%	28.63%	-14.16%	16.95%
JEQIX Johnson Equity Income Fund	-2.61%	11.76%	4.39%	13.42%	-9.65%	25.94%	12.25%	34.04%	-2.69%	25.04%

Returns By Period

In the year-to-date period, JOPPX achieves a -0.45% return, which is significantly higher than JEQIX's -2.61% return. Over the past 10 years, JOPPX has underperformed JEQIX with an annualized return of 8.63%, while JEQIX has yielded a comparatively higher 11.18% annualized return.

JOPPX

• 1D: 2.23%
• 1M: -6.35%
• YTD: -0.45%
• 6M: 1.00%
• 1Y: 8.06%
• 3Y*: 7.03%
• 5Y*: 4.99%
• 10Y*: 8.63%

JEQIX

• 1D: 1.80%
• 1M: -6.36%
• YTD: -2.61%
• 6M: -0.59%
• 1Y: 7.48%
• 3Y*: 8.12%
• 5Y*: 6.44%
• 10Y*: 11.18%

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

JOPPX vs. JEQIX - Expense Ratio Comparison

Both JOPPX and JEQIX have an expense ratio of 1.00%.

JOPPX

Johnson Opportunity Fund

JEQIX

Johnson Equity Income Fund

Return for Risk

JOPPX vs. JEQIX — Risk / Return Rank

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

JOPPX

JOPPX Risk / Return Rank: 16
JOPPX Sharpe Ratio Rank: 14
JOPPX Sortino Ratio Rank: 15
JOPPX Omega Ratio Rank: 13
JOPPX Calmar Ratio Rank: 19
JOPPX Martin Ratio Rank: 20

JEQIX

JEQIX Risk / Return Rank: 19
JEQIX Sharpe Ratio Rank: 16
JEQIX Sortino Ratio Rank: 16
JEQIX Omega Ratio Rank: 16
JEQIX Calmar Ratio Rank: 22
JEQIX Martin Ratio Rank: 27

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.

JOPPX vs. JEQIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Johnson Opportunity Fund (JOPPX) and Johnson Equity Income Fund (JEQIX). 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.

	JOPPX	JEQIX	Difference
Sharpe ratio Return per unit of total volatility	0.47	0.54	-0.06
Sortino ratio Return per unit of downside risk	0.83	0.85	-0.02
Omega ratio Gain probability vs. loss probability	1.10	1.12	-0.02
Calmar ratio Return relative to maximum drawdown	0.74	0.81	-0.07
Martin ratio Return relative to average drawdown	2.66	3.46	-0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JOPPX vs. JEQIX - Sharpe Ratio Comparison

The current JOPPX Sharpe Ratio is 0.47, which is comparable to the JEQIX Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of JOPPX and JEQIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JOPPX	JEQIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	0.54	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.45	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.67	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.41	-0.14

Correlation

The correlation between JOPPX and JEQIX is 0.86, 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

JOPPX vs. JEQIX - Dividend Comparison

JOPPX's dividend yield for the trailing twelve months is around 4.92%, more than JEQIX's 4.29% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JOPPX Johnson Opportunity Fund	4.92%	4.90%	0.00%	3.67%	4.36%	13.04%	0.57%	4.36%	6.75%	10.55%	2.03%	9.61%
JEQIX Johnson Equity Income Fund	4.29%	4.18%	0.00%	2.66%	6.43%	8.36%	2.03%	5.74%	8.67%	7.82%	3.11%	7.64%

Drawdowns

JOPPX vs. JEQIX - Drawdown Comparison

The maximum JOPPX drawdown since its inception was -71.27%, which is greater than JEQIX's maximum drawdown of -51.66%. Use the drawdown chart below to compare losses from any high point for JOPPX and JEQIX.

Drawdown Indicators

	JOPPX	JEQIX	Difference
Max Drawdown Largest peak-to-trough decline	-71.27%	-51.66%	-19.61%
Max Drawdown (1Y) Largest decline over 1 year	-12.14%	-10.60%	-1.54%
Max Drawdown (5Y) Largest decline over 5 years	-25.88%	-19.09%	-6.79%
Max Drawdown (10Y) Largest decline over 10 years	-38.28%	-35.64%	-2.64%
Current Drawdown Current decline from peak	-9.87%	-6.64%	-3.23%
Average Drawdown Average peak-to-trough decline	-14.53%	-7.80%	-6.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	2.50%	+0.89%

Volatility

JOPPX vs. JEQIX - Volatility Comparison

Johnson Opportunity Fund (JOPPX) has a higher volatility of 5.20% compared to Johnson Equity Income Fund (JEQIX) at 4.30%. This indicates that JOPPX's price experiences larger fluctuations and is considered to be riskier than JEQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JOPPX	JEQIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.20%	4.30%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	10.24%	7.48%	+2.76%
Volatility (1Y) Calculated over the trailing 1-year period	18.59%	14.45%	+4.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.72%	14.54%	+3.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.20%	16.65%	+2.55%