JPDIX vs. FIQVX

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan Preferred and Income Securities Fund (JPDIX) and Fidelity Advisor Convertible Securities Fund Class Z (FIQVX).

JPDIX is managed by JPMorgan. It was launched on Mar 30, 2022. FIQVX is managed by Fidelity. It was launched on Oct 2, 2018.

Performance

JPDIX vs. FIQVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Preferred and Income Securities Fund (JPDIX) and Fidelity Advisor Convertible Securities Fund Class Z (FIQVX). The values are adjusted to include any dividend payments, if applicable.

JPDIX vs. FIQVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JPDIX JPMorgan Preferred and Income Securities Fund	-1.23%	8.64%	10.59%	7.02%	-8.33%
FIQVX Fidelity Advisor Convertible Securities Fund Class Z	4.10%	18.42%	8.21%	11.53%	-12.28%

Returns By Period

In the year-to-date period, JPDIX achieves a -1.23% return, which is significantly lower than FIQVX's 4.10% return.

JPDIX

• 1D: 0.41%
• 1M: -2.22%
• YTD: -1.23%
• 6M: 0.21%
• 1Y: 5.86%
• 3Y*: 9.08%
• 5Y*: —
• 10Y*: —

FIQVX

• 1D: 2.66%
• 1M: -4.06%
• YTD: 4.10%
• 6M: 4.29%
• 1Y: 27.33%
• 3Y*: 12.65%
• 5Y*: 5.66%
• 10Y*: —

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

JPDIX vs. FIQVX - Expense Ratio Comparison

Both JPDIX and FIQVX have an expense ratio of 0.59%.

JPDIX

JPMorgan Preferred and Income Securities Fund

FIQVX

Fidelity Advisor Convertible Securities Fund Class Z

Return for Risk

JPDIX vs. FIQVX — Risk / Return Rank

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

JPDIX

JPDIX Risk / Return Rank: 82
JPDIX Sharpe Ratio Rank: 86
JPDIX Sortino Ratio Rank: 86
JPDIX Omega Ratio Rank: 92
JPDIX Calmar Ratio Rank: 72
JPDIX Martin Ratio Rank: 74

FIQVX

FIQVX Risk / Return Rank: 88
FIQVX Sharpe Ratio Rank: 86
FIQVX Sortino Ratio Rank: 86
FIQVX Omega Ratio Rank: 80
FIQVX Calmar Ratio Rank: 95
FIQVX Martin Ratio Rank: 95

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.

JPDIX vs. FIQVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Preferred and Income Securities Fund (JPDIX) and Fidelity Advisor Convertible Securities Fund Class Z (FIQVX). 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.

	JPDIX	FIQVX	Difference
Sharpe ratio Return per unit of total volatility	1.79	1.78	+0.01
Sortino ratio Return per unit of downside risk	2.44	2.41	+0.03
Omega ratio Gain probability vs. loss probability	1.45	1.33	+0.12
Calmar ratio Return relative to maximum drawdown	1.91	3.56	-1.65
Martin ratio Return relative to average drawdown	8.05	13.36	-5.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPDIX vs. FIQVX - Sharpe Ratio Comparison

The current JPDIX Sharpe Ratio is 1.79, which is comparable to the FIQVX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of JPDIX and FIQVX, 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

	JPDIX	FIQVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.79	1.78	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.83	-0.08

Correlation

The correlation between JPDIX and FIQVX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

JPDIX vs. FIQVX - Dividend Comparison

JPDIX's dividend yield for the trailing twelve months is around 5.23%, less than FIQVX's 11.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JPDIX JPMorgan Preferred and Income Securities Fund	5.23%	5.53%	4.97%	4.45%	2.19%	0.00%	0.00%	0.00%	0.00%
FIQVX Fidelity Advisor Convertible Securities Fund Class Z	11.07%	11.52%	2.13%	2.24%	3.88%	20.80%	10.85%	3.40%	8.28%

Drawdowns

JPDIX vs. FIQVX - Drawdown Comparison

The maximum JPDIX drawdown since its inception was -14.56%, smaller than the maximum FIQVX drawdown of -25.04%. Use the drawdown chart below to compare losses from any high point for JPDIX and FIQVX.

Drawdown Indicators

	JPDIX	FIQVX	Difference
Max Drawdown Largest peak-to-trough decline	-14.56%	-25.04%	+10.48%
Max Drawdown (1Y) Largest decline over 1 year	-3.32%	-7.74%	+4.42%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.16%	—
Current Drawdown Current decline from peak	-2.52%	-4.30%	+1.78%
Average Drawdown Average peak-to-trough decline	-3.60%	-6.83%	+3.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.79%	2.06%	-1.27%

Volatility

JPDIX vs. FIQVX - Volatility Comparison

The current volatility for JPMorgan Preferred and Income Securities Fund (JPDIX) is 1.28%, while Fidelity Advisor Convertible Securities Fund Class Z (FIQVX) has a volatility of 6.85%. This indicates that JPDIX experiences smaller price fluctuations and is considered to be less risky than FIQVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPDIX	FIQVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.28%	6.85%	-5.57%
Volatility (6M) Calculated over the trailing 6-month period	2.07%	12.31%	-10.24%
Volatility (1Y) Calculated over the trailing 1-year period	3.37%	15.83%	-12.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.23%	13.40%	-8.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.23%	15.03%	-9.80%