JPGSX vs. SPGP
Compare and contrast key facts about JPMorgan U.S. GARP Equity Fund (JPGSX) and Invesco S&P 500 GARP ETF (SPGP).
JPGSX is managed by JPMorgan Chase. It was launched on Feb 28, 2003. SPGP is a passively managed fund by Invesco that tracks the performance of the S&P 500 GARP Index. It was launched on Jun 16, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPGSX or SPGP.
Key characteristics
| JPGSX | SPGP | |
|---|---|---|
| YTD Return | 34.32% | 14.34% |
| 1Y Return | 43.72% | 24.55% |
| 3Y Return (Ann) | 3.66% | 6.77% |
| 5Y Return (Ann) | 9.38% | 14.28% |
| 10Y Return (Ann) | 9.22% | 14.30% |
| Sharpe Ratio | 2.88 | 1.77 |
| Sortino Ratio | 3.72 | 2.47 |
| Omega Ratio | 1.53 | 1.31 |
| Calmar Ratio | 1.96 | 2.78 |
| Martin Ratio | 15.77 | 8.39 |
| Ulcer Index | 2.95% | 3.17% |
| Daily Std Dev | 16.11% | 14.94% |
| Max Drawdown | -53.17% | -42.08% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between JPGSX and SPGP is 0.80, 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
JPGSX vs. SPGP - Performance Comparison
In the year-to-date period, JPGSX achieves a 34.32% return, which is significantly higher than SPGP's 14.34% return. Over the past 10 years, JPGSX has underperformed SPGP with an annualized return of 9.22%, while SPGP has yielded a comparatively higher 14.30% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JPGSX vs. SPGP - Expense Ratio Comparison
JPGSX has a 0.59% expense ratio, which is higher than SPGP's 0.36% expense ratio.
Risk-Adjusted Performance
JPGSX vs. SPGP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. GARP Equity Fund (JPGSX) and Invesco S&P 500 GARP ETF (SPGP). 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
JPGSX vs. SPGP - Dividend Comparison
JPGSX's dividend yield for the trailing twelve months is around 0.23%, less than SPGP's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPGSX JPMorgan U.S. GARP Equity Fund | 0.23% | 0.31% | 0.30% | 0.17% | 1.01% | 0.82% | 0.93% | 0.63% | 0.90% | 0.05% | 0.53% | 0.69% |
SPGP Invesco S&P 500 GARP ETF | 1.30% | 1.24% | 1.22% | 0.69% | 1.10% | 0.86% | 0.95% | 0.68% | 0.89% | 1.12% | 1.52% | 2.11% |
Drawdowns
JPGSX vs. SPGP - Drawdown Comparison
The maximum JPGSX drawdown since its inception was -53.17%, which is greater than SPGP's maximum drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for JPGSX and SPGP. For additional features, visit the drawdowns tool.
Volatility
JPGSX vs. SPGP - Volatility Comparison
The current volatility for JPMorgan U.S. GARP Equity Fund (JPGSX) is 4.87%, while Invesco S&P 500 GARP ETF (SPGP) has a volatility of 5.39%. This indicates that JPGSX experiences smaller price fluctuations and is considered to be less risky than SPGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.