JPHY vs. VMFXX
Compare and contrast key facts about JPMorgan High Yield Research Enhanced ETF (JPHY) and Vanguard Federal Money Market Fund (VMFXX).
JPHY is an actively managed fund by JPMorgan Chase. It was launched on Sep 14, 2016. VMFXX is managed by Vanguard. It was launched on Sep 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPHY or VMFXX.
Correlation
The correlation between JPHY and VMFXX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
JPHY vs. VMFXX - Performance Comparison
Key characteristics
JPHY:
1.11
VMFXX:
3.44
JPHY:
0.83%
VMFXX:
0.00%
JPHY:
5.80%
VMFXX:
1.34%
JPHY:
-24.98%
VMFXX:
0.00%
JPHY:
-8.24%
VMFXX:
0.00%
Returns By Period
In the year-to-date period, JPHY achieves a -0.88% return, which is significantly lower than VMFXX's 0.69% return.
JPHY
-0.88%
-2.21%
-0.21%
6.59%
2.13%
N/A
VMFXX
0.69%
0.00%
1.87%
4.60%
2.52%
1.72%
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JPHY vs. VMFXX - Expense Ratio Comparison
JPHY has a 0.24% expense ratio, which is higher than VMFXX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
JPHY vs. VMFXX — Risk-Adjusted Performance Rank
JPHY
VMFXX
JPHY vs. VMFXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan High Yield Research Enhanced ETF (JPHY) and Vanguard Federal Money Market Fund (VMFXX). 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
JPHY vs. VMFXX - Dividend Comparison
JPHY's dividend yield for the trailing twelve months is around 7.81%, more than VMFXX's 4.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPHY JPMorgan High Yield Research Enhanced ETF | 7.81% | 7.18% | 6.49% | 5.92% | 4.06% | 4.73% | 4.99% | 5.02% | 4.81% | 1.42% |
VMFXX Vanguard Federal Money Market Fund | 4.49% | 5.11% | 4.97% | 1.54% | 0.01% | 0.45% | 2.12% | 1.61% | 0.50% | 0.00% |
Drawdowns
JPHY vs. VMFXX - Drawdown Comparison
The maximum JPHY drawdown since its inception was -24.98%, which is greater than VMFXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for JPHY and VMFXX. For additional features, visit the drawdowns tool.
Volatility
JPHY vs. VMFXX - Volatility Comparison
JPMorgan High Yield Research Enhanced ETF (JPHY) has a higher volatility of 4.31% compared to Vanguard Federal Money Market Fund (VMFXX) at 0.00%. This indicates that JPHY's price experiences larger fluctuations and is considered to be riskier than VMFXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.