JUEMX vs. ^GSPC
Compare and contrast key facts about JPMorgan U.S. Equity Fund R6 (JUEMX) and S&P 500 (^GSPC).
JUEMX is managed by JPMorgan Chase. It was launched on Sep 17, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JUEMX or ^GSPC.
Key characteristics
| JUEMX | ^GSPC | |
|---|---|---|
| YTD Return | 20.04% | 18.13% |
| 1Y Return | 29.36% | 26.52% |
| 3Y Return (Ann) | 10.70% | 8.36% |
| 5Y Return (Ann) | 17.21% | 13.43% |
| 10Y Return (Ann) | 12.96% | 10.88% |
| Sharpe Ratio | 2.26 | 2.10 |
| Daily Std Dev | 13.07% | 12.68% |
| Max Drawdown | -33.37% | -56.78% |
| Current Drawdown | -0.04% | -0.58% |
Correlation
The correlation between JUEMX and ^GSPC is 0.99, 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
JUEMX vs. ^GSPC - Performance Comparison
In the year-to-date period, JUEMX achieves a 20.04% return, which is significantly higher than ^GSPC's 18.13% return. Over the past 10 years, JUEMX has outperformed ^GSPC with an annualized return of 12.96%, while ^GSPC has yielded a comparatively lower 10.88% 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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Risk-Adjusted Performance
JUEMX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Equity Fund R6 (JUEMX) and S&P 500 (^GSPC). 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.
Drawdowns
JUEMX vs. ^GSPC - Drawdown Comparison
The maximum JUEMX drawdown since its inception was -33.37%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for JUEMX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
JUEMX vs. ^GSPC - Volatility Comparison
JPMorgan U.S. Equity Fund R6 (JUEMX) and S&P 500 (^GSPC) have volatilities of 4.19% and 4.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.