JVASX vs. SPY
Compare and contrast key facts about JPMorgan Value Advantage Fund (JVASX) and SPDR S&P 500 ETF (SPY).
JVASX is managed by JPMorgan Chase. It was launched on Feb 28, 2005. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JVASX or SPY.
Correlation
The correlation between JVASX and SPY is 0.89, 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
JVASX vs. SPY - Performance Comparison
Key characteristics
JVASX:
-0.08
SPY:
0.50
JVASX:
0.09
SPY:
0.88
JVASX:
1.01
SPY:
1.13
JVASX:
-0.02
SPY:
0.56
JVASX:
-0.05
SPY:
2.17
JVASX:
9.19%
SPY:
4.85%
JVASX:
18.54%
SPY:
20.02%
JVASX:
-59.38%
SPY:
-55.19%
JVASX:
-15.25%
SPY:
-7.65%
Returns By Period
In the year-to-date period, JVASX achieves a -1.01% return, which is significantly higher than SPY's -3.42% return. Over the past 10 years, JVASX has underperformed SPY with an annualized return of 3.45%, while SPY has yielded a comparatively higher 12.35% annualized return.
JVASX
-1.01%
2.96%
-12.90%
-1.40%
7.13%
3.45%
SPY
-3.42%
2.87%
-5.06%
9.87%
15.76%
12.35%
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JVASX vs. SPY - Expense Ratio Comparison
JVASX has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
JVASX vs. SPY — Risk-Adjusted Performance Rank
JVASX
SPY
JVASX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Value Advantage Fund (JVASX) and SPDR S&P 500 ETF (SPY). 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
JVASX vs. SPY - Dividend Comparison
JVASX's dividend yield for the trailing twelve months is around 1.60%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JVASX JPMorgan Value Advantage Fund | 1.60% | 1.58% | 1.62% | 1.71% | 1.00% | 1.65% | 1.46% | 1.84% | 1.09% | 1.22% | 0.67% | 1.06% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
JVASX vs. SPY - Drawdown Comparison
The maximum JVASX drawdown since its inception was -59.38%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JVASX and SPY. For additional features, visit the drawdowns tool.
Volatility
JVASX vs. SPY - Volatility Comparison
The current volatility for JPMorgan Value Advantage Fund (JVASX) is 5.77%, while SPDR S&P 500 ETF (SPY) has a volatility of 7.48%. This indicates that JVASX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.