MEIAX vs. OIEJX
Compare and contrast key facts about MFS Value Fund (MEIAX) and JPMorgan Equity Income Fund R6 (OIEJX).
MEIAX is managed by MFS. It was launched on Jan 2, 1996. OIEJX is managed by JPMorgan Chase. It was launched on Jul 2, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEIAX or OIEJX.
Key characteristics
| MEIAX | OIEJX | |
|---|---|---|
| YTD Return | 18.01% | 19.14% |
| 1Y Return | 29.56% | 29.96% |
| 3Y Return (Ann) | 6.73% | 6.03% |
| 5Y Return (Ann) | 10.07% | 9.65% |
| 10Y Return (Ann) | 9.51% | 8.86% |
| Sharpe Ratio | 2.92 | 2.78 |
| Sortino Ratio | 4.13 | 3.93 |
| Omega Ratio | 1.53 | 1.51 |
| Calmar Ratio | 3.44 | 3.06 |
| Martin Ratio | 17.28 | 18.27 |
| Ulcer Index | 1.66% | 1.58% |
| Daily Std Dev | 9.79% | 10.35% |
| Max Drawdown | -52.28% | -36.88% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between MEIAX and OIEJX is 0.96, 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
MEIAX vs. OIEJX - Performance Comparison
In the year-to-date period, MEIAX achieves a 18.01% return, which is significantly lower than OIEJX's 19.14% return. Over the past 10 years, MEIAX has outperformed OIEJX with an annualized return of 9.51%, while OIEJX has yielded a comparatively lower 8.86% 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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MEIAX vs. OIEJX - Expense Ratio Comparison
MEIAX has a 0.80% expense ratio, which is higher than OIEJX's 0.45% expense ratio.
Risk-Adjusted Performance
MEIAX vs. OIEJX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Value Fund (MEIAX) and JPMorgan Equity Income Fund R6 (OIEJX). 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
MEIAX vs. OIEJX - Dividend Comparison
MEIAX's dividend yield for the trailing twelve months is around 1.40%, less than OIEJX's 1.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEIAX MFS Value Fund | 1.40% | 1.54% | 1.69% | 1.15% | 1.39% | 1.72% | 1.84% | 1.32% | 1.78% | 6.23% | 5.09% | 3.66% |
OIEJX JPMorgan Equity Income Fund R6 | 1.97% | 2.30% | 2.21% | 1.75% | 2.05% | 2.01% | 2.46% | 1.83% | 2.11% | 2.26% | 2.16% | 2.06% |
Drawdowns
MEIAX vs. OIEJX - Drawdown Comparison
The maximum MEIAX drawdown since its inception was -52.28%, which is greater than OIEJX's maximum drawdown of -36.88%. Use the drawdown chart below to compare losses from any high point for MEIAX and OIEJX. For additional features, visit the drawdowns tool.
Volatility
MEIAX vs. OIEJX - Volatility Comparison
The current volatility for MFS Value Fund (MEIAX) is 3.53%, while JPMorgan Equity Income Fund R6 (OIEJX) has a volatility of 4.00%. This indicates that MEIAX experiences smaller price fluctuations and is considered to be less risky than OIEJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.