NEFZX vs. JMSIX
NEFZX (Loomis Sayles Strategic Income Fund) and JMSIX (JPMorgan Income Fund Class I) are both Multisector Bonds funds. Over the past 10 years, NEFZX returned 2.78%/yr vs 3.76%/yr for JMSIX. Their 0.57 correlation means they have sometimes moved together and sometimes differently. NEFZX charges 0.95%/yr vs 0.40%/yr for JMSIX.
Performance
NEFZX vs. JMSIX - Performance Comparison
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Returns By Period
In the year-to-date period, NEFZX achieves a -1.28% return, which is significantly lower than JMSIX's 1.12% return. Over the past 10 years, NEFZX has underperformed JMSIX with an annualized return of 2.78%, while JMSIX has yielded a comparatively higher 3.76% annualized return.
NEFZX
- 1D
- 0.25%
- 1M
- -0.75%
- 6M
- -1.80%
- YTD
- -1.28%
- 1Y
- 2.61%
- 3Y*
- 6.35%
- 5Y*
- 1.59%
- 10Y*
- 2.78%
- ALL TIME*
- 6.36%
JMSIX
- 1D
- 0.00%
- 1M
- -0.47%
- 6M
- 0.74%
- YTD
- 1.12%
- 1Y
- 3.79%
- 3Y*
- 6.81%
- 5Y*
- 2.71%
- 10Y*
- 3.76%
- ALL TIME*
- 2.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
NEFZX vs. JMSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEFZX Loomis Sayles Strategic Income Fund | -1.28% | 8.92% | 7.05% | 8.02% | -12.82% | 3.85% | 1.15% | 10.84% | -3.00% | 7.22% |
JMSIX JPMorgan Income Fund Class I | 1.12% | 7.68% | 7.78% | 6.14% | -8.24% | 3.59% | 3.07% | 11.82% | 1.03% | 6.00% |
Correlation
The correlation between NEFZX and JMSIX is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.52 |
Correlation (3Y) Balances recent behavior with more history. | 0.63 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.60 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2014 | 0.57 |
The correlation between NEFZX and JMSIX shifts across timeframes, from 0.52 (1 year) to 0.72 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
NEFZX vs. JMSIX — Risk / Return Rank
NEFZX
JMSIX
NEFZX vs. JMSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Strategic Income Fund (NEFZX) and JPMorgan Income Fund Class I (JMSIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NEFZX | JMSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.49 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 2.89 | -2.18 |
| Martin ratioReturn relative to average drawdown | 1.81 | 11.55 | -9.73 |
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Drawdowns
NEFZX vs. JMSIX - Drawdown Comparison
The maximum NEFZX drawdown since its inception was -32.07%, which is greater than JMSIX's maximum drawdown of -18.40%. Use the drawdown chart below to compare losses from any high point for NEFZX and JMSIX.
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Drawdown Indicators
| NEFZX | JMSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.07% | -18.40% | -13.67% |
Max Drawdown (1Y)Largest decline over 1 year | -4.17% | -1.62% | -2.55% |
Max Drawdown (3Y)Largest decline over 3 years | -5.38% | -2.25% | -3.13% |
Max Drawdown (5Y)Largest decline over 5 years | -17.19% | -11.39% | -5.80% |
Max Drawdown (10Y)Largest decline over 10 years | -17.21% | -18.40% | +1.19% |
Current DrawdownCurrent decline from peak | -2.99% | -0.59% | -2.40% |
Average DrawdownAverage peak-to-trough decline | -3.36% | -2.54% | -0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.51% | 0.41% | +1.10% |
Volatility
NEFZX vs. JMSIX - Volatility Comparison
Loomis Sayles Strategic Income Fund (NEFZX) has a higher volatility of 1.10% compared to JPMorgan Income Fund Class I (JMSIX) at 0.53%. This indicates that NEFZX's price experiences larger fluctuations and is considered to be riskier than JMSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEFZX | JMSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 0.53% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 3.62% | 1.94% | +1.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.47% | 2.50% | +1.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.62% | 3.73% | +1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.21% | 3.86% | +1.35% |
NEFZX vs. JMSIX - Expense Ratio Comparison
NEFZX has a 0.95% expense ratio, which is higher than JMSIX's 0.40% expense ratio.
Dividends
NEFZX vs. JMSIX - Dividend Comparison
NEFZX's dividend yield for the trailing twelve months is around 4.01%, less than JMSIX's 5.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMSIX JPMorgan Income Fund Class I | 5.54% | 5.95% | 5.78% | 4.43% | 4.78% | 4.00% | 4.95% | 5.10% | 5.43% | 5.42% | 0.46% | 0.00% |
NEFZX Loomis Sayles Strategic Income Fund | 4.01% | 3.83% | 5.60% | 5.37% | 6.34% | 2.64% | 4.20% | 3.51% | 4.28% | 4.06% | 4.76% | 10.22% |
Frequently Asked Questions
NEFZX and JMSIX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEFZX has higher volatility (1.10%) compared to JMSIX (0.53%). In terms of maximum drawdown, NEFZX dropped -32.07% vs JMSIX's -18.40%.
JMSIX currently has the higher Sharpe Ratio (1.88 vs 0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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