NHFIX vs. JPIE
Compare and contrast key facts about Northern High Yield Fixed Income Fund (NHFIX) and JPMorgan Income ETF (JPIE).
NHFIX is managed by Northern Funds. It was launched on Dec 31, 1998. JPIE is an actively managed fund by JPMorgan. It was launched on Oct 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NHFIX or JPIE.
Correlation
The correlation between NHFIX and JPIE is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NHFIX vs. JPIE - Performance Comparison
Key characteristics
NHFIX:
1.96
JPIE:
3.29
NHFIX:
2.85
JPIE:
4.60
NHFIX:
1.44
JPIE:
1.84
NHFIX:
1.89
JPIE:
4.70
NHFIX:
8.39
JPIE:
21.57
NHFIX:
0.99%
JPIE:
0.37%
NHFIX:
4.21%
JPIE:
2.46%
NHFIX:
-27.42%
JPIE:
-9.96%
NHFIX:
-1.92%
JPIE:
0.00%
Returns By Period
In the year-to-date period, NHFIX achieves a 0.32% return, which is significantly lower than JPIE's 2.12% return.
NHFIX
0.32%
-1.00%
0.70%
7.89%
7.21%
4.53%
JPIE
2.12%
0.33%
3.01%
8.23%
N/A
N/A
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NHFIX vs. JPIE - Expense Ratio Comparison
NHFIX has a 0.60% expense ratio, which is higher than JPIE's 0.41% expense ratio.
Risk-Adjusted Performance
NHFIX vs. JPIE — Risk-Adjusted Performance Rank
NHFIX
JPIE
NHFIX vs. JPIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern High Yield Fixed Income Fund (NHFIX) and JPMorgan Income ETF (JPIE). 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
NHFIX vs. JPIE - Dividend Comparison
NHFIX's dividend yield for the trailing twelve months is around 6.33%, more than JPIE's 5.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NHFIX Northern High Yield Fixed Income Fund | 6.33% | 6.66% | 6.56% | 6.91% | 5.35% | 5.44% | 6.17% | 6.62% | 6.69% | 6.04% | 6.40% | 6.55% |
JPIE JPMorgan Income ETF | 5.94% | 6.11% | 5.70% | 4.49% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NHFIX vs. JPIE - Drawdown Comparison
The maximum NHFIX drawdown since its inception was -27.42%, which is greater than JPIE's maximum drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for NHFIX and JPIE. For additional features, visit the drawdowns tool.
Volatility
NHFIX vs. JPIE - Volatility Comparison
Northern High Yield Fixed Income Fund (NHFIX) has a higher volatility of 2.41% compared to JPMorgan Income ETF (JPIE) at 1.56%. This indicates that NHFIX's price experiences larger fluctuations and is considered to be riskier than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.