OIEIX vs. SFLNX

Last updated Jun 4, 2026

OIEIX (JPMorgan Equity Income Fund Class A) and SFLNX (Schwab Fundamental US Large Company Index Fund) are both mutual funds - OIEIX is a Dividend fund managed by JPMorgan, while SFLNX is a Large Cap Value Equities fund tracking the Russell RAFI US Large Company Index. Over the past 10 years, OIEIX returned 11.80%/yr vs 14.24%/yr for SFLNX. With a 0.95 correlation, they move nearly in lockstep. OIEIX charges 0.95%/yr vs 0.25%/yr for SFLNX.

Performance

OIEIX vs. SFLNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Income Fund Class A (OIEIX) and Schwab Fundamental US Large Company Index Fund (SFLNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OIEIX achieves a 10.16% return, which is significantly lower than SFLNX's 14.44% return. Over the past 10 years, OIEIX has underperformed SFLNX with an annualized return of 11.80%, while SFLNX has yielded a comparatively higher 14.24% annualized return.

OIEIX

• 1D: 1.03%
• 1M: 2.89%
• YTD: 10.16%
• 6M: 10.91%
• 1Y: 22.48%
• 3Y*: 17.72%
• 5Y*: 10.41%
• 10Y*: 11.80%

SFLNX

• 1D: -0.19%
• 1M: 2.77%
• YTD: 14.44%
• 6M: 14.69%
• 1Y: 32.68%
• 3Y*: 20.85%
• 5Y*: 12.81%
• 10Y*: 14.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

OIEIX vs. SFLNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OIEIX JPMorgan Equity Income Fund Class A	10.16%	14.42%	19.54%	4.49%	-2.11%	24.80%	3.30%	26.07%	-4.76%	17.21%
SFLNX Schwab Fundamental US Large Company Index Fund	14.44%	17.02%	16.78%	18.16%	-6.89%	31.64%	9.12%	28.91%	-7.43%	17.08%

Correlation

The correlation between OIEIX and SFLNX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jan 3, 2008	0.95

The correlation between OIEIX and SFLNX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

Return for Risk

OIEIX vs. SFLNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OIEIX

OIEIX Risk / Return Rank: 61
OIEIX Sharpe Ratio Rank: 59
OIEIX Sortino Ratio Rank: 58
OIEIX Omega Ratio Rank: 54
OIEIX Calmar Ratio Rank: 70
OIEIX Martin Ratio Rank: 64

SFLNX

SFLNX Risk / Return Rank: 90
SFLNX Sharpe Ratio Rank: 92
SFLNX Sortino Ratio Rank: 89
SFLNX Omega Ratio Rank: 84
SFLNX Calmar Ratio Rank: 93
SFLNX Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OIEIX vs. SFLNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Income Fund Class A (OIEIX) and Schwab Fundamental US Large Company Index Fund (SFLNX). 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.

	OIEIX	SFLNX	Difference
Sharpe ratio: Return per unit of total volatility	2.26	3.13	-0.87
Sortino ratio: Return per unit of downside risk	3.20	4.38	-1.17
Omega ratio: Gain probability vs. loss probability	1.41	1.57	-0.17
Calmar ratio: Return relative to maximum drawdown	3.25	5.30	-2.04
Martin ratio: Return relative to average drawdown	12.46	20.80	-8.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OIEIX vs. SFLNX - Sharpe Ratio Comparison

The current OIEIX Sharpe Ratio is 2.26, which is comparable to the SFLNX Sharpe Ratio of 3.13. The chart below compares the historical Sharpe Ratios of OIEIX and SFLNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OIEIX	SFLNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.26	3.13	-0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.84	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.78	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.53	+0.02

Drawdowns

OIEIX vs. SFLNX - Drawdown Comparison

The maximum OIEIX drawdown since its inception was -50.63%, smaller than the maximum SFLNX drawdown of -56.18%. Use the drawdown chart below to compare losses from any high point for OIEIX and SFLNX.

Drawdown Indicators

	OIEIX	SFLNX	Difference
Max Drawdown Largest peak-to-trough decline	-50.63%	-56.18%	+5.55%
Max Drawdown (1Y) Largest decline over 1 year	-7.14%	-6.10%	-1.04%
Max Drawdown (3Y) Largest decline over 3 years	-14.23%	-16.27%	+2.04%
Max Drawdown (5Y) Largest decline over 5 years	-14.95%	-18.98%	+4.03%
Max Drawdown (10Y) Largest decline over 10 years	-36.92%	-37.59%	+0.67%
Current Drawdown Current decline from peak	0.00%	-0.19%	+0.19%
Average Drawdown Average peak-to-trough decline	-6.64%	-6.01%	-0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	1.55%	+0.31%

Volatility

OIEIX vs. SFLNX - Volatility Comparison

JPMorgan Equity Income Fund Class A (OIEIX) has a higher volatility of 2.58% compared to Schwab Fundamental US Large Company Index Fund (SFLNX) at 2.36%. This indicates that OIEIX's price experiences larger fluctuations and is considered to be riskier than SFLNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OIEIX	SFLNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.58%	2.36%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	7.80%	7.41%	+0.39%
Volatility (1Y) Calculated over the trailing 1-year period	10.29%	10.36%	-0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.29%	15.26%	-0.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.82%	18.40%	-1.58%

OIEIX vs. SFLNX - Expense Ratio Comparison

OIEIX has a 0.95% expense ratio, which is higher than SFLNX's 0.25% expense ratio.

Dividends

OIEIX vs. SFLNX - Dividend Comparison

OIEIX's dividend yield for the trailing twelve months is around 9.82%, more than SFLNX's 1.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OIEIX JPMorgan Equity Income Fund Class A	9.82%	10.83%	14.48%	2.59%	3.50%	3.17%	1.62%	2.60%	4.95%	2.29%	2.30%	2.52%
SFLNX Schwab Fundamental US Large Company Index Fund	1.46%	1.68%	1.78%	1.86%	2.09%	4.78%	6.17%	5.33%	9.69%	3.28%	7.23%	5.68%

Frequently Asked Questions

Can I hold both OIEIX and SFLNX in my portfolio?

With a correlation of 0.91, OIEIX and SFLNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, OIEIX or SFLNX?

OIEIX has higher volatility (2.58%) compared to SFLNX (2.36%). In terms of maximum drawdown, OIEIX dropped -50.63% vs SFLNX's -56.18%.

Which has better risk-adjusted returns?

SFLNX currently has the higher Sharpe Ratio (3.13 vs 2.26), 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.