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OIEJX vs. ACTIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

OIEJX vs. ACTIX

Last updated Jun 26, 2026

OIEJX (JPMorgan Equity Income Fund R6) and ACTIX (Advisors Capital Tactical Fixed Income Fund) are both Large Cap Value Equities funds. Over the past 5 years, OIEJX returned 11.48%/yr vs 0.77%/yr for ACTIX. At a 0.39 correlation, their price movements are largely independent. OIEJX charges 0.45%/yr vs 2.09%/yr for ACTIX.

Performance

OIEJX vs. ACTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Income Fund R6 (OIEJX) and Advisors Capital Tactical Fixed Income Fund (ACTIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, OIEJX achieves a 12.37% return, which is significantly higher than ACTIX's 0.42% return.

OIEJX

1D
0.04%
1M
2.47%
YTD
12.37%
6M
11.07%
1Y
23.52%
3Y*
18.68%
5Y*
11.48%
10Y*
12.82%

ACTIX

1D
0.31%
1M
0.52%
YTD
0.42%
6M
0.25%
1Y
3.51%
3Y*
4.71%
5Y*
0.77%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

OIEJX vs. ACTIX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
OIEJX
JPMorgan Equity Income Fund R6		12.37%14.95%19.97%5.05%-1.63%16.54%
ACTIX
Advisors Capital Tactical Fixed Income Fund		0.42%6.08%3.07%5.97%-9.94%0.75%

Correlation

The correlation between OIEJX and ACTIX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.45

Correlation (3Y)
Calculated over the trailing 3-year period

0.37

Correlation (5Y)
Calculated over the trailing 5-year period

0.40

Correlation (All Time)
Calculated using the full available price history since Mar 25, 2021

0.39

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JPMorgan Equity Income Fund R6

Advisors Capital Tactical Fixed Income Fund

Often compared with OIEJX:
OIEJX vs. VIIIXOIEJX vs. FXAIXOIEJX vs. VOOOIEJX vs. SCHDOIEJX vs. VEIPXOIEJX vs. VIVIXOIEJX vs. SSSYX
Often compared with ACTIX:
ACTIX vs. CILGXACTIX vs. FETKXACTIX vs. TORYXACTIX vs. BRLVXACTIX vs. FDETXACTIX vs. VHYAXACTIX vs. QRVLX

Return for Risk

OIEJX vs. ACTIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
OIEJX
OIEJX Risk / Return Rank: 7777
Overall Rank
OIEJX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
OIEJX Sortino Ratio Rank: 7777
Sortino Ratio Rank
OIEJX Omega Ratio Rank: 7272
Omega Ratio Rank
OIEJX Calmar Ratio Rank: 8181
Calmar Ratio Rank
OIEJX Martin Ratio Rank: 7979
Martin Ratio Rank
ACTIX
ACTIX Risk / Return Rank: 1717
Overall Rank
ACTIX Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
ACTIX Sortino Ratio Rank: 1616
Sortino Ratio Rank
ACTIX Omega Ratio Rank: 1616
Omega Ratio Rank
ACTIX Calmar Ratio Rank: 1717
Calmar Ratio Rank
ACTIX Martin Ratio Rank: 1818
Martin Ratio Rank
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.

OIEJX vs. ACTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Income Fund R6 (OIEJX) and Advisors Capital Tactical Fixed Income Fund (ACTIX). 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.

OIEJXACTIXDifference
Sharpe ratioReturn per unit of total volatility
2.19
0.94

+1.25

Sortino ratioReturn per unit of downside risk
3.12
1.38

+1.74

Omega ratioGain probability vs. loss probability

1.39

1.17

+0.22

Calmar ratioReturn relative to maximum drawdown

3.27

1.18

+2.09

Martin ratioReturn relative to average drawdown

12.52

3.91

+8.61

OIEJX vs. ACTIX - Sharpe Ratio Comparison

The current OIEJX Sharpe Ratio is 2.19, which is higher than the ACTIX Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of OIEJX and ACTIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

OIEJX vs. ACTIX - Drawdown Comparison

The maximum OIEJX drawdown since its inception was -36.88%, which is greater than ACTIX's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for OIEJX and ACTIX.

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Drawdown Indicators

OIEJXACTIXDifference

Max Drawdown

Largest peak-to-trough decline

-36.88%

-14.29%

-22.59%

Max Drawdown (1Y)

Largest decline over 1 year

-7.08%

-2.90%

-4.18%

Max Drawdown (3Y)

Largest decline over 3 years

-14.16%

-3.95%

-10.21%

Max Drawdown (5Y)

Largest decline over 5 years

-14.74%

-14.29%

-0.45%

Max Drawdown (10Y)

Largest decline over 10 years

-36.88%

—

—

Current Drawdown

Current decline from peak

-0.68%

-0.73%

+0.05%

Average Drawdown

Average peak-to-trough decline

-3.00%

-4.96%

+1.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.84%

0.87%

+0.97%

Volatility

OIEJX vs. ACTIX - Volatility Comparison

JPMorgan Equity Income Fund R6 (OIEJX) has a higher volatility of 3.35% compared to Advisors Capital Tactical Fixed Income Fund (ACTIX) at 1.04%. This indicates that OIEJX's price experiences larger fluctuations and is considered to be riskier than ACTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

OIEJXACTIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.35%

1.04%

+2.31%

Volatility (6M)

Calculated over the trailing 6-month period

8.09%

2.86%

+5.23%

Volatility (1Y)

Calculated over the trailing 1-year period

10.57%

3.66%

+6.91%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.30%

4.69%

+9.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.77%

4.60%

+12.17%

OIEJX vs. ACTIX - Expense Ratio Comparison

OIEJX has a 0.45% expense ratio, which is lower than ACTIX's 2.09% expense ratio.

Dividends

OIEJX vs. ACTIX - Dividend Comparison

OIEJX's dividend yield for the trailing twelve months is around 9.86%, more than ACTIX's 3.07% yield.

PositionTTM20252024202320222021202020192018201720162015
ACTIX
Advisors Capital Tactical Fixed Income Fund		3.07%3.09%3.18%2.44%1.10%0.45%0.00%0.00%0.00%0.00%0.00%0.00%
OIEJX
JPMorgan Equity Income Fund R6		9.86%11.06%14.67%3.01%3.93%3.57%2.04%3.01%5.37%2.70%2.71%3.03%

Frequently Asked Questions

OIEJX and ACTIX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

OIEJX has higher volatility (3.35%) compared to ACTIX (1.04%). In terms of maximum drawdown, OIEJX dropped -36.88% vs ACTIX's -14.29%.

OIEJX currently has the higher Sharpe Ratio (2.19 vs 0.94), 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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