OIEJX vs. FGIPX
OIEJX (JPMorgan Equity Income Fund R6) and FGIPX (Nomura Growth and Income Fund Institutional Class) are both Large Cap Value Equities funds. Both are actively managed. Over the past 10 years, OIEJX returned 12.88%/yr vs 13.59%/yr for FGIPX. Their correlation of 0.94 suggests significant overlap in exposure. OIEJX charges 0.45%/yr vs 0.77%/yr for FGIPX.
Performance
OIEJX vs. FGIPX - Performance Comparison
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Returns By Period
In the year-to-date period, OIEJX achieves a 13.03% return, which is significantly lower than FGIPX's 18.94% return. Over the past 10 years, OIEJX has underperformed FGIPX with an annualized return of 12.88%, while FGIPX has yielded a comparatively higher 13.59% annualized return.
OIEJX
- 1D
- 0.62%
- 1M
- 3.37%
- YTD
- 13.03%
- 6M
- 12.25%
- 1Y
- 24.74%
- 3Y*
- 18.91%
- 5Y*
- 11.91%
- 10Y*
- 12.88%
FGIPX
- 1D
- 0.40%
- 1M
- 3.21%
- YTD
- 18.94%
- 6M
- 17.96%
- 1Y
- 43.07%
- 3Y*
- 26.61%
- 5Y*
- 17.35%
- 10Y*
- 13.59%
OIEJX vs. FGIPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OIEJX JPMorgan Equity Income Fund R6 | 13.03% | 14.95% | 19.97% | 5.05% | -1.63% | 25.41% | 3.87% | 26.61% | -4.23% | 17.85% |
FGIPX Nomura Growth and Income Fund Institutional Class | 18.94% | 30.18% | 15.44% | 12.17% | 3.28% | 21.73% | -4.59% | 25.96% | -9.95% | 18.52% |
Correlation
The correlation between OIEJX and FGIPX is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2013 | 0.94 |
The correlation between OIEJX and FGIPX has been stable across timeframes, ranging from 0.84 to 0.94 - a consistent structural relationship.
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Return for Risk
OIEJX vs. FGIPX — Risk / Return Rank
OIEJX
FGIPX
OIEJX vs. FGIPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Income Fund R6 (OIEJX) and Nomura Growth and Income Fund Institutional Class (FGIPX). 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.
| OIEJX | FGIPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.68 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.64 | 6.12 | -2.48 |
| Martin ratioReturn relative to average drawdown | 13.95 | 23.24 | -9.29 |
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Drawdowns
OIEJX vs. FGIPX - Drawdown Comparison
The maximum OIEJX drawdown since its inception was -36.88%, roughly equal to the maximum FGIPX drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for OIEJX and FGIPX.
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Drawdown Indicators
| OIEJX | FGIPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.88% | -37.32% | +0.44% |
Max Drawdown (1Y)Largest decline over 1 year | -7.08% | -7.26% | +0.18% |
Max Drawdown (3Y)Largest decline over 3 years | -14.16% | -13.27% | -0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -14.74% | -16.19% | +1.45% |
Max Drawdown (10Y)Largest decline over 10 years | -36.88% | -37.32% | +0.44% |
Current DrawdownCurrent decline from peak | -0.11% | -0.94% | +0.83% |
Average DrawdownAverage peak-to-trough decline | -3.00% | -4.16% | +1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 1.90% | -0.06% |
Volatility
OIEJX vs. FGIPX - Volatility Comparison
The current volatility for JPMorgan Equity Income Fund R6 (OIEJX) is 3.30%, while Nomura Growth and Income Fund Institutional Class (FGIPX) has a volatility of 4.09%. This indicates that OIEJX experiences smaller price fluctuations and is considered to be less risky than FGIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OIEJX | FGIPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.30% | 4.09% | -0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 8.06% | 8.76% | -0.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.59% | 11.84% | -1.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 14.92% | -0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.80% | 17.14% | -0.34% |
OIEJX vs. FGIPX - Expense Ratio Comparison
OIEJX has a 0.45% expense ratio, which is lower than FGIPX's 0.77% expense ratio.
Dividends
OIEJX vs. FGIPX - Dividend Comparison
OIEJX's dividend yield for the trailing twelve months is around 9.81%, more than FGIPX's 9.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGIPX Nomura Growth and Income Fund Institutional Class | 9.56% | 11.68% | 12.69% | 7.50% | 7.35% | 12.20% | 2.13% | 52.72% | 25.63% | 5.58% | 4.22% | 5.88% |
OIEJX JPMorgan Equity Income Fund R6 | 9.81% | 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 FGIPX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FGIPX has higher volatility (4.09%) compared to OIEJX (3.30%). In terms of maximum drawdown, OIEJX dropped -36.88% vs FGIPX's -37.32%.
FGIPX currently has the higher Sharpe Ratio (3.76 vs 2.44), 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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