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OIEJX vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

OIEJX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Income Fund R6 (OIEJX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
10.18%
12.23%
OIEJX
FXAIX

Returns By Period

In the year-to-date period, OIEJX achieves a 18.39% return, which is significantly lower than FXAIX's 25.57% return. Over the past 10 years, OIEJX has underperformed FXAIX with an annualized return of 8.70%, while FXAIX has yielded a comparatively higher 13.04% annualized return.


OIEJX

YTD

18.39%

1M

1.55%

6M

10.18%

1Y

24.60%

5Y (annualized)

9.45%

10Y (annualized)

8.70%

FXAIX

YTD

25.57%

1M

1.18%

6M

12.23%

1Y

32.20%

5Y (annualized)

15.59%

10Y (annualized)

13.04%

Key characteristics


OIEJXFXAIX
Sharpe Ratio2.412.61
Sortino Ratio3.413.49
Omega Ratio1.441.49
Calmar Ratio4.033.78
Martin Ratio15.5017.01
Ulcer Index1.59%1.88%
Daily Std Dev10.22%12.24%
Max Drawdown-36.88%-33.79%
Current Drawdown-1.22%-1.35%

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OIEJX vs. FXAIX - Expense Ratio Comparison

OIEJX has a 0.45% expense ratio, which is higher than FXAIX's 0.02% expense ratio.


OIEJX
JPMorgan Equity Income Fund R6
Expense ratio chart for OIEJX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Correlation

-0.50.00.51.00.9

The correlation between OIEJX and FXAIX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

OIEJX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Income Fund R6 (OIEJX) and Fidelity 500 Index Fund (FXAIX). 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.


Sharpe ratio
The chart of Sharpe ratio for OIEJX, currently valued at 2.41, compared to the broader market-1.000.001.002.003.004.005.002.412.61
The chart of Sortino ratio for OIEJX, currently valued at 3.41, compared to the broader market0.005.0010.003.413.49
The chart of Omega ratio for OIEJX, currently valued at 1.44, compared to the broader market1.002.003.004.001.441.49
The chart of Calmar ratio for OIEJX, currently valued at 4.03, compared to the broader market0.005.0010.0015.0020.0025.004.033.78
The chart of Martin ratio for OIEJX, currently valued at 15.50, compared to the broader market0.0020.0040.0060.0080.00100.0015.5017.01
OIEJX
FXAIX

The current OIEJX Sharpe Ratio is 2.41, which is comparable to the FXAIX Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of OIEJX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.41
2.61
OIEJX
FXAIX

Dividends

OIEJX vs. FXAIX - Dividend Comparison

OIEJX's dividend yield for the trailing twelve months is around 1.99%, more than FXAIX's 1.23% yield.


TTM20232022202120202019201820172016201520142013
OIEJX
JPMorgan Equity Income Fund R6
1.99%2.30%2.21%1.75%2.05%2.01%2.46%1.83%2.11%2.26%2.16%2.06%
FXAIX
Fidelity 500 Index Fund
1.23%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

OIEJX vs. FXAIX - Drawdown Comparison

The maximum OIEJX drawdown since its inception was -36.88%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for OIEJX and FXAIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.22%
-1.35%
OIEJX
FXAIX

Volatility

OIEJX vs. FXAIX - Volatility Comparison

The current volatility for JPMorgan Equity Income Fund R6 (OIEJX) is 3.73%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.06%. This indicates that OIEJX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.73%
4.06%
OIEJX
FXAIX