OIEJX vs. VIGIX
Compare and contrast key facts about JPMorgan Equity Income Fund R6 (OIEJX) and Vanguard Growth Index Fund Institutional Shares (VIGIX).
OIEJX is managed by JPMorgan Chase. It was launched on Jul 2, 1987. VIGIX is managed by Vanguard. It was launched on May 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OIEJX or VIGIX.
Key characteristics
| OIEJX | VIGIX | |
|---|---|---|
| YTD Return | 5.04% | 6.65% |
| 1Y Return | 11.08% | 34.21% |
| 3Y Return (Ann) | 6.24% | 6.92% |
| 5Y Return (Ann) | 9.59% | 16.02% |
| 10Y Return (Ann) | 9.77% | 14.78% |
| Sharpe Ratio | 1.07 | 2.15 |
| Daily Std Dev | 10.62% | 15.79% |
| Max Drawdown | -36.88% | -56.81% |
| Current Drawdown | -2.20% | -4.52% |
Correlation
The correlation between OIEJX and VIGIX is 0.77, 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.
Performance
OIEJX vs. VIGIX - Performance Comparison
In the year-to-date period, OIEJX achieves a 5.04% return, which is significantly lower than VIGIX's 6.65% return. Over the past 10 years, OIEJX has underperformed VIGIX with an annualized return of 9.77%, while VIGIX has yielded a comparatively higher 14.78% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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OIEJX vs. VIGIX - Expense Ratio Comparison
OIEJX has a 0.45% expense ratio, which is higher than VIGIX's 0.04% expense ratio.
Risk-Adjusted Performance
OIEJX vs. VIGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Income Fund R6 (OIEJX) and Vanguard Growth Index Fund Institutional Shares (VIGIX). 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
OIEJX vs. VIGIX - Dividend Comparison
OIEJX's dividend yield for the trailing twelve months is around 2.86%, more than VIGIX's 0.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OIEJX JPMorgan Equity Income Fund R6 | 2.86% | 3.01% | 3.93% | 3.57% | 2.04% | 3.01% | 5.38% | 2.70% | 2.71% | 2.26% | 4.11% | 3.72% |
VIGIX Vanguard Growth Index Fund Institutional Shares | 0.56% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.15% | 1.40% | 1.31% | 1.22% | 1.20% |
Drawdowns
OIEJX vs. VIGIX - Drawdown Comparison
The maximum OIEJX drawdown since its inception was -36.88%, smaller than the maximum VIGIX drawdown of -56.81%. Use the drawdown chart below to compare losses from any high point for OIEJX and VIGIX. For additional features, visit the drawdowns tool.
Volatility
OIEJX vs. VIGIX - Volatility Comparison
The current volatility for JPMorgan Equity Income Fund R6 (OIEJX) is 3.34%, while Vanguard Growth Index Fund Institutional Shares (VIGIX) has a volatility of 4.87%. This indicates that OIEJX experiences smaller price fluctuations and is considered to be less risky than VIGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.