OIEJX vs. VIIIX
Compare and contrast key facts about JPMorgan Equity Income Fund R6 (OIEJX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX).
OIEJX is managed by JPMorgan Chase. It was launched on Jul 2, 1987. VIIIX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OIEJX or VIIIX.
Key characteristics
| OIEJX | VIIIX | |
|---|---|---|
| YTD Return | 19.14% | 26.79% |
| 1Y Return | 29.96% | 37.87% |
| 3Y Return (Ann) | 6.03% | 8.11% |
| 5Y Return (Ann) | 9.65% | 13.85% |
| 10Y Return (Ann) | 8.86% | 12.29% |
| Sharpe Ratio | 2.78 | 2.95 |
| Sortino Ratio | 3.93 | 3.95 |
| Omega Ratio | 1.51 | 1.55 |
| Calmar Ratio | 3.06 | 3.46 |
| Martin Ratio | 18.27 | 19.36 |
| Ulcer Index | 1.58% | 1.90% |
| Daily Std Dev | 10.35% | 12.45% |
| Max Drawdown | -36.88% | -55.18% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between OIEJX and VIIIX is 0.90, 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. VIIIX - Performance Comparison
In the year-to-date period, OIEJX achieves a 19.14% return, which is significantly lower than VIIIX's 26.79% return. Over the past 10 years, OIEJX has underperformed VIIIX with an annualized return of 8.86%, while VIIIX has yielded a comparatively higher 12.29% 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. VIIIX - Expense Ratio Comparison
OIEJX has a 0.45% expense ratio, which is higher than VIIIX's 0.02% expense ratio.
Risk-Adjusted Performance
OIEJX vs. VIIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Income Fund R6 (OIEJX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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. VIIIX - Dividend Comparison
OIEJX's dividend yield for the trailing twelve months is around 1.97%, more than VIIIX's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OIEJX JPMorgan Equity Income Fund R6 | 1.97% | 2.30% | 2.21% | 1.75% | 2.05% | 2.01% | 2.46% | 1.83% | 2.11% | 2.26% | 2.16% | 2.06% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 1.25% | 1.49% | 1.75% | 1.30% | 1.60% | 1.93% | 2.14% | 1.84% | 2.09% | 2.47% | 1.90% | 1.87% |
Drawdowns
OIEJX vs. VIIIX - Drawdown Comparison
The maximum OIEJX drawdown since its inception was -36.88%, smaller than the maximum VIIIX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for OIEJX and VIIIX. For additional features, visit the drawdowns tool.
Volatility
OIEJX vs. VIIIX - Volatility Comparison
JPMorgan Equity Income Fund R6 (OIEJX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) have volatilities of 4.00% and 3.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.