OIEJX vs. WOBDX
OIEJX (JPMorgan Equity Income Fund R6) and WOBDX (JPMorgan Core Bond Fund) are both mutual funds - OIEJX is a Large Cap Value Equities fund actively managed by JPMorgan, while WOBDX is a Intermediate Core Bond fund managed by JPMorgan. Over the past 10 years, OIEJX returned 12.88%/yr vs 1.83%/yr for WOBDX. At a correlation of -0.14, they often move in opposite directions. OIEJX charges 0.45%/yr vs 0.50%/yr for WOBDX.
Performance
OIEJX vs. WOBDX - Performance Comparison
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Returns By Period
In the year-to-date period, OIEJX achieves a 13.03% return, which is significantly higher than WOBDX's 0.25% return. Over the past 10 years, OIEJX has outperformed WOBDX with an annualized return of 12.88%, while WOBDX has yielded a comparatively lower 1.83% 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%
WOBDX
- 1D
- -0.29%
- 1M
- 0.54%
- YTD
- 0.25%
- 6M
- 0.30%
- 1Y
- 4.11%
- 3Y*
- 4.11%
- 5Y*
- 0.37%
- 10Y*
- 1.83%
OIEJX vs. WOBDX - 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% |
WOBDX JPMorgan Core Bond Fund | 0.25% | 7.38% | 1.97% | 5.79% | -12.35% | -1.11% | 8.13% | 8.34% | 0.20% | 3.81% |
Correlation
The correlation between OIEJX and WOBDX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2012 | -0.14 |
The correlation between OIEJX and WOBDX shifts across timeframes, from -0.14 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
OIEJX vs. WOBDX — Risk / Return Rank
OIEJX
WOBDX
OIEJX vs. WOBDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Income Fund R6 (OIEJX) and JPMorgan Core Bond Fund (WOBDX). 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 | WOBDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.20 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.64 | 1.45 | +2.19 |
| Martin ratioReturn relative to average drawdown | 13.95 | 4.04 | +9.92 |
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Drawdowns
OIEJX vs. WOBDX - Drawdown Comparison
The maximum OIEJX drawdown since its inception was -36.88%, which is greater than WOBDX's maximum drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for OIEJX and WOBDX.
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Drawdown Indicators
| OIEJX | WOBDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.88% | -16.65% | -20.23% |
Max Drawdown (1Y)Largest decline over 1 year | -7.08% | -2.99% | -4.09% |
Max Drawdown (3Y)Largest decline over 3 years | -14.16% | -5.96% | -8.20% |
Max Drawdown (5Y)Largest decline over 5 years | -14.74% | -16.65% | +1.91% |
Max Drawdown (10Y)Largest decline over 10 years | -36.88% | -16.65% | -20.23% |
Current DrawdownCurrent decline from peak | -0.11% | -1.80% | +1.69% |
Average DrawdownAverage peak-to-trough decline | -3.00% | -1.90% | -1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 1.07% | +0.77% |
Volatility
OIEJX vs. WOBDX - Volatility Comparison
JPMorgan Equity Income Fund R6 (OIEJX) has a higher volatility of 3.30% compared to JPMorgan Core Bond Fund (WOBDX) at 1.07%. This indicates that OIEJX's price experiences larger fluctuations and is considered to be riskier than WOBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OIEJX | WOBDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.30% | 1.07% | +2.23% |
Volatility (6M)Calculated over the trailing 6-month period | 8.06% | 2.82% | +5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.59% | 3.82% | +6.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 5.70% | +8.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.80% | 4.71% | +12.09% |
OIEJX vs. WOBDX - Expense Ratio Comparison
OIEJX has a 0.45% expense ratio, which is lower than WOBDX's 0.50% expense ratio.
Dividends
OIEJX vs. WOBDX - Dividend Comparison
OIEJX's dividend yield for the trailing twelve months is around 9.81%, more than WOBDX's 4.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WOBDX JPMorgan Core Bond Fund | 4.07% | 3.97% | 3.95% | 3.51% | 2.68% | 2.82% | 4.00% | 3.23% | 2.91% | 2.88% | 2.84% | 2.54% |
Frequently Asked Questions
OIEJX and WOBDX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OIEJX has higher volatility (3.30%) compared to WOBDX (1.07%). In terms of maximum drawdown, OIEJX dropped -36.88% vs WOBDX's -16.65%.
OIEJX currently has the higher Sharpe Ratio (2.44 vs 1.14), 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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