OLVAX vs. FADMX
Compare and contrast key facts about JPMorgan Large Cap Value Fund Class A (OLVAX) and Fidelity Strategic Income Fund (FADMX).
OLVAX is managed by JPMorgan Chase. It was launched on Feb 18, 1992. FADMX is managed by Fidelity. It was launched on Oct 31, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OLVAX or FADMX.
Correlation
The correlation between OLVAX and FADMX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
OLVAX vs. FADMX - Performance Comparison
Key characteristics
OLVAX:
0.57
FADMX:
2.09
OLVAX:
0.78
FADMX:
3.17
OLVAX:
1.13
FADMX:
1.39
OLVAX:
0.54
FADMX:
1.48
OLVAX:
1.49
FADMX:
9.10
OLVAX:
5.89%
FADMX:
0.83%
OLVAX:
15.34%
FADMX:
3.60%
OLVAX:
-69.35%
FADMX:
-16.68%
OLVAX:
-12.93%
FADMX:
-0.57%
Returns By Period
In the year-to-date period, OLVAX achieves a 3.12% return, which is significantly higher than FADMX's 1.20% return.
OLVAX
3.12%
-1.52%
-2.70%
7.37%
7.20%
4.29%
FADMX
1.20%
0.33%
1.85%
7.72%
2.17%
N/A
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OLVAX vs. FADMX - Expense Ratio Comparison
OLVAX has a 0.93% expense ratio, which is higher than FADMX's 0.66% expense ratio.
Risk-Adjusted Performance
OLVAX vs. FADMX — Risk-Adjusted Performance Rank
OLVAX
FADMX
OLVAX vs. FADMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Large Cap Value Fund Class A (OLVAX) and Fidelity Strategic Income Fund (FADMX). 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
OLVAX vs. FADMX - Dividend Comparison
OLVAX's dividend yield for the trailing twelve months is around 1.11%, less than FADMX's 4.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OLVAX JPMorgan Large Cap Value Fund Class A | 1.11% | 1.14% | 1.40% | 1.13% | 0.63% | 0.82% | 1.12% | 1.29% | 0.77% | 1.04% | 1.28% | 1.22% |
FADMX Fidelity Strategic Income Fund | 4.16% | 4.21% | 4.32% | 3.67% | 2.75% | 3.33% | 3.46% | 2.61% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
OLVAX vs. FADMX - Drawdown Comparison
The maximum OLVAX drawdown since its inception was -69.35%, which is greater than FADMX's maximum drawdown of -16.68%. Use the drawdown chart below to compare losses from any high point for OLVAX and FADMX. For additional features, visit the drawdowns tool.
Volatility
OLVAX vs. FADMX - Volatility Comparison
JPMorgan Large Cap Value Fund Class A (OLVAX) has a higher volatility of 3.16% compared to Fidelity Strategic Income Fund (FADMX) at 0.97%. This indicates that OLVAX's price experiences larger fluctuations and is considered to be riskier than FADMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.