ONGFX vs. SPY
Compare and contrast key facts about JPMorgan Investor Growth & Income Fund (ONGFX) and SPDR S&P 500 ETF (SPY).
ONGFX is managed by JPMorgan Chase. It was launched on Dec 9, 1996. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ONGFX or SPY.
Correlation
The correlation between ONGFX and SPY is 0.96, 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
ONGFX vs. SPY - Performance Comparison
Key characteristics
ONGFX:
0.67
SPY:
0.54
ONGFX:
1.01
SPY:
0.89
ONGFX:
1.14
SPY:
1.13
ONGFX:
0.71
SPY:
0.58
ONGFX:
3.07
SPY:
2.39
ONGFX:
2.63%
SPY:
4.51%
ONGFX:
11.97%
SPY:
20.07%
ONGFX:
-40.83%
SPY:
-55.19%
ONGFX:
-5.30%
SPY:
-10.54%
Returns By Period
In the year-to-date period, ONGFX achieves a -1.73% return, which is significantly higher than SPY's -6.44% return. Over the past 10 years, ONGFX has underperformed SPY with an annualized return of 7.27%, while SPY has yielded a comparatively higher 11.95% annualized return.
ONGFX
-1.73%
-2.86%
-2.37%
7.18%
10.27%
7.27%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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ONGFX vs. SPY - Expense Ratio Comparison
ONGFX has a 0.32% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ONGFX vs. SPY — Risk-Adjusted Performance Rank
ONGFX
SPY
ONGFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Investor Growth & Income Fund (ONGFX) and SPDR S&P 500 ETF (SPY). 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
ONGFX vs. SPY - Dividend Comparison
ONGFX's dividend yield for the trailing twelve months is around 4.74%, more than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ONGFX JPMorgan Investor Growth & Income Fund | 4.74% | 4.59% | 3.51% | 7.87% | 4.45% | 7.47% | 7.62% | 8.88% | 8.74% | 4.74% | 5.82% | 4.60% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ONGFX vs. SPY - Drawdown Comparison
The maximum ONGFX drawdown since its inception was -40.83%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ONGFX and SPY. For additional features, visit the drawdowns tool.
Volatility
ONGFX vs. SPY - Volatility Comparison
The current volatility for JPMorgan Investor Growth & Income Fund (ONGFX) is 8.31%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.13%. This indicates that ONGFX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.