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 0.94, 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:
1.33
SPY:
1.75
ONGFX:
1.87
SPY:
2.36
ONGFX:
1.24
SPY:
1.32
ONGFX:
1.53
SPY:
2.66
ONGFX:
5.87
SPY:
11.01
ONGFX:
1.99%
SPY:
2.03%
ONGFX:
8.79%
SPY:
12.77%
ONGFX:
-46.81%
SPY:
-55.19%
ONGFX:
-2.75%
SPY:
-2.12%
Returns By Period
In the year-to-date period, ONGFX achieves a 2.49% return, which is significantly higher than SPY's 2.36% return. Over the past 10 years, ONGFX has underperformed SPY with an annualized return of 3.51%, while SPY has yielded a comparatively higher 12.96% annualized return.
ONGFX
2.49%
-0.26%
1.52%
10.33%
5.04%
3.51%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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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 2.91%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ONGFX JPMorgan Investor Growth & Income Fund | 2.91% | 2.98% | 2.13% | 1.88% | 2.70% | 1.66% | 1.77% | 2.96% | 2.18% | 1.71% | 1.86% | 2.24% |
SPY SPDR S&P 500 ETF | 1.18% | 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 -46.81%, 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 2.20%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.38%. 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.