ONGIX vs. IVV
ONGIX (JPMorgan Investor Growth and Income Fund Class A) and IVV (iShares Core S&P 500 ETF) are both funds - ONGIX is a Diversified Portfolio fund actively managed by JPMorgan, while IVV is a S&P 500 fund tracking the S&P 500 Index. ONGIX is actively managed, while IVV is passively managed. Over the past 10 years, ONGIX returned 9.66%/yr vs 15.47%/yr for IVV. With a 0.95 correlation, they move nearly in lockstep. ONGIX charges 0.95%/yr vs 0.03%/yr for IVV.
Performance
ONGIX vs. IVV - Performance Comparison
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Returns By Period
In the year-to-date period, ONGIX achieves a 5.32% return, which is significantly lower than IVV's 9.08% return. Over the past 10 years, ONGIX has underperformed IVV with an annualized return of 9.66%, while IVV has yielded a comparatively higher 15.47% annualized return.
ONGIX
- 1D
- 1.65%
- 1M
- 1.14%
- YTD
- 5.32%
- 6M
- 5.58%
- 1Y
- 15.72%
- 3Y*
- 13.26%
- 5Y*
- 6.91%
- 10Y*
- 9.66%
IVV
- 1D
- 0.55%
- 1M
- 0.36%
- YTD
- 9.08%
- 6M
- 9.43%
- 1Y
- 25.77%
- 3Y*
- 20.95%
- 5Y*
- 13.42%
- 10Y*
- 15.47%
ONGIX vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ONGIX JPMorgan Investor Growth and Income Fund Class A | 5.32% | 13.92% | 11.36% | 17.26% | -14.81% | 14.68% | 16.97% | 20.64% | -6.57% | 16.70% |
IVV iShares Core S&P 500 ETF | 9.08% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Correlation
The correlation between ONGIX and IVV is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since May 19, 2000 | 0.95 |
The correlation between ONGIX and IVV has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
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Return for Risk
ONGIX vs. IVV — Risk / Return Rank
ONGIX
IVV
ONGIX vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Investor Growth and Income Fund Class A (ONGIX) and iShares Core S&P 500 ETF (IVV). 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.
| ONGIX | IVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.36 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 2.76 | -0.54 |
| Martin ratioReturn relative to average drawdown | 9.37 | 12.43 | -3.06 |
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Drawdowns
ONGIX vs. IVV - Drawdown Comparison
The maximum ONGIX drawdown since its inception was -41.01%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for ONGIX and IVV.
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Drawdown Indicators
| ONGIX | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.01% | -55.25% | +14.24% |
Max Drawdown (1Y)Largest decline over 1 year | -6.85% | -8.89% | +2.04% |
Max Drawdown (3Y)Largest decline over 3 years | -11.43% | -18.75% | +7.32% |
Max Drawdown (5Y)Largest decline over 5 years | -20.47% | -24.53% | +4.06% |
Max Drawdown (10Y)Largest decline over 10 years | -25.83% | -33.90% | +8.07% |
Current DrawdownCurrent decline from peak | -1.29% | -2.35% | +1.06% |
Average DrawdownAverage peak-to-trough decline | -5.54% | -10.77% | +5.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 1.97% | -0.36% |
Volatility
ONGIX vs. IVV - Volatility Comparison
The current volatility for JPMorgan Investor Growth and Income Fund Class A (ONGIX) is 3.64%, while iShares Core S&P 500 ETF (IVV) has a volatility of 4.37%. This indicates that ONGIX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ONGIX | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.64% | 4.37% | -0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 7.41% | 9.59% | -2.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.08% | 12.28% | -3.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.19% | 16.95% | -5.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.87% | 18.08% | -6.21% |
ONGIX vs. IVV - Expense Ratio Comparison
ONGIX has a 0.95% expense ratio, which is higher than IVV's 0.03% expense ratio.
Dividends
ONGIX vs. IVV - Dividend Comparison
ONGIX's dividend yield for the trailing twelve months is around 4.37%, more than IVV's 1.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVV iShares Core S&P 500 ETF | 1.08% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
ONGIX JPMorgan Investor Growth and Income Fund Class A | 4.37% | 4.56% | 4.25% | 3.17% | 7.44% | 4.74% | 7.10% | 7.23% | 8.43% | 8.34% | 4.42% | 5.45% |
Frequently Asked Questions
With a correlation of 0.95, ONGIX and IVV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
IVV has higher volatility (4.37%) compared to ONGIX (3.64%). In terms of maximum drawdown, ONGIX dropped -41.01% vs IVV's -55.25%.
IVV currently has the higher Sharpe Ratio (2.00 vs 1.67), 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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