ONIFX vs. SPY
Compare and contrast key facts about JPMorgan Investor Growth Fund (ONIFX) and SPDR S&P 500 ETF (SPY).
ONIFX 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: ONIFX or SPY.
Correlation
The correlation between ONIFX 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
ONIFX vs. SPY - Performance Comparison
Key characteristics
ONIFX:
0.41
SPY:
0.51
ONIFX:
0.69
SPY:
0.86
ONIFX:
1.10
SPY:
1.13
ONIFX:
0.42
SPY:
0.55
ONIFX:
1.74
SPY:
2.26
ONIFX:
3.69%
SPY:
4.55%
ONIFX:
15.54%
SPY:
20.08%
ONIFX:
-55.15%
SPY:
-55.19%
ONIFX:
-6.99%
SPY:
-9.89%
Returns By Period
In the year-to-date period, ONIFX achieves a -2.04% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, ONIFX has underperformed SPY with an annualized return of 4.03%, while SPY has yielded a comparatively higher 11.99% annualized return.
ONIFX
-2.04%
-2.23%
-3.49%
7.08%
9.32%
4.03%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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ONIFX vs. SPY - Expense Ratio Comparison
ONIFX has a 0.32% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ONIFX vs. SPY — Risk-Adjusted Performance Rank
ONIFX
SPY
ONIFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Investor Growth Fund (ONIFX) 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
ONIFX vs. SPY - Dividend Comparison
ONIFX's dividend yield for the trailing twelve months is around 2.52%, more than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ONIFX JPMorgan Investor Growth Fund | 2.52% | 2.46% | 1.51% | 1.43% | 2.73% | 1.26% | 1.30% | 2.81% | 1.98% | 1.34% | 1.56% | 2.24% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ONIFX vs. SPY - Drawdown Comparison
The maximum ONIFX drawdown since its inception was -55.15%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ONIFX and SPY. For additional features, visit the drawdowns tool.
Volatility
ONIFX vs. SPY - Volatility Comparison
The current volatility for JPMorgan Investor Growth Fund (ONIFX) is 10.89%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that ONIFX 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.