PQIAX vs. OIEJX
Compare and contrast key facts about Principal Equity Income Fund (PQIAX) and JPMorgan Equity Income Fund R6 (OIEJX).
PQIAX is managed by Principal. It was launched on May 31, 1939. OIEJX is managed by JPMorgan. It was launched on Jul 2, 1987.
Performance
PQIAX vs. OIEJX - Performance Comparison
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PQIAX vs. OIEJX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PQIAX Principal Equity Income Fund | 1.77% | 15.29% | 26.56% | 10.77% | -10.82% | 21.88% | 6.12% | 28.44% | -5.44% | 20.53% |
OIEJX JPMorgan Equity Income Fund R6 | 1.64% | 14.95% | 19.97% | 5.05% | -1.63% | 25.41% | 3.87% | 26.61% | -4.23% | 17.85% |
Returns By Period
In the year-to-date period, PQIAX achieves a 1.77% return, which is significantly higher than OIEJX's 1.64% return. Both investments have delivered pretty close results over the past 10 years, with PQIAX having a 12.02% annualized return and OIEJX not far behind at 11.66%.
PQIAX
- 1D
- 1.99%
- 1M
- -4.23%
- YTD
- 1.77%
- 6M
- 5.30%
- 1Y
- 16.58%
- 3Y*
- 18.05%
- 5Y*
- 10.52%
- 10Y*
- 12.02%
OIEJX
- 1D
- 1.91%
- 1M
- -4.62%
- YTD
- 1.64%
- 6M
- 4.35%
- 1Y
- 13.78%
- 3Y*
- 14.62%
- 5Y*
- 10.50%
- 10Y*
- 11.66%
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PQIAX vs. OIEJX - Expense Ratio Comparison
PQIAX has a 0.86% expense ratio, which is higher than OIEJX's 0.45% expense ratio.
Return for Risk
PQIAX vs. OIEJX — Risk / Return Rank
PQIAX
OIEJX
PQIAX vs. OIEJX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Equity Income Fund (PQIAX) and JPMorgan Equity Income Fund R6 (OIEJX). 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.
| PQIAX | OIEJX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.08 | 0.90 | +0.18 |
Sortino ratioReturn per unit of downside risk | 1.60 | 1.31 | +0.29 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.20 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.50 | 1.33 | +0.18 |
Martin ratioReturn relative to average drawdown | 6.81 | 5.68 | +1.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PQIAX | OIEJX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 0.90 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.74 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.70 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.76 | -0.35 |
Correlation
The correlation between PQIAX and OIEJX 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.
Dividends
PQIAX vs. OIEJX - Dividend Comparison
PQIAX's dividend yield for the trailing twelve months is around 9.77%, less than OIEJX's 10.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PQIAX Principal Equity Income Fund | 9.77% | 9.92% | 20.62% | 2.58% | 5.37% | 5.05% | 1.52% | 4.30% | 7.41% | 6.28% | 3.73% | 2.11% |
OIEJX JPMorgan Equity Income Fund R6 | 10.94% | 11.06% | 14.67% | 3.01% | 3.93% | 3.57% | 2.04% | 3.01% | 5.37% | 2.70% | 2.71% | 3.03% |
Drawdowns
PQIAX vs. OIEJX - Drawdown Comparison
The maximum PQIAX drawdown since its inception was -54.68%, which is greater than OIEJX's maximum drawdown of -36.88%. Use the drawdown chart below to compare losses from any high point for PQIAX and OIEJX.
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Drawdown Indicators
| PQIAX | OIEJX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.68% | -36.88% | -17.80% |
Max Drawdown (1Y)Largest decline over 1 year | -11.77% | -11.34% | -0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -21.22% | -14.74% | -6.48% |
Max Drawdown (10Y)Largest decline over 10 years | -37.67% | -36.88% | -0.79% |
Current DrawdownCurrent decline from peak | -5.21% | -5.30% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -7.04% | -3.03% | -4.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 2.65% | -0.05% |
Volatility
PQIAX vs. OIEJX - Volatility Comparison
Principal Equity Income Fund (PQIAX) and JPMorgan Equity Income Fund R6 (OIEJX) have volatilities of 4.01% and 4.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PQIAX | OIEJX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.01% | 4.07% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 8.14% | 7.87% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.55% | 15.26% | +0.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.28% | 14.30% | +0.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.41% | 16.77% | -0.36% |