PSOPX vs. VRTVX

Last updated Jun 4, 2026

PSOPX (JPMorgan Small Cap Value Fund) and VRTVX (Vanguard Russell 2000 Value Index Fund Institutional Shares) are both Small Cap Value Equities funds. Over the past 10 years, PSOPX returned 10.42%/yr vs 10.48%/yr for VRTVX. With a 0.99 correlation, they move nearly in lockstep. PSOPX charges 0.94%/yr vs 0.08%/yr for VRTVX.

Performance

PSOPX vs. VRTVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Small Cap Value Fund (PSOPX) and Vanguard Russell 2000 Value Index Fund Institutional Shares (VRTVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSOPX achieves a 17.52% return, which is significantly lower than VRTVX's 18.94% return. Both investments have delivered pretty close results over the past 10 years, with PSOPX having a 10.42% annualized return and VRTVX not far ahead at 10.48%.

PSOPX

• 1D: 1.07%
• 1M: 3.69%
• YTD: 17.52%
• 6M: 17.06%
• 1Y: 41.48%
• 3Y*: 19.72%
• 5Y*: 8.46%
• 10Y*: 10.42%

VRTVX

• 1D: 0.95%
• 1M: 4.04%
• YTD: 18.94%
• 6M: 18.07%
• 1Y: 43.21%
• 3Y*: 18.32%
• 5Y*: 6.89%
• 10Y*: 10.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PSOPX vs. VRTVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSOPX JPMorgan Small Cap Value Fund	17.52%	12.32%	15.20%	13.08%	-13.37%	32.44%	6.14%	19.14%	-13.97%	3.17%
VRTVX Vanguard Russell 2000 Value Index Fund Institutional Shares	18.94%	12.21%	8.07%	14.71%	-14.52%	28.06%	4.81%	22.40%	-12.83%	7.91%

Correlation

The correlation between PSOPX and VRTVX is 0.99 - 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	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Sep 23, 2010	0.99

The correlation between PSOPX and VRTVX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

Return for Risk

PSOPX vs. VRTVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PSOPX

PSOPX Risk / Return Rank: 74
PSOPX Sharpe Ratio Rank: 70
PSOPX Sortino Ratio Rank: 68
PSOPX Omega Ratio Rank: 55
PSOPX Calmar Ratio Rank: 90
PSOPX Martin Ratio Rank: 87

VRTVX

VRTVX Risk / Return Rank: 78
VRTVX Sharpe Ratio Rank: 77
VRTVX Sortino Ratio Rank: 73
VRTVX Omega Ratio Rank: 59
VRTVX Calmar Ratio Rank: 94
VRTVX Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PSOPX vs. VRTVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Small Cap Value Fund (PSOPX) and Vanguard Russell 2000 Value Index Fund Institutional Shares (VRTVX). 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.

	PSOPX	VRTVX	Difference
Sharpe ratio: Return per unit of total volatility	2.44	2.54	-0.10
Sortino ratio: Return per unit of downside risk	3.43	3.54	-0.11
Omega ratio: Gain probability vs. loss probability	1.41	1.43	-0.02
Calmar ratio: Return relative to maximum drawdown	4.62	5.34	-0.73
Martin ratio: Return relative to average drawdown	16.70	18.14	-1.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSOPX vs. VRTVX - Sharpe Ratio Comparison

The current PSOPX Sharpe Ratio is 2.44, which is comparable to the VRTVX Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of PSOPX and VRTVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PSOPX	VRTVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.44	2.54	-0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.32	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	0.44	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.48	-0.02

Drawdowns

PSOPX vs. VRTVX - Drawdown Comparison

The maximum PSOPX drawdown since its inception was -60.75%, which is greater than VRTVX's maximum drawdown of -45.98%. Use the drawdown chart below to compare losses from any high point for PSOPX and VRTVX.

Drawdown Indicators

	PSOPX	VRTVX	Difference
Max Drawdown Largest peak-to-trough decline	-60.75%	-45.98%	-14.77%
Max Drawdown (1Y) Largest decline over 1 year	-9.46%	-8.54%	-0.92%
Max Drawdown (3Y) Largest decline over 3 years	-23.50%	-26.85%	+3.35%
Max Drawdown (5Y) Largest decline over 5 years	-24.08%	-26.85%	+2.77%
Max Drawdown (10Y) Largest decline over 10 years	-46.52%	-45.98%	-0.54%
Current Drawdown Current decline from peak	-0.12%	-0.25%	+0.13%
Average Drawdown Average peak-to-trough decline	-10.27%	-7.78%	-2.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	2.51%	+0.10%

Volatility

PSOPX vs. VRTVX - Volatility Comparison

JPMorgan Small Cap Value Fund (PSOPX) and Vanguard Russell 2000 Value Index Fund Institutional Shares (VRTVX) have volatilities of 5.07% and 4.90%, 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.

Volatility by Period

	PSOPX	VRTVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	4.90%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	12.33%	11.98%	+0.35%
Volatility (1Y) Calculated over the trailing 1-year period	17.88%	17.95%	-0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.41%	21.67%	-0.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.56%	23.71%	-0.15%

PSOPX vs. VRTVX - Expense Ratio Comparison

PSOPX has a 0.94% expense ratio, which is higher than VRTVX's 0.08% expense ratio.

Dividends

PSOPX vs. VRTVX - Dividend Comparison

PSOPX's dividend yield for the trailing twelve months is around 7.89%, more than VRTVX's 1.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSOPX JPMorgan Small Cap Value Fund	7.89%	9.31%	12.79%	1.59%	9.50%	16.48%	0.74%	6.38%	16.22%	6.38%	0.73%	5.58%
VRTVX Vanguard Russell 2000 Value Index Fund Institutional Shares	1.58%	1.49%	1.84%	2.08%	2.15%	1.56%	1.54%	1.87%	2.17%	1.74%	1.52%	2.16%

Frequently Asked Questions

Can I hold both PSOPX and VRTVX in my portfolio?

With a correlation of 0.99, PSOPX and VRTVX 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.

Which is riskier, PSOPX or VRTVX?

PSOPX has higher volatility (5.07%) compared to VRTVX (4.90%). In terms of maximum drawdown, PSOPX dropped -60.75% vs VRTVX's -45.98%.

Which has better risk-adjusted returns?

VRTVX currently has the higher Sharpe Ratio (2.54 vs 2.44), 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.