PTNQ vs. JHQAX
Compare and contrast key facts about Pacer Trendpilot 100 ETF (PTNQ) and JPMorgan Hedged Equity Fund (JHQAX).
PTNQ is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer NASDAQ-100 Trendpilot Index. It was launched on Jun 11, 2015. JHQAX is managed by JPMorgan Chase. It was launched on Dec 13, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTNQ or JHQAX.
Correlation
The correlation between PTNQ and JHQAX is 0.78, 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
PTNQ vs. JHQAX - Performance Comparison
Key characteristics
PTNQ:
1.86
JHQAX:
2.53
PTNQ:
2.56
JHQAX:
3.46
PTNQ:
1.34
JHQAX:
1.53
PTNQ:
2.42
JHQAX:
4.27
PTNQ:
9.02
JHQAX:
18.39
PTNQ:
2.03%
JHQAX:
1.13%
PTNQ:
9.85%
JHQAX:
8.19%
PTNQ:
-28.06%
JHQAX:
-18.82%
PTNQ:
-0.86%
JHQAX:
-0.27%
Returns By Period
In the year-to-date period, PTNQ achieves a 18.11% return, which is significantly lower than JHQAX's 20.50% return.
PTNQ
18.11%
2.99%
7.06%
18.32%
14.26%
N/A
JHQAX
20.50%
1.14%
8.83%
20.76%
10.52%
8.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PTNQ vs. JHQAX - Expense Ratio Comparison
PTNQ has a 0.65% expense ratio, which is lower than JHQAX's 0.83% expense ratio.
Risk-Adjusted Performance
PTNQ vs. JHQAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot 100 ETF (PTNQ) and JPMorgan Hedged Equity Fund (JHQAX). 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
PTNQ vs. JHQAX - Dividend Comparison
PTNQ's dividend yield for the trailing twelve months is around 1.25%, more than JHQAX's 0.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
PTNQ Pacer Trendpilot 100 ETF | 1.25% | 1.47% | 0.62% | 0.00% | 0.16% | 0.44% | 0.45% | 0.32% | 0.30% | 0.22% | 0.00% |
JHQAX JPMorgan Hedged Equity Fund | 0.33% | 0.74% | 0.74% | 0.50% | 0.89% | 0.89% | 0.91% | 0.75% | 1.11% | 0.97% | 1.07% |
Drawdowns
PTNQ vs. JHQAX - Drawdown Comparison
The maximum PTNQ drawdown since its inception was -28.06%, which is greater than JHQAX's maximum drawdown of -18.82%. Use the drawdown chart below to compare losses from any high point for PTNQ and JHQAX. For additional features, visit the drawdowns tool.
Volatility
PTNQ vs. JHQAX - Volatility Comparison
Pacer Trendpilot 100 ETF (PTNQ) has a higher volatility of 3.25% compared to JPMorgan Hedged Equity Fund (JHQAX) at 2.85%. This indicates that PTNQ's price experiences larger fluctuations and is considered to be riskier than JHQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.