PYFRX vs. JPHSX
Compare and contrast key facts about Payden Floating Rate Fund (PYFRX) and JPMorgan Floating Rate Income Fund (JPHSX).
PYFRX is managed by Paydenfunds. It was launched on Nov 10, 2013. JPHSX is managed by JPMorgan. It was launched on May 31, 2011.
Performance
PYFRX vs. JPHSX - Performance Comparison
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PYFRX vs. JPHSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYFRX Payden Floating Rate Fund | -0.20% | 6.61% | 8.90% | 12.86% | 0.27% | 3.93% | 1.72% | 8.49% | 0.31% | 2.82% |
JPHSX JPMorgan Floating Rate Income Fund | -0.72% | 0.89% | 7.14% | 11.07% | -2.13% | 4.57% | 1.28% | 7.15% | -0.31% | 3.05% |
Returns By Period
In the year-to-date period, PYFRX achieves a -0.20% return, which is significantly higher than JPHSX's -0.72% return. Over the past 10 years, PYFRX has outperformed JPHSX with an annualized return of 5.03%, while JPHSX has yielded a comparatively lower 3.86% annualized return.
PYFRX
- 1D
- 0.11%
- 1M
- 0.46%
- YTD
- -0.20%
- 6M
- 1.50%
- 1Y
- 5.81%
- 3Y*
- 8.18%
- 5Y*
- 6.13%
- 10Y*
- 5.03%
JPHSX
- 1D
- 0.13%
- 1M
- 0.13%
- YTD
- -0.72%
- 6M
- -0.29%
- 1Y
- 1.30%
- 3Y*
- 5.01%
- 5Y*
- 3.73%
- 10Y*
- 3.86%
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PYFRX vs. JPHSX - Expense Ratio Comparison
PYFRX has a 0.70% expense ratio, which is lower than JPHSX's 0.75% expense ratio.
Return for Risk
PYFRX vs. JPHSX — Risk / Return Rank
PYFRX
JPHSX
PYFRX vs. JPHSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Payden Floating Rate Fund (PYFRX) and JPMorgan Floating Rate Income Fund (JPHSX). 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.
| PYFRX | JPHSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.81 | 0.42 | +2.39 |
Sortino ratioReturn per unit of downside risk | 3.65 | 0.51 | +3.14 |
Omega ratioGain probability vs. loss probability | 1.93 | 1.11 | +0.82 |
Calmar ratioReturn relative to maximum drawdown | 2.45 | 0.35 | +2.10 |
Martin ratioReturn relative to average drawdown | 11.59 | 1.23 | +10.36 |
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
| PYFRX | JPHSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.81 | 0.42 | +2.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 3.18 | 1.66 | +1.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.39 | 1.06 | +0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.36 | 1.06 | +0.30 |
Correlation
The correlation between PYFRX and JPHSX is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
PYFRX vs. JPHSX - Dividend Comparison
PYFRX's dividend yield for the trailing twelve months is around 7.22%, more than JPHSX's 7.05% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PYFRX Payden Floating Rate Fund | 7.22% | 7.55% | 8.88% | 8.35% | 5.08% | 2.94% | 3.19% | 4.45% | 4.22% | 3.30% | 3.53% | 3.17% |
JPHSX JPMorgan Floating Rate Income Fund | 7.05% | 6.84% | 9.21% | 7.94% | 5.12% | 3.34% | 3.88% | 5.27% | 4.57% | 3.78% | 4.49% | 4.52% |
Drawdowns
PYFRX vs. JPHSX - Drawdown Comparison
The maximum PYFRX drawdown since its inception was -20.18%, roughly equal to the maximum JPHSX drawdown of -20.95%. Use the drawdown chart below to compare losses from any high point for PYFRX and JPHSX.
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Drawdown Indicators
| PYFRX | JPHSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.18% | -20.95% | +0.77% |
Max Drawdown (1Y)Largest decline over 1 year | -2.18% | -2.20% | +0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -4.80% | -6.84% | +2.04% |
Max Drawdown (10Y)Largest decline over 10 years | -20.18% | -20.95% | +0.77% |
Current DrawdownCurrent decline from peak | -0.51% | -1.03% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -0.60% | -1.02% | +0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.48% | 0.65% | -0.17% |
Volatility
PYFRX vs. JPHSX - Volatility Comparison
The current volatility for Payden Floating Rate Fund (PYFRX) is 0.64%, while JPMorgan Floating Rate Income Fund (JPHSX) has a volatility of 0.92%. This indicates that PYFRX experiences smaller price fluctuations and is considered to be less risky than JPHSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PYFRX | JPHSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.64% | 0.92% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 0.97% | 1.81% | -0.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.04% | 2.86% | -0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.94% | 2.26% | -0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.62% | 3.65% | -0.03% |