QCLR vs. JHEQX
Compare and contrast key facts about Global X NASDAQ 100 Collar 95-110 ETF (QCLR) and JPMorgan Hedged Equity Fund Class I (JHEQX).
QCLR is a passively managed fund by Global X that tracks the performance of the NASDAQ-100 Quarterly Collar 95-110 Index. It was launched on Aug 25, 2021. JHEQX 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: QCLR or JHEQX.
Key characteristics
| QCLR | JHEQX | |
|---|---|---|
| YTD Return | 18.68% | 19.80% |
| 1Y Return | 30.42% | 24.70% |
| 3Y Return (Ann) | 6.87% | 8.92% |
| Sharpe Ratio | 2.41 | 3.07 |
| Sortino Ratio | 3.39 | 4.34 |
| Omega Ratio | 1.44 | 1.66 |
| Calmar Ratio | 3.58 | 4.96 |
| Martin Ratio | 10.47 | 22.26 |
| Ulcer Index | 2.83% | 1.08% |
| Daily Std Dev | 12.27% | 7.81% |
| Max Drawdown | -21.77% | -18.85% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between QCLR and JHEQX is 0.76, 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
QCLR vs. JHEQX - Performance Comparison
In the year-to-date period, QCLR achieves a 18.68% return, which is significantly lower than JHEQX's 19.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QCLR vs. JHEQX - Expense Ratio Comparison
QCLR has a 0.60% expense ratio, which is higher than JHEQX's 0.58% expense ratio.
Risk-Adjusted Performance
QCLR vs. JHEQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Collar 95-110 ETF (QCLR) and JPMorgan Hedged Equity Fund Class I (JHEQX). 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
QCLR vs. JHEQX - Dividend Comparison
QCLR's dividend yield for the trailing twelve months is around 0.58%, less than JHEQX's 0.77% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
QCLR Global X NASDAQ 100 Collar 95-110 ETF | 0.58% | 0.47% | 0.28% | 1.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JHEQX JPMorgan Hedged Equity Fund Class I | 0.77% | 0.98% | 0.98% | 0.71% | 1.11% | 1.11% | 1.13% | 0.99% | 1.35% | 1.22% | 1.07% |
Drawdowns
QCLR vs. JHEQX - Drawdown Comparison
The maximum QCLR drawdown since its inception was -21.77%, which is greater than JHEQX's maximum drawdown of -18.85%. Use the drawdown chart below to compare losses from any high point for QCLR and JHEQX. For additional features, visit the drawdowns tool.
Volatility
QCLR vs. JHEQX - Volatility Comparison
Global X NASDAQ 100 Collar 95-110 ETF (QCLR) has a higher volatility of 3.49% compared to JPMorgan Hedged Equity Fund Class I (JHEQX) at 2.42%. This indicates that QCLR's price experiences larger fluctuations and is considered to be riskier than JHEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.