SHIIX vs. JHQDX

Last updated Apr 1, 2026

Compare and contrast key facts about Catalyst Buffered Shield Fund (SHIIX) and JPMorgan Hedged Equity 2 Fund Class I (JHQDX).

SHIIX is managed by Catalyst Mutual Funds. It was launched on Apr 13, 2015. JHQDX is managed by JPMorgan. It was launched on Feb 26, 2021.

Performance

SHIIX vs. JHQDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catalyst Buffered Shield Fund (SHIIX) and JPMorgan Hedged Equity 2 Fund Class I (JHQDX). The values are adjusted to include any dividend payments, if applicable.

SHIIX vs. JHQDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SHIIX Catalyst Buffered Shield Fund	-3.13%	10.88%	13.57%	14.03%	-18.44%	13.60%
JHQDX JPMorgan Hedged Equity 2 Fund Class I	-4.08%	7.56%	18.03%	15.26%	-13.30%	14.40%

Returns By Period

In the year-to-date period, SHIIX achieves a -3.13% return, which is significantly higher than JHQDX's -4.08% return.

SHIIX

• 1D: -0.09%
• 1M: -4.09%
• YTD: -3.13%
• 6M: -1.09%
• 1Y: 10.03%
• 3Y*: 10.44%
• 5Y*: 4.67%
• 10Y*: 6.69%

JHQDX

• 1D: -0.16%
• 1M: -4.75%
• YTD: -4.08%
• 6M: -2.36%
• 1Y: 5.44%
• 3Y*: 9.31%
• 5Y*: 6.27%
• 10Y*: —

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

SHIIX vs. JHQDX - Expense Ratio Comparison

SHIIX has a 1.23% expense ratio, which is higher than JHQDX's 0.60% expense ratio.

SHIIX

Catalyst Buffered Shield Fund

JHQDX

JPMorgan Hedged Equity 2 Fund Class I

Return for Risk

SHIIX vs. JHQDX — Risk / Return Rank

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

SHIIX

SHIIX Risk / Return Rank: 61
SHIIX Sharpe Ratio Rank: 57
SHIIX Sortino Ratio Rank: 59
SHIIX Omega Ratio Rank: 73
SHIIX Calmar Ratio Rank: 48
SHIIX Martin Ratio Rank: 68

JHQDX

JHQDX Risk / Return Rank: 33
JHQDX Sharpe Ratio Rank: 34
JHQDX Sortino Ratio Rank: 32
JHQDX Omega Ratio Rank: 31
JHQDX Calmar Ratio Rank: 32
JHQDX Martin Ratio Rank: 38

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.

SHIIX vs. JHQDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catalyst Buffered Shield Fund (SHIIX) and JPMorgan Hedged Equity 2 Fund Class I (JHQDX). 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.

	SHIIX	JHQDX	Difference
Sharpe ratio Return per unit of total volatility	1.06	0.74	+0.31
Sortino ratio Return per unit of downside risk	1.56	1.09	+0.47
Omega ratio Gain probability vs. loss probability	1.28	1.16	+0.12
Calmar ratio Return relative to maximum drawdown	1.20	0.89	+0.31
Martin ratio Return relative to average drawdown	6.48	3.92	+2.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SHIIX vs. JHQDX - Sharpe Ratio Comparison

The current SHIIX Sharpe Ratio is 1.06, which is higher than the JHQDX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of SHIIX and JHQDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SHIIX	JHQDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	0.74	+0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.72	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.78	-0.01

Correlation

The correlation between SHIIX and JHQDX is 0.83, 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

SHIIX vs. JHQDX - Dividend Comparison

SHIIX's dividend yield for the trailing twelve months is around 3.12%, more than JHQDX's 0.52% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SHIIX Catalyst Buffered Shield Fund	3.12%	3.02%	2.94%	2.52%	0.68%	16.99%	2.01%	6.13%	10.13%	14.66%	0.79%
JHQDX JPMorgan Hedged Equity 2 Fund Class I	0.52%	0.50%	0.75%	0.96%	6.91%	0.40%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SHIIX vs. JHQDX - Drawdown Comparison

The maximum SHIIX drawdown since its inception was -20.20%, which is greater than JHQDX's maximum drawdown of -15.25%. Use the drawdown chart below to compare losses from any high point for SHIIX and JHQDX.

Drawdown Indicators

	SHIIX	JHQDX	Difference
Max Drawdown Largest peak-to-trough decline	-20.20%	-15.25%	-4.95%
Max Drawdown (1Y) Largest decline over 1 year	-7.44%	-5.41%	-2.03%
Max Drawdown (5Y) Largest decline over 5 years	-20.20%	-15.25%	-4.95%
Max Drawdown (10Y) Largest decline over 10 years	-20.20%	—	—
Current Drawdown Current decline from peak	-4.27%	-5.41%	+1.14%
Average Drawdown Average peak-to-trough decline	-4.18%	-3.32%	-0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.38%	1.23%	+0.15%

Volatility

SHIIX vs. JHQDX - Volatility Comparison

Catalyst Buffered Shield Fund (SHIIX) has a higher volatility of 2.39% compared to JPMorgan Hedged Equity 2 Fund Class I (JHQDX) at 2.24%. This indicates that SHIIX's price experiences larger fluctuations and is considered to be riskier than JHQDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHIIX	JHQDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.39%	2.24%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	3.76%	5.43%	-1.67%
Volatility (1Y) Calculated over the trailing 1-year period	9.97%	7.76%	+2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.60%	8.73%	-0.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.57%	8.69%	-0.12%