TXRIX vs. JHEQX
Compare and contrast key facts about JPMorgan Tax Aware Real Return Fund (TXRIX) and JPMorgan Hedged Equity Fund Class I (JHEQX).
TXRIX is managed by JPMorgan. It was launched on Aug 30, 2005. JHEQX is managed by JPMorgan. It was launched on Dec 13, 2013.
Performance
TXRIX vs. JHEQX - Performance Comparison
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TXRIX vs. JHEQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TXRIX JPMorgan Tax Aware Real Return Fund | -0.08% | 3.71% | 2.47% | 4.93% | -5.77% | 8.53% | 2.54% | 5.54% | -0.75% | 13.02% |
JHEQX JPMorgan Hedged Equity Fund Class I | -4.94% | 7.49% | 18.23% | 16.07% | -8.05% | 13.43% | 14.10% | 13.31% | -0.72% | 10.78% |
Returns By Period
In the year-to-date period, TXRIX achieves a -0.08% return, which is significantly higher than JHEQX's -4.94% return.
TXRIX
- 1D
- 0.21%
- 1M
- -1.68%
- YTD
- -0.08%
- 6M
- 0.39%
- 1Y
- 3.05%
- 3Y*
- 2.83%
- 5Y*
- 2.23%
- 10Y*
- —
JHEQX
- 1D
- 0.75%
- 1M
- -5.47%
- YTD
- -4.94%
- 6M
- -2.73%
- 1Y
- 7.14%
- 3Y*
- 9.50%
- 5Y*
- 6.83%
- 10Y*
- 8.72%
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TXRIX vs. JHEQX - Expense Ratio Comparison
TXRIX has a 0.49% expense ratio, which is lower than JHEQX's 0.58% expense ratio.
Return for Risk
TXRIX vs. JHEQX — Risk / Return Rank
TXRIX
JHEQX
TXRIX vs. JHEQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Tax Aware Real Return Fund (TXRIX) 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.
| TXRIX | JHEQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.92 | 0.72 | +0.20 |
Sortino ratioReturn per unit of downside risk | 1.19 | 1.10 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.17 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.00 | 1.07 | -0.08 |
Martin ratioReturn relative to average drawdown | 3.89 | 4.43 | -0.54 |
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
| TXRIX | JHEQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 0.72 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.77 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.93 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.84 | -0.05 |
Correlation
The correlation between TXRIX and JHEQX is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TXRIX vs. JHEQX - Dividend Comparison
TXRIX's dividend yield for the trailing twelve months is around 3.23%, more than JHEQX's 0.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TXRIX JPMorgan Tax Aware Real Return Fund | 3.23% | 3.20% | 3.32% | 3.17% | 2.04% | 1.47% | 2.22% | 2.56% | 2.85% | 12.76% | 0.00% | 0.00% |
JHEQX JPMorgan Hedged Equity Fund Class I | 0.64% | 0.65% | 0.75% | 0.98% | 0.99% | 0.71% | 1.11% | 1.11% | 1.13% | 0.99% | 1.35% | 1.21% |
Drawdowns
TXRIX vs. JHEQX - Drawdown Comparison
The maximum TXRIX drawdown since its inception was -16.51%, smaller than the maximum JHEQX drawdown of -18.85%. Use the drawdown chart below to compare losses from any high point for TXRIX and JHEQX.
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Drawdown Indicators
| TXRIX | JHEQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.51% | -18.85% | +2.34% |
Max Drawdown (1Y)Largest decline over 1 year | -3.51% | -6.92% | +3.41% |
Max Drawdown (5Y)Largest decline over 5 years | -9.74% | -14.34% | +4.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.85% | — |
Current DrawdownCurrent decline from peak | -1.79% | -6.19% | +4.40% |
Average DrawdownAverage peak-to-trough decline | -1.78% | -2.16% | +0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 1.67% | -0.77% |
Volatility
TXRIX vs. JHEQX - Volatility Comparison
The current volatility for JPMorgan Tax Aware Real Return Fund (TXRIX) is 1.06%, while JPMorgan Hedged Equity Fund Class I (JHEQX) has a volatility of 2.81%. This indicates that TXRIX experiences smaller price fluctuations and is considered to be less risky than JHEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TXRIX | JHEQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 2.81% | -1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 1.41% | 5.56% | -4.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.46% | 10.23% | -6.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.60% | 8.89% | -5.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.56% | 9.41% | -4.85% |