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VEXRX vs. OIEJX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VEXRXOIEJX
YTD Return16.73%19.01%
1Y Return36.42%28.54%
3Y Return (Ann)-5.76%6.03%
5Y Return (Ann)4.79%9.63%
10Y Return (Ann)2.48%8.89%
Sharpe Ratio2.162.76
Sortino Ratio3.043.91
Omega Ratio1.381.51
Calmar Ratio0.943.35
Martin Ratio12.7018.06
Ulcer Index2.87%1.58%
Daily Std Dev16.88%10.30%
Max Drawdown-61.00%-36.88%
Current Drawdown-16.65%-0.70%

Correlation

-0.50.00.51.00.8

The correlation between VEXRX and OIEJX is 0.81, 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

VEXRX vs. OIEJX - Performance Comparison

In the year-to-date period, VEXRX achieves a 16.73% return, which is significantly lower than OIEJX's 19.01% return. Over the past 10 years, VEXRX has underperformed OIEJX with an annualized return of 2.48%, while OIEJX has yielded a comparatively higher 8.89% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
10.90%
11.17%
VEXRX
OIEJX

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VEXRX vs. OIEJX - Expense Ratio Comparison

VEXRX has a 0.29% expense ratio, which is lower than OIEJX's 0.45% expense ratio.


OIEJX
JPMorgan Equity Income Fund R6
Expense ratio chart for OIEJX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
Expense ratio chart for VEXRX: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%

Risk-Adjusted Performance

VEXRX vs. OIEJX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Explorer Fund Admiral Shares (VEXRX) and JPMorgan Equity Income Fund R6 (OIEJX). 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.


VEXRX
Sharpe ratio
The chart of Sharpe ratio for VEXRX, currently valued at 2.16, compared to the broader market0.002.004.002.16
Sortino ratio
The chart of Sortino ratio for VEXRX, currently valued at 3.04, compared to the broader market0.005.0010.003.04
Omega ratio
The chart of Omega ratio for VEXRX, currently valued at 1.38, compared to the broader market1.002.003.004.001.38
Calmar ratio
The chart of Calmar ratio for VEXRX, currently valued at 0.94, compared to the broader market0.005.0010.0015.0020.0025.000.94
Martin ratio
The chart of Martin ratio for VEXRX, currently valued at 12.70, compared to the broader market0.0020.0040.0060.0080.00100.0012.70
OIEJX
Sharpe ratio
The chart of Sharpe ratio for OIEJX, currently valued at 2.76, compared to the broader market0.002.004.002.76
Sortino ratio
The chart of Sortino ratio for OIEJX, currently valued at 3.91, compared to the broader market0.005.0010.003.91
Omega ratio
The chart of Omega ratio for OIEJX, currently valued at 1.51, compared to the broader market1.002.003.004.001.51
Calmar ratio
The chart of Calmar ratio for OIEJX, currently valued at 3.35, compared to the broader market0.005.0010.0015.0020.0025.003.35
Martin ratio
The chart of Martin ratio for OIEJX, currently valued at 18.06, compared to the broader market0.0020.0040.0060.0080.00100.0018.06

VEXRX vs. OIEJX - Sharpe Ratio Comparison

The current VEXRX Sharpe Ratio is 2.16, which is comparable to the OIEJX Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of VEXRX and OIEJX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.16
2.76
VEXRX
OIEJX

Dividends

VEXRX vs. OIEJX - Dividend Comparison

VEXRX's dividend yield for the trailing twelve months is around 0.53%, less than OIEJX's 1.98% yield.


TTM20232022202120202019201820172016201520142013
VEXRX
Vanguard Explorer Fund Admiral Shares
0.53%0.62%0.51%0.36%0.23%0.39%0.51%0.50%0.50%0.51%0.37%0.22%
OIEJX
JPMorgan Equity Income Fund R6
1.98%2.30%2.21%1.75%2.05%2.01%2.46%1.83%2.11%2.26%2.16%2.06%

Drawdowns

VEXRX vs. OIEJX - Drawdown Comparison

The maximum VEXRX drawdown since its inception was -61.00%, which is greater than OIEJX's maximum drawdown of -36.88%. Use the drawdown chart below to compare losses from any high point for VEXRX and OIEJX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-16.65%
-0.70%
VEXRX
OIEJX

Volatility

VEXRX vs. OIEJX - Volatility Comparison

Vanguard Explorer Fund Admiral Shares (VEXRX) has a higher volatility of 5.24% compared to JPMorgan Equity Income Fund R6 (OIEJX) at 3.93%. This indicates that VEXRX's price experiences larger fluctuations and is considered to be riskier than OIEJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.24%
3.93%
VEXRX
OIEJX