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JOELX JPMorgan Opportunistic Equity L/S A

2 lower fee alternatives found

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Fund JOELX JPMorgan Opportunistic Equity L/S A HHQAX Hancock Horizon Quant Long/Short Inv TACTX FundX Tactical Upgrader  
100% 85% 85%
Annual Fees
(1.87% Exp. Ratio)
(1.67% Exp. Ratio)
(1.69% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.89% annual return
$17,813.10 $18,935.07 $18,819.87
Est. savings over 30 yrs +$1,121.96 +$1,006.76
As of 12/31/16
1 YR RETURN -0.82%
3 YR --
5 YR --
10 YR --
1 YR RETURN 3.31%
3 YR 3.97%
5 YR 8.74%
10 YR --
1 YR RETURN 7.79%
3 YR 3.45%
5 YR 4.29%
10 YR --
The investment seeks capital appreciation. Under normal circumstances, the fund will invest at least 80% of its assets in long and short positions in equity securities, selecting from a universe of equity securities with market capitalizations similar to those included in the Russell 1000 and/or S&P 500 Index, at the time of purchase. In implementing its strategy, it primarily will buy or sell short common stocks, including real estate investment trusts (REITs) and depositary receipts. The fund's gross equity market exposure is limited to 200%. It is non-diversified.
The investment seeks long-term capital appreciation. The fund seeks long-term capital appreciation by taking long and short positions in equity securities of publicly-traded companies in the United States. Using a quantitative model developed by the Adviser, it buys stocks "long" that the Adviser believes are undervalued relative to their peers, and sells stocks "short" that the Adviser believes are overvalued relative to their peers. The fund typically maintains a net long exposure of approximately 45-115% and the Adviser expects that, on average, 0-35% of its assets will be sold "short."
The investment seeks long-term capital appreciation with less volatility than the broad equity market; capital preservation is a secondary consideration. The fund is a fund-of-funds and as such invests in no-load and load waived mutual funds, and ETFs ("underlying funds"). The underlying funds, in turn, invest primarily in individual securities such as common stocks and bonds. The fund will have substantial holdings in Core Equity underlying funds and/or Total Return underlying funds.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


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