JFAMX vs SAIPX Fund Comparison

A comparison between JFAMX and SAIPX based on their expense ratio, growth, holdings and how well they match their benchmark performance.

Group Created with Sketch.

Minafi's Take on JFAMX vs SAIPX

Here's an in depth look at the differences between JPMorgan Emerging Markets Equity Fund Class A ($JFAMX) and Principal Strategic Asset Management Conservative Balanced Fund Class A ($SAIPX).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

55% FI Score
  • jfamx
  • Mutual Fund
  • International Stocks
  • Emerging Markets

JPMorgan Emerging Markets Equity Fund Class A

Expenses: 1.24% (Better than 1% of similar funds)

This is an OK choice for a Emerging Markets International Stocks fund. See why »

61% FI Score
  • saipx
  • Mutual Fund
  • Allocation
  • All-In-One

Principal Strategic Asset Management Conservative Balanced Fund Class A

Expenses: 0.63% (Better than 1% of similar funds)

This is an OK choice for a All-In-One Allocation fund. See why »

Both $JFAMX and $SAIPX are categorized as Mutual Funds. Mutual funds are often offered by 401(k) platforms and are essentially the same as ETFs. Mutual funds are generally offered by an investment platform – Fidelity has Fidelity mutual funds, Vanguard has Vanguard mutual funds. Mutual funds are ideal for retirement investing since you can invest any amount. That allows you to invest every last cent and benefit from the market.

The biggest disadvantage of mutual funds is that you're usually limited to the funds on your investment platform. If you're investing on Fidelity, you'll want to pick Fidelity mutual funds (or any ETF). Same with Vanguard. Some platforms offer mutual funds from other platforms, but they may charge a purchse or redemption fee. I'd recommend using the same platform as your funds – or stick to ETFs.

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

JFAMX SAIPX
Market Score 9.6 /10 7.6 /10
Category Score 5.0 /10 5.0 /10
Total 14.6 12.6

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $JFAMX

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, JFAMX has an expense ratio of 1.24% while SAIPX has an expense ratio of 0.63%. In this case, both of these funds have a similar fee.

Winner: $SAIPX (barely)

Fund Size Comparison

Both JFAMX and SAIPX have a similar number of assets under management. JFAMX has 8.16 Billion in assets under management, while SAIPX has 1.6 Billion.

Minafi categorizes both of these funds as large funds. Fund size is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

Winner: tie

Which Should You Choose? JFAMX or SAIPX?

Comparing these two funds isn't an apples to apples comparison. JFAMX is a International Stocks Emerging Markets fund, while SAIPX is a Allocation All-In-One fund.

If you're aiming to build a diversified, low-fee, tax-optimized portfolio you likely won't be choosing between these two funds since they're different enough.

Running both of these funds through Minafi's FI Score algorithm, gives JFAMX a score of 55 and SAIPX a score of 61.

Winner: Neither, I'd research more funds if you're looking to invest for retirement.

$JFAMX

JPMorgan Emerging Markets Equity Fund Class A

55

Read More
Ratings
Rating Type Rating
Expense Ratio Score 5 /10
Expense Rating 0 /10
Market Score 10 /10
Category Score 5 /10
Overview
Overview Details
Fund Type Mutual Fund
Inception Date Nov-15-1993
Exchange NMFQS
Expense Ratio 1.240%
Net Assets 8.16 Billion
Yield 0.61%
Holdings
Description Info
Market International Stocks
Category Emerging Markets
Sectors
  • Basic Materials 0.54%
  • Communication Services 10.93%
  • Consumer Cyclical 17.53%
  • Consumer Defensive 14.96%
  • Energy 0.00%
  • Financial Services 28.99%
  • Healthcare 3.61%
  • Industrials 3.76%
  • Real Estate 0.00%
  • Technology 17.89%
  • Utilities 1.79%
Regions
  • Africa/Middle East 2.37%
  • Asia Developed 24.62%
  • Asia Emerging 53.39%
  • Europe Developed 1.79%
  • Europe Emerging 3.60%
  • Latin America 10.51%
  • North America 3.72%

$SAIPX

Principal Strategic Asset Management Conservative Balanced Fund Class A

61

Read More
Ratings
Rating Type Rating
Expense Ratio Score 7 /10
Expense Rating 4 /10
Market Score 8 /10
Category Score 5 /10
Overview
Overview Details
Fund Type Mutual Fund
Inception Date Jul-25-1996
Exchange NMFQS
Expense Ratio 0.630%
Net Assets 1.6 Billion
Yield 2.11%
Holdings
Description Info
Market Allocation
Category All-In-One
Sectors
  • Basic Materials 3.72%
  • Communication Services 9.92%
  • Consumer Cyclical 9.36%
  • Consumer Defensive 6.73%
  • Energy 3.78%
  • Financial Services 18.23%
  • Healthcare 12.65%
  • Industrials 7.60%
  • Real Estate 9.36%
  • Technology 14.02%
  • Utilities 4.64%
Regions
  • Africa/Middle East 0.28%
  • Asia Developed 3.87%
  • Asia Emerging 3.99%
  • Australasia 1.19%
  • Europe Developed 10.94%
  • Europe Emerging 0.59%
  • Japan 4.38%
  • Latin America 0.69%
  • North America 71.05%
  • United Kingdom 3.01%

Adam says: Learn how to confidently invest for retirement!

Join the Minafi Investor Bootcamp to see how.

This 10-course bootcamp starts at only $10 for everything!

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo