JPMorgan Equity Index Fund
U.S. stock index fund · tracks Standard & Poor's 500 Composite Stock Price Index
As of its 2026 Q2 report, JPMorgan Equity Index Fund held 508 positions with $13.79B in net assets. Its ten largest holdings made up 36.2% of the fund. The HLEIX share class costs 0.2% a year. Over the 12 months to May 2026, HLEIX returned 29.5%, with dividends reinvested. In 2026 Q2 it added 10 new positions and exited 9.
The Fund seeks investment results that correspond to the aggregate price and dividend performance of securities in the Standard & Poors 500 Composite Stock Price Index (S&P 500 Index).
The fund holds stocks in the S&P 500 Index in weightings that match their index representation, selecting securities in order of their index weight, and may use stock index futures to manage cash flows and maintain liquidity. The fund aims for a correlation of at least 0.95 with the index before expenses. Because the fund's holdings and weightings track the index mechanically, its performance will diverge from the index by the amount of its expenses and any tracking error.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA Corp. | 7.47% | $1.03B | 5.1M | $200.09 |
AAPLApple, Inc. | 6.55% | $903.03M | 3.1M | $289.36 |
MSFTMicrosoft Corp. | 4.27% | $588.78M | 1.6M | $373.02 |
AMZNAmazon.com, Inc. | 3.60% | $495.74M | 2.1M | $238.34 |
GOOGLAlphabet, Inc. | 3.23% | $445.25M | 1.2M | $357.37 |
AVGOBroadcom, Inc. | 2.76% | $380.03M | 1.0M | $377.75 |
GOOGAlphabet, Inc. | 2.57% | $354.84M | 1.0M | $353.33 |
2.01% | $276.59M | 239.6K | $1,154.29 | |
1.91% | $262.84M | 466.6K | $563.29 | |
TSLATesla, Inc. | 1.82% | $251.60M | 598.2K | $420.60 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 508 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.34% |
| Cash & short-term | 0.72% |
| Derivatives | 0.01% |
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 37.2%
- Financials
- 11.4%
- Communication Services
- 9.6%
- Consumer Discretionary
- 9.2%
- 10 other sectors
- 32.6%
- Information Technology
- 37.2%
- Financials
- 11.4%
- Communication Services
- 9.6%
- Consumer Discretionary
- 9.2%
- Health Care
- 8.6%
- Industrials
- 8.3%
- Consumer Staples
- 4.5%
- Energy
- 3.0%
- Utilities
- 2.2%
- International
- 2.1%
- Real Estate
- 1.8%
- Materials
- 1.4%
- Cash
- 0.7%
- Other
- 0.0%
How it has done
HLEIX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.12%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 4 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.20% | +29.52% | +87.77% | +91.84% | -8.31% | |
| 0.45% | +29.20% | +86.35% | +89.43% | -8.35% | |
| 1.12% | +28.43% | +83.02% | +83.86% | -8.50% | |
| 0.04% | +29.74% | +88.64% | +93.32% | -8.27% |
These classes hold the same portfolio, so the 9.46pp spread over 5 years is the cost difference between them — roughly 1.89pp a year — not a difference in what they own.
Fees & fund details
JPMorgan Equity Index Fund is a U.S. equity index fund that tracks the Standard & Poor's 500 Composite Stock Price Index. 21% of HLEIX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.04% – 1.12%· HLEIX 0.20%
- Portfolio turnover
- 12.00% a year · as of 2025 Q4
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
10 new· the largest 8
9 exited· the largest 8
Understand how this fund fits with the rest.
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