- ISIN
- US48121L7340
- CUSIP
- 48121L734
- Issuer
- JPMorgan
- Inception Date
- May 31, 2011
- Region
- Global (Broad)
- Category
- Global Equities
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
GAOAX Performance Chart
JPMorgan Global Allocation Fund A (GAOAX) is up 2.8% since the beginning of the year. GAOAX is currently trading at $21 per share. Investors who bought $1,000 worth of GAOAX shares 5 years ago would now be looking at an investment worth $1,128.
Loading charts...
Compare this symbol against anything
Returns By Period
JPMorgan Global Allocation Fund A (GAOAX) has returned 2.81% so far this year and 9.76% over the past 12 months. Over the last ten years, GAOAX has returned 5.98% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
JPMorgan Global Allocation Fund A
- 1D
- 1.67%
- 1M
- -0.70%
- 6M
- 0.44%
- YTD
- 2.81%
- 1Y
- 9.76%
- 3Y*
- 9.62%
- 5Y*
- 2.44%
- 10Y*
- 5.98%
- ALL TIME*
- 5.95%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
GAOAX Monthly Returns History
Based on dividend-adjusted daily data since Jul 1, 2013, GAOAX's average daily return is +0.03%, while the average monthly return is +0.53%. At this rate, an investment would double in approximately 10.9 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +10.1%, while the worst month was Mar 2020 at -11.2%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 8 months.
On a daily basis, GAOAX closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +4.6%, while the worst single day was Mar 16, 2020 at -6.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.35% | 1.17% | -7.18% | 6.39% | 2.58% | -0.84% | -1.16% | 2.81% | |||||
| 2025 | 2.69% | 0.34% | -2.64% | 0.45% | 3.28% | 4.08% | -0.51% | 2.58% | 2.24% | 0.72% | -0.00% | 0.73% | 14.68% |
| 2024 | -0.37% | 2.85% | 2.35% | -3.68% | 3.24% | 1.85% | 1.40% | 2.27% | 1.77% | -3.06% | 2.91% | -3.51% | 7.91% |
| 2023 | 5.81% | -3.53% | 3.08% | 0.45% | -1.91% | 2.92% | 2.00% | -2.61% | -4.25% | -1.75% | 7.55% | 5.09% | 12.69% |
| 2022 | -3.96% | -2.54% | -0.48% | -6.68% | -0.16% | -6.39% | 3.75% | -3.73% | -6.24% | 2.98% | 6.21% | -2.37% | -18.74% |
| 2021 | -0.09% | 1.51% | 0.42% | 3.19% | 1.39% | -0.26% | 0.69% | 0.98% | -3.32% | 3.51% | -2.29% | -1.95% | 3.60% |
Benchmark Metrics
JPMorgan Global Allocation Fund A has an annualized alpha of -0.99%, beta of 0.55, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since July 01, 2013.
- This fund participated in 74.90% of S&P 500 Index downside but only 56.31% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.55 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- -0.99%
- Beta
- 0.55
- R²
- 0.84
- Upside Capture
- 56.31%
- Downside Capture
- 74.90%
Expense Ratio
GAOAX has a high expense ratio of 1.04%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
GAOAX ranks 22 for risk / return — above 22% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for JPMorgan Global Allocation Fund A (GAOAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GAOAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.25 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | 2.00 | -0.99 |
| Martin ratioReturn relative to average drawdown | 3.79 | 8.49 | -4.70 |
Dividends
Dividend History
JPMorgan Global Allocation Fund A provided a 9.06% dividend yield over the last twelve months, with an annual payout of $1.93 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.93 | $2.11 | $0.47 | $0.00 | $0.78 | $1.00 | $0.34 | $0.47 | $0.43 | $0.55 | $0.43 | $0.15 |
Dividend yield | 9.06% | 10.15% | 2.34% | 0.00% | 4.62% | 4.61% | 1.54% | 2.43% | 2.52% | 2.95% | 2.59% | 0.96% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan Global Allocation Fund A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.13 | |||||
| 2025 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $1.68 | $2.11 |
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.06 | $0.47 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.67 | $0.78 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.88 | $1.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan Global Allocation Fund A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JPMorgan Global Allocation Fund A was 29.02%, occurring on Oct 14, 2022. Recovery took 675 trading sessions.
The current JPMorgan Global Allocation Fund A drawdown is 2.53%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-29.02%Oct 2022 | 11mo 9d | 2y 8mo | 3y 7moNov 2021 - Jun 2025 | Bear market2022 |
-23.67%Mar 2020 | 1mo 2d | 4mo 22d | 5mo 24dFeb 2020 - Aug 2020 | COVID crash2020 |
-13.63%Dec 2018 | 10mo 29d | 10mo 29d | 1y 9moJan 2018 - Nov 2019 | Rate-hike selloffLate 2018 |
-13.32%Feb 2016 | 10mo 4d | 10mo 28d | 1y 8moApr 2015 - Jan 2017 | — |
-8.95%Mar 2026 | 1mo 2d | 1mo 15d | 2mo 17dFeb 2026 - May 2026 | — |
Drawdown Indicators
| GAOAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.02% | -56.78% | +27.76% |
Max Drawdown (1Y)Largest decline over 1 year | -8.95% | -9.10% | +0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -10.87% | -18.90% | +8.03% |
Max Drawdown (5Y)Largest decline over 5 years | -29.02% | -25.43% | -3.59% |
Max Drawdown (10Y)Largest decline over 10 years | -29.02% | -33.92% | +4.90% |
Current DrawdownCurrent decline from peak | -2.53% | -1.58% | -0.95% |
Average DrawdownAverage peak-to-trough decline | -5.91% | -10.70% | +4.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 2.14% | +0.25% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with GAOAX
Add JPMorgan Global Allocation Fund A to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with GAOAX