BCGDX vs. GAOAX

Last updated Apr 1, 2026

Compare and contrast key facts about Blue Current Global Dividend Fund (BCGDX) and JPMorgan Global Allocation Fund A (GAOAX).

BCGDX is managed by Blue Current Funds. It was launched on Sep 17, 2014. GAOAX is managed by JPMorgan. It was launched on May 31, 2011.

Performance

BCGDX vs. GAOAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blue Current Global Dividend Fund (BCGDX) and JPMorgan Global Allocation Fund A (GAOAX). The values are adjusted to include any dividend payments, if applicable.

BCGDX vs. GAOAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BCGDX Blue Current Global Dividend Fund	-2.23%	30.23%	16.71%	14.46%	-8.62%	18.78%	7.06%	26.17%	-12.14%	18.97%
GAOAX JPMorgan Global Allocation Fund A	-5.28%	14.68%	7.91%	12.69%	-18.74%	3.60%	15.29%	15.95%	-6.07%	16.82%

Returns By Period

In the year-to-date period, BCGDX achieves a -2.23% return, which is significantly higher than GAOAX's -5.28% return. Over the past 10 years, BCGDX has outperformed GAOAX with an annualized return of 10.67%, while GAOAX has yielded a comparatively lower 5.59% annualized return.

BCGDX

• 1D: 0.27%
• 1M: -8.39%
• YTD: -2.23%
• 6M: 3.29%
• 1Y: 20.54%
• 3Y*: 17.41%
• 5Y*: 11.72%
• 10Y*: 10.67%

GAOAX

• 1D: -0.10%
• 1M: -8.53%
• YTD: -5.28%
• 6M: -3.90%
• 1Y: 8.28%
• 3Y*: 7.88%
• 5Y*: 1.78%
• 10Y*: 5.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCGDX vs. GAOAX - Expense Ratio Comparison

BCGDX has a 0.99% expense ratio, which is lower than GAOAX's 1.04% expense ratio.

GAOAX

JPMorgan Global Allocation Fund A

BCGDX

Blue Current Global Dividend Fund

Return for Risk

BCGDX vs. GAOAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BCGDX

BCGDX Risk / Return Rank: 84
BCGDX Sharpe Ratio Rank: 83
BCGDX Sortino Ratio Rank: 83
BCGDX Omega Ratio Rank: 84
BCGDX Calmar Ratio Rank: 82
BCGDX Martin Ratio Rank: 85

GAOAX

GAOAX Risk / Return Rank: 30
GAOAX Sharpe Ratio Rank: 32
GAOAX Sortino Ratio Rank: 30
GAOAX Omega Ratio Rank: 28
GAOAX Calmar Ratio Rank: 29
GAOAX Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BCGDX vs. GAOAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blue Current Global Dividend Fund (BCGDX) and JPMorgan Global Allocation Fund A (GAOAX). 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.

	BCGDX	GAOAX	Difference
Sharpe ratio Return per unit of total volatility	1.58	0.72	+0.85
Sortino ratio Return per unit of downside risk	2.17	1.06	+1.11
Omega ratio Gain probability vs. loss probability	1.34	1.15	+0.19
Calmar ratio Return relative to maximum drawdown	2.00	0.82	+1.18
Martin ratio Return relative to average drawdown	8.82	3.42	+5.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BCGDX vs. GAOAX - Sharpe Ratio Comparison

The current BCGDX Sharpe Ratio is 1.58, which is higher than the GAOAX Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of BCGDX and GAOAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BCGDX	GAOAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	0.72	+0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.16	+0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.52	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.53	+0.08

Correlation

The correlation between BCGDX and GAOAX is 0.90, 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.

Dividends

BCGDX vs. GAOAX - Dividend Comparison

BCGDX's dividend yield for the trailing twelve months is around 4.58%, less than GAOAX's 10.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCGDX Blue Current Global Dividend Fund	4.58%	4.77%	4.23%	1.84%	5.11%	8.48%	1.45%	2.24%	1.53%	3.44%	1.99%	1.68%
GAOAX JPMorgan Global Allocation Fund A	10.19%	10.15%	2.34%	0.00%	4.62%	4.61%	1.54%	2.43%	2.52%	2.95%	2.59%	0.96%

Drawdowns

BCGDX vs. GAOAX - Drawdown Comparison

The maximum BCGDX drawdown since its inception was -35.90%, which is greater than GAOAX's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for BCGDX and GAOAX.

Drawdown Indicators

	BCGDX	GAOAX	Difference
Max Drawdown Largest peak-to-trough decline	-35.90%	-29.02%	-6.88%
Max Drawdown (1Y) Largest decline over 1 year	-9.96%	-8.95%	-1.01%
Max Drawdown (5Y) Largest decline over 5 years	-21.01%	-29.02%	+8.01%
Max Drawdown (10Y) Largest decline over 10 years	-35.90%	-29.02%	-6.88%
Current Drawdown Current decline from peak	-8.70%	-8.95%	+0.25%
Average Drawdown Average peak-to-trough decline	-4.32%	-6.01%	+1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	2.15%	+0.11%

Volatility

BCGDX vs. GAOAX - Volatility Comparison

The current volatility for Blue Current Global Dividend Fund (BCGDX) is 4.28%, while JPMorgan Global Allocation Fund A (GAOAX) has a volatility of 4.64%. This indicates that BCGDX experiences smaller price fluctuations and is considered to be less risky than GAOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCGDX	GAOAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.28%	4.64%	-0.36%
Volatility (6M) Calculated over the trailing 6-month period	7.89%	7.42%	+0.47%
Volatility (1Y) Calculated over the trailing 1-year period	13.50%	11.46%	+2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.15%	11.02%	+2.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.86%	10.80%	+5.06%