CAREX vs. GAOAX

Last updated Jun 4, 2026

CAREX (Domini Sustainable Solutions Fund) and GAOAX (JPMorgan Global Allocation Fund A) are both Global Equities funds. Over the past 5 years, CAREX returned 5.55%/yr vs 3.10%/yr for GAOAX. Their correlation of 0.82 suggests significant overlap in exposure. CAREX charges 1.40%/yr vs 1.04%/yr for GAOAX.

Performance

CAREX vs. GAOAX - Performance Comparison

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

Returns By Period

In the year-to-date period, CAREX achieves a 20.43% return, which is significantly higher than GAOAX's 5.47% return.

CAREX

• 1D: 1.22%
• 1M: 8.31%
• YTD: 20.43%
• 6M: 19.97%
• 1Y: 33.85%
• 3Y*: 18.08%
• 5Y*: 5.55%
• 10Y*: —

GAOAX

• 1D: 0.37%
• 1M: 3.44%
• YTD: 5.47%
• 6M: 6.01%
• 1Y: 15.60%
• 3Y*: 11.82%
• 5Y*: 3.10%
• 10Y*: 6.50%

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

CAREX vs. GAOAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CAREX Domini Sustainable Solutions Fund	20.43%	13.67%	10.05%	13.16%	-27.19%	-6.45%	101.66%
GAOAX JPMorgan Global Allocation Fund A	5.47%	14.68%	7.91%	12.69%	-18.74%	3.60%	39.99%

Correlation

The correlation between CAREX and GAOAX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Apr 6, 2020	0.82

The correlation between CAREX and GAOAX has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.

Return for Risk

CAREX vs. GAOAX — Risk / Return Rank

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

CAREX

CAREX Risk / Return Rank: 64
CAREX Sharpe Ratio Rank: 54
CAREX Sortino Ratio Rank: 52
CAREX Omega Ratio Rank: 48
CAREX Calmar Ratio Rank: 85
CAREX Martin Ratio Rank: 83

GAOAX

GAOAX Risk / Return Rank: 29
GAOAX Sharpe Ratio Rank: 32
GAOAX Sortino Ratio Rank: 30
GAOAX Omega Ratio Rank: 32
GAOAX Calmar Ratio Rank: 23
GAOAX Martin Ratio Rank: 30

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.

CAREX vs. GAOAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Domini Sustainable Solutions Fund (CAREX) 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.

	CAREX	GAOAX	Difference
Sharpe ratio: Return per unit of total volatility	2.16	1.62	+0.54
Sortino ratio: Return per unit of downside risk	3.06	2.28	+0.78
Omega ratio: Gain probability vs. loss probability	1.38	1.30	+0.08
Calmar ratio: Return relative to maximum drawdown	4.01	1.75	+2.26
Martin ratio: Return relative to average drawdown	15.69	6.98	+8.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CAREX vs. GAOAX - Sharpe Ratio Comparison

The current CAREX Sharpe Ratio is 2.16, which is higher than the GAOAX Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of CAREX and GAOAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CAREX	GAOAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	1.62	+0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.28	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.61	+0.10

Drawdowns

CAREX vs. GAOAX - Drawdown Comparison

The maximum CAREX drawdown since its inception was -43.11%, which is greater than GAOAX's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for CAREX and GAOAX.

Drawdown Indicators

	CAREX	GAOAX	Difference
Max Drawdown Largest peak-to-trough decline	-43.11%	-29.02%	-14.09%
Max Drawdown (1Y) Largest decline over 1 year	-8.46%	-8.95%	+0.49%
Max Drawdown (3Y) Largest decline over 3 years	-19.24%	-10.87%	-8.37%
Max Drawdown (5Y) Largest decline over 5 years	-41.05%	-29.02%	-12.03%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.02%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-20.92%	-5.96%	-14.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	2.24%	-0.08%

Volatility

CAREX vs. GAOAX - Volatility Comparison

Domini Sustainable Solutions Fund (CAREX) has a higher volatility of 5.48% compared to JPMorgan Global Allocation Fund A (GAOAX) at 2.81%. This indicates that CAREX's price experiences larger fluctuations and is considered to be riskier than GAOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAREX	GAOAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.48%	2.81%	+2.67%
Volatility (6M) Calculated over the trailing 6-month period	12.85%	7.96%	+4.89%
Volatility (1Y) Calculated over the trailing 1-year period	15.73%	9.70%	+6.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.36%	11.10%	+8.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.06%	10.88%	+10.18%

CAREX vs. GAOAX - Expense Ratio Comparison

CAREX has a 1.40% expense ratio, which is higher than GAOAX's 1.04% expense ratio.

Dividends

CAREX vs. GAOAX - Dividend Comparison

CAREX has not paid dividends to shareholders, while GAOAX's dividend yield for the trailing twelve months is around 9.15%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAREX Domini Sustainable Solutions Fund	0.00%	0.00%	0.02%	0.00%	0.00%	4.13%	3.28%	0.00%	0.00%	0.00%	0.00%	0.00%
GAOAX JPMorgan Global Allocation Fund A	9.15%	10.15%	2.34%	0.00%	4.62%	4.61%	1.54%	2.43%	2.52%	2.95%	2.59%	0.96%

Frequently Asked Questions

Can I hold both CAREX and GAOAX in my portfolio?

CAREX and GAOAX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CAREX or GAOAX?

CAREX has higher volatility (5.48%) compared to GAOAX (2.81%). In terms of maximum drawdown, CAREX dropped -43.11% vs GAOAX's -29.02%.

Which has better risk-adjusted returns?

CAREX currently has the higher Sharpe Ratio (2.16 vs 1.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.