DMO vs. JBALX
Compare and contrast key facts about Dimensional Multi-Asset Fund (DMO) and JPMorgan Global Allocation Fund Class A (JBALX).
DMO is managed by Dimensional Fund Advisors. It was launched on Dec 11, 2009. JBALX is managed by JPMorgan. It was launched on Dec 31, 1991.
Performance
DMO vs. JBALX - Performance Comparison
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DMO vs. JBALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DMO Dimensional Multi-Asset Fund | 0.42% | 6.95% | 20.24% | 16.79% | -21.64% | 17.12% | -22.32% | 9.10% | -2.04% | 23.46% |
JBALX JPMorgan Global Allocation Fund Class A | -5.36% | 15.00% | 20.78% | 15.45% | -16.56% | 17.28% | 14.40% | 22.60% | 0.71% | 17.83% |
Returns By Period
In the year-to-date period, DMO achieves a 0.42% return, which is significantly higher than JBALX's -5.36% return. Over the past 10 years, DMO has underperformed JBALX with an annualized return of 4.48%, while JBALX has yielded a comparatively higher 10.14% annualized return.
DMO
- 1D
- 0.00%
- 1M
- -3.98%
- YTD
- 0.42%
- 6M
- -2.43%
- 1Y
- 3.91%
- 3Y*
- 14.79%
- 5Y*
- 5.49%
- 10Y*
- 4.48%
JBALX
- 1D
- 1.58%
- 1M
- -4.89%
- YTD
- -5.36%
- 6M
- -4.13%
- 1Y
- 10.65%
- 3Y*
- 12.97%
- 5Y*
- 7.67%
- 10Y*
- 10.14%
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DMO vs. JBALX - Expense Ratio Comparison
DMO has a 0.04% expense ratio, which is lower than JBALX's 0.96% expense ratio.
Return for Risk
DMO vs. JBALX — Risk / Return Rank
DMO
JBALX
DMO vs. JBALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Multi-Asset Fund (DMO) and JPMorgan Global Allocation Fund Class A (JBALX). 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.
| DMO | JBALX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.32 | 0.92 | -0.60 |
Sortino ratioReturn per unit of downside risk | 0.51 | 1.41 | -0.90 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.20 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 0.45 | 1.41 | -0.96 |
Martin ratioReturn relative to average drawdown | 1.15 | 5.59 | -4.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DMO | JBALX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.32 | 0.92 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.68 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.91 | -0.68 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.63 | -0.15 |
Correlation
The correlation between DMO and JBALX is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
DMO vs. JBALX - Dividend Comparison
DMO's dividend yield for the trailing twelve months is around 14.14%, more than JBALX's 8.81% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DMO Dimensional Multi-Asset Fund | 14.14% | 14.01% | 12.92% | 11.46% | 11.51% | 8.88% | 10.95% | 9.63% | 18.93% | 13.30% | 13.19% | 14.09% |
JBALX JPMorgan Global Allocation Fund Class A | 8.81% | 8.80% | 11.84% | 2.28% | 2.00% | 4.54% | 2.54% | 2.91% | 7.14% | 4.69% | 4.55% | 5.87% |
Drawdowns
DMO vs. JBALX - Drawdown Comparison
The maximum DMO drawdown since its inception was -49.16%, which is greater than JBALX's maximum drawdown of -33.98%. Use the drawdown chart below to compare losses from any high point for DMO and JBALX.
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Drawdown Indicators
| DMO | JBALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.16% | -33.98% | -15.18% |
Max Drawdown (1Y)Largest decline over 1 year | -8.37% | -8.12% | -0.25% |
Max Drawdown (5Y)Largest decline over 5 years | -29.04% | -21.50% | -7.54% |
Max Drawdown (10Y)Largest decline over 10 years | -49.16% | -22.49% | -26.67% |
Current DrawdownCurrent decline from peak | -5.65% | -6.67% | +1.02% |
Average DrawdownAverage peak-to-trough decline | -9.68% | -5.47% | -4.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 2.04% | +1.21% |
Volatility
DMO vs. JBALX - Volatility Comparison
Dimensional Multi-Asset Fund (DMO) has a higher volatility of 5.77% compared to JPMorgan Global Allocation Fund Class A (JBALX) at 3.80%. This indicates that DMO's price experiences larger fluctuations and is considered to be riskier than JBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DMO | JBALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 3.80% | +1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 8.66% | 6.64% | +2.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.19% | 12.09% | +0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.88% | 11.30% | +1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.97% | 11.20% | +8.77% |