ENTIX vs. GAOAX

Last updated Apr 1, 2026

Compare and contrast key facts about ERShares Global Entrepreneurs™ (ENTIX) and JPMorgan Global Allocation Fund A (GAOAX).

ENTIX is managed by EntrepreneurShares. It was launched on Nov 10, 2010. GAOAX is managed by JPMorgan. It was launched on May 31, 2011.

Performance

ENTIX vs. GAOAX - Performance Comparison

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

ENTIX vs. GAOAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ENTIX ERShares Global Entrepreneurs™	-18.94%	22.05%	33.84%	23.82%	-31.67%	-8.38%	38.75%	27.65%	-11.04%	30.17%
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, ENTIX achieves a -18.94% return, which is significantly lower than GAOAX's -5.28% return. Over the past 10 years, ENTIX has outperformed GAOAX with an annualized return of 8.58%, while GAOAX has yielded a comparatively lower 5.59% annualized return.

ENTIX

• 1D: -0.31%
• 1M: -8.18%
• YTD: -18.94%
• 6M: -23.76%
• 1Y: 6.13%
• 3Y*: 13.80%
• 5Y*: 0.66%
• 10Y*: 8.58%

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)

ENTIX vs. GAOAX - Expense Ratio Comparison

ENTIX has a 1.29% expense ratio, which is higher than GAOAX's 1.04% expense ratio.

ENTIX

ERShares Global Entrepreneurs™

GAOAX

JPMorgan Global Allocation Fund A

Return for Risk

ENTIX vs. GAOAX — Risk / Return Rank

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

ENTIX

ENTIX Risk / Return Rank: 9
ENTIX Sharpe Ratio Rank: 10
ENTIX Sortino Ratio Rank: 10
ENTIX Omega Ratio Rank: 10
ENTIX Calmar Ratio Rank: 8
ENTIX Martin Ratio Rank: 8

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.

ENTIX vs. GAOAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ERShares Global Entrepreneurs™ (ENTIX) 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.

	ENTIX	GAOAX	Difference
Sharpe ratio Return per unit of total volatility	0.21	0.72	-0.51
Sortino ratio Return per unit of downside risk	0.46	1.06	-0.60
Omega ratio Gain probability vs. loss probability	1.06	1.15	-0.09
Calmar ratio Return relative to maximum drawdown	0.11	0.82	-0.72
Martin ratio Return relative to average drawdown	0.30	3.42	-3.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ENTIX vs. GAOAX - Sharpe Ratio Comparison

The current ENTIX Sharpe Ratio is 0.21, which is lower than the GAOAX Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of ENTIX 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

	ENTIX	GAOAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.21	0.72	-0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	0.16	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.52	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.53	-0.12

Correlation

The correlation between ENTIX and GAOAX is 0.82, 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

ENTIX vs. GAOAX - Dividend Comparison

ENTIX's dividend yield for the trailing twelve months is around 0.05%, less than GAOAX's 10.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENTIX ERShares Global Entrepreneurs™	0.05%	0.04%	0.61%	0.07%	0.00%	29.89%	10.55%	3.00%	2.92%	8.18%	0.00%	0.37%
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

ENTIX vs. GAOAX - Drawdown Comparison

The maximum ENTIX drawdown since its inception was -54.84%, which is greater than GAOAX's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for ENTIX and GAOAX.

Drawdown Indicators

	ENTIX	GAOAX	Difference
Max Drawdown Largest peak-to-trough decline	-54.84%	-29.02%	-25.82%
Max Drawdown (1Y) Largest decline over 1 year	-25.35%	-8.95%	-16.40%
Max Drawdown (5Y) Largest decline over 5 years	-44.84%	-29.02%	-15.82%
Max Drawdown (10Y) Largest decline over 10 years	-54.84%	-29.02%	-25.82%
Current Drawdown Current decline from peak	-25.35%	-8.95%	-16.40%
Average Drawdown Average peak-to-trough decline	-13.72%	-6.01%	-7.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.76%	2.15%	+6.61%

Volatility

ENTIX vs. GAOAX - Volatility Comparison

ERShares Global Entrepreneurs™ (ENTIX) has a higher volatility of 6.21% compared to JPMorgan Global Allocation Fund A (GAOAX) at 4.64%. This indicates that ENTIX'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

	ENTIX	GAOAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	4.64%	+1.57%
Volatility (6M) Calculated over the trailing 6-month period	15.19%	7.42%	+7.77%
Volatility (1Y) Calculated over the trailing 1-year period	23.24%	11.46%	+11.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.73%	11.02%	+10.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.81%	10.80%	+10.01%