GAOAX vs. ENTIX
GAOAX (JPMorgan Global Allocation Fund A) and ENTIX (ERShares Global Entrepreneurs™) are both Global Equities funds. Over the past 10 years, GAOAX returned 6.51%/yr vs 9.97%/yr for ENTIX. Their correlation of 0.81 suggests significant overlap in exposure. GAOAX charges 1.04%/yr vs 1.29%/yr for ENTIX.
Performance
GAOAX vs. ENTIX - Performance Comparison
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Returns By Period
In the year-to-date period, GAOAX achieves a 4.56% return, which is significantly higher than ENTIX's -6.62% return. Over the past 10 years, GAOAX has underperformed ENTIX with an annualized return of 6.51%, while ENTIX has yielded a comparatively higher 9.97% annualized return.
GAOAX
- 1D
- 0.79%
- 1M
- 0.93%
- YTD
- 4.56%
- 6M
- 4.61%
- 1Y
- 14.27%
- 3Y*
- 10.85%
- 5Y*
- 3.23%
- 10Y*
- 6.51%
ENTIX
- 1D
- 0.65%
- 1M
- -1.65%
- YTD
- -6.62%
- 6M
- -8.56%
- 1Y
- 3.17%
- 3Y*
- 17.06%
- 5Y*
- 3.16%
- 10Y*
- 9.97%
GAOAX vs. ENTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GAOAX JPMorgan Global Allocation Fund A | 4.56% | 14.68% | 7.91% | 12.69% | -18.74% | 3.60% | 15.29% | 15.95% | -6.07% | 16.82% |
ENTIX ERShares Global Entrepreneurs™ | -6.62% | 22.05% | 33.84% | 23.82% | -31.67% | -8.38% | 38.75% | 27.65% | -11.04% | 30.17% |
Correlation
The correlation between GAOAX and ENTIX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2013 | 0.81 |
The correlation between GAOAX and ENTIX has been stable across timeframes, ranging from 0.72 to 0.82 - a consistent structural relationship.
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Return for Risk
GAOAX vs. ENTIX — Risk / Return Rank
GAOAX
ENTIX
GAOAX vs. ENTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Allocation Fund A (GAOAX) and ERShares Global Entrepreneurs™ (ENTIX). 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.
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 | ENTIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.22 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.04 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 0.12 | +1.45 |
| Martin ratioReturn relative to average drawdown | 6.18 | 0.28 | +5.91 |
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Drawdowns
GAOAX vs. ENTIX - Drawdown Comparison
The maximum GAOAX drawdown since its inception was -29.02%, smaller than the maximum ENTIX drawdown of -54.84%. Use the drawdown chart below to compare losses from any high point for GAOAX and ENTIX.
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Drawdown Indicators
| GAOAX | ENTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.02% | -54.84% | +25.82% |
Max Drawdown (1Y)Largest decline over 1 year | -8.95% | -25.35% | +16.40% |
Max Drawdown (3Y)Largest decline over 3 years | -10.87% | -25.35% | +14.48% |
Max Drawdown (5Y)Largest decline over 5 years | -29.02% | -44.84% | +15.82% |
Max Drawdown (10Y)Largest decline over 10 years | -29.02% | -54.84% | +25.82% |
Current DrawdownCurrent decline from peak | -0.86% | -14.00% | +13.14% |
Average DrawdownAverage peak-to-trough decline | -5.94% | -13.74% | +7.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 11.28% | -9.00% |
Volatility
GAOAX vs. ENTIX - Volatility Comparison
The current volatility for JPMorgan Global Allocation Fund A (GAOAX) is 4.06%, while ERShares Global Entrepreneurs™ (ENTIX) has a volatility of 6.80%. This indicates that GAOAX experiences smaller price fluctuations and is considered to be less risky than ENTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GAOAX | ENTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 6.80% | -2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 8.71% | 16.02% | -7.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.27% | 20.53% | -10.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.20% | 21.81% | -10.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.92% | 21.00% | -10.08% |
GAOAX vs. ENTIX - Expense Ratio Comparison
GAOAX has a 1.04% expense ratio, which is lower than ENTIX's 1.29% expense ratio.
Dividends
GAOAX vs. ENTIX - Dividend Comparison
GAOAX's dividend yield for the trailing twelve months is around 9.23%, more than ENTIX's 0.05% yield.
| Position | 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 | 9.23% | 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
GAOAX and ENTIX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENTIX has higher volatility (6.80%) compared to GAOAX (4.06%). In terms of maximum drawdown, GAOAX dropped -29.02% vs ENTIX's -54.84%.
GAOAX currently has the higher Sharpe Ratio (1.37 vs 0.15), 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.
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