GAOAX vs. VOO
Compare and contrast key facts about JPMorgan Global Allocation Fund A (GAOAX) and Vanguard S&P 500 ETF (VOO).
GAOAX is managed by JPMorgan Chase. It was launched on May 31, 2011. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAOAX or VOO.
Correlation
The correlation between GAOAX and VOO is 0.91, 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.
Performance
GAOAX vs. VOO - Performance Comparison
Key characteristics
GAOAX:
1.21
VOO:
1.89
GAOAX:
1.74
VOO:
2.54
GAOAX:
1.22
VOO:
1.35
GAOAX:
0.70
VOO:
2.83
GAOAX:
5.80
VOO:
11.83
GAOAX:
1.91%
VOO:
2.02%
GAOAX:
9.16%
VOO:
12.66%
GAOAX:
-30.93%
VOO:
-33.99%
GAOAX:
-5.65%
VOO:
-0.42%
Returns By Period
The year-to-date returns for both stocks are quite close, with GAOAX having a 4.29% return and VOO slightly lower at 4.17%. Over the past 10 years, GAOAX has underperformed VOO with an annualized return of 4.14%, while VOO has yielded a comparatively higher 13.26% annualized return.
GAOAX
4.29%
1.70%
3.01%
11.26%
3.29%
4.14%
VOO
4.17%
1.23%
10.51%
24.45%
14.68%
13.26%
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GAOAX vs. VOO - Expense Ratio Comparison
GAOAX has a 1.04% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
GAOAX vs. VOO — Risk-Adjusted Performance Rank
GAOAX
VOO
GAOAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Allocation Fund A (GAOAX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
GAOAX vs. VOO - Dividend Comparison
GAOAX's dividend yield for the trailing twelve months is around 2.25%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAOAX JPMorgan Global Allocation Fund A | 2.25% | 2.34% | 0.01% | 4.63% | 1.70% | 1.03% | 2.43% | 2.51% | 1.38% | 2.60% | 0.85% | 2.31% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
GAOAX vs. VOO - Drawdown Comparison
The maximum GAOAX drawdown since its inception was -30.93%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GAOAX and VOO. For additional features, visit the drawdowns tool.
Volatility
GAOAX vs. VOO - Volatility Comparison
The current volatility for JPMorgan Global Allocation Fund A (GAOAX) is 2.16%, while Vanguard S&P 500 ETF (VOO) has a volatility of 2.94%. This indicates that GAOAX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.