GAOSX vs. GBFFX
Compare and contrast key facts about JPMorgan Global Allocation Fund (GAOSX) and GMO Benchmark-Free Fund (GBFFX).
GAOSX is managed by JPMorgan. It was launched on May 30, 2011. GBFFX is managed by GMO. It was launched on Jun 14, 2011.
Performance
GAOSX vs. GBFFX - Performance Comparison
Loading graphics...
GAOSX vs. GBFFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GAOSX JPMorgan Global Allocation Fund | -5.26% | 14.96% | 8.21% | 13.02% | -18.59% | 9.54% | 15.55% | 16.27% | -5.81% | 17.12% |
GBFFX GMO Benchmark-Free Fund | 4.66% | 24.07% | 0.40% | 15.24% | -3.36% | 4.38% | -3.35% | 13.79% | -7.12% | 17.06% |
Returns By Period
In the year-to-date period, GAOSX achieves a -5.26% return, which is significantly lower than GBFFX's 4.66% return. Both investments have delivered pretty close results over the past 10 years, with GAOSX having a 6.41% annualized return and GBFFX not far ahead at 6.59%.
GAOSX
- 1D
- -0.10%
- 1M
- -8.56%
- YTD
- -5.26%
- 6M
- -3.79%
- 1Y
- 8.55%
- 3Y*
- 8.15%
- 5Y*
- 3.12%
- 10Y*
- 6.41%
GBFFX
- 1D
- 0.26%
- 1M
- -4.58%
- YTD
- 4.66%
- 6M
- 11.31%
- 1Y
- 23.15%
- 3Y*
- 13.41%
- 5Y*
- 7.34%
- 10Y*
- 6.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GAOSX vs. GBFFX - Expense Ratio Comparison
GAOSX has a 0.77% expense ratio, which is higher than GBFFX's 0.35% expense ratio.
Return for Risk
GAOSX vs. GBFFX — Risk / Return Rank
GAOSX
GBFFX
GAOSX vs. GBFFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Allocation Fund (GAOSX) and GMO Benchmark-Free Fund (GBFFX). 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.
| GAOSX | GBFFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 2.90 | -2.15 |
Sortino ratioReturn per unit of downside risk | 1.09 | 3.84 | -2.75 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.59 | -0.43 |
Calmar ratioReturn relative to maximum drawdown | 0.85 | 3.54 | -2.69 |
Martin ratioReturn relative to average drawdown | 3.53 | 14.26 | -10.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GAOSX | GBFFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 2.90 | -2.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.92 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.73 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.64 | -0.03 |
Correlation
The correlation between GAOSX and GBFFX is 0.78, 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
GAOSX vs. GBFFX - Dividend Comparison
GAOSX's dividend yield for the trailing twelve months is around 10.22%, more than GBFFX's 4.89% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAOSX JPMorgan Global Allocation Fund | 10.22% | 10.23% | 2.52% | 0.00% | 4.86% | 10.17% | 1.67% | 2.65% | 2.71% | 3.18% | 2.76% | 1.16% |
GBFFX GMO Benchmark-Free Fund | 4.89% | 5.11% | 1.81% | 5.72% | 5.48% | 4.60% | 3.32% | 4.00% | 3.92% | 2.90% | 2.72% | 6.67% |
Drawdowns
GAOSX vs. GBFFX - Drawdown Comparison
The maximum GAOSX drawdown since its inception was -24.98%, smaller than the maximum GBFFX drawdown of -26.62%. Use the drawdown chart below to compare losses from any high point for GAOSX and GBFFX.
Loading graphics...
Drawdown Indicators
| GAOSX | GBFFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.98% | -26.62% | +1.64% |
Max Drawdown (1Y)Largest decline over 1 year | -8.93% | -6.13% | -2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -24.98% | -15.91% | -9.07% |
Max Drawdown (10Y)Largest decline over 10 years | -24.98% | -26.62% | +1.64% |
Current DrawdownCurrent decline from peak | -8.93% | -4.58% | -4.35% |
Average DrawdownAverage peak-to-trough decline | -4.74% | -4.42% | -0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 1.57% | +0.58% |
Volatility
GAOSX vs. GBFFX - Volatility Comparison
JPMorgan Global Allocation Fund (GAOSX) has a higher volatility of 4.67% compared to GMO Benchmark-Free Fund (GBFFX) at 3.16%. This indicates that GAOSX's price experiences larger fluctuations and is considered to be riskier than GBFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GAOSX | GBFFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.67% | 3.16% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 7.42% | 5.18% | +2.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.44% | 7.94% | +3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.84% | 8.01% | +2.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.69% | 9.06% | +1.63% |