GBOSX vs. BRW
GBOSX (JPMorgan Global Bond Opportunities Fund) and BRW (Saba Capital Income & Opportunities Fund) are both Multisector Bonds funds. Over the past 5 years, GBOSX returned 2.56%/yr vs 7.01%/yr for BRW. At a 0.19 correlation, their price movements are largely independent. GBOSX charges 0.65%/yr vs 1.71%/yr for BRW.
Performance
GBOSX vs. BRW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GBOSX achieves a 0.70% return, which is significantly lower than BRW's 3.21% return.
GBOSX
- 1D
- -0.20%
- 1M
- -0.54%
- 6M
- 0.09%
- YTD
- 0.70%
- 1Y
- 4.53%
- 3Y*
- 5.49%
- 5Y*
- 2.56%
- 10Y*
- 3.75%
BRW
- 1D
- -0.90%
- 1M
- 2.36%
- 6M
- 4.03%
- YTD
- 3.21%
- 1Y
- -5.76%
- 3Y*
- 9.50%
- 5Y*
- 7.01%
- 10Y*
- —
GBOSX vs. BRW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GBOSX JPMorgan Global Bond Opportunities Fund | 0.70% | 7.90% | 3.53% | 6.96% | -6.04% | 1.24% |
BRW Saba Capital Income & Opportunities Fund | 3.21% | 5.89% | 12.16% | 18.49% | -4.64% | 3.19% |
Correlation
The correlation between GBOSX and BRW is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since May 5, 2021 | 0.19 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GBOSX vs. BRW — Risk / Return Rank
GBOSX
BRW
GBOSX vs. BRW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Bond Opportunities Fund (GBOSX) and Saba Capital Income & Opportunities Fund (BRW). 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.
| GBOSX | BRW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.63 | ||
| Sortino ratioReturn per unit of downside risk | +2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.93 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | -0.33 | +1.49 |
| Martin ratioReturn relative to average drawdown | 3.99 | -0.55 | +4.54 |
Loading charts...
Drawdowns
GBOSX vs. BRW - Drawdown Comparison
The maximum GBOSX drawdown since its inception was -11.48%, smaller than the maximum BRW drawdown of -17.74%. Use the drawdown chart below to compare losses from any high point for GBOSX and BRW.
Loading charts...
Drawdown Indicators
| GBOSX | BRW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.48% | -17.74% | +6.26% |
Max Drawdown (1Y)Largest decline over 1 year | -3.90% | -17.74% | +13.84% |
Max Drawdown (3Y)Largest decline over 3 years | -3.90% | -17.74% | +13.84% |
Max Drawdown (5Y)Largest decline over 5 years | -10.86% | -17.74% | +6.88% |
Max Drawdown (10Y)Largest decline over 10 years | -11.48% | — | — |
Current DrawdownCurrent decline from peak | -1.06% | -9.06% | +8.00% |
Average DrawdownAverage peak-to-trough decline | -1.50% | -4.07% | +2.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 10.46% | -9.32% |
Volatility
GBOSX vs. BRW - Volatility Comparison
The current volatility for JPMorgan Global Bond Opportunities Fund (GBOSX) is 0.81%, while Saba Capital Income & Opportunities Fund (BRW) has a volatility of 3.33%. This indicates that GBOSX experiences smaller price fluctuations and is considered to be less risky than BRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GBOSX | BRW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.81% | 3.33% | -2.52% |
Volatility (6M)Calculated over the trailing 6-month period | 3.41% | 8.44% | -5.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.80% | 13.48% | -9.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.74% | 12.95% | -9.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.48% | 12.87% | -9.39% |
GBOSX vs. BRW - Expense Ratio Comparison
GBOSX has a 0.65% expense ratio, which is lower than BRW's 1.71% expense ratio.
Dividends
GBOSX vs. BRW - Dividend Comparison
GBOSX's dividend yield for the trailing twelve months is around 4.58%, less than BRW's 15.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRW Saba Capital Income & Opportunities Fund | 15.39% | 14.46% | 12.27% | 16.02% | 13.82% | 4.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GBOSX JPMorgan Global Bond Opportunities Fund | 4.58% | 4.79% | 4.41% | 3.92% | 3.68% | 2.61% | 3.29% | 4.06% | 5.74% | 3.32% | 4.80% | 5.12% |
Frequently Asked Questions
GBOSX and BRW have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRW has higher volatility (3.33%) compared to GBOSX (0.81%). In terms of maximum drawdown, GBOSX dropped -11.48% vs BRW's -17.74%.
GBOSX currently has the higher Sharpe Ratio (1.20 vs -0.43), 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.
Find the right allocation for GBOSX and BRW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer