GGMMX vs. GAOAX
Compare and contrast key facts about Gabelli Global Mini MitesTM Fund (GGMMX) and JPMorgan Global Allocation Fund A (GAOAX).
GGMMX is managed by Gabelli. It was launched on Sep 30, 2018. GAOAX is managed by JPMorgan. It was launched on May 31, 2011.
Performance
GGMMX vs. GAOAX - Performance Comparison
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GGMMX vs. GAOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
GGMMX Gabelli Global Mini MitesTM Fund | 0.61% | 10.57% | 1.65% | 39.12% | -16.24% | 19.30% | 15.86% | 3.52% |
GAOAX JPMorgan Global Allocation Fund A | -5.28% | 14.68% | 7.91% | 12.69% | -18.74% | 3.60% | 15.29% | 8.85% |
Returns By Period
In the year-to-date period, GGMMX achieves a 0.61% return, which is significantly higher than GAOAX's -5.28% return.
GGMMX
- 1D
- -0.52%
- 1M
- -7.75%
- YTD
- 0.61%
- 6M
- 2.29%
- 1Y
- 18.40%
- 3Y*
- 13.46%
- 5Y*
- 6.42%
- 10Y*
- —
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%
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GGMMX vs. GAOAX - Expense Ratio Comparison
GGMMX has a 0.90% expense ratio, which is lower than GAOAX's 1.04% expense ratio.
Return for Risk
GGMMX vs. GAOAX — Risk / Return Rank
GGMMX
GAOAX
GGMMX vs. GAOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Mini MitesTM Fund (GGMMX) 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.
| GGMMX | GAOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.21 | 0.72 | +0.48 |
Sortino ratioReturn per unit of downside risk | 1.75 | 1.06 | +0.69 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.15 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.80 | 0.82 | +0.98 |
Martin ratioReturn relative to average drawdown | 5.91 | 3.42 | +2.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GGMMX | GAOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 0.72 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.16 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.53 | -0.05 |
Correlation
The correlation between GGMMX and GAOAX is 0.70, 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
GGMMX vs. GAOAX - Dividend Comparison
GGMMX's dividend yield for the trailing twelve months is around 6.73%, less than GAOAX's 10.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGMMX Gabelli Global Mini MitesTM Fund | 6.73% | 6.77% | 0.00% | 11.14% | 6.22% | 14.98% | 0.54% | 3.96% | 0.00% | 0.00% | 0.00% | 0.00% |
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
GGMMX vs. GAOAX - Drawdown Comparison
The maximum GGMMX drawdown since its inception was -40.23%, which is greater than GAOAX's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for GGMMX and GAOAX.
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Drawdown Indicators
| GGMMX | GAOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.23% | -29.02% | -11.21% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | -8.95% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -31.83% | -29.02% | -2.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.02% | — |
Current DrawdownCurrent decline from peak | -8.11% | -8.95% | +0.84% |
Average DrawdownAverage peak-to-trough decline | -10.05% | -6.01% | -4.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 2.15% | +0.55% |
Volatility
GGMMX vs. GAOAX - Volatility Comparison
The current volatility for Gabelli Global Mini MitesTM Fund (GGMMX) is 3.94%, while JPMorgan Global Allocation Fund A (GAOAX) has a volatility of 4.64%. This indicates that GGMMX experiences smaller price fluctuations and is considered to be less risky than GAOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GGMMX | GAOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.94% | 4.64% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 7.42% | +1.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.79% | 11.46% | +3.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.73% | 11.02% | +6.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.12% | 10.80% | +9.32% |