GLRBX vs. JAVAX

Last updated Aug 1, 2026

GLRBX (James Balanced: Golden Rainbow Fund) and JAVAX (James Aggressive Allocation Fund) are both Diversified Portfolio funds from James Advantage. Over the past 10 years, GLRBX returned 4.81%/yr vs 7.71%/yr for JAVAX. Their 0.95 correlation means they have historically moved very closely together. GLRBX charges 1.18%/yr vs 1.01%/yr for JAVAX.

Performance

GLRBX vs. JAVAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in James Balanced: Golden Rainbow Fund (GLRBX) and James Aggressive Allocation Fund (JAVAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLRBX achieves a 5.13% return, which is significantly lower than JAVAX's 11.23% return. Over the past 10 years, GLRBX has underperformed JAVAX with an annualized return of 4.81%, while JAVAX has yielded a comparatively higher 7.71% annualized return.

GLRBX

• 1D: 1.13%
• 1M: -0.40%
• 6M: 3.02%
• YTD: 5.13%
• 1Y: 12.98%
• 3Y*: 11.33%
• 5Y*: 6.14%
• 10Y*: 4.81%
• ALL TIME*: 6.12%

JAVAX

• 1D: 1.63%
• 1M: -0.38%
• 6M: 7.35%
• YTD: 11.23%
• 1Y: 21.30%
• 3Y*: 16.94%
• 5Y*: 10.21%
• 10Y*: 7.71%
• ALL TIME*: 8.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GLRBX James Balanced: Golden Rainbow Fund	$0.00	$0.00	$0.00
JAVAX James Aggressive Allocation Fund	$0.00	$0.00	$0.00

GLRBX vs. JAVAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLRBX James Balanced: Golden Rainbow Fund	5.13%	13.16%	12.27%	11.52%	-12.77%	12.69%	1.54%	12.10%	-10.60%	6.03%
JAVAX James Aggressive Allocation Fund	11.23%	15.92%	19.13%	19.31%	-15.81%	16.87%	-1.43%	19.20%	-13.31%	11.45%

Correlation

The correlation between GLRBX and JAVAX is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.95
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (5Y) Shows whether the relationship held over a longer period.	0.96
Correlation (10Y) Provides a long-term view across more market conditions.	0.95
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.95

The correlation between GLRBX and JAVAX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

GLRBX vs. JAVAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GLRBX

GLRBX Risk / Return Rank: 70
GLRBX Sharpe Ratio Rank: 67
GLRBX Sortino Ratio Rank: 69
GLRBX Omega Ratio Rank: 67
GLRBX Calmar Ratio Rank: 67
GLRBX Martin Ratio Rank: 81

JAVAX

JAVAX Risk / Return Rank: 74
JAVAX Sharpe Ratio Rank: 70
JAVAX Sortino Ratio Rank: 68
JAVAX Omega Ratio Rank: 66
JAVAX Calmar Ratio Rank: 79
JAVAX Martin Ratio Rank: 86

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GLRBX vs. JAVAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for James Balanced: Golden Rainbow Fund (GLRBX) and James Aggressive Allocation Fund (JAVAX). 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.

	GLRBX	JAVAX	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.65	-0.02
Sortino ratio: Return per unit of downside risk	2.38	2.36	+0.02
Omega ratio: Gain probability vs. loss probability	1.30	1.29	+0.01
Calmar ratio: Return relative to maximum drawdown	2.26	2.64	-0.38
Martin ratio: Return relative to average drawdown	10.02	11.16	-1.14

GLRBX vs. JAVAX - Sharpe Ratio Comparison

The current GLRBX Sharpe Ratio is 1.63, which is comparable to the JAVAX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of GLRBX and JAVAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GLRBX vs. JAVAX - Drawdown Comparison

The maximum GLRBX drawdown since its inception was -21.59%, smaller than the maximum JAVAX drawdown of -27.76%. Use the drawdown chart below to compare losses from any high point for GLRBX and JAVAX.

Drawdown Indicators

	GLRBX	JAVAX	Difference
Max Drawdown Largest peak-to-trough decline	-21.59%	-27.76%	+6.17%
Max Drawdown (1Y) Largest decline over 1 year	-5.55%	-7.47%	+1.92%
Max Drawdown (3Y) Largest decline over 3 years	-8.75%	-16.24%	+7.49%
Max Drawdown (5Y) Largest decline over 5 years	-16.73%	-22.29%	+5.56%
Max Drawdown (10Y) Largest decline over 10 years	-16.86%	-27.76%	+10.90%
Current Drawdown Current decline from peak	-0.76%	-1.68%	+0.92%
Average Drawdown Average peak-to-trough decline	-3.26%	-5.30%	+2.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.25%	1.76%	-0.51%

Volatility

GLRBX vs. JAVAX - Volatility Comparison

The current volatility for James Balanced: Golden Rainbow Fund (GLRBX) is 2.17%, while James Aggressive Allocation Fund (JAVAX) has a volatility of 3.70%. This indicates that GLRBX experiences smaller price fluctuations and is considered to be less risky than JAVAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLRBX	JAVAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.17%	3.70%	-1.53%
Volatility (6M) Calculated over the trailing 6-month period	6.44%	9.61%	-3.17%
Volatility (1Y) Calculated over the trailing 1-year period	7.73%	11.96%	-4.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.44%	13.71%	-5.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.34%	13.81%	-5.47%

GLRBX vs. JAVAX - Expense Ratio Comparison

GLRBX has a 1.18% expense ratio, which is higher than JAVAX's 1.01% expense ratio.

Dividends

GLRBX vs. JAVAX - Dividend Comparison

GLRBX's dividend yield for the trailing twelve months is around 4.73%, more than JAVAX's 0.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLRBX James Balanced: Golden Rainbow Fund	4.73%	4.95%	3.31%	2.05%	5.18%	6.72%	1.14%	1.90%	11.45%	7.69%	1.59%	2.59%
JAVAX James Aggressive Allocation Fund	0.50%	0.55%	0.67%	0.63%	0.83%	0.20%	0.86%	5.12%	0.95%	0.71%	0.90%	0.00%

Frequently Asked Questions

Can I hold both GLRBX and JAVAX in my portfolio?

With a correlation of 0.95, GLRBX and JAVAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GLRBX or JAVAX?

JAVAX has higher volatility (3.70%) compared to GLRBX (2.17%). In terms of maximum drawdown, GLRBX dropped -21.59% vs JAVAX's -27.76%.

Which has better risk-adjusted returns?

JAVAX currently has the higher Sharpe Ratio (1.65 vs 1.63), 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.