JAMEX vs. SGOIX

Last updated Aug 4, 2026

JAMEX (Jamestown Equity Fund) and SGOIX (First Eagle Overseas Fund Class I) are both mutual funds - JAMEX is a Large Cap Blend Equities fund managed by Brockenbrough, while SGOIX is a Foreign Large Cap Equities fund managed by First Eagle. Over the past 10 years, JAMEX returned 14.67%/yr vs 8.35%/yr for SGOIX. Their 0.47 correlation means their historical movements had little consistent relationship. JAMEX charges 0.98%/yr vs 0.88%/yr for SGOIX.

Performance

JAMEX vs. SGOIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Jamestown Equity Fund (JAMEX) and First Eagle Overseas Fund Class I (SGOIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JAMEX having a 11.77% return and SGOIX slightly lower at 11.27%. Over the past 10 years, JAMEX has outperformed SGOIX with an annualized return of 14.67%, while SGOIX has yielded a comparatively lower 8.35% annualized return.

JAMEX

• 1D: 1.30%
• 1M: 2.54%
• 6M: 8.54%
• YTD: 11.77%
• 1Y: 23.81%
• 3Y*: 19.89%
• 5Y*: 12.71%
• 10Y*: 14.67%
• ALL TIME*: 8.88%

SGOIX

• 1D: -0.77%
• 1M: 3.29%
• 6M: 4.81%
• YTD: 11.27%
• 1Y: 29.00%
• 3Y*: 18.83%
• 5Y*: 10.84%
• 10Y*: 8.35%
• ALL TIME*: 10.10%

*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)
JAMEX Jamestown Equity Fund	$0.00	$0.00	$0.00
SGOIX First Eagle Overseas Fund Class I	$0.00	$0.00	$0.00

JAMEX vs. SGOIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JAMEX Jamestown Equity Fund	11.77%	19.13%	23.43%	24.31%	-16.56%	26.75%	21.84%	34.98%	-11.30%	19.44%
SGOIX First Eagle Overseas Fund Class I	11.27%	39.06%	6.45%	10.73%	-7.86%	5.25%	7.25%	17.90%	-9.95%	14.38%

Correlation

The correlation between JAMEX and SGOIX is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.62
Correlation (3Y) Balances recent behavior with more history.	0.59
Correlation (5Y) Shows whether the relationship held over a longer period.	0.65
Correlation (10Y) Provides a long-term view across more market conditions.	0.66
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999	0.47

The correlation between JAMEX and SGOIX shifts across timeframes, from 0.47 (all time) to 0.66 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

JAMEX vs. SGOIX — Risk / Return Rank

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

JAMEX

JAMEX Risk / Return Rank: 68
JAMEX Sharpe Ratio Rank: 69
JAMEX Sortino Ratio Rank: 64
JAMEX Omega Ratio Rank: 63
JAMEX Calmar Ratio Rank: 70
JAMEX Martin Ratio Rank: 75

SGOIX

SGOIX Risk / Return Rank: 77
SGOIX Sharpe Ratio Rank: 90
SGOIX Sortino Ratio Rank: 83
SGOIX Omega Ratio Rank: 84
SGOIX Calmar Ratio Rank: 77
SGOIX Martin Ratio Rank: 51

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.

JAMEX vs. SGOIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jamestown Equity Fund (JAMEX) and First Eagle Overseas Fund Class I (SGOIX). 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.

	JAMEX	SGOIX	Difference
Sharpe ratio: Return per unit of total volatility	1.73	2.28	-0.55
Sortino ratio: Return per unit of downside risk	2.37	3.00	-0.63
Omega ratio: Gain probability vs. loss probability	1.30	1.42	-0.12
Calmar ratio: Return relative to maximum drawdown	2.41	2.60	-0.18
Martin ratio: Return relative to average drawdown	9.74	7.55	+2.19

JAMEX vs. SGOIX - Sharpe Ratio Comparison

The current JAMEX Sharpe Ratio is 1.73, which is comparable to the SGOIX Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of JAMEX and SGOIX, 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

JAMEX vs. SGOIX - Drawdown Comparison

The maximum JAMEX drawdown since its inception was -49.25%, which is greater than SGOIX's maximum drawdown of -35.54%. Use the drawdown chart below to compare losses from any high point for JAMEX and SGOIX.

Drawdown Indicators

	JAMEX	SGOIX	Difference
Max Drawdown Largest peak-to-trough decline	-49.25%	-35.54%	-13.71%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-11.35%	+2.24%
Max Drawdown (3Y) Largest decline over 3 years	-18.04%	-11.35%	-6.69%
Max Drawdown (5Y) Largest decline over 5 years	-24.30%	-20.21%	-4.09%
Max Drawdown (10Y) Largest decline over 10 years	-30.65%	-24.79%	-5.86%
Current Drawdown Current decline from peak	-0.10%	-2.35%	+2.25%
Average Drawdown Average peak-to-trough decline	-10.67%	-4.57%	-6.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	3.90%	-1.64%

Volatility

JAMEX vs. SGOIX - Volatility Comparison

Jamestown Equity Fund (JAMEX) and First Eagle Overseas Fund Class I (SGOIX) have volatilities of 3.59% and 3.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JAMEX	SGOIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	3.50%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	9.88%	11.17%	-1.29%
Volatility (1Y) Calculated over the trailing 1-year period	12.70%	12.96%	-0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.38%	12.05%	+4.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.40%	11.44%	+5.96%

JAMEX vs. SGOIX - Expense Ratio Comparison

JAMEX has a 0.98% expense ratio, which is higher than SGOIX's 0.88% expense ratio.

Dividends

JAMEX vs. SGOIX - Dividend Comparison

JAMEX's dividend yield for the trailing twelve months is around 5.97%, less than SGOIX's 7.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JAMEX Jamestown Equity Fund	5.97%	7.87%	5.06%	3.78%	14.58%	1.70%	4.94%	10.25%	2.83%	6.52%	4.90%	6.67%
SGOIX First Eagle Overseas Fund Class I	7.60%	8.45%	8.49%	2.45%	3.81%	5.92%	0.47%	5.70%	3.36%	3.59%	3.80%	1.58%

Frequently Asked Questions

Can I hold both JAMEX and SGOIX in my portfolio?

JAMEX and SGOIX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JAMEX or SGOIX?

JAMEX has higher volatility (3.59%) compared to SGOIX (3.50%). In terms of maximum drawdown, JAMEX dropped -49.25% vs SGOIX's -35.54%.

Which has better risk-adjusted returns?

SGOIX currently has the higher Sharpe Ratio (2.28 vs 1.73), 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.