JGACX vs. JLGMX

Last updated Aug 1, 2026

JGACX (JPMorgan Growth Advantage Fund) and JLGMX (JPMorgan Large Cap Growth Fund Class R6) are both Large Cap Growth Equities funds from JPMorgan. Over the past 10 years, JGACX returned 17.02%/yr vs 18.67%/yr for JLGMX. Their 0.97 correlation means they have historically moved very closely together. JGACX charges 1.54%/yr vs 0.44%/yr for JLGMX.

Performance

JGACX vs. JLGMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Growth Advantage Fund (JGACX) and JPMorgan Large Cap Growth Fund Class R6 (JLGMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JGACX achieves a -1.99% return, which is significantly lower than JLGMX's -1.77% return. Over the past 10 years, JGACX has underperformed JLGMX with an annualized return of 17.02%, while JLGMX has yielded a comparatively higher 18.67% annualized return.

JGACX

• 1D: 2.67%
• 1M: -3.94%
• 6M: -0.21%
• YTD: -1.99%
• 1Y: 5.02%
• 3Y*: 19.05%
• 5Y*: 10.35%
• 10Y*: 17.02%
• ALL TIME*: 12.59%

JLGMX

• 1D: 3.89%
• 1M: -4.42%
• 6M: -0.57%
• YTD: -1.77%
• 1Y: 4.85%
• 3Y*: 17.12%
• 5Y*: 10.10%
• 10Y*: 18.67%
• ALL TIME*: 16.23%

*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)
JGACX JPMorgan Growth Advantage Fund	$0.00	$0.00	$0.00
JLGMX JPMorgan Large Cap Growth Fund Class R6	$0.00	$0.00	$0.00

JGACX vs. JLGMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JGACX JPMorgan Growth Advantage Fund	-1.99%	14.89%	41.22%	39.06%	-30.57%	20.93%	52.51%	35.24%	-2.01%	28.54%
JLGMX JPMorgan Large Cap Growth Fund Class R6	-1.77%	14.38%	35.40%	34.95%	-25.20%	18.48%	56.39%	39.47%	0.74%	38.41%

Correlation

The correlation between JGACX and JLGMX is 0.96 - 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.	0.96
Correlation (3Y) Balances recent behavior with more history.	0.98
Correlation (5Y) Shows whether the relationship held over a longer period.	0.98
Correlation (10Y) Provides a long-term view across more market conditions.	0.97
Correlation (All Time) Calculated using the full available price history since Nov 30, 2010	0.97

The correlation between JGACX and JLGMX has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

Return for Risk

JGACX vs. JLGMX — Risk / Return Rank

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

JGACX

JGACX Risk / Return Rank: 7
JGACX Sharpe Ratio Rank: 7
JGACX Sortino Ratio Rank: 7
JGACX Omega Ratio Rank: 7
JGACX Calmar Ratio Rank: 7
JGACX Martin Ratio Rank: 7

JLGMX

JLGMX Risk / Return Rank: 8
JLGMX Sharpe Ratio Rank: 7
JLGMX Sortino Ratio Rank: 8
JLGMX Omega Ratio Rank: 8
JLGMX Calmar Ratio Rank: 7
JLGMX Martin Ratio Rank: 7

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.

JGACX vs. JLGMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Growth Advantage Fund (JGACX) and JPMorgan Large Cap Growth Fund Class R6 (JLGMX). 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.

	JGACX	JLGMX	Difference
Sharpe ratio: Return per unit of total volatility	0.19	0.18	+0.01
Sortino ratio: Return per unit of downside risk	0.39	0.38	+0.01
Omega ratio: Gain probability vs. loss probability	1.05	1.05	0.00
Calmar ratio: Return relative to maximum drawdown	0.21	0.20	+0.01
Martin ratio: Return relative to average drawdown	0.61	0.54	+0.07

JGACX vs. JLGMX - Sharpe Ratio Comparison

The current JGACX Sharpe Ratio is 0.19, which is comparable to the JLGMX Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of JGACX and JLGMX, 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

JGACX vs. JLGMX - Drawdown Comparison

The maximum JGACX drawdown since its inception was -54.27%, which is greater than JLGMX's maximum drawdown of -31.82%. Use the drawdown chart below to compare losses from any high point for JGACX and JLGMX.

Drawdown Indicators

	JGACX	JLGMX	Difference
Max Drawdown Largest peak-to-trough decline	-54.27%	-31.82%	-22.45%
Max Drawdown (1Y) Largest decline over 1 year	-15.94%	-16.73%	+0.79%
Max Drawdown (3Y) Largest decline over 3 years	-24.45%	-21.47%	-2.98%
Max Drawdown (5Y) Largest decline over 5 years	-35.58%	-31.13%	-4.45%
Max Drawdown (10Y) Largest decline over 10 years	-35.58%	-31.82%	-3.76%
Current Drawdown Current decline from peak	-8.82%	-9.01%	+0.19%
Average Drawdown Average peak-to-trough decline	-9.22%	-5.80%	-3.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.48%	6.21%	-0.73%

Volatility

JGACX vs. JLGMX - Volatility Comparison

The current volatility for JPMorgan Growth Advantage Fund (JGACX) is 6.68%, while JPMorgan Large Cap Growth Fund Class R6 (JLGMX) has a volatility of 8.32%. This indicates that JGACX experiences smaller price fluctuations and is considered to be less risky than JLGMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JGACX	JLGMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.68%	8.32%	-1.64%
Volatility (6M) Calculated over the trailing 6-month period	14.33%	15.28%	-0.95%
Volatility (1Y) Calculated over the trailing 1-year period	17.75%	18.99%	-1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.83%	20.74%	+2.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.02%	21.80%	+1.22%

JGACX vs. JLGMX - Expense Ratio Comparison

JGACX has a 1.54% expense ratio, which is higher than JLGMX's 0.44% expense ratio.

Dividends

JGACX vs. JLGMX - Dividend Comparison

JGACX's dividend yield for the trailing twelve months is around 17.57%, more than JLGMX's 11.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JGACX JPMorgan Growth Advantage Fund	17.57%	17.22%	16.40%	0.81%	0.54%	19.49%	12.46%	11.71%	11.44%	0.16%	0.00%	3.95%
JLGMX JPMorgan Large Cap Growth Fund Class R6	11.24%	11.04%	2.12%	0.31%	3.49%	14.25%	5.14%	12.65%	15.59%	14.44%	9.71%	4.43%

Frequently Asked Questions

Can I hold both JGACX and JLGMX in my portfolio?

With a correlation of 0.96, JGACX and JLGMX 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, JGACX or JLGMX?

JLGMX has higher volatility (8.32%) compared to JGACX (6.68%). In terms of maximum drawdown, JGACX dropped -54.27% vs JLGMX's -31.82%.

Which has better risk-adjusted returns?

JGACX currently has the higher Sharpe Ratio (0.19 vs 0.18), 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.