JGASX vs. CAIBX

Last updated Jun 4, 2026

JGASX (JPMorgan Growth Advantage Fund Class A) and CAIBX (American Funds Capital Income Builder Class A) are both mutual funds - JGASX is a Large Cap Growth Equities fund actively managed by JPMorgan, while CAIBX is a Diversified Portfolio fund managed by American Funds. Over the past 10 years, JGASX returned 19.50%/yr vs 7.94%/yr for CAIBX. A 0.75 correlation means they provide meaningful diversification when combined. JGASX charges 0.74%/yr vs 0.59%/yr for CAIBX.

Performance

JGASX vs. CAIBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Growth Advantage Fund Class A (JGASX) and American Funds Capital Income Builder Class A (CAIBX). 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 JGASX having a 7.82% return and CAIBX slightly lower at 7.79%. Over the past 10 years, JGASX has outperformed CAIBX with an annualized return of 19.50%, while CAIBX has yielded a comparatively lower 7.94% annualized return.

JGASX

• 1D: 0.04%
• 1M: 5.72%
• YTD: 7.82%
• 6M: 6.53%
• 1Y: 23.56%
• 3Y*: 25.76%
• 5Y*: 14.59%
• 10Y*: 19.50%

CAIBX

• 1D: 0.57%
• 1M: 2.03%
• YTD: 7.79%
• 6M: 8.56%
• 1Y: 18.52%
• 3Y*: 15.22%
• 5Y*: 8.54%
• 10Y*: 7.94%

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

JGASX vs. CAIBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JGASX JPMorgan Growth Advantage Fund Class A	7.82%	15.79%	38.95%	40.17%	-30.05%	21.89%	53.67%	36.24%	-1.28%	35.51%
CAIBX American Funds Capital Income Builder Class A	7.79%	20.39%	10.24%	8.95%	-7.14%	14.99%	3.20%	17.23%	-7.28%	13.99%

Correlation

The correlation between JGASX and CAIBX is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since May 2, 2006	0.75

The correlation between JGASX and CAIBX shifts across timeframes, from 0.58 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JGASX vs. CAIBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JGASX

JGASX Risk / Return Rank: 25
JGASX Sharpe Ratio Rank: 30
JGASX Sortino Ratio Rank: 27
JGASX Omega Ratio Rank: 29
JGASX Calmar Ratio Rank: 19
JGASX Martin Ratio Rank: 19

CAIBX

CAIBX Risk / Return Rank: 60
CAIBX Sharpe Ratio Rank: 64
CAIBX Sortino Ratio Rank: 62
CAIBX Omega Ratio Rank: 62
CAIBX Calmar Ratio Rank: 57
CAIBX Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JGASX vs. CAIBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Growth Advantage Fund Class A (JGASX) and American Funds Capital Income Builder Class A (CAIBX). 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.

	JGASX	CAIBX	Difference
Sharpe ratio: Return per unit of total volatility	1.58	2.34	-0.76
Sortino ratio: Return per unit of downside risk	2.17	3.31	-1.14
Omega ratio: Gain probability vs. loss probability	1.28	1.44	-0.16
Calmar ratio: Return relative to maximum drawdown	1.56	2.89	-1.33
Martin ratio: Return relative to average drawdown	4.99	11.49	-6.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JGASX vs. CAIBX - Sharpe Ratio Comparison

The current JGASX Sharpe Ratio is 1.58, which is lower than the CAIBX Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of JGASX and CAIBX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JGASX	CAIBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	2.34	-0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.86	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.88	0.73	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.92	-0.29

Drawdowns

JGASX vs. CAIBX - Drawdown Comparison

The maximum JGASX drawdown since its inception was -53.92%, which is greater than CAIBX's maximum drawdown of -43.68%. Use the drawdown chart below to compare losses from any high point for JGASX and CAIBX.

Drawdown Indicators

	JGASX	CAIBX	Difference
Max Drawdown Largest peak-to-trough decline	-53.92%	-43.68%	-10.24%
Max Drawdown (1Y) Largest decline over 1 year	-15.68%	-6.47%	-9.21%
Max Drawdown (3Y) Largest decline over 3 years	-24.35%	-8.89%	-15.46%
Max Drawdown (5Y) Largest decline over 5 years	-35.09%	-17.65%	-17.44%
Max Drawdown (10Y) Largest decline over 10 years	-35.09%	-25.28%	-9.81%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.85%	-3.81%	-5.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.90%	1.63%	+3.27%

Volatility

JGASX vs. CAIBX - Volatility Comparison

JPMorgan Growth Advantage Fund Class A (JGASX) has a higher volatility of 3.83% compared to American Funds Capital Income Builder Class A (CAIBX) at 2.47%. This indicates that JGASX's price experiences larger fluctuations and is considered to be riskier than CAIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JGASX	CAIBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.83%	2.47%	+1.36%
Volatility (6M) Calculated over the trailing 6-month period	11.77%	6.42%	+5.35%
Volatility (1Y) Calculated over the trailing 1-year period	15.56%	8.00%	+7.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.35%	9.98%	+12.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.17%	10.88%	+11.29%

JGASX vs. CAIBX - Expense Ratio Comparison

JGASX has a 0.74% expense ratio, which is higher than CAIBX's 0.59% expense ratio.

Dividends

JGASX vs. CAIBX - Dividend Comparison

JGASX's dividend yield for the trailing twelve months is around 10.92%, more than CAIBX's 7.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAIBX American Funds Capital Income Builder Class A	7.22%	7.71%	5.76%	3.47%	3.43%	3.14%	3.38%	4.10%	3.55%	4.44%	3.52%	3.62%
JGASX JPMorgan Growth Advantage Fund Class A	10.92%	11.77%	11.84%	0.60%	0.40%	14.74%	10.07%	9.58%	9.61%	4.13%	0.00%	3.47%

Frequently Asked Questions

Can I hold both JGASX and CAIBX in my portfolio?

JGASX and CAIBX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JGASX or CAIBX?

JGASX has higher volatility (3.83%) compared to CAIBX (2.47%). In terms of maximum drawdown, JGASX dropped -53.92% vs CAIBX's -43.68%.

Which has better risk-adjusted returns?

CAIBX currently has the higher Sharpe Ratio (2.34 vs 1.58), 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.