JGASX vs. VOOG

Last updated Jun 3, 2026

JGASX (JPMorgan Growth Advantage Fund Class A) and VOOG (Vanguard S&P 500 Growth ETF) are both funds - JGASX is a Large Cap Growth Equities fund actively managed by JPMorgan, while VOOG is a S&P 500 fund tracking the S&P 500 Growth Index. JGASX is actively managed, while VOOG is passively managed. Over the past 10 years, JGASX returned 19.49%/yr vs 18.26%/yr for VOOG. Their correlation of 0.94 suggests significant overlap in exposure. JGASX charges 0.74%/yr vs 0.07%/yr for VOOG.

Performance

JGASX vs. VOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Growth Advantage Fund Class A (JGASX) and Vanguard S&P 500 Growth ETF (VOOG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JGASX achieves a 7.77% return, which is significantly lower than VOOG's 14.85% return. Over the past 10 years, JGASX has outperformed VOOG with an annualized return of 19.49%, while VOOG has yielded a comparatively lower 18.26% annualized return.

JGASX

• 1D: 0.49%
• 1M: 5.67%
• YTD: 7.77%
• 6M: 6.50%
• 1Y: 24.36%
• 3Y*: 25.74%
• 5Y*: 14.33%
• 10Y*: 19.49%

VOOG

• 1D: -0.15%
• 1M: 8.31%
• YTD: 14.85%
• 6M: 14.86%
• 1Y: 36.07%
• 3Y*: 28.53%
• 5Y*: 16.56%
• 10Y*: 18.26%

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

JGASX vs. VOOG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JGASX JPMorgan Growth Advantage Fund Class A	7.77%	15.79%	38.95%	40.17%	-30.05%	21.89%	53.67%	36.24%	-1.28%	35.51%
VOOG Vanguard S&P 500 Growth ETF	14.85%	22.11%	35.89%	29.96%	-29.48%	31.95%	33.35%	30.93%	-0.21%	27.19%

Correlation

The correlation between JGASX and VOOG is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Sep 10, 2010	0.94

The correlation between JGASX and VOOG has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

Return for Risk

JGASX vs. VOOG — Risk / Return Rank

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

JGASX

JGASX Risk / Return Rank: 26
JGASX Sharpe Ratio Rank: 33
JGASX Sortino Ratio Rank: 29
JGASX Omega Ratio Rank: 31
JGASX Calmar Ratio Rank: 20
JGASX Martin Ratio Rank: 19

VOOG

VOOG Risk / Return Rank: 63
VOOG Sharpe Ratio Rank: 69
VOOG Sortino Ratio Rank: 66
VOOG Omega Ratio Rank: 64
VOOG Calmar Ratio Rank: 54
VOOG Martin Ratio Rank: 62

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. VOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Growth Advantage Fund Class A (JGASX) and Vanguard S&P 500 Growth ETF (VOOG). 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	VOOG	Difference
Sharpe ratio Return per unit of total volatility	1.64	2.29	-0.65
Sortino ratio Return per unit of downside risk	2.24	3.07	-0.83
Omega ratio Gain probability vs. loss probability	1.29	1.39	-0.10
Calmar ratio Return relative to maximum drawdown	1.63	2.72	-1.09
Martin ratio Return relative to average drawdown	5.20	11.28	-6.08
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. VOOG - Sharpe Ratio Comparison

The current JGASX Sharpe Ratio is 1.64, which is comparable to the VOOG Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of JGASX and VOOG, 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	VOOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	2.29	-0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.79	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.88	0.88	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.91	-0.28

Drawdowns

JGASX vs. VOOG - Drawdown Comparison

The maximum JGASX drawdown since its inception was -53.92%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for JGASX and VOOG.

Drawdown Indicators

	JGASX	VOOG	Difference
Max Drawdown Largest peak-to-trough decline	-53.92%	-32.73%	-21.19%
Max Drawdown (1Y) Largest decline over 1 year	-15.68%	-13.71%	-1.97%
Max Drawdown (3Y) Largest decline over 3 years	-24.35%	-22.18%	-2.17%
Max Drawdown (5Y) Largest decline over 5 years	-35.09%	-32.73%	-2.36%
Max Drawdown (10Y) Largest decline over 10 years	-35.09%	-32.73%	-2.36%
Current Drawdown Current decline from peak	0.00%	-0.15%	+0.15%
Average Drawdown Average peak-to-trough decline	-8.85%	-4.97%	-3.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.90%	3.31%	+1.59%

Volatility

JGASX vs. VOOG - Volatility Comparison

The current volatility for JPMorgan Growth Advantage Fund Class A (JGASX) is 3.84%, while Vanguard S&P 500 Growth ETF (VOOG) has a volatility of 4.14%. This indicates that JGASX experiences smaller price fluctuations and is considered to be less risky than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JGASX	VOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.84%	4.14%	-0.30%
Volatility (6M) Calculated over the trailing 6-month period	11.78%	12.39%	-0.61%
Volatility (1Y) Calculated over the trailing 1-year period	15.59%	15.83%	-0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.35%	21.19%	+1.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.17%	20.73%	+1.44%

JGASX vs. VOOG - Expense Ratio Comparison

JGASX has a 0.74% expense ratio, which is higher than VOOG's 0.07% expense ratio.

Dividends

JGASX vs. VOOG - Dividend Comparison

JGASX's dividend yield for the trailing twelve months is around 10.92%, more than VOOG's 0.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VOOG Vanguard S&P 500 Growth ETF	0.43%	0.49%	0.49%	1.12%	0.93%	0.53%	0.88%	1.26%	1.34%	1.32%	1.47%	1.56%

Frequently Asked Questions

Can I hold both JGASX and VOOG in my portfolio?

With a correlation of 0.97, JGASX and VOOG 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, JGASX or VOOG?

VOOG has higher volatility (4.14%) compared to JGASX (3.84%). In terms of maximum drawdown, JGASX dropped -53.92% vs VOOG's -32.73%.

Which has better risk-adjusted returns?

VOOG currently has the higher Sharpe Ratio (2.29 vs 1.64), 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.