JLGMX vs. VUG

Last updated Jun 6, 2026

JLGMX (JPMorgan Large Cap Growth Fund Class R6) and VUG (Vanguard Growth ETF) are both Large Cap Growth Equities funds. JLGMX is actively managed, while VUG is passively managed. Over the past 10 years, JLGMX returned 20.03%/yr vs 17.81%/yr for VUG. With a 0.96 correlation, they move nearly in lockstep. JLGMX charges 0.44%/yr vs 0.03%/yr for VUG.

Performance

JLGMX vs. VUG - Performance Comparison

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

Returns By Period

In the year-to-date period, JLGMX achieves a 7.17% return, which is significantly higher than VUG's 5.80% return. Over the past 10 years, JLGMX has outperformed VUG with an annualized return of 20.03%, while VUG has yielded a comparatively lower 17.81% annualized return.

JLGMX

• 1D: -0.03%
• 1M: 2.98%
• YTD: 7.17%
• 6M: 5.20%
• 1Y: 20.96%
• 3Y*: 23.76%
• 5Y*: 13.57%
• 10Y*: 20.03%

VUG

• 1D: -3.62%
• 1M: 0.03%
• YTD: 5.80%
• 6M: 4.57%
• 1Y: 23.98%
• 3Y*: 24.49%
• 5Y*: 14.33%
• 10Y*: 17.81%

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

JLGMX vs. VUG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JLGMX JPMorgan Large Cap Growth Fund Class R6	7.17%	14.38%	35.40%	34.95%	-25.20%	18.48%	56.39%	39.47%	0.74%	38.41%
VUG Vanguard Growth ETF	5.80%	19.40%	32.69%	46.83%	-33.16%	27.35%	40.25%	37.03%	-3.32%	27.72%

Correlation

The correlation between JLGMX and VUG is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
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 Dec 1, 2010	0.96

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

Return for Risk

JLGMX vs. VUG — Risk / Return Rank

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

JLGMX

JLGMX Risk / Return Rank: 19
JLGMX Sharpe Ratio Rank: 23
JLGMX Sortino Ratio Rank: 21
JLGMX Omega Ratio Rank: 22
JLGMX Calmar Ratio Rank: 14
JLGMX Martin Ratio Rank: 13

VUG

VUG Risk / Return Rank: 38
VUG Sharpe Ratio Rank: 43
VUG Sortino Ratio Rank: 40
VUG Omega Ratio Rank: 41
VUG Calmar Ratio Rank: 30
VUG Martin Ratio Rank: 34

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.

JLGMX vs. VUG - Risk-Adjusted Trends Comparison

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

	JLGMX	VUG	Difference
Sharpe ratio: Return per unit of total volatility	1.31	1.48	-0.17
Sortino ratio: Return per unit of downside risk	1.83	2.01	-0.18
Omega ratio: Gain probability vs. loss probability	1.23	1.26	-0.03
Calmar ratio: Return relative to maximum drawdown	1.22	1.46	-0.23
Martin ratio: Return relative to average drawdown	3.49	5.09	-1.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JLGMX vs. VUG - Sharpe Ratio Comparison

The current JLGMX Sharpe Ratio is 1.31, which is comparable to the VUG Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of JLGMX and VUG, 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

	JLGMX	VUG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	1.48	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.65	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.93	0.83	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.61	+0.24

Drawdowns

JLGMX vs. VUG - Drawdown Comparison

The maximum JLGMX drawdown since its inception was -31.82%, smaller than the maximum VUG drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for JLGMX and VUG.

Drawdown Indicators

	JLGMX	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-31.82%	-50.68%	+18.86%
Max Drawdown (1Y) Largest decline over 1 year	-16.73%	-16.53%	-0.20%
Max Drawdown (3Y) Largest decline over 3 years	-21.47%	-22.85%	+1.38%
Max Drawdown (5Y) Largest decline over 5 years	-31.13%	-35.61%	+4.48%
Max Drawdown (10Y) Largest decline over 10 years	-31.82%	-35.61%	+3.79%
Current Drawdown Current decline from peak	-0.73%	-4.83%	+4.10%
Average Drawdown Average peak-to-trough decline	-5.81%	-7.09%	+1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.85%	4.72%	+1.13%

Volatility

JLGMX vs. VUG - Volatility Comparison

The current volatility for JPMorgan Large Cap Growth Fund Class R6 (JLGMX) is 3.95%, while Vanguard Growth ETF (VUG) has a volatility of 5.17%. This indicates that JLGMX experiences smaller price fluctuations and is considered to be less risky than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JLGMX	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	5.17%	-1.22%
Volatility (6M) Calculated over the trailing 6-month period	11.21%	12.68%	-1.47%
Volatility (1Y) Calculated over the trailing 1-year period	15.60%	16.26%	-0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.18%	22.27%	-2.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.57%	21.47%	+0.10%

JLGMX vs. VUG - Expense Ratio Comparison

JLGMX has a 0.44% expense ratio, which is higher than VUG's 0.03% expense ratio.

Dividends

JLGMX vs. VUG - Dividend Comparison

JLGMX's dividend yield for the trailing twelve months is around 10.30%, more than VUG's 0.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JLGMX JPMorgan Large Cap Growth Fund Class R6	10.30%	11.04%	2.12%	0.31%	3.49%	14.25%	5.14%	12.65%	15.59%	14.44%	9.71%	4.43%
VUG Vanguard Growth ETF	0.39%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both JLGMX and VUG in my portfolio?

With a correlation of 0.94, JLGMX and VUG 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, JLGMX or VUG?

VUG has higher volatility (5.17%) compared to JLGMX (3.95%). In terms of maximum drawdown, JLGMX dropped -31.82% vs VUG's -50.68%.

Which has better risk-adjusted returns?

VUG currently has the higher Sharpe Ratio (1.48 vs 1.31), 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.