JLGRX vs. OLGAX

Last updated Jun 4, 2026

JLGRX (JPMorgan Large Cap Growth Fund Class R5) and OLGAX (JPMorgan Large Cap Growth Fund Class A) are both Large Cap Growth Equities funds from JPMorgan. Over the past 10 years, JLGRX returned 20.04%/yr vs 19.58%/yr for OLGAX. With a 1.00 correlation, they move nearly in lockstep. JLGRX charges 0.54%/yr vs 1.01%/yr for OLGAX.

Performance

JLGRX vs. OLGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Large Cap Growth Fund Class R5 (JLGRX) and JPMorgan Large Cap Growth Fund Class A (OLGAX). 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 JLGRX having a 7.91% return and OLGAX slightly lower at 7.74%. Both investments have delivered pretty close results over the past 10 years, with JLGRX having a 20.04% annualized return and OLGAX not far behind at 19.58%.

JLGRX

• 1D: 0.66%
• 1M: 6.71%
• YTD: 7.91%
• 6M: 6.58%
• 1Y: 21.70%
• 3Y*: 23.95%
• 5Y*: 13.88%
• 10Y*: 20.04%

OLGAX

• 1D: 0.66%
• 1M: 6.67%
• YTD: 7.74%
• 6M: 6.37%
• 1Y: 21.23%
• 3Y*: 23.49%
• 5Y*: 13.44%
• 10Y*: 19.58%

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

JLGRX vs. OLGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JLGRX JPMorgan Large Cap Growth Fund Class R5	7.91%	14.27%	35.30%	34.79%	-25.27%	18.35%	56.25%	39.32%	0.65%	38.26%
OLGAX JPMorgan Large Cap Growth Fund Class A	7.74%	13.79%	34.85%	34.28%	-25.58%	17.87%	55.60%	38.81%	0.23%	37.75%

Correlation

The correlation between JLGRX and OLGAX is 1.00 - 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	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Apr 15, 2009	1.00

The correlation between JLGRX and OLGAX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

JLGRX vs. OLGAX — Risk / Return Rank

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

JLGRX

JLGRX Risk / Return Rank: 20
JLGRX Sharpe Ratio Rank: 25
JLGRX Sortino Ratio Rank: 22
JLGRX Omega Ratio Rank: 24
JLGRX Calmar Ratio Rank: 15
JLGRX Martin Ratio Rank: 13

OLGAX

OLGAX Risk / Return Rank: 19
OLGAX Sharpe Ratio Rank: 24
OLGAX Sortino Ratio Rank: 21
OLGAX Omega Ratio Rank: 23
OLGAX Calmar Ratio Rank: 14
OLGAX Martin Ratio Rank: 12

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.

JLGRX vs. OLGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Large Cap Growth Fund Class R5 (JLGRX) and JPMorgan Large Cap Growth Fund Class A (OLGAX). 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.

	JLGRX	OLGAX	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.40	+0.03
Sortino ratio: Return per unit of downside risk	1.97	1.93	+0.04
Omega ratio: Gain probability vs. loss probability	1.25	1.25	+0.01
Calmar ratio: Return relative to maximum drawdown	1.33	1.29	+0.04
Martin ratio: Return relative to average drawdown	3.79	3.66	+0.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JLGRX vs. OLGAX - Sharpe Ratio Comparison

The current JLGRX Sharpe Ratio is 1.43, which is comparable to the OLGAX Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of JLGRX and OLGAX, 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

	JLGRX	OLGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	1.40	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.67	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.93	0.91	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.50	+0.42

Drawdowns

JLGRX vs. OLGAX - Drawdown Comparison

The maximum JLGRX drawdown since its inception was -31.84%, smaller than the maximum OLGAX drawdown of -63.25%. Use the drawdown chart below to compare losses from any high point for JLGRX and OLGAX.

Drawdown Indicators

	JLGRX	OLGAX	Difference
Max Drawdown Largest peak-to-trough decline	-31.84%	-63.25%	+31.41%
Max Drawdown (1Y) Largest decline over 1 year	-16.77%	-16.92%	+0.15%
Max Drawdown (3Y) Largest decline over 3 years	-21.48%	-21.55%	+0.07%
Max Drawdown (5Y) Largest decline over 5 years	-31.17%	-31.34%	+0.17%
Max Drawdown (10Y) Largest decline over 10 years	-31.84%	-31.87%	+0.03%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.57%	-18.70%	+13.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.87%	5.94%	-0.07%

Volatility

JLGRX vs. OLGAX - Volatility Comparison

JPMorgan Large Cap Growth Fund Class R5 (JLGRX) and JPMorgan Large Cap Growth Fund Class A (OLGAX) have volatilities of 3.87% and 3.87%, 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

	JLGRX	OLGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.87%	3.87%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	11.22%	11.22%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	15.60%	15.60%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.19%	20.18%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.61%	21.58%	+0.03%

JLGRX vs. OLGAX - Expense Ratio Comparison

JLGRX has a 0.54% expense ratio, which is lower than OLGAX's 1.01% expense ratio.

Dividends

JLGRX vs. OLGAX - Dividend Comparison

JLGRX's dividend yield for the trailing twelve months is around 10.29%, less than OLGAX's 10.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JLGRX JPMorgan Large Cap Growth Fund Class R5	10.29%	11.10%	2.05%	0.23%	3.42%	14.42%	5.16%	12.66%	15.62%	14.53%	9.75%	4.45%
OLGAX JPMorgan Large Cap Growth Fund Class A	10.97%	11.82%	2.06%	0.00%	3.20%	15.30%	5.32%	13.03%	16.18%	14.92%	9.94%	4.51%

Frequently Asked Questions

Can I hold both JLGRX and OLGAX in my portfolio?

With a correlation of 1.00, JLGRX and OLGAX 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, JLGRX or OLGAX?

OLGAX has higher volatility (3.87%) compared to JLGRX (3.87%). In terms of maximum drawdown, JLGRX dropped -31.84% vs OLGAX's -63.25%.

Which has better risk-adjusted returns?

JLGRX currently has the higher Sharpe Ratio (1.43 vs 1.40), 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.