JNBAX vs. GSBFX
JNBAX (JPMorgan Income Builder Fund Class A) and GSBFX (Goldman Sachs Income Builder Fund) are both mutual funds - JNBAX is a Global Allocation fund tracking the 60% MSCI World Index (net total return) / 40% Bloomberg U.S. Aggregate Index, while GSBFX is a Diversified Portfolio fund managed by Goldman Sachs. Over the past 10 years, JNBAX returned 5.61%/yr vs 6.89%/yr for GSBFX. Their correlation of 0.89 means they have usually moved in the same direction. JNBAX charges 0.75%/yr vs 0.79%/yr for GSBFX.
Performance
JNBAX vs. GSBFX - Performance Comparison
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Returns By Period
In the year-to-date period, JNBAX achieves a 4.72% return, which is significantly lower than GSBFX's 6.71% return. Over the past 10 years, JNBAX has underperformed GSBFX with an annualized return of 5.61%, while GSBFX has yielded a comparatively higher 6.89% annualized return.
JNBAX
- 1D
- 1.23%
- 1M
- -0.54%
- 6M
- 2.70%
- YTD
- 4.72%
- 1Y
- 10.95%
- 3Y*
- 9.57%
- 5Y*
- 4.09%
- 10Y*
- 5.61%
- ALL TIME*
- 4.90%
GSBFX
- 1D
- 0.70%
- 1M
- 0.16%
- 6M
- 5.01%
- YTD
- 6.71%
- 1Y
- 12.27%
- 3Y*
- 10.25%
- 5Y*
- 5.58%
- 10Y*
- 6.89%
- ALL TIME*
- 6.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JNBAX vs. GSBFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNBAX JPMorgan Income Builder Fund Class A | 4.72% | 12.74% | 7.22% | 9.20% | -12.97% | 8.82% | 6.09% | 14.81% | -4.46% | 11.85% |
GSBFX Goldman Sachs Income Builder Fund | 6.71% | 10.42% | 9.32% | 9.64% | -9.53% | 10.50% | 9.53% | 19.38% | -4.92% | 7.94% |
Correlation
The correlation between JNBAX and GSBFX is 0.88, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.88 |
Correlation (3Y) Balances recent behavior with more history. | 0.91 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.92 |
Correlation (All Time) Calculated using the full available price history since May 31, 2007 | 0.89 |
The correlation between JNBAX and GSBFX has been stable across timeframes, ranging from 0.88 to 0.93 - a consistent structural relationship.
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Return for Risk
JNBAX vs. GSBFX — Risk / Return Rank
JNBAX
GSBFX
JNBAX vs. GSBFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Income Builder Fund Class A (JNBAX) and Goldman Sachs Income Builder Fund (GSBFX). 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.
| JNBAX | GSBFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.38 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 2.67 | -0.81 |
| Martin ratioReturn relative to average drawdown | 8.09 | 11.57 | -3.49 |
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Drawdowns
JNBAX vs. GSBFX - Drawdown Comparison
The maximum JNBAX drawdown since its inception was -37.41%, roughly equal to the maximum GSBFX drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for JNBAX and GSBFX.
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Drawdown Indicators
| JNBAX | GSBFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.41% | -37.04% | -0.37% |
Max Drawdown (1Y)Largest decline over 1 year | -5.74% | -4.44% | -1.30% |
Max Drawdown (3Y)Largest decline over 3 years | -7.93% | -8.14% | +0.21% |
Max Drawdown (5Y)Largest decline over 5 years | -19.26% | -15.94% | -3.32% |
Max Drawdown (10Y)Largest decline over 10 years | -23.56% | -23.42% | -0.14% |
Current DrawdownCurrent decline from peak | -1.90% | 0.00% | -1.90% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -4.16% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 1.02% | +0.30% |
Volatility
JNBAX vs. GSBFX - Volatility Comparison
JPMorgan Income Builder Fund Class A (JNBAX) has a higher volatility of 2.33% compared to Goldman Sachs Income Builder Fund (GSBFX) at 1.50%. This indicates that JNBAX's price experiences larger fluctuations and is considered to be riskier than GSBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JNBAX | GSBFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.33% | 1.50% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 6.51% | 4.68% | +1.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.41% | 5.74% | +1.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.96% | 7.44% | +0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.91% | 7.96% | -0.05% |
JNBAX vs. GSBFX - Expense Ratio Comparison
JNBAX has a 0.75% expense ratio, which is lower than GSBFX's 0.79% expense ratio.
Dividends
JNBAX vs. GSBFX - Dividend Comparison
JNBAX's dividend yield for the trailing twelve months is around 4.67%, less than GSBFX's 5.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSBFX Goldman Sachs Income Builder Fund | 5.06% | 4.39% | 5.12% | 3.41% | 4.10% | 6.66% | 3.05% | 3.52% | 3.98% | 3.52% | 3.78% | 3.93% |
JNBAX JPMorgan Income Builder Fund Class A | 4.67% | 5.04% | 5.77% | 4.94% | 4.46% | 8.18% | 3.34% | 4.03% | 4.41% | 3.74% | 4.27% | 4.06% |
Frequently Asked Questions
JNBAX and GSBFX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNBAX has higher volatility (2.33%) compared to GSBFX (1.50%). In terms of maximum drawdown, JNBAX dropped -37.41% vs GSBFX's -37.04%.
GSBFX currently has the higher Sharpe Ratio (2.07 vs 1.44), 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.
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