MGLBX vs. GAOAX
Compare and contrast key facts about Marsico Global Fund (MGLBX) and JPMorgan Global Allocation Fund A (GAOAX).
MGLBX is managed by Marsico Investment Fund. It was launched on Jun 28, 2007. GAOAX is managed by JPMorgan. It was launched on May 31, 2011.
Performance
MGLBX vs. GAOAX - Performance Comparison
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MGLBX vs. GAOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGLBX Marsico Global Fund | -3.97% | 27.15% | 40.57% | 35.38% | -34.54% | 10.96% | 81.92% | 27.18% | -4.50% | 40.25% |
GAOAX JPMorgan Global Allocation Fund A | -3.89% | 14.68% | 7.91% | 12.69% | -18.74% | 3.60% | 15.29% | 15.95% | -6.07% | 16.82% |
Returns By Period
The year-to-date returns for both investments are quite close, with MGLBX having a -3.97% return and GAOAX slightly higher at -3.89%. Over the past 10 years, MGLBX has outperformed GAOAX with an annualized return of 17.68%, while GAOAX has yielded a comparatively lower 5.74% annualized return.
MGLBX
- 1D
- 4.43%
- 1M
- -9.71%
- YTD
- -3.97%
- 6M
- -5.64%
- 1Y
- 23.40%
- 3Y*
- 27.17%
- 5Y*
- 10.38%
- 10Y*
- 17.68%
GAOAX
- 1D
- 1.47%
- 1M
- -6.40%
- YTD
- -3.89%
- 6M
- -2.79%
- 1Y
- 9.60%
- 3Y*
- 8.41%
- 5Y*
- 1.86%
- 10Y*
- 5.74%
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MGLBX vs. GAOAX - Expense Ratio Comparison
MGLBX has a 1.45% expense ratio, which is higher than GAOAX's 1.04% expense ratio.
Return for Risk
MGLBX vs. GAOAX — Risk / Return Rank
MGLBX
GAOAX
MGLBX vs. GAOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Marsico Global Fund (MGLBX) and JPMorgan Global Allocation Fund A (GAOAX). 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.
| MGLBX | GAOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 0.86 | +0.25 |
Sortino ratioReturn per unit of downside risk | 1.67 | 1.24 | +0.43 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.17 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.10 | +0.52 |
Martin ratioReturn relative to average drawdown | 6.65 | 4.47 | +2.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MGLBX | GAOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 0.86 | +0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.17 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.53 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.54 | -0.01 |
Correlation
The correlation between MGLBX and GAOAX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MGLBX vs. GAOAX - Dividend Comparison
MGLBX's dividend yield for the trailing twelve months is around 12.63%, more than GAOAX's 10.04% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGLBX Marsico Global Fund | 12.63% | 12.13% | 3.42% | 1.98% | 4.37% | 17.97% | 24.53% | 0.00% | 1.16% | 9.25% | 0.00% | 11.04% |
GAOAX JPMorgan Global Allocation Fund A | 10.04% | 10.15% | 2.34% | 0.00% | 4.62% | 4.61% | 1.54% | 2.43% | 2.52% | 2.95% | 2.59% | 0.96% |
Drawdowns
MGLBX vs. GAOAX - Drawdown Comparison
The maximum MGLBX drawdown since its inception was -59.60%, which is greater than GAOAX's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for MGLBX and GAOAX.
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Drawdown Indicators
| MGLBX | GAOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.60% | -29.02% | -30.58% |
Max Drawdown (1Y)Largest decline over 1 year | -14.92% | -8.95% | -5.97% |
Max Drawdown (5Y)Largest decline over 5 years | -43.08% | -29.02% | -14.06% |
Max Drawdown (10Y)Largest decline over 10 years | -43.08% | -29.02% | -14.06% |
Current DrawdownCurrent decline from peak | -11.15% | -7.61% | -3.54% |
Average DrawdownAverage peak-to-trough decline | -11.65% | -6.01% | -5.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 2.20% | +1.43% |
Volatility
MGLBX vs. GAOAX - Volatility Comparison
Marsico Global Fund (MGLBX) has a higher volatility of 9.30% compared to JPMorgan Global Allocation Fund A (GAOAX) at 4.98%. This indicates that MGLBX's price experiences larger fluctuations and is considered to be riskier than GAOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGLBX | GAOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.30% | 4.98% | +4.32% |
Volatility (6M)Calculated over the trailing 6-month period | 14.55% | 7.55% | +7.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.44% | 11.53% | +10.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.69% | 11.03% | +10.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.87% | 10.81% | +12.06% |