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OGLVX vs. GPICX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

OGLVX vs. GPICX

Last updated Jun 24, 2026

OGLVX (JPMorgan Short Duration Bond A) and GPICX (GuidepathConservative Income Fund) are both Short-Term Bond funds. Over the past 5 years, OGLVX returned 2.16%/yr vs 2.44%/yr for GPICX. At a 0.34 correlation, their price movements are largely independent. OGLVX charges 0.59%/yr vs 0.75%/yr for GPICX.

Performance

OGLVX vs. GPICX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Short Duration Bond A (OGLVX) and GuidepathConservative Income Fund (GPICX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, OGLVX achieves a 0.28% return, which is significantly lower than GPICX's 1.10% return.

OGLVX

1D
-0.09%
1M
0.23%
YTD
0.28%
6M
0.42%
1Y
2.91%
3Y*
4.64%
5Y*
2.16%
10Y*
2.02%

GPICX

1D
0.00%
1M
0.31%
YTD
1.10%
6M
1.31%
1Y
3.22%
3Y*
4.06%
5Y*
2.44%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

OGLVX vs. GPICX - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
OGLVX
JPMorgan Short Duration Bond A		0.28%5.32%4.80%5.24%-3.95%-0.31%4.26%4.00%1.23%
GPICX
GuidepathConservative Income Fund		1.10%3.49%4.73%4.87%-1.67%0.08%-0.23%2.30%0.80%

Correlation

The correlation between OGLVX and GPICX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.13

Correlation (3Y)
Calculated over the trailing 3-year period

0.30

Correlation (5Y)
Calculated over the trailing 5-year period

0.40

Correlation (All Time)
Calculated using the full available price history since Jun 20, 2018

0.34

Over the past year, the correlation between OGLVX and GPICX has dropped to 0.13 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.

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JPMorgan Short Duration Bond A

GuidepathConservative Income Fund

Often compared with OGLVX:
OGLVX vs. OLGAXOGLVX vs. SEEGXOGLVX vs. VHIAXOGLVX vs. JHEQXOGLVX vs. JUEMXOGLVX vs. DFAIXOGLVX vs. JEPIX
Often compared with GPICX:
GPICX vs. GPIGXGPICX vs. DTCPXGPICX vs. TNSHXGPICX vs. FMFIXGPICX vs. PSHYXGPICX vs. GPARXGPICX vs. GPIFX

Return for Risk

OGLVX vs. GPICX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
OGLVX
OGLVX Risk / Return Rank: 6060
Overall Rank
OGLVX Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
OGLVX Sortino Ratio Rank: 7373
Sortino Ratio Rank
OGLVX Omega Ratio Rank: 7272
Omega Ratio Rank
OGLVX Calmar Ratio Rank: 5656
Calmar Ratio Rank
OGLVX Martin Ratio Rank: 4444
Martin Ratio Rank
GPICX
GPICX Risk / Return Rank: 9999
Overall Rank
GPICX Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
GPICX Sortino Ratio Rank: 9999
Sortino Ratio Rank
GPICX Omega Ratio Rank: 9999
Omega Ratio Rank
GPICX Calmar Ratio Rank: 9999
Calmar Ratio Rank
GPICX Martin Ratio Rank: 9999
Martin Ratio Rank
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.

OGLVX vs. GPICX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Short Duration Bond A (OGLVX) and GuidepathConservative Income Fund (GPICX). 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.

OGLVXGPICXDifference
Sharpe ratioReturn per unit of total volatility
2.01
4.20

-2.19

Sortino ratioReturn per unit of downside risk
3.24
8.17

-4.93

Omega ratioGain probability vs. loss probability

1.43

3.02

-1.58

Calmar ratioReturn relative to maximum drawdown

2.75

13.45

-10.69

Martin ratioReturn relative to average drawdown

8.76

69.81

-61.05

OGLVX vs. GPICX - Sharpe Ratio Comparison

The current OGLVX Sharpe Ratio is 2.01, which is lower than the GPICX Sharpe Ratio of 4.20. The chart below compares the historical Sharpe Ratios of OGLVX and GPICX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

OGLVX vs. GPICX - Drawdown Comparison

The maximum OGLVX drawdown since its inception was -6.08%, which is greater than GPICX's maximum drawdown of -3.10%. Use the drawdown chart below to compare losses from any high point for OGLVX and GPICX.

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Drawdown Indicators

OGLVXGPICXDifference

Max Drawdown

Largest peak-to-trough decline

-6.08%

-3.10%

-2.98%

Max Drawdown (1Y)

Largest decline over 1 year

-1.10%

-0.25%

-0.85%

Max Drawdown (3Y)

Largest decline over 3 years

-1.10%

-0.52%

-0.58%

Max Drawdown (5Y)

Largest decline over 5 years

-6.03%

-2.79%

-3.24%

Max Drawdown (10Y)

Largest decline over 10 years

-6.08%

—

—

Current Drawdown

Current decline from peak

-0.52%

0.00%

-0.52%

Average Drawdown

Average peak-to-trough decline

-0.49%

-0.56%

+0.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.34%

0.05%

+0.29%

Volatility

OGLVX vs. GPICX - Volatility Comparison

JPMorgan Short Duration Bond A (OGLVX) has a higher volatility of 0.58% compared to GuidepathConservative Income Fund (GPICX) at 0.19%. This indicates that OGLVX's price experiences larger fluctuations and is considered to be riskier than GPICX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

OGLVXGPICXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.58%

0.19%

+0.39%

Volatility (6M)

Calculated over the trailing 6-month period

1.07%

0.61%

+0.46%

Volatility (1Y)

Calculated over the trailing 1-year period

1.50%

0.80%

+0.70%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.00%

1.10%

+0.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.67%

1.06%

+0.61%

OGLVX vs. GPICX - Expense Ratio Comparison

OGLVX has a 0.59% expense ratio, which is lower than GPICX's 0.75% expense ratio.

Dividends

OGLVX vs. GPICX - Dividend Comparison

OGLVX's dividend yield for the trailing twelve months is around 3.64%, less than GPICX's 3.80% yield.

PositionTTM20252024202320222021202020192018201720162015
GPICX
GuidepathConservative Income Fund		3.80%3.86%4.53%4.23%1.51%0.48%0.57%1.67%1.30%0.00%0.00%0.00%
OGLVX
JPMorgan Short Duration Bond A		3.64%3.97%3.74%2.70%1.20%0.96%1.79%2.15%1.47%0.99%0.70%0.73%

Frequently Asked Questions

OGLVX and GPICX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

OGLVX has higher volatility (0.58%) compared to GPICX (0.19%). In terms of maximum drawdown, OGLVX dropped -6.08% vs GPICX's -3.10%.

GPICX currently has the higher Sharpe Ratio (4.20 vs 2.01), 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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