OLGAX vs. MEGBX

Last updated Jun 5, 2026

OLGAX (JPMorgan Large Cap Growth Fund Class A) and MEGBX (MFS Growth Fund) are both Large Cap Growth Equities funds. Over the past 10 years, OLGAX returned 19.49%/yr vs 17.33%/yr for MEGBX. Their correlation of 0.91 suggests significant overlap in exposure. OLGAX charges 1.01%/yr vs 1.59%/yr for MEGBX.

Performance

OLGAX vs. MEGBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Large Cap Growth Fund Class A (OLGAX) and MFS Growth Fund (MEGBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OLGAX achieves a 6.98% return, which is significantly higher than MEGBX's 4.50% return. Over the past 10 years, OLGAX has outperformed MEGBX with an annualized return of 19.49%, while MEGBX has yielded a comparatively lower 17.33% annualized return.

OLGAX

• 1D: -0.71%
• 1M: 5.18%
• YTD: 6.98%
• 6M: 5.09%
• 1Y: 19.82%
• 3Y*: 23.20%
• 5Y*: 13.03%
• 10Y*: 19.49%

MEGBX

• 1D: -1.27%
• 1M: 3.08%
• YTD: 4.50%
• 6M: 3.82%
• 1Y: 14.25%
• 3Y*: 28.40%
• 5Y*: 14.57%
• 10Y*: 17.33%

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

OLGAX vs. MEGBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OLGAX JPMorgan Large Cap Growth Fund Class A	6.98%	13.79%	34.85%	34.28%	-25.58%	17.87%	55.60%	38.81%	0.23%	37.75%
MEGBX MFS Growth Fund	4.50%	11.25%	61.25%	34.81%	-31.83%	22.34%	30.36%	36.33%	1.21%	29.54%

Correlation

The correlation between OLGAX and MEGBX 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	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Feb 23, 1994	0.91

The correlation between OLGAX and MEGBX has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.

Return for Risk

OLGAX vs. MEGBX — Risk / Return Rank

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

OLGAX

OLGAX Risk / Return Rank: 17
OLGAX Sharpe Ratio Rank: 21
OLGAX Sortino Ratio Rank: 19
OLGAX Omega Ratio Rank: 20
OLGAX Calmar Ratio Rank: 13
OLGAX Martin Ratio Rank: 12

MEGBX

MEGBX Risk / Return Rank: 11
MEGBX Sharpe Ratio Rank: 13
MEGBX Sortino Ratio Rank: 12
MEGBX Omega Ratio Rank: 12
MEGBX Calmar Ratio Rank: 9
MEGBX Martin Ratio Rank: 10

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.

OLGAX vs. MEGBX - Risk-Adjusted Trends Comparison

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

	OLGAX	MEGBX	Difference
Sharpe ratio: Return per unit of total volatility	1.31	0.95	+0.36
Sortino ratio: Return per unit of downside risk	1.83	1.38	+0.45
Omega ratio: Gain probability vs. loss probability	1.23	1.17	+0.06
Calmar ratio: Return relative to maximum drawdown	1.21	0.86	+0.35
Martin ratio: Return relative to average drawdown	3.44	2.75	+0.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OLGAX vs. MEGBX - Sharpe Ratio Comparison

The current OLGAX Sharpe Ratio is 1.31, which is higher than the MEGBX Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of OLGAX and MEGBX, 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

	OLGAX	MEGBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	0.95	+0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.62	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.91	0.79	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.51	-0.01

Drawdowns

OLGAX vs. MEGBX - Drawdown Comparison

The maximum OLGAX drawdown since its inception was -63.25%, smaller than the maximum MEGBX drawdown of -72.95%. Use the drawdown chart below to compare losses from any high point for OLGAX and MEGBX.

Drawdown Indicators

	OLGAX	MEGBX	Difference
Max Drawdown Largest peak-to-trough decline	-63.25%	-72.95%	+9.70%
Max Drawdown (1Y) Largest decline over 1 year	-16.92%	-17.64%	+0.72%
Max Drawdown (3Y) Largest decline over 3 years	-21.55%	-23.39%	+1.84%
Max Drawdown (5Y) Largest decline over 5 years	-31.34%	-36.73%	+5.39%
Max Drawdown (10Y) Largest decline over 10 years	-31.87%	-36.73%	+4.86%
Current Drawdown Current decline from peak	-0.71%	-1.61%	+0.90%
Average Drawdown Average peak-to-trough decline	-18.70%	-21.75%	+3.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.94%	5.48%	+0.46%

Volatility

OLGAX vs. MEGBX - Volatility Comparison

JPMorgan Large Cap Growth Fund Class A (OLGAX) and MFS Growth Fund (MEGBX) have volatilities of 3.97% 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

	OLGAX	MEGBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.97%	3.87%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	11.23%	12.30%	-1.07%
Volatility (1Y) Calculated over the trailing 1-year period	15.61%	15.88%	-0.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.18%	23.50%	-3.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.58%	22.04%	-0.46%

OLGAX vs. MEGBX - Expense Ratio Comparison

OLGAX has a 1.01% expense ratio, which is lower than MEGBX's 1.59% expense ratio.

Dividends

OLGAX vs. MEGBX - Dividend Comparison

OLGAX's dividend yield for the trailing twelve months is around 11.04%, less than MEGBX's 25.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MEGBX MFS Growth Fund	25.45%	26.60%	40.46%	7.21%	1.51%	3.91%	4.94%	2.13%	4.95%	3.26%	2.03%	4.61%
OLGAX JPMorgan Large Cap Growth Fund Class A	11.04%	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 OLGAX and MEGBX in my portfolio?

With a correlation of 0.94, OLGAX and MEGBX 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, OLGAX or MEGBX?

OLGAX has higher volatility (3.97%) compared to MEGBX (3.87%). In terms of maximum drawdown, OLGAX dropped -63.25% vs MEGBX's -72.95%.

Which has better risk-adjusted returns?

OLGAX currently has the higher Sharpe Ratio (1.31 vs 0.95), 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.