OLGAX vs. PMFYX

Last updated Jun 4, 2026

OLGAX (JPMorgan Large Cap Growth Fund Class A) and PMFYX (Pioneer Multi-Asset Income Fund) are both mutual funds - OLGAX is a Large Cap Growth Equities fund managed by JPMorgan, while PMFYX is a Global Allocation fund managed by Amundi. Over the past 10 years, OLGAX returned 19.58%/yr vs 8.87%/yr for PMFYX. At a 0.44 correlation, their price movements are largely independent. OLGAX charges 1.01%/yr vs 0.65%/yr for PMFYX.

Performance

OLGAX vs. PMFYX - Performance Comparison

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

Returns By Period

In the year-to-date period, OLGAX achieves a 7.74% return, which is significantly higher than PMFYX's 5.94% return. Over the past 10 years, OLGAX has outperformed PMFYX with an annualized return of 19.58%, while PMFYX has yielded a comparatively lower 8.87% annualized return.

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%

PMFYX

• 1D: 0.22%
• 1M: 1.01%
• YTD: 5.94%
• 6M: 7.34%
• 1Y: 17.41%
• 3Y*: 13.69%
• 5Y*: 8.15%
• 10Y*: 8.87%

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

OLGAX vs. PMFYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
PMFYX Pioneer Multi-Asset Income Fund	5.94%	23.15%	6.28%	7.04%	-0.34%	12.25%	5.38%	11.13%	-5.91%	18.23%

Correlation

The correlation between OLGAX and PMFYX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Dec 23, 2011	0.44

The correlation between OLGAX and PMFYX shifts across timeframes, from 0.24 (3 years) to 0.44 (all time), reflecting how their relationship changes across market environments.

Return for Risk

OLGAX vs. PMFYX — Risk / Return Rank

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

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

PMFYX

PMFYX Risk / Return Rank: 89
PMFYX Sharpe Ratio Rank: 93
PMFYX Sortino Ratio Rank: 94
PMFYX Omega Ratio Rank: 88
PMFYX Calmar Ratio Rank: 88
PMFYX Martin Ratio Rank: 82

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. PMFYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Large Cap Growth Fund Class A (OLGAX) and Pioneer Multi-Asset Income Fund (PMFYX). 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	PMFYX	Difference
Sharpe ratio: Return per unit of total volatility	1.40	3.14	-1.75
Sortino ratio: Return per unit of downside risk	1.93	4.82	-2.88
Omega ratio: Gain probability vs. loss probability	1.25	1.61	-0.36
Calmar ratio: Return relative to maximum drawdown	1.29	4.35	-3.07
Martin ratio: Return relative to average drawdown	3.66	15.49	-11.83
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. PMFYX - Sharpe Ratio Comparison

The current OLGAX Sharpe Ratio is 1.40, which is lower than the PMFYX Sharpe Ratio of 3.14. The chart below compares the historical Sharpe Ratios of OLGAX and PMFYX, 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	PMFYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	3.14	-1.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	1.12	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.91	1.17	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	1.17	-0.67

Drawdowns

OLGAX vs. PMFYX - Drawdown Comparison

The maximum OLGAX drawdown since its inception was -63.25%, which is greater than PMFYX's maximum drawdown of -24.23%. Use the drawdown chart below to compare losses from any high point for OLGAX and PMFYX.

Drawdown Indicators

	OLGAX	PMFYX	Difference
Max Drawdown Largest peak-to-trough decline	-63.25%	-24.23%	-39.02%
Max Drawdown (1Y) Largest decline over 1 year	-16.92%	-4.08%	-12.84%
Max Drawdown (3Y) Largest decline over 3 years	-21.55%	-7.92%	-13.63%
Max Drawdown (5Y) Largest decline over 5 years	-31.34%	-13.62%	-17.72%
Max Drawdown (10Y) Largest decline over 10 years	-31.87%	-24.23%	-7.64%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-18.70%	-2.60%	-16.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.94%	1.15%	+4.79%

Volatility

OLGAX vs. PMFYX - Volatility Comparison

JPMorgan Large Cap Growth Fund Class A (OLGAX) has a higher volatility of 3.87% compared to Pioneer Multi-Asset Income Fund (PMFYX) at 1.88%. This indicates that OLGAX's price experiences larger fluctuations and is considered to be riskier than PMFYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OLGAX	PMFYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.87%	1.88%	+1.99%
Volatility (6M) Calculated over the trailing 6-month period	11.22%	4.40%	+6.82%
Volatility (1Y) Calculated over the trailing 1-year period	15.60%	5.66%	+9.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.18%	7.28%	+12.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.58%	7.62%	+13.96%

OLGAX vs. PMFYX - Expense Ratio Comparison

OLGAX has a 1.01% expense ratio, which is higher than PMFYX's 0.65% expense ratio.

Dividends

OLGAX vs. PMFYX - Dividend Comparison

OLGAX's dividend yield for the trailing twelve months is around 10.97%, more than PMFYX's 6.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
PMFYX Pioneer Multi-Asset Income Fund	6.30%	6.48%	5.48%	4.87%	5.00%	5.70%	5.58%	6.00%	6.07%	6.88%	5.72%	6.14%

Frequently Asked Questions

Can I hold both OLGAX and PMFYX in my portfolio?

OLGAX and PMFYX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OLGAX or PMFYX?

OLGAX has higher volatility (3.87%) compared to PMFYX (1.88%). In terms of maximum drawdown, OLGAX dropped -63.25% vs PMFYX's -24.23%.

Which has better risk-adjusted returns?

PMFYX currently has the higher Sharpe Ratio (3.14 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.